Trading Near Its 52-Week Low, Is Palantir Technologies Stock a Buy?

Palantir Technologies stock has declined 28% year-to-date and is trading near its 52-week low. While the company demonstrates strong fundamentals with accelerating growth (nearly 85% in Q1) and an impressive Rule of 40 score of 145%, its valuation remains expensive with a P/E multiple above 140. The analyst suggests the stock may continue to fall as retail investors shift focus to newer AI opportunities like SpaceX and OpenAI.