Considering all of this, will Palantir soar after Feb. 3? As I mentioned earlier, some investors say Palantir is expensive, trading at 166x forward earnings estimates. But the company's forward PEG ratio of 0.3 -- below the level of 1 that indicates a stock is overvalued -- suggests the stock still makes a reasonable buy.

Palantir (NASDAQ:PLTR) had a topsy-turvy week, yet its upward trajectory remained largely unaffected by the AI chatter surrounding DeepSeek.

Palantir Technologies (PLTR) remains one of the most compelling tech stocks today. As an artificial intelligence (AI) powerhouse, the company is recognized for its expertise in big data analytics and securing government contracts.

Palantir Technologies (NASDAQ: PLTR) was one of the hottest stocks of 2024, rising by a staggering 340%. A $15,000 investment in the data analytics stock at the start of the year would have been worth more than $66,