Palantir (#PALANTIR)

Palantir (#PALANTIR) weekly special report based on 1.00 Lot Calculation:

THE COMPANY:

• Palantir Technologies is a software company, specializing in big data analytics and artificial intelligence. It primarily offers its platforms, Palantir Gotham and Palantir Foundry, to government agencies, defense sectors, and large enterprises for tasks like intelligence analysis, risk assessment, and operational decision-making.
• PALANTIR JOINED THE S&P 500 INDEX (USA500): Palantir joined the S&P 500 index on September 23, 2024. The inclusion enables mutual funds and institutional investors to buy PALANTIR stock.
• PALANTIR JOINED THE NASDAQ 100 INDEX (USA100): Palantir joined the Nasdaq 100 index on December 23, 2024.

EVENTS:

• EVENT (MONDAY, FEBRUARY 3, AFTERMARKET): Q4 EARNINGS REPORT TO SHOW NEW QUARTERLY RECORD REVENUE AND EARNINGS DATA. The company is expected to print $776.8 million in revenue (a new record high), up 7.1% from Q3’s $725.5 million, and up around 28% from the same period last year ($608.4 million). Palantir is expected to print $277 million in net income (a new record high), up around 87% from Q3’s $148.2 million and up around 193% from the same period last year ($94.5 million) (Source: Bloomberg)
• STATISTICS (LAST 8 QUARTERS): HISTORICAL PERFORMANCE SHOWS THAT PALANTIR TENDS TO BEAT ANALYSTS’ EXPECTATIONS. Palantir has beaten revenue estimates 8 times over the past 8 quarters, and it has managed to beat Earnings Per Share (EPS) estimates 8 times over the past 8 quarters.

Data Source: Bloomberg

Please note that past performance does not guarantee future results

NEWS:

• (JANUARY 21): US PRESIDENT DONALD TRUMP PRESENTED THE “STARGATE”, A $500 BILLION A.I. INVESTMENT THAT TEAMS UP ORACLE, OPENAI AND SOFTBANK. Three top tech firms announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. Donald Trump called it the “largest AI infrastructure project in history.” The companies will invest $100 billion in the project to start, with plans to pour up to $500 billion into Stargate in the coming years. Stargate will build “the physical and virtual infrastructure to power the next generation of AI,” including data centers around the country. Stargate should benefit Palantir on the government vertical as more focus within the Beltway heads down the strategic AI infrastructure build-out stage.

• US GOVERNMENT IS PALANTIR`S LARGEST CLIENT: Palantir gets nearly 60% of its revenue from government agencies. In December, the federal government gave Palantir a higher rating for secure cloud computing services. And Palantir announced a partnership with Booz Allen Hamilton (BAH), a competitor in some government and defense services. Also, Palantir announced that the Department of Defense Chief Digital and Artificial Intelligence Office (CDAO) awarded a contract that could be worth $480 million over a 5-year period.

PRICE ACTION:

• PALANTIR STOCK HIT A NEW ALL-TIME HIGH IN LATE 2024: Palantir hit an all-time high of $84.72 (December 24, 2024). The stock currently trades around $74 and if a full recovery to its recent all-time highs takes place, then it could offer an upside of around 14.5%. However, the stock can decline as well.
• 2024 STOCK PERFORMANCE: +343%. Palantir stock rose by 343% in 2024, from $17.06 to $75.60 a share.
• ANALYSTS OPINIONS: Wedbush forecasts $90.

#PALANTIR, January 27, 2025
Current Price: 74

Example of calculation based on weekly trend direction for 1 Lot¹

1. 1.00 lot is equivalent of 5000 units

2. Calculations for exchange rate used as of 12:30 (GMT) 27/01/2025

There is a possibility to use Stop-Loss and Take-Profit.

• You may wish to consider closing your position in profit, even if it is lower than suggested one.
• Trailing stop technique could protect the profit.