PLTR stock is close to fair value as Palantir is projecting good sales, earnings, and FCF growth Palantir Technologies(NYSE:PLTR) has taken a huge hit. This is mainly based on a re-rating of its valuation in the past six months. But the company’s latest earnings, which show powerful free cash flow (FCF) growth, could help investors push PLTR stock higher. Source: Ascannio / Shutterstock.com Since Sep. 23, when Palantir peaked at $28.77, it had drifted down to $10.43 on Feb. 23. However, by Feb. 25, PLTR stock moved back up to $11.47.This means Palantir stock has lost 60% of its value from the peak price. Moreover, year-to-date in 2022, PLTR stock is down 37% from $18.21 where it closed on Dec. 31. Clearly, the market has been punishing Palantir. It is almost as if the company is slated to