According to CoinMeta, Palantir Technologies (Nasdaq: PLTR) has seen a 0.5% decline in its stock price so far in 2026, performing worse than the Nasdaq Composite Index, which has risen by about 14.4%. Nevertheless, Palantir has achieved a 93% year-over-year increase in revenue on its artificial intelligence platform, with U.S. commercial revenue growing by 149% and government revenue increasing by 90% in the second quarter. The company has generated over $3 billion in net revenue over the past year, with total revenues amounting to approximately $6.2 billion. Palantir currently has a market value of around $412 billion, and it is expected that its revenue will exceed $17 billion by 2029. Investors considering purchasing Palantir stocks should be aware of the valuation risks involved.