Palantir Technologies Inc ($PLTR) Stock Forecast: Down 18.2% Today

What is Palantir Technologies Inc?

Palantir Technologies Inc. (PLTR) is a data analytics and software company that helps organizations make sense of their data. The stock is listed on the NASDAQ exchange.

Why is Palantir Technologies Inc going down?

PLTR stock is down 18.2% on Feb 20, 2025 17:36

• PLTR stock experienced a strong bearish movement today.
• The news of potential Pentagon budget cuts and CEO Alex Karp's stock trading plan triggered a plunge of over 10% in PLTR's stock.
• Despite Wedbush analyst Dan Ives arguing that spending cuts could be positive for Palantir, the market sentiment seems to have been impacted negatively.
• Additionally, the adoption of a bearish approach by deep-pocketed investors towards PLTR in the options market might have further contributed to the downward pressure on the stock.

PLTR Price Chart

PLTR Technical Analysis

PLTR News

Are Business Services Stocks Lagging AppLovin ( APP ) This Year?

Here is how AppLovin (APP) and Palantir Technologies Inc. (PLTR) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2418647/are-business-services-stocks-lagging-applovin-app-this-year

What's Going On With Palantir Stock Thursday? - Palantir Technologies ( NASDAQ:PLTR )

Palantir shares fall after the Trump administration told senior officials at the Pentagon to prepare for sweeping budget cuts. Wedbush analyst Dan Ives argues that spending cuts are actually positive for Palantir.

https://www.benzinga.com/25/02/43849289/whats-going-on-with-palantir-stock-thursday

Dan Ives Says Pentagon Budget Cuts Are Positive For Palantir As PLTR Plunges Over 10%: 'Bears Trying To Poke Holes Yet Again' - Advance Auto Parts ( NYSE:AAP ) , NVIDIA ( NASDAQ:NVDA )

The possibility of Pentagon budget cuts along with CEO Alex Karp's stock trading plan triggered a plunge of over 10% in Palantir Technologies Inc. PLTR's stock on Wednesday, with Wedbush analyst Dan Ives drawing a comparison of this event to the impact of DeepSeek on Nvidia Corporation NVDA.

https://www.benzinga.com/general/market-summary/25/02/43842413/pentagon-worry-for-palantir-pips-deepseek-concerns-for-nvidia-dan-ives-equates-incident-as

Palantir Strikes AI Deal With SAUR For Contract Management: Details - Palantir Technologies ( NASDAQ:PLTR )

Palantir partners with SAUR Group to enhance contract management using AI-powered Foundry and AIP. The collaboration aims to improve efficiency, compliance tracking, and operational agility in water management.

https://www.benzinga.com/25/02/43815970/ai-meets-water-palantir-partners-with-saur-for-smarter-contract-management

Behind the Scenes of Palantir Technologies's Latest Options Trends - Palantir Technologies ( NASDAQ:PLTR )

Deep-pocketed investors have adopted a bearish approach towards Palantir Technologies PLTR, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/02/43790831/behind-the-scenes-of-palantir-technologiess-latest-options-trends

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Palantir Technologies Inc Price History

04.01.2025 - PLTR Stock was up 23.4%

• Palantir's Q4 earnings and revenue surpassed analyst expectations, leading to a surge in investor confidence and driving the stock price higher.
• The company's strong performance in Q4, with revenue of $827.5M and EPS of 14 cents, showcased its growth potential in the AI sector, attracting more investors to the stock.
• CEO Alex Karp's optimistic outlook on the future of the company and the industry as a whole further fueled investor enthusiasm, contributing to the bullish momentum in PLTR stock.
• The consecutive beats on earnings and revenue for the sixth quarter in a row demonstrate Palantir's consistent growth trajectory, reinforcing investor belief in the company's long-term prospects.

04.01.2025 - PLTR Stock was up 24.1%

• Palantir's strong Q4 performance, with revenue and EPS surpassing consensus estimates, contributed to the bullish movement.
• The bullish stance taken by investors in the options market also indicates positive sentiment towards the company's future prospects.
• Analysts upgrading their ratings and positive earnings surprises further boosted investor confidence in Palantir, leading to the bullish market movement.
• Overall, the combination of strong financial performance, positive analyst outlook, and investor sentiment propelled PLTR's stock price higher today.

04.01.2025 - PLTR Stock was up 31.7%

• PLTR experienced a notable bullish movement today.
• This upsurge is linked to the company surpassing Q4 earnings and revenue expectations, indicating positive growth.
• Both analysts and investors hold positive views on PLTR's performance, as it has consistently outperformed expectations in recent quarters.
• CEO Alex Karp's remarks about the early phase of a data analytics revolution likely bolstered investor trust in the company's future prospects.

20.01.2025 - PLTR Stock was down 14.6%

• The plunge of over 10% in PLTR's stock price is possibly linked to Pentagon budget concerns and the stock trading plan of CEO Alex Karp, causing unease among investors.
• The adoption of bearish options by wealthy investors towards PLTR has also contributed to negative sentiment towards the stock.
• Despite the recent bearish performance, a partnership with SAUR Group for AI-powered contract management suggests that Palantir is actively pursuing growth opportunities and diversification.
• The positive price movement over the past month and year indicates that while today's bearish trend may be a temporary setback, PLTR's overall trajectory has been positive, reflecting investor confidence in the company's long-term prospects.

05.01.2025 - PLTR Stock was down 5.0%

• Despite strong Q4 earnings and a positive outlook, Palantir's stock faced significant downward movement.
• Martin Shkreli's remarks defending Palantir's valuation and anticipated cash flow growth did not influence investors, as the stock dropped in value.
• The sale of $7M in Palantir stock by Ark Invest, managed by Cathie Wood, during a rally could have played a role in the stock's decline.
• The uncertainty surrounding the optimal timing to purchase Palantir stock post an exceptional quarter might have further pushed the stock's price downwards.

06.01.2025 - PLTR Stock was up 6.5%

• PLTR stock experienced a strong bullish movement today.
• The addition of Elon Musk's AI chatbot Grok to Palantir's AIP likely contributed to the positive sentiment surrounding the stock.
• Palantir's solid Q4 earnings report and optimistic comments from CEO Alex Karp regarding Elon Musk's DOGE initiative also fueled investor confidence in the company's future growth prospects.
• Despite questions about the stock's forward viability and market cap comparisons to industry giants like IBM and Cisco, the recent developments seem to have overshadowed any concerns for now.

06.01.2025 - PLTR Stock was up 5.3%

• Palantir's disclosure of its extraordinary earnings results sparked intrigue among investors, leading to a surge in the stock price.
• The company's solid Q4 earnings performance and optimistic outlook on its DeepSeek platform contributed to the bullish momentum.
• Positive comments from Palantir's CEO, Alex Karp, regarding Elon Musk's DOGE initiative also added to the excitement surrounding the stock.
• "Pharma Bro" Martin Shkreli defending Palantir's valuation amid its surge further boosted investor confidence in the company's future prospects, driving the stock price higher.

03.01.2025 - PLTR Stock was up 5.0%

• PLTR stock saw a surge in value as investors anticipated the release of the company's fourth-quarter financial results, expecting strong performance in earnings per share and revenue.
• There was a heightened level of optimistic trading activity in the options market related to Palantir, reflecting positive investor sentiment and significant investment.
• Conversely, Ark Invest, managed by Cathie Wood, divested over $10 million in PLTR stock, which could be linked to growing competition in the AI sector, causing some concern among investors.
• The bullish movement in PLTR today is likely driven by expectations of favorable earnings outcomes and confidence in the company's customer base expansion during the fourth quarter.

20.01.2025 - PLTR Stock was down 18.2%

• PLTR stock experienced a strong bearish movement today.
• The news of potential Pentagon budget cuts and CEO Alex Karp's stock trading plan triggered a plunge of over 10% in PLTR's stock.
• Despite Wedbush analyst Dan Ives arguing that spending cuts could be positive for Palantir, the market sentiment seems to have been impacted negatively.
• Additionally, the adoption of a bearish approach by deep-pocketed investors towards PLTR in the options market might have further contributed to the downward pressure on the stock.

11.01.2025 - PLTR Stock was up 5.8%

• Amid the sale of $16 million of Palantir stock by a prominent investor after reaching record highs, there was sustained investor confidence in the company's future potential.
• The integration of Elon Musk's AI chatbot Grok into Palantir's AIP generated increased interest and optimism among investors, contributing to the positive market trend.
• Analysts raising price forecasts for Palantir post its impressive financial performance attracted more investors, propelling the stock price upwards.
• The discussion surrounding Palantir's future prospects in Direxion's bull and bear ETFs added excitement, without overshadowing the overall positive market sentiment towards the company.

10.01.2025 - PLTR Stock was up 5.1%

• Palantir's surge in stock price can be attributed to its strong Q4 results, with a 34.38% increase, leading to analysts boosting price forecasts.
• The addition of Elon Musk's AI chatbot, Grok, to Palantir's AIP platform could have sparked investor interest and confidence in the company's technological advancements.
• The ongoing debate about the future prospects of PLTR stock, as seen in Direxion's bull and bear ETFs, might have created volatility but ultimately contributed to the bullish momentum as investors showed confidence in the company's growth trajectory.
• Despite the rapid growth and market cap nearing that of established tech giants like IBM and Cisco, the question remains whether it is too late to buy Palantir stock, hinting at potential investor FOMO driving the bullish movement.

19.01.2025 - PLTR Stock was down 6.5%

• A recent collaboration between Palantir Technologies and SAUR Group aimed at leveraging AI technology for contract management was announced. Despite this development, the stock trended bearishly, suggesting a mixed market reaction to the partnership.
• Public options data revealed a bearish stance taken by significant investors towards Palantir Technologies. This negative sentiment may have influenced the stock's downward trajectory.
• Citadel Advisors LLC, managed by billionaire investor Ken Griffin, realized a 77% return on its Palantir stake despite reducing it. This contrasting information could have contributed to the ambiguity surrounding the stock and its bearish performance.
• Palantir's CEO, Alex Karp, emphasized the superiority of Western software and the company's growth in the AI sector, leading to a notable increase in the stock price. However, today's bearish movement might signify investors capitalizing on profits following the stock's significant value surge in the past year.