Palantir Technologies Inc. (PLTR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

After surging more than 300% in 2024, Palantir (PLTR) stock has recently been quite volatile. Valued at a market capitalization of $280 billion, PLTR stock trades just 8% below its all-time highs, as investors remain concerned over its lofty multiples.

After reporting Q1 earnings on May 5, shares of Palantir Technologies (NASDAQ:PLTR) sold-off despite beating Wall Street’s estimates on the top and bottom lines and raising its full-year forecast. But on Thursday,