Palantir Stock Could Plunge 40% Over the Next 12 Months, According to Wall Street. Are Analysts Right About This AI Stock?

Palantir Technologies (NASDAQ: PLTR) has seen a significant surge in its stock value post-election, nearly quadrupling year to date. Despite this, analysts are predicting a potential downturn, with an average price target of $39.57, over 40% below its current price.