Palantir Stock Is Near a Record High. Should Investors Sell?

Palantir Technologies is trading near all-time highs with impressive Q2 2026 results showing 93% revenue growth and 62% adjusted operating margins. However, the stock's 171 P/E ratio leaves little room for disappointment. The article advises existing shareholders to reassess their positions based on future return potential rather than past gains, considering whether the valuation justifies continued holding and whether the position size creates excessive portfolio concentration risk.