Palantir emerged as one of the best pure-play AI investments in 2024. The stock had a phenomenal year, rising 340%. However, 2025 hasn't been so kind to Palantir stock, which has plummeted 16% to start the year.

While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market frenzy surrounding artificial

PLTR stock jumped 340% in 2024 with much of the gain coming after Trump's election win amid views government AI automation will rise.

Both Palantir and SoundHound AI boast strong sales and healthy financials that have contributed to their triple-digit percentage share price gains over the past year. Palantir's revenue grew by 30% year over year in the third quarter,

Palantir stock may face more downside in 2025 amid multiple compression risks, Jefferies analysts said Monday. The company’s shares have declined by 15% year-to-date (YTD), yet the stock still trades at 46 times enterprise value