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.

Shares of Palantir Technologies (NASDAQ:PLTR) slipped 0.34% over the past five trading sessions. That followed a sell-off after the company reported Q1 earnings on May 5. Still, the stock is up 8.90% over the past month and has gained more than 66% year-to-date.

Palantir (NASDAQ: PLTR) has rapidly become one of the most popular artificial intelligence (AI) stocks in the market. Few stocks will ever match that sort of jaw-dropping performance, but now, many investors are wondering if it's too late to buy Palantir.