Palantir stock (PLTR) continues to suffer, as recent moves against high-growth names continue. Mostly this has been related to rising yields which impact disproportionally high growth names such as Palantir. Tech and Nasdaq stocks have led the decline this week as yields on the US 10-year have pushed above 1.5%.

Why is Palantir stocks going down?

Palantir Technologies (NYSE: PLTR) is trading lower Monday amid overall market weakness as stocks across all sectors fall on COVID-19 concerns and China weakness. ... Palantir has continually said that it expects revenue growth of 30% or greater through 2025.

Is PLTR a good stock to invest?

PLTR Stock Fundamental Analysis

IBD Stock Checkup assigns Palantir a 71 Composite Rating. This proprietary rating gives investors a quick way to gauge a stock's key growth traits. ... Palantir's government revenue rose 66% from the year-earlier period to $232 million, beating estimates for $219.3 million.