<div id="readability-page-1">Money Markets What Should Palantir Investors Worry About?  ByTrefis Team ,  Contributor.  Forbes contributors publish independent expert analyses and insights. Building a platform to do the job of 1 million analysts for  Great Speculations Follow Author Dec 04, 2025, 01:16pm EST Dec 04, 2025, 01:33pm EST Share Save Comment  The Palantir Technologies logo is displayed on a shipping container at the companys booth during the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 5, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) AFP via Getty Images Palantir Technologies (PLTR) has faced challenges in the past. Its stock has fallen by over 30% within less than 2 months on three separate occasions in recent years, erasing billions in market capital and eliminating considerable gains in a single correction. If past trends indicate anything, PLTR stock is not shielded from abrupt, severe drops.  Despite Palantir's remarkable rise over the last year, driven by accelerated adoption of its AI platform and significant commercial growth, the stock's high valuation might be unsustainable. Trading at ratios significantly higher than industry standards, its current momentum subtly uncovers a weakness: any minor mistake in execution or change in economic conditions could lead to a rapid adjustment, necessitating flawless growth to maintain its elevated status.  What Could Send The Stock Crashing? Valuation Risk: High valuation (107x 2025 P/S) creates significant downside risk, seen in a 17% stock drop in Nov 2025. Robust Q3 2025 revenue growth (63%) and raised FY25 guidance ($4.398B) partially mitigate this.  Rising Competition: Decreasing AI costs and expanding LLMs lower entry barriers, increasing competition. Analysts forecast moderating growth (35% YoY for 2026), potentially impacting margins. Palantir's AIP and recent defense deals (e.g., Exiger, Nov 2025) provide some market defense.  Ethical and PR Issues: Ongoing concerns over government surveillance contracts, such as ICE’s ImmigrationOS, pose risks of reputational damage or regulatory backlash. Palantir’s focus on AI ethics, along with the CEO’s defense of client selection and the company’s new defense contracts, offers some mitigation.  What’s The Worst That Could Happen? When sizing up risk, it’s worth looking at how PLTR has behaved in tough markets. During the Covid pandemic, it fell about 22.5% from peak to trough. The inflation shock hit harder, with a drop of roughly 85%. Even stocks that seem solid take a big hit when volatility spikes. So despite positive factors, PLTR’s history shows it can still face steep declines in a crisis.  But the risk is not limited to major market crashes. Stocks fall even when markets are good - think events like earnings, business updates, and outlook changes. Read PLTR Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.  Is Risk Showing Up In The Company’s Financials Yet? Let’s take a look at fundamentals  MORE FOR YOU Revenue Growth: 47.2% LTM and 29.3% last 3-year average.  Cash Generation: Nearly 46.0% free cash flow margin and 21.8% operating margin LTM.  Valuation: Palantir Technologies stock trades at a P/E multiple of 395.9  metrics Trefis *LTM: Last Twelve Months  If you want more details, read Buy or Sell PLTR Stock.  A Multi-Asset Portfolio Gives You Safer Smarter Growth Markets move differently but a mix of assets smooths volatility. A multi-asset portfolio keeps you invested and reduces the impact of sharp drops in any single area.  The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&amp;P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio , which has a track record of comfortably outperforming its benchmark that includes all three - the S&amp;P 500, S&amp;P mid-cap, and Russell 2000.  Editorial Standards Reprints &amp; Permissions LOADING VIDEO PLAYER... FORBES’ FEATURED Video</div>

PLTR

<p>Palantir Technologies (PLTR) 的股票经历了显著的波动，短时间内下跌超过 30%。尽管近期由于人工智能的采用而实现了增长，但其高估值仍然存在风险。竞争加剧、伦理问题和经济变化等因素可能会影响其股票表现。历史趋势显示其在市场下行时的脆弱性，过去在危机期间曾出现过下跌。财务数据显示强劲的收入增长和现金生成，但高估值仍然是一个担忧。建议采取多元化投资组合以降低风险</p>

What Should Palantir Investors Worry About?

- Palantir Technologies 面临高估值和竞争加剧的风险，股价可能大幅下跌。  
- 尽管 Q3 2025 收入增长强劲，但市场对其未来增长的预期趋于保守。  
- 政府监控合同引发的伦理问题可能影响公司声誉和监管环境。  

Palantir 的投资者应该关注哪些问题？