Among the 23 analysts who follow Palantir, the median target price of $39 per share implies 62% downside from the current price of $102. Brent Thill at Jefferies is particularly bearish. He has a sell rating, and his target price of $28 implies 73% downside.

Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.

Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the highest proportion of sales in China.