PLTR's fundamentals show strong commercial growth, but valuation remains stretched with a P/S ratio above 20x. Technicals indicate resistance near $25, requiring a breakout for sustained momentum.

Market sentiment is mixed as Cathie Wood's reduced stake signals caution, but AI exposure tools highlight PLTR's sector relevance. Short-term trends favor volatility amid broader AI stock uncertainty.

Long-term risks include reliance on government contracts and competition in AI, but commercial expansion could mitigate these. The 2026 'bubble burst' narrative adds downside pressure.

RSI nears overbought territory (68), and declining volume suggests weakening bullish conviction. Support at $20 holds, but failure could trigger a 15% correction.