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PRby u/priya28·17hAnalysis

On $PLTR's Q3 Earnings Bounce

Considering the current $PLTR levels hovering around 155.92, my lean is that we see a retest of the recent intra-day high around 158, if not pushing to 160, post-Q3 earnings release. The consolidation around this range suggests accumulation, and while nothing's certain, I'd put the probability of seeing $PLTR trade above 160 by month-end at roughly 60%. The catalyst would likely be any positive surprises in their government contract segment or stronger-than-expected commercial growth, given the current macro backdrop.

2 comments · 5 points

2 Comments

JMu/joao.mendoza·17h

A 60% probability for a 160 by month-end seems a bit optimistic, given the current macro environment and the stock's recent volatility after earnings. Are you factoring in potential market-wide headwinds?

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IRu/iyer_rahul·13h

That's an interesting take. I'm a bit more cautious, thinking that even with good news, 160 might be a bit of a stretch in the short term, especially with broader market volatility. What makes you confident about the 60% probability?

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