Palantir (NASDAQ:PLTR) has gone from one of Wall Street’s hottest AI stocks to one of its biggest disappointments this year. Even after reboundi...

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.

Palantir shares climbed 5% to near $134 on June 15 as a US-Iran peace deal sparked a tech rally and investors rotated back into AI software from crypto.