---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42434569.md"
description: "The biggest risk currently facing PLTR is not its performance, but its narrative. PLTR's performance remains excellent, but compared to last year's stock price decline, competitors have emerged in the market that may threaten its monopoly position. In the past, the market was willing to pay a high valuation premium for PLTR, recognizing its unique competitiveness in the toG market as the sole gateway to the OS operating system in the AI era.However, entering 2026, both OpenAI and Anthropic have shown the potential to directly sign cooperation agreements with governments. Even if they still need to be integrated into PLTR's compliant data platforms such as Foundry, Ghothm, and Fedstatt, they still pose a competitive threat. This competition itself has shaken the monopoly expectation, thereby suppressing the valuation premium.I think this is also the reason why Karp has been directly counterattacking recently. He is actively defining new competitive advantages, emphasizing that enterprises/institutions should possess data sovereignty that cannot be replaced.$Palantir Tech(PLTR.US)"
datetime: "2026-07-06T06:39:24.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42434569.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42434569.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42434569.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# The biggest risk currently facing PLTR is not its …


### Related Stocks

- [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md)

## Comments (12)

- **春哥 · 2026-07-11T06:53:31.000Z**: Is it possible for SpaceX and PLTR to collaborate on something together😂
  - **lyhalfway** (2026-07-11T08:46:22.000Z): There is cooperation, forming a consortium to compete for the Space Force's defense contracts.
- **慢慢来不要急 · 2026-07-06T12:47:23.000Z**: Any recent progress on the cryptocurrency bill?
  - **xbkab** (2026-07-07T04:32:01.000Z): Feels like I can use your name haha, just wait patiently
- **晴儿2025 · 2026-07-06T10:42:30.000Z**: It can be ignored for a long time
- **知行合一「價值」 · 2026-07-06T07:34:59.000Z · 👍 2**: Need to keep watching the earnings growth
- **外贸幼稚园 · 2026-07-06T06:56:00.000Z · 👍 1**: That means from now on, the only way to prove oneself is through performance. As for the high-valuation narrative, it no longer works. However, as a company develops, its high-valuation narrative itself won't last long anyway...
  - **lyhalfway** (2026-07-06T06:57:47.000Z): Hmm, performance is even more important now.
- **在微软等半导体暴跌 · 2026-07-06T06:53:54.000Z**: Is the stock price bubble big now?
  - **lyhalfway** (2026-07-06T06:55:19.000Z): It's okay, not unreasonably high.
- **超人的交易员 · 2026-07-06T06:49:30.000Z**: What's the conclusion?
  - **lyhalfway** (2026-07-06T06:52:20.000Z): Perhaps the high valuation premium like before won't happen again.