$Palantir Tech(PLTR.US)

Palantir (PLTR): Pullback Creates Opportunity, But Patience Is Key

Palantir’s sharp 2026 correction reflects a reset in valuation rather than a deterioration in fundamentals. The stock has fallen more than 30% in June and nearly 50% from its 2025 peak as investors rotate from AI software into AI hardware, while premium valuations continue to compress. Technical indicators remain weak, suggesting the selling pressure may not be over. (MarketWatch⁠)

Fundamentally, the business remains robust. Management recently raised FY2026 revenue guidance to approximately US$7.66 billion (~71% YoY growth) and expects US$3.9–4.1 billion in adjusted free cash flow. Government demand remains resilient while commercial AI adoption continues to expand. (Investing.com UK⁠)

For investors assigned through cash-secured puts or covered calls, this is a position to manage, not panic over. Long-term holders should consider averaging in gradually rather than deploying all capital at once. Options sellers can continue writing covered calls above cost basis or sell additional cash-secured puts only if comfortable owning more shares at lower prices. Avoid excessive leverage until the stock reclaims key moving averages and institutional buying returns. Near-term volatility is likely to persist, but Palantir’s AI platform and government moat continue to support a constructive 3–5 year investment thesis. (investors.com⁠)