Prediction: Palantir Stock Is Going to Plunge on Aug. 4

Palantir Technologies is expected to report strong Q2 earnings on Aug. 3, likely beating Wall Street estimates as it has for 11 consecutive quarters. However, the article argues the stock will plunge on Aug. 4 due to an unsustainable valuation. With a price-to-sales ratio of 61 (down from over 100 at the start of 2026), Palantir remains in bubble territory. Historical precedent shows that companies at the forefront of major technological innovations rarely sustain such high valuations, and AI is unlikely to be an exception. The author predicts no earnings beat will be sufficient to justify the current stock price.