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.

The company has witnessed more than $113 million in federal government expenditures since the new Trump administration took

Palantir (PLTR) beat estimates in Q1 again as it posted $884 million in revenue vs. $863 million expected. Adjusted EPS came in at $0.13. On top of that, the company raised its guidance figures. PLTR stock ended up reaching a new all-time high on June 2 and is continuing to climb.