Palantir Technologies (NASDAQ: PLTR) has emerged as a leading artificial intelligence company, offering AI data analytics to the U.S. government and businesses. And the company is growing quickly, with sales rising 39% to $884 million and adjusted earnings increasing 63% to $0.13 per share in the first quarter.

Palantir (NASDAQ: PLTR) has been proving naysayers wrong time and time again, and it currently trades at $132 after rising 519.2% in the past year. The fundamentals and growth ehre are definitely solid, but most analysts agree that it is not as solid to sustain PLTR ’s current valuation.

Palantir Technologies Inc. (PLTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.