All rights reserved. I would, however, monitor the company for a few more quarters to get a sense of the progress in its commercial business efforts. That’s, in part, thanks to the pandemic-driven surge in the demand for AI-supported healthcare data analytics. Support: $25.17. 1125 N. Charles St, Baltimore, MD 21201. This is more than enough evidence that this is a growth stock ready to run. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTR, but not buy … We hold an negative evaluation for this stock. What Did the Stock Market Do Today? If the lower trend floor at $25.53 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Year-to-date, shares of Palantir are up by roughly 37%. It’s more difficult to put a timeline on it. A break-up above any of these levels will issue buy signals. On February 17, 2021 "Royal Bank of Canada" gave "Positive - Sector Perform" rating for PLTR. With the Lucid Motors Merger Confirmed, CCIV Stock Is Your 10X Opportunity, Workhorse May Have a Texas-Sized ‘Bitcoin Problem’, Buy the Dip in NIO Stock Before It Races to $100, CCIV Stock: 10 Things You Need to Know About the Lucid Motors SPAC Merger, 8 Sleeper Stocks That Could Take Off Soon. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). If this is broken, then the next support from accumulated volume will be at $23.82 and $22.51. Macroaxis provides Palantir Technologies buy-hold-or-sell … COVID-19 has helped the company diversify its government customer base. The predicted opening price is based on yesterday's movements between high, low, and the closing price. liable for your own investment decisions and agree to And it appears that the only justification for Palantir’s lofty valuation is the potential growth from its commercial business. For the third quarter of 2020, the company reported a $163 million (representing a 68% year-over-year growth) revenue from government customers. The company went public via a direct listing on Sept. 30. Therefore, we hold a negative evaluation of this stock. All rights reserved. One problem, however, is that it’s too early to say just how successful the commercial push would be. Nasdaq Get the latest Palantir Technologies Inc. PLTR detailed stock quotes, stock data, Real-Time ECN, charts, stats and … Once the NASDAQ has a reversal around 13,100 points PLTR should be ripe for Buying at $25-$27.50, then a bullish candlestick pattern should commence. Are you looking to invest in big data analytics? For the active traders, PLTR stock is a buy on every significant dip. 1125 N. Charles St, Baltimore, MD 21201. Palantir shares benefit from a strong Goldman Sachs upgrade. Buy Palantir (PLTR) Learn more Palantir is a leading software and infrastructure company based in Denver, Colo. Without the commercial business angle, Palantir is just another IT-focused government contractor. That would represent a low-cost significant customer acquisition for Palantir. The large-cap NYSE company employees about 2,398 people and is led by CEO … As part of the initial public offering (IPO) … On the date of publication, Craig Adeyanju did not have (either directly or indirectly) any positions in the securities mentioned in this article. Once I buy, I plan on Selling my shares of PLTR at $39.00/ share. Palantir Is a Buy! PLTR shares also catch a price target raise from Credit Suisse and … MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that … How to Buy PLTR Stock Summary. Macroaxis provides Palantir Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PLTR positions. You probably want to know if there’s still a significant upside potential here that makes PLTR stock worth buying for the long haul. Here's Why Palantir Stock Is a Buy After the IPO By Mike Stenger, Associate Editor, Money Morning • September 28, 2020 Palantir Technologies Inc. (NYSE: PLTR) stock is expected to hit the … So why are investors excited about PLTR stock? To be clear, I believe the commercial business story is a good thesis for buying PLTR stock. Are you looking to invest in big data analytics? The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. quotes delayed at least 15 minutes, all others at least 20 minutes. Pre-Market 1.91 (7.59%) Should I buy Palantir Technologies Inc. (PLTR)? Palantir stock drops toward record 6-day losing streak as lockup expires. The tech company came at exactly the right time during the pandemic. Since making its debut, PLTR stock is up by over 250%. 2 analysts recommended to SELL the stock. Your losses are our losses too. View the real-time PLTR price chart on Robinhood and decide if you want to buy or sell commission-free. This guide will show you how to buy stocks, including PLTR.. It is usually referred to as NYSE:PLTR or PLTR-N Is Palantir Technologies a buy or a sell? Palantir Technologies (PLTR) shares rally 5% on Wednesday. All in all, Palantir remains an … Palantir's (NYSE:PLTR) stock recently plunged after the data analytics firm posted mixed fourth-quarter numbers. Bottom Line On PLTR Stock. 2021 InvestorPlace Media, LLC. Please read the full disclaimer here. Over the last 30 days, this security got 2 buy, 2 sell and 0 hold ratings. Copyright © 2021 InvestorPlace Media, LLC. 3 Big Stories to Catch Up On. Feb. 18, 2021 at 11:13 a.m. All in all, Palantir remains an attractive investment because the company … The consensus among Wall Street research analysts is that investors should "hold" Palantir Technologies stock. Further fall is indicated until a new bottom pivot has been found. The consensus among Wall Street research analysts is that investors should "hold" Palantir Technologies stock. As reported by Zacks, the current … PLTR stock is up 20% today and as much as 80% in a week. Also, there is a general buy signal from the relation between … Palantir Is a Sell! It’s worth mentioning that most of Palantir’s government revenue has been from the defense department. On corrections up, there will be some resistance from the lines at $27.96 and $29.84. Indeed, there’s been growth — again due, in part, to COVID-19. How to Buy PLTR Stock Summary. PLTR Stock: A Quick History In October, I wrote how insider selling of Palantir Technologies stock provides a golden buying opportunity . A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTR, but not buy additional shares or sell existing shares. The Palantir Technologies Inc. stock price fell by -4.46% on the last day (Tuesday, 23rd Feb 2021) from $28.00 to $26.75. During the last day, the stock moved $3.56 between high and low, or 14.90%. Palantir (PLTR) Upgraded to 'Buy' at Goldman Sachs Following Strong Q4 Results Buffett's Berkshire Hathaway Shows New Stakes in Chevron (CVX), Marsh & McLennan (MMC), Verizon (VZ) - … Use the Zacks Rank and Style Scores to find out is PLTR is right for your portfolio. All users should speak with their financial advisor before buying or selling any securities. During the day the stock fluctuated 14.90% from a day low at $23.90 to a day high of $27.46. Last week, we published an article revealing that Palantir Technologies Inc. (NYSE:PLTR) was one of the 10 best software stocks to buy now.. Our … We are all together in this COVID-19 pandemic. Resistance: $27.66 Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for … It is usually referred to as NYSE:PLTR or PLTR-N Is Palantir Technologies a buy or a sell? During the company’s Q3 earnings call, Chief Operating Officer Shyam Sankar said: Honestly, there’s been enormous acceleration for a part of a business that was pretty small 18 months ago in health care. Step 1: Pick a brokerage. Sector rotations and corrections are inevitable, best to take advantage of the extrapolated lows that graze the bottom trend line. [Read More] Ford (F) Vs General Motors (GM): Which Automotive Stock Is A Better Buy? Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. Rob Thomas, IBM’s senior vice president of software, cloud, and data, expects the partnership to increase the proportion of its customers using AI to 80%. Last week, we published an article revealing that Palantir Technologies Inc. (NYSE:PLTR) was one of the 10 best software stocks to buy now.. Our calculations showed that Palantir … The company’s recent partnership with International Business Machines (NYSE:IBM) is a move in that direction. Change the date range, see whether others are buying or selling, read news, get earnings results, and … View Palantir Technologies Inc. PLTR investment & stock information. The company said its work with health agencies has accelerated over the past year, as they secured a $36 million contract from NIH’s National Center for Advancing Translational Sciences. C3.ai, Inc. NYSE: AI $134.98 up $1.42 (1.06%) Related Articles. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. Palantir posted solid revenue, but missed on earnings. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/is-palantir-stock-a-buy-despite-uncertainties/. The advice algorithm takes into account all of Palantir Technologies' available fundamental, technical, and predictive indicators you will find on this site For the last week, the stock has had a daily average volatility of 10.68%. The future forecast was a bit disappointing. The enterprise market typically has a higher ceiling in terms of market worth compared to the government market. Find the latest Palantir Technologies Inc. (PLTR) stock quote, history, news and other vital information to help you with your stock trading and investing. NYSE: PLTR $28.89 up $3.73 (14.80%) AI. Palantir’s commercial revenue (i.e., revenue from enterprise customers) was $127 million, growing by 35% vs. Q3 2019. ET by Tomi Kilgore. The Denver-based company has been around since 2004 and generates a larger portion of its revenue from (mainly United States) government customers. Palantir NYSE Updated Feb 19, 2021 2:15 PM. The Palantir Technologies Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. 2 … In the last year, 3 stock analysts published opinions about PLTR-N. 1 analyst recommended to BUY the stock. This stock may move very much during a day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". We’re seeing opportunities for large systemic transformation in health care in the U.S. but also abroad, COVID-exposed opportunities for improvement, and I think governments are going to invest there. Palantir posted solid revenue, but missed on earnings. Barron's. PLTR's current last sale is 199.2% of the target price of $15. And compared to other government contractors, PLTR stock is pricier by a wide margin. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The best starting point is understanding the reason for the excitement around Palantir. This is why we are offering FREE 14 days TRIAL SUBSCRIPTIONS with no further commitments. featured in The Global Fintech Index 2020 as the top Fintech company of the country. Step 1: Pick a brokerage. Expectations are that the demand for health data analytics will continue to surge, a trend from which Palantir is set to benefit. Petroleo Brasileiro S.A.- Petrobras (PBR) is -1.9301 at $8.12, with 5,582,223 shares traded. PLTR Stock: A Quick History In October, I wrote how insider selling of Palantir Technologies stock provides a golden buying opportunity . Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Only 20% of IBM’s customers currently use AI. Bottom Line On PLTR Stock. and has now fallen 3 days in a row. On the downside, the stock finds support just below today's level from accumulated volume at $25.17 and $23.82. PLTR: Get the latest Palantir stock price and detailed information including PLTR news, historical charts and realtime prices. By using the site you agree and are held Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Is Palantir Stock a Buy Despite Uncertainties? Palantir (PLTR) Upgraded to 'Buy' at Goldman Sachs Following Strong Q4 Results. While Citron has initiated a short into this rise, bullish Palantir posts are heavy on reddit/WSB.Our options data shows traders have … There are few to no technical positive signals at the moment. The price target was set to $15.00 → $27.00. Palantir’s products, which used to be mainly targeted at deep-pocketed entities, are now being broken into less-pricey modules that not so deep-pocketed companies can use. In a bid to compete in the enterprise data market Palantir has been pushing its Foundry product. Data analytics firm Palantir Technologies (NYSE: PLTR) is one of the new shiny things in the so-called new technologies space. 1 *billion* volume in a week. A sell signal was issued from a pivot top point on Wednesday, January 27, 2021, and so far it has fallen -31.41%. PLTR 25.17 1.91 (7.05%). Use the Zacks Rank and Style Scores to find out is PLTR is right for your portfolio. View IEX’s Terms of Use. Should I buy Palantir Technologies Inc. (PLTR)? On the one hand, Palantir will surely benefit from the network effect of partnerships, such as the one with IBM, to grow its commercial business at a low cost. The Palantir Technologies Inc. stock holds several negative signals and despite the positive trend, we believe Palantir Technologies Inc. will perform weakly in the next couple of days or weeks. One of the biggest initial public offerings (IPOs) this year came from Palantir Technologies Inc. (NASDAQ:PLTR). Palantir has been one of the few companies that have genuinely grown during the pandemic. This guide will show you how to buy stocks, including PLTR.. No stop-loss is set. The price has fallen in 8 of the last 10 days and is down by -25.8% for this period. Our recommended stop-loss: Terms of Use and Privacy Policy. The fundamentals for Palantir are already on track so it makes for a great bullish bet. Lockup Expiration and What It Means for PLTR Stock When a firm goes public, the owners tend to sell roughly 15%-20% of the company. [Read More] Ford (F) Vs General Motors (GM): Which Automotive Stock Is A Better Buy? Louis Navellier and the InvestorPlace Research Staff, MoneyLine Podcast: We’re Entering a Period of Unprecedented Opportunity. The Palantir Technologies Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. PLTR stock has been an investor darling since debuting on the NYSE, but consider its growth prospect before buying. Price: $26.75 The war is finally over. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for … Given the investment horizon of 30 days and your above-average risk tolerance, our recommendation regarding Palantir Technologies is 'Strong Sell'. Real-time data provided for free by IEX. Users should not base their investment decision upon "StockInvest.us". In this case, Palantir Technologies Inc. finds support just below today's level at $25.17. I believe PLTR stock remains a buy because it simply continues to build its book of contracts, moves with skill, and has a strong base. This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.This signal is rare and, in most cases, gives substantial returns. That’s roughly 56% of the $290 million revenue for the quarter. Palantir Technologies (NYSE:PLTR) Price Target and Consensus Rating. On the last day, the trading volume fell by -40 million shares and in total, 141 million shares were bought and sold for approximately $3.77 billion. Given the current short-term trend, the stock is expected to rise 21.06% during the next 3 months and, with a 90% probability hold a price between $30.90 and $49.81 at the end of this 3-month period. In the last year, 3 stock analysts published opinions about PLTR-N. 1 analyst recommended to BUY the stock. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. PLTR soared over 15 percent today. The future forecast was a bit disappointing. Buffett's Berkshire Hathaway Shows New Stakes in Chevron (CVX), Marsh & McLennan (MMC), Verizon (VZ) - … Copyright © But the company is having to refine its strategy to reach a larger enterprise market. https://finance.yahoo.com/news/pltr-good-stock-buy-according-175257907.html