$Palantir Technologies Inc.(PLTR)$
A Sparkling Diamond [Anger] [love you] [Love]
Fundamental analysis
-net income, ROE(adj) and diluted EPS increasing but still negative
-low total debt to equity ratio 0.113 and positive FCF
-with missed earning in December and march report, price dropped drastically
Technical analysis
- price dropped below ema 200 since Nov 2021
-lowest price 6.4 at May 2022[Eye]
- short term wise, upgoing trend[Call]
-price been above ema5,20,30 more than 1 week
Good news -[Love]
•Bank of America analyst has reiterated a Buy rating on PLTR shares as he believes the company will benefit from government demand for data oversight.
•Goldman Sachs analyst initiated coverage of PLTR with a “Neutral” rating with target price of $10
•2 new projects:
-contract from the U.S. Army to build a prototype of the Tactical Intelligence Targeting Access Node (TITAN). It covers 14 months and is worth $36 million.
-strategic partnership with Guidehouse. That includes creating solutions for its public sector customer base.
Things to consider
- Fundamental background is still not solid enough[666]
- technical wise is rising trend in short term[Call]
- good news around[OK]
So do you think 6.4 is the BOTTOM??[serious]
Will you buy now or wait for a bigger pullback??[Smart] [Doubt] [Observation]
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