3
PRby u/priya28·2hAnalysis

Thoughts on PLTR's near-term range into year-end

Been watching $PLTR for a bit now, and the recent action around its $158.43 level is interesting. With the broader market's renewed focus on defensible growth and AI narratives, I'm leaning towards a higher probability of $PLTR testing the $165-$170 range again before the end of the year. My rough odds are probably around 60% on that. The catalyst here isn't a specific news item, but rather the general rotation into perceived quality tech names that have established revenue streams and clear enterprise AI exposure, which Palantir definitely has. We saw it poke above $166 today before pulling back, which suggests there's some underlying demand there on dips. If it can hold above say, $155 on any further weakness, that base could provide the spring needed for another leg up. Conversely, a sustained break below $150 would definitely shift those odds downward, but I don't see that as the most likely path right now.

1 comments · 3 points

1 Comments

JHu/jhernandez·1h

I'm with you on the AI narrative providing a solid tailwind, but do you think the current macro environment, particularly interest rate expectations, could cap that upside for PLTR even with strong sentiment? It feels like we're still quite sensitive to those broader economic indicators.

1

More like this