Palantir stock has been on a tear in 2025, rising more than 40% even after Tuesday's big drop. Analysts have expressed concerns about the AI firm's valuation.

(Reuters) -Shares of Palantir Technologies slumped about 7% in premarket trading on Tuesday, after quarterly results and a raised forecast failed to meet the high expectations of Wall Street investors, who had driven the stock price up significantly ahead of earnings.

But the stock market is a discounting mechanism, which means all that greatness is already priced into Palantir’s stock, veteran stock trader Mark Minervini told MarketWatch. An