PLTR Price Prediction Next Week
Based on the provided data and upcoming earnings report on February 3, 2025, here's a comprehensive analysis of PLTR's price movement for next week:
Technical Analysis
The stock is showing strong momentum with key technical indicators:
- RSI(14) at 63.91 indicates bullish momentum but approaching overbought territory
- MACD at 2.51 shows positive momentum
- Current price ($82.49) is trading above both SMA20 ($74.18) and SMA200 ($41.72), indicating a strong uptrend
- Fibonacci support levels at $71.85 and resistance at $83.52
News Sentiment Analysis
Several significant events are impacting PLTR's outlook:
DeepSeek's AI Competition: The emergence of DeepSeek's efficient AI model has raised concerns about AI spending and competition, which could affect market sentiment towards AI stocks including Palantir.
Valuation Concerns: Multiple analysts have raised concerns about PLTR's stretched valuation, trading at over 400x trailing earnings and 127x forward earnings.
Upcoming Q4 Earnings: Wall Street expects:
- EPS: $0.11 (vs $0.08 YoY)
- Revenue: $775 million (+27% YoY)
Price Prediction for Next Week
Based on technical and fundamental analysis:
Target Prices:
- Support: $80.55 (accumulated volume support)
- Resistance: $87.21 (Fibonacci R3)
- Expected trading range: $78.41 - $86.57
Scenarios:
- Bullish Case (40% probability): Strong earnings beat could push price to $87-90 range
- Base Case (45% probability): Price consolidates between $80-85 as market digests earnings
- Bearish Case (15% probability): Disappointing guidance or broader market weakness could test $75-78 support
Trading Recommendation HOLD. While PLTR maintains strong momentum, the elevated valuation and upcoming earnings create significant near-term risk. Better entry points may emerge after earnings volatility settles.
PLTR Similar Chart Price Prediction
The price of PLTR is predicted to go up 3.32%, based on the high correlation periods with TPC. The similarity of these two price pattern on the periods is 94.12%.
PLTR
TPC
Up: 3.32%Similarity: 94.12%
PLTR Revenue Forecast
PLTR EPS Forecast
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PLTR VS S&P500
Palantir has strong secular tailwinds as the AI/ML market is expected to grow rapidly due to the exponential increase in data harvested by organizations.
With products targeting both commercial and governmental clients, Palantir has a distributed top line, with noncyclical governmental revenue insulating the overall top line during lean times.
Palantir's focus on modular sales could lead to substantially more commercial clients, which the firm could subsequently upsell.
PLTR Analyst's Forecast
Mariana Perez
B of A Securities
Strong Buy
Price Target
$55 → $75
Upside
+16.01%
BofA analyst Mariana Perez Mora raised the firm's price target on Palantir to $75 from $55. Palantir has demonstrated their ability to digitize enterprises and battlespaces from finances to missile production and the firm sees Palantir as "the enabler and winner in this new era" where efficiency, innovation, safety, and speed are the most valuable assets, the analyst tells investors. Software represents 17% of U.S. nonresidential private fixed investments, notes the firm, which thinks Palantir is "poised to dominate" as companies turn to software and AI to grow margins, rather than through scale with fixed assets.
Daniel Ives
Wedbush
Buy
Price Target
$57 → $75
Upside
+16.01%
Gil Luria
DA Davidson
Hold
Price Target
$28 → $47
Upside
-8.08%