What did Jim Cramer say about Palantir?

Jim Cramer expressed disappointment in the stock's performance, saying it lacked the expected mojo.

Did Cramer recommend buying or selling the stock?

Cramer did not give an explicit buy or sell recommendation; he only expressed disappointment.

What factors affect Palantir's stock performance?

Factors include increasing competition in data analytics, high valuation, and AI industry developments.

Jim Cramer Disappointed in Palantir's Lack of Mojo

Financial commentator Jim Cramer voiced disappointment in Palantir Technologies (PLTR) stock, which has fallen 23% year-to-date and 8% over the past year. The remarks came during a discussion on cheap tech stocks.

June 23, 2026

2 min read

Source: Insider Monkey

Key Numbers

ytd loss

23%

one year change

-8%

Financial commentator Jim Cramer expressed disappointment in Palantir Technologies (NASDAQ:PLTR) during a recent episode of "Mad Money." The stock, which has declined 23% year-to-date and 8% over the past year, has failed to show the "mojo" Cramer expected.

Details of Cramer's Comments

Cramer's remarks were part of a broader discussion on cheap stocks in the technology sector. He noted that Palantir, despite being a leading data analytics firm, has not delivered the market performance he anticipated.

Stock Performance

Palantir shares have faced persistent selling pressure, losing over a fifth of their value since the start of the year. This decline comes despite positive long-term outlooks for the data analytics and AI sectors.

Broader Context

Palantir faces increasing competition in the data analytics space, along with challenges related to its relatively high valuation compared to earnings. Some analysts see the stock as undervalued, while others warn of continued headwinds.

What It Means for Investors

Cramer's comments reflect a cautious sentiment around Palantir. Investors should monitor quarterly results and AI industry developments to assess recovery prospects.

Frequently Asked Questions

Palantir (PLTR) stock has lost approximately 23% year-to-date as of the article's date.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.