Palantir stock hit a 52-week low near $106 after dropping 25% in June 2026, its worst month in five years, as AI competition and valuation concerns mount.

Shares in Palantir hit a 52-week low on Monday as software stocks struggled. Palantir stock has dropped over 30% in 2026.

Palantir stock has fallen 40% from highs due to cyclical fears and AI disruption concerns. RSI indicates nearly oversold levels.