๐ŸŽWhat the Tigers Say | Can PLTR Reach Its All-Time High?

Palantir surged nearly 7% yesterday, bringing its YTD gains to an impressive 140%. With momentum building, the question on everyone's mind is:

Will PLTR break its all-time high?

Whatโ€™s your target price?

๐ŸŽSpecial Notes: Whoever showed up on theโ€ What the Tigers Sayโ€ column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @nerdbull1669: Why Palantir (PLTR) AIP Is Important As AI Move Into Decision and Inference Phase

Key Points:

Palantir's growth rate has been accelerating

AIP has helped Palantir's growth rate hit a new gear in recent quarters. But that was not the case couple of years ago, Palantir's business was showing signs of slowing.

But after Palantir launches AIP, the company's growth rate has been taking off. Palantirโ€™s Q2 FY24 quarterly revenue hit a record of $678M. At more than 27%, its growth rate is now around where it was two years ago.

So now the question is if the latest report can help win over more customers who may be on the fence about Palantir's AI solutions, that can potentially result in this growth rate accelerating even further.

Which I believe that Palantir could win more and more customers who have been experimenting with other DI platform and will come to realise that Palantir might be something that they need.

Technical Analysis - MACD and Multi-time frame (MTF)

Using the MTF and in my earlier article, we are on track to have PLTR move above $40. And we are seeing a potential MACD bullish crossover.

With PLTR trading above both short-term and long-term MA, with MTF giving a strong upward trend, I believe there are much more upside coming for PLTR.

I am holding onto my Palantir position as I foresee there would be more upside as organizations begin to identify the suitable platform to bring their AI journey to the next phase.

2. @Blinkfans:

Key Points:

Building on Long-Term Potential Palantir is a major player in data analytics and AI, with its technology becoming increasingly vital across industries. Whether itโ€™s government contracts or collaborations with private companies, PLTRโ€™s potential for growth is undeniable.

Adding more shares now is my way of doubling down on a company that I believe will be crucial in shaping the future of data intelligence. Taking Advantage of Momentum PLTR has been steadily climbing, and even though itโ€™s not at the bargain price it once was, I still see value. I know I might miss out if I wait too long for a dip that may never come.

By buying more shares now, I can ensure that Iโ€™m part of this growth story. Dollar-Cost Averaging for Safety Iโ€™m also mindful of minimizing risk. By buying more PLTR consistently, Iโ€™m dollar-cost averaging, which helps me reduce the impact of short-term market fluctuations.

3. @AgentRasa:

Key Points:

PLTR's PE is 242 which is ridiculous. It's bound to decline - not today, may not be tomorrow but soon. Before you find yourself stuck and repent later, better to take a call now.

And if course there will always be an opportunity. It's earning call will be in the first week of November. If it does not match the expectations it will tank by 15-20% in one day.

4. @Avenite :

Key Points:

Palantir will definitely hit $45 and even cross that mark in the last quarter. Try shorting it if you're confident it's gonna slide 30%.

Questions for you:

Will PLTR break its all-time high?

Whatโ€™s your target price?

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๐Ÿฏ All valid comments on the following post will receive 5 Tiger Coins.

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โฐDuration

  • 16 October (24pm EDT)

# Can Palantir Break Its All-Time High?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Shyon
    ยท10-11
    TOP
    I believe predicting whether $Palantir Technologies Inc.(PLTR)$ will break its all-time high involves some uncertainty, but several factors give me a positive outlook. First, there's a strong demand for data analytics as businesses increasingly rely on data-driven decisions, which positions PLTR well in the market. I appreciate that the company has a diverse client base, with contracts spanning both government and commercial sectors, providing it with diversified revenue streams. Additionally, I see great value in PLTR's focus on innovation and cutting-edge technologies like AI and machine learning, which enhance its offerings and attract new clients.

    For me, the long-term growth potential of PLTR as a leader in big data is significant, especially as it capitalizes on emerging industries. My target price of $100 reflects this bullish outlook, supported by the companyโ€™s growth trajectory and market trends.
    @TigerClub @TigerStars @Tiger_comments @TigerGPT @CaptainTiger

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  • icycrystal
    ยท10-11
    TOP
    anything is possible, $Palantir Technologies Inc.(PLTR)$ may break its all-time high [smile]

    @LMSunshine @koolgal @Aqa @TigerGPT @Shyon @rL @Universeๅฎ‡ๅฎ™ @SPACE ROCKET @GoodLife99 @HelenJanet

    Will PLTR break its all-time high?

    Whatโ€™s your target price?

    ๐ŸŽPrizes

    ๐Ÿฏ All valid comments on the following post will receive 5 Tiger Coins.

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    • koolgal:ย 
      Thanks for sharing ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      10-11
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    • koolgal:ย 
      Thanks for sharing ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      10-11
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  • nomadic_m
    ยท10-16 16:15
    TOP
    $Palantir Technologies Inc.(PLTR)$ has been on my radar for some time. Given its contractual relationships with the US government, I believe the company boasts robust fundamentals. Despite its current price trajectory, I'm considering PLTR as a potential buying opportunity if it dips to the $30-$35 range. A pullback to the specified range may present a compelling entry point.
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  • @TigerGPT what is the highest and lowest target price for $Palantir Technologies Inc.(PLTR)$ . also perform a technical analysis too.
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    • TigerGPT:ย 

      According to the available information, I couldn't find the highest and lowest target price for Palantir Technologies Inc. (PLTR). However, please note that target prices can vary among different analysts and financial institutions.

      In terms of a technical analysis, I couldn't retrieve specific technical indicators at the moment, but I can provide you with some insights based on recent market trends and news.

      Palantir Technologies Inc. (PLTR) has experienced significant growth, with its stock surging about 140% year-to-date. The company's growth has been driven by successful AI integration and the release of the AIP (AI-powered platform). However, there have been some concerns about potential overvaluation, as indicated by insider sales.

      It's worth noting that Palantir's stock has been on an upward trend recently, with seven consecutive days of gains. It is currently trading at $36.04, which is 7.59% below its all-time closing high of $39.00 in January 2021. The stock has shown strong resilience and has outperformed the broader market.

      There are differing opinions regarding the future performance of Palantir's stock. Some analysts believe that it has the potential to reach $45 and even surpass that mark in the last quarter. On the other hand, there are also concerns about the high PE ratio of 242, which some believe is unsustainable and may eventually decline. Additionally, the upcoming earnings call in the first week of November could have a significant impact on the stock's price.

      In conclusion, while there are positive expectations for Palantir's stock, it is important to consider the potential risks associated with valuation and upcoming earnings announcements.

      *Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.

      10-09
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  • koolgal
    ยท10-11
    TOP

    ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ$Palantir Technologies Inc.(PLTR)$  share price has been on  a tear this year.  It is currently up a massive 162% year todate.  Palantir has joined the S&P500 on Monday September 23 as part of the index's quarterly rebalancing and that has given it added impetus to continue its uptrend.

    In Q2 24, Palantir generated USD 134 million in net income - the largest quarterly profit in its history.  Palantir has now posted 8 consecutive quarters of profitability. 

    Palantir's share price has soared to 52 week high at USD 43.34 this week.  This is simply amazing!  Not only is it winning government contracts, it is also growing its commercial customer base too. 

    I believe that it is possible that Palantir can hit USD 50 by the end of 2025.  What an exciting time for Palantir and its investors. 

    @TigerClub  @Tiger_comments  @TigerStars  



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  • Aqa
    ยท10-11
    ๐ŸŽ‰๐ŸŽ‰ $Palantir Technologies Inc.(PLTR)$ looks set to reach all time high pass $45.
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  • SPACE ROCKET
    ยท10-12
    Not sure. Because PLTR was stuck in the 10s and 20s region for way too long. Such that I fear this 'bubble' is just waiting to burst.
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  • Aqa
    ยท10-11
    ๐ŸŽ‰๐ŸŽ‰ $45 here comes $Palantir Technologies Inc.(PLTR)$ Thanks @TigerClub
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  • Avenite
    ยท10-09
    Iโ€™m definitely bullish on that. Iโ€™m aiming for $50 by end of last quarter :)
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  • WanEH
    ยท10-11
    I think palantir is possible to hit usd50. but currently it's a bit overpriced. so I won't take the risk.
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  • Goldentiger
    ยท10-09
    It will hit $45 for mark on target power boost
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  • DemiSaint
    ยท10-09
    Got a feeling it will hit $45 too.
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  • Slee49
    ยท10-09
    It will reach $45.00 by end Oct
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  • Goldentiger
    ยท10-09
    Great sentiment of market AI EXPLOSION BREAK THROUGH LIGHT SPPED
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  • MysticTrader
    ยท10-09
    Pltr has been news for a while its time for this company to shine
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  • MasterStonker
    ยท10-09
    I bought some, what are you jokers waiting for man
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  • nerdbull1669
    ยท10-09
    thank you @TigerClub for the mention! Appreciate much!
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  • HiddenDragon
    ยท10-09
    100x follow by stock split... watch...
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  • Shirney181
    ยท10-09
    Yes ! See you on top !
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  • Blinkfans
    ยท10-10
    Many thanks
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