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

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 provides its clients with an AI-powered data analytics software suite. While the ins and outs of what Palantir does are quite complicated, its platform can simply be described as data in, insights out.