PLTR Perfect example of bullish divergence PLTR Weekly chart shows a clear example of rising rsi while price bottoms lower. Has the potential for a continuation after breakout. Longby Spiggy7251
Retracement RetracedThe retracement of the corrective risegives the chance of a renewed attempt to overcome the breaking summer high of 2021. And even if we may not succeed there is a good chance for a profit. But if we succeed the chance of a further rise will be exorbitant. Then the chart will have the V-formation confirmed which consists in the deep fall of the 4th quarter of 2021 and the following as like steep rise of this year. The potential is seen in the chart. We may almost reach the all time high then again. I don't say that this comes. Such a rise may take months and even years but the chances will be clearly on the upside then.Longby motleifaulUpdated 1
Palantir Technologies | PLTRPalantir stock is set to pop in the next year as the tech firm erects an artificial intelligence "fortress" that will help it become one of the biggest players in the AI race in the coming decade, Wedbush Securities analysts wrote on Friday. According to Wedbush's Dan Ives, Palantir is headed to $25 a share in the next 12 months. That represents a surge of 54% from Thursday's closing price of $16.15. Shares were up 5.7% at $17.07 early Friday. The data software firm, which has been funded in part by the CIA's In-Q-Tel venture capital arm, is the "Messi" of AI, Ives said, referring to Argentine soccer superstar Lionel Messi. "As we begin the 4th Industrial Revolution, Palantir is engaging in the widespread trend of various industries leveraging recent generative AI innovations to streamline operations and improve expense profiles," the Wedbush analysts wrote. Given Palantir's wide roster of partners in both the public and private spheres, Wedbush sees the next six to 12 months as a period of significant expansion for the company as it serves the growing demand for enterprise-scale large language AI models. "This is early innings on a sum-of-the-parts AI story just on the cusp on monetizing this massive green field AI opportunity," it predicted. Palantir CEO Alex Karp has been a vocal proponent of the rapid development of AI even in the face of risks associated with the technology. In an op-ed for the New York Times this week, he wrote that AI will shape political developments in this century in the same way that nuclear weapons drove geopolitics in the last century. He cautioned that there are risks, but they should not deter the continued advancement of AI. "If these technologies are to exist alongside us over the long term, it will also be essential to rapidly construct systems that allow more seamless collaboration between human operators and their algorithmic counterparts, to ensure that the machine remains subordinate to its creator," he wrote. "We must not, however, shy away from building sharp tools for fear they may be turned against us." Palantir is one of the most popular stocks, and for many, it's been a wild ride. Since the direct listing, investors have seen shares skyrocket to the high FWB:30S , crash to $5.84, and ride the AI boom back to the high teens. I invested in PLTR at the direct listing and purchased shares on the way up and as they declined in price. I was vocal about my dissatisfaction with how Alex Karp handled what has now become the infamous Q2 2022 conference call and became bullish again as PLTR turned things around. 2023 has been a strong year for PLTR as shares have increased by 182.47% YTD. Some investors have done well, while others got back to even or chipped away at the losses. Since May 5, shares have appreciated by 143.59%, appreciating from $7.41 to $18.05. Q2 2023 earnings are around the corner as PLTR is set to report post-market on August 7. Shares can continue higher into earnings and continue throughout 2023 if PLTR delivers growth across its revenue, earnings, customers, and contracts while maintaining its Q2 free cash flow (FCF) margins. In this article, I will discuss what I am looking for in the Q2 2023 earnings report and provide some insights as to what I think shares of PLTR could be worth in the future. In 2021, PLTR made 45 official announcements through its website newsroom, and in 2022, PLTR had 44 announcements. PLTR has been busy in 2023; through July 18, they have made 26 official announcements. This doesn't include any of the blog posts PLTR has written discussing the work their conducting. I continuously research these aspects as they provide insight into what will be discussed on the earnings call and in the 10-Q. In Q2 2023, PLTR posted 14 press releases and another four in July. For PLTR to continue its growth trajectory, it needs more adaptation of its products in the government space as well as the private sector. I expect PLTR to deliver strong growth numbers as there have been significant partnerships announced since April 1. On the government side, Palantir announced two deals with government entities in Ukraine, including the Prosecutor General's Office of Ukraine and the Ministry of Digital Transformation of Ukraine. PLTR announced that Ukraine would utilize its technology to support the defense and reconstruction of the country and empower Ukraine investigators with critical data processing tools regarding 78,000 registered war crimes. US Special Operations Command entered a multi-year contract worth up to $463 million to expand its enterprise capabilities. On the commercial side, PLTR expanded its cloud partnership with Microsoft (MSFT), entered into an agreement to build an integrated management flow system on top of Foundry for CA Modas S.A, and expanded its partnership with Jacobs Solutions (J). These partnerships are critical because it will allow PLTR to expand throughout several sectors through some of the largest counterparts. I expect the Jacobs and Microsoft partnerships to be extremely beneficial in the coming years as more companies look to create value by enabling AI and moving toward data-driven decisions. PLTR guided for revenue to come in at $528-$532 million in Q2 and revenue of $2.185-$2.235 billion for the full year. In Q1, PLTR delivered $525.2 million in revenue which is 24.04% of the low-end estimates and 23.5% of the high-end estimates for 2023. For PLTR to meet its 2023 full-year revenue guidance, it would need to generate an average of $553.27 million in Q2–Q4 to meet the low-end projection and an average of $569.94 to meet the high-end estimates. I expect PLTR to deliver at least $550 million in revenue for Q2 and discuss how they will increase incremental revenue throughout the year as more contracts continue to be initiated on an ongoing basis. If we see anywhere from $550-$575 million in revenue for Q2, it would be a strong indication that the high-end estimates will be met or exceeded when they report their 2023 fiscal year numbers. If PLTR records $550 million in Q2, $575 million in Q3, and $601 million in Q4, PLTR will generate $2.25 billion in annual revenue for 2023. This would be an average QoQ revenue increase of 4.6% over the next three quarters. I think it will be a strong signal coming off the AIP conference if PLTR is on track to beat the high-end estimates, as that would mean PLTR will be moving into the $600 million quarterly revenue bracket sometime in 2023 and inching their way closer to generating over $1 billion in revenue on a quarterly basis. PLTR has now strung together two consecutive quarters of GAAP profitability and is projecting its adjusted income from operations coming in at $118-$122 million in 2023 and between $506-$556 million for their fiscal year. In Q1 2023, PLTR generated $125.11 million in adjusted income from operations, which is 24.73% of the low-end projection and 22.50% of the high-end estimate. This would mean that PLTR would need to increase its adjusted income throughout the year to meet its annualized projections. I dislike adjusted numbers and prefer free cash flow (FCF) as it's harder to distort than other profitability measures. In Q1, PLTR generated $188.9 million in adjusted FCF, which is a 36% margin. PLTR's true FCF number was $182.6 million, as they generated $187.4 million in cash from operations and allocated $4.8 million toward CapEx. This places PLTR's FCF margin at 34.77%, which is the largest margin they have operated at since becoming a publicly traded company. I have previously indicated that I believe PLTR can replicate similar growth to Salesforce (CRM). CRM currently has a market cap of $223.51 billion and, in the TTM, has generated $32.19 billion of revenue and $7.06 billion in FCF. Mr. Market is valuing CRM at a 6.94x multiple on sales, and 31.64x FCF. CRM has seen explosive growth over the last decade as its grown its revenue by 690.67% and its FCF by 1,125.54%. Including the TTM, CRM has operated at a 20.57% FCF margin over the previous five years.If PLTR finishes on the high-end of their revenue estimates for 2023 they would deliver $2.25 billion in revenue. PLTR's previous projections placed their 2025 revenue at $4 billion or more and I don't recall seeing updated estimates. If PLTR comes in on the high end of the 2023 projections and generates $2.25 billion, its YoY revenue growth would have decelerated from 41.11% in 2021 to 23.61% in 2022 and 18.12% in 2023. Hypothetically, if PLTR can grow its revenue at a 15% YoY basis over the next decade from 2024–2033, it would generate $2.98 billion in revenue for 2025 and $9.12 billion in 2033. At a 33% FCF margin in 2033, PLTR would generate $3 billion in FCF. At a 32x multiple on FCF, PLTR would be valued at $96.17 billion. If PLTR can maintain an 18% YoY revenue growth rate and maintain a 33% FCF margin, PLTR will generate $11.78 billion in revenue and $3.89 billion in FCF in 2033. At a 32x FCF multiple, PLTR would be valued at $124.42 billion. If PLTR was to grow at a quicker pace of 21% YoY on average, they would generate $15.15 billion in revenue and $5 billion in FCF in 2033. Assigning a 32x multiple on their FCF would place PLTR at a $159.93 billion valuation. Based on these assumptions, PLTR could grow between 151.49%-318.23% over the next decade, which would be an annualized return of 15.15%-31.82%. These are just assumptions regarding what could occur and why I feel PLTR could be a good long-term investment. For those who think a 32x multiple on FCF is a crazy valuation, I am going to place a table below. Based on the current market caps, big tech has multiples from 31.29x to 221.31x. Putting the outliers aside, it's not uncommon to see companies trade in the 40x range. Even companies such as the Coca-Cola Company (KO) trade at a 29.90x multiple and PepsiCo (PEP) trade at a 45.41x multiple on FCF. Longby moonyptoUpdated 4414
Pltr levelsLots of old levels. Need to make new ones. Nothing much going on for a few weeksby mattertea0
PLTR: Potential Long PositonNYSE:PLTR In the chart we can see that the price may start an uptrend. The price may hit the target price. Longby ustrader260
PLTR and this plan!Palantir Technologies Inc. (ticker symbol: PLTR) is a company that has garnered significant interest from investors. This is due to its strong capabilities in data analytics, particularly in handling big data and providing sophisticated data analysis solutions. Overview of Palantir Technologies (PLTR) Founded: 2003 Headquarters: Denver, Colorado, USA Key Products: Palantir Gotham, Palantir Foundry Primary Market: Government agencies, large enterprises Core Focus: Data integration, big data analytics, and artificial intelligence (AI) Key Features and Strengths Data Integration and Analysis: Palantir's platforms are designed to integrate, manage, and analyze large and complex datasets from disparate sources. This capability is crucial for organizations that need to make data-driven decisions quickly and effectively. Government Contracts: Palantir has a significant presence in the government sector, with clients including the U.S. Department of Defense and various intelligence agencies. These contracts provide a stable and substantial revenue stream for the company. Commercial Expansion: Beyond government contracts, Palantir has been expanding its services to commercial enterprises, providing tools to industries such as healthcare, finance, and manufacturing. Proprietary Platforms: Palantir Gotham: Primarily used by government agencies for counter-terrorism and defense operations. Palantir Foundry: Used by commercial clients for data integration and business analytics.Longby RizzardFx0
PalentirHi I think is possible buy Palentir, it's a little early but if broke line tendencial is posible a make a Pullback and I add more positionsLongby fersanmito0
PLTR needs 1 or 2 more bounces before breaking out of wedgePLTR Huge wedge forming in PLTR's chart, but it looks like we're going to need one or two more bounces off the bottom of the wedge before we get the huge breakout.Longby rhaphazardUpdated 1
@PLTR - cup and handle on Weekly chartSeeing a Cup & Handle on weekly on PLTR . should spike soon. Cheers. Longby wiseinvertor1288Updated 229
PLTR ???? Is it worth considering!### Fundamental Analysis of Palantir Technologies (PLTR) Palantir Technologies Inc. is a software company specializing in data analytics, with significant exposure to both government and commercial sectors. Its recent financial performance and future prospects highlight several key aspects: 1. **Revenue and Earnings Growth**: Palantir reported robust revenue growth, with a 20% increase year-over-year for the latest quarter, reaching $608 million. This was driven by a 32% rise in commercial revenue, although government revenue growth was more modest at 11%. The company also achieved GAAP profitability, with earnings of $0.08 per share, doubling from the previous year. 2. **2024 Guidance**: Palantir has provided strong guidance for 2024, expecting revenues between $2.652 billion and $2.668 billion, surpassing analyst expectations. This optimism is largely attributed to the company's advancements in artificial intelligence and increased commercial sector engagement. 3. **AI and Innovation**: Palantir's AI initiatives are a significant growth driver. The company's new Artificial Intelligence Platform and AI "boot camps" have been pivotal in expanding its market presence and customer base across various industries, including defense, healthcare, and finance. ### Technical Analysis of Palantir Technologies (PLTR) From a technical perspective, Palantir has demonstrated notable volatility but shows potential for growth: 1. **Stock Performance**: As of the latest data, Palantir's stock is priced at around $21.01. The stock experienced a substantial increase of 30.8% in a single day following the release of its strong 2024 guidance. However, analysts have mixed views on its future performance, with price targets ranging from $7.50 to $35.00. 2. **Analyst Ratings**: The consensus among analysts is to hold the stock. While some see significant upside potential, others caution against high valuation risks. The average price target over the next 12 months is $19.89, indicating a potential downside from the current price. 3. **Market Trends**: Palantir's stock is influenced by broader market trends, particularly in the tech and AI sectors. Its recent strong performance has been buoyed by increased spending on AI and data analytics solutions, positioning it well for future growth. ### Conclusion Palantir Technologies shows promise with its strong revenue growth and profitability, driven by its innovative AI solutions and expanding commercial sector engagement. However, the stock remains volatile, and analysts are cautious about its high valuation. Investors should weigh the company's potential for long-term growth against the inherent risks and market conditions.Longby DrSaud12
PLTR: Buy ideaOn PLTR as you see on the chart we could have a hight probability to have an uptrend if only if we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume! Thanks!Longby PAZINI1913
PLTR Running Outta SteamPLTR seems to be running out of steam. The RSI is in the 43 area and seems to be slowing to the oversold area. VWAP is at 15.28 area and there is a nice gap to fill to the down side. Let's see if it can hold below the 21.15 range to reach the levels below back toward the VWAP range. Shortby GlennTrading0
PLTRHere is a chart of PLTR. This seems to be a great channel stock. If it drops below 20 then be cautious, however i don't think it will. It seems to be wanting to move higherby Junoon1230
SHORT IRON CONDOR TRADE, expiration PRIOR to earnings on 8/5SHORT IRON CONDOR TRADE Expy before earnings on 8/5. Buy PLTR $25 Call 7/19 Sell PLTR $24 Call 7/19 --{current share price: $21.12}-- Sell PLTR $18 Put 7/19 Buy PLTR $17 Put 7/19 CREDIT: ~$30 RISK: ~$70 RISK:REWARD: 2.3:1 Short strikes allow for 14% up and downby zach66670
PLTR: Bears will take control of PLTR if it moves below $20.3PLTR: Bears will take control of PLTR if it moves below $20.3 It seems that the peak for PLTR was already reached at 27.5. The price has been in free fall since the beginning of March 2024 and is not finding the strength to move above the previous peak. Accumulation is big in time and a move below 20.3 will push the price further. We may see PLTR 14 testing again in the coming weeks. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Shortby KlejdiCuni9
PLTR: Potential Giant H&SIt's not quite there, but it's certainly on track... don't take this as a prediction of the future because well that's impossible. Lot's will need to line up for this to occur but so far so good. Retailers selling off, institutions are buying, and the company is growing 20% YoY. If growth improves near the 14-15 dollar levels, we could see a very bullish reversal. If we get down to the 15's, I think it would be a blessing. Best of luck y'all. This isn't trading advise. Make your own decisions. This is just some fun technical analysis.Longby HassiOnTheMoon1
PLTR Long-Term BullishExpecting price to retrace to the $17 zone to complete the right bottom shoulder. The corporate and governmental entities involved appear to have this company well-grounded for success. But DYOR and invest only when that $17 range is confirmed with your favorite indicators, key moving averages, etc.Longby kerdirksUpdated 112
PLTR - Time To ShortPLTR I've decided to go short right here. Its currently within a reverse extension 1.618 Golden Window from the first wave up. And that is within the retracement Golden Window. The current wave up has breached into higher liquidity above the upper ascending wedge trendline. So as we looked at before, if it tops here it can be a head & shoulders pattern or a Wyckoff Distribution schematic 2 - depending on your preferred school. It could yet go on to make a higher high if indexes hold up so I won't throw the sink at it here but this is a good first entry I think 👍Shortby dRends35Updated 3340
Hedge $PLTR... but WHY?!PLTR 5/24 Hedge Trade NYSE:PLTR reported earnings pre-market on 5/7. After exceeding expectations, NYSE:PLTR has been range bound. An option trader most likely a hedge fund or some kind of firm created a significant wall due to purchasing too many contracts valuing over $106.7K. This may seem like a low amount especially for options but for NYSE:PLTR this is too much. I will be looking to play the hedge (bet against) the original trade and grab ITM Puts for 5/24. Only if we lose momentum top the upsideby OakFDomUpdated 3
Potential wedge breakout Hopefully a larger move one way or the other very soon. Maybe a cataylstby SpaceXJack5
Palantir (PLTR) Set for a Massive Move: Why You Need to Act Now!Price Action & Ichimoku Cloud: PLTR is trading at $21.76, showing a slight increase in pre-market action. The price is interacting with the Ichimoku cloud, indicating potential support and resistance levels. The Ichimoku cloud's leading span A (22.22) and leading span B (23.92) are critical resistance zones. The price is currently below the baseline (22.84), which is a bearish signal. Relative Strength Index (RSI): The RSI stands at 48.14, indicating a neutral momentum. It’s neither in overbought (above 70) nor oversold (below 30) territory. However, a level below 50 leans slightly towards bearish sentiment. Moving Averages: Short-term moving averages (10-day EMA: 21.68, 10-day SMA: 21.74) indicate immediate resistance, while the longer-term 200-day EMA (19.37) and 200-day SMA (19.12) suggest strong support. The interplay between these averages shows a mixed sentiment but with potential for bullish momentum if the price holds above the 50-day EMA (22.15) and SMA (22.79). Oscillators & Momentum Indicators: MACD: The MACD level (-0.29) and Momentum (10) at -1.57 indicate a bearish trend. Both suggest the price might face downward pressure in the near term. Stochastic Oscillator: The Stochastic %K at 24.58 and Stochastic RSI Fast at 25.03 are in neutral zones, implying no clear momentum direction. Volume: The current volume of 30.03M is lower than the average volume (45.86M), indicating lower trading activity. This could signal a lack of strong buying or selling interest at the current price levels. Pivots & Support/Resistance Levels: Pivot Point (P): 22.13 Support Levels: S1: 20.17, S2: 18.36, S3: 14.59 Resistance Levels: R1: 23.94, R2: 25.90, R3: 29.67 Price Prediction & Trading Strategy: Given the current technical setup, PLTR appears to be in a consolidation phase with potential for both upward and downward movements depending on market sentiment and news. The key levels to watch are the resistance at $22.13 (pivot point) and support at $20.17 (S1). Long Position: Entry Point: Above $22.22 (above the cloud leading span A) Target: $23.94 (R1), with an extended target at $25.90 (R2) Stop Loss: $20.69 (below S1) Short Position: Entry Point: Below $20.69 (below S1) Target: $18.36 (S2), with an extended target at $14.59 (S3) Stop Loss: $22.13 (pivot point) Speculative Price Target: Bullish Scenario: If the price breaks above $22.22 and sustains, the next target is $23.94, with potential to reach $25.90 if bullish momentum continues. A breakout above these levels could see the price testing $29.67. Bearish Scenario: If the price falls below $20.69, the next target is $18.36, with potential to drop to $14.59 if bearish pressure persists. Recommendation: Based on the current analysis, it is advisable to wait for a clear breakout above $22.22 or a breakdown below $20.69 to confirm the next directional move. Traders should monitor volume and news for further confirmation. The mixed signals suggest a cautious approach, with tight stop losses to manage risk. Summary: Current Sentiment: Neutral with a slight bearish tilt. Immediate Resistance: $22.13 (pivot point) Immediate Support: $20.17 (S1) Trading Recommendation: Await breakout above $22.22 for long or breakdown below $20.69 for short. Use tight stop losses to manage risk effectively.by AxiomEx11
PLTR: Still looking for a lowPLTR stock price stabilized last week. The price action is looking like some kind of a bear flag. From EW perspective, getting another low to hit $19 would make a lot of sense. However, the price is very close to break out of $22.47, which might call for some kind of a messed up ending diagonal end and some messed up leading diagonal start, or need more time to see if the correction is taking some other shape. If price does break below, then $19- $18.5 support should be a buy for at least a decent bounce.by mukit12