Palantir (#PALANTIR) weekly special report based on 1.00 Lot Calculation:
THE COMPANY:
- Palantir Technologies is a software company, specializing in big data analytics and artificial intelligence. It primarily offers its platforms, Palantir Gotham and Palantir Foundry, to government agencies, defense sectors, and large enterprises for tasks like intelligence analysis, risk assessment, and operational decision-making.
- PALANTIR JOINED THE S&P 500 INDEX (USA500): Palantir joined the S&P 500 index on September 23, 2024. The inclusion enables mutual funds and institutional investors to buy PALANTIR stock.
- PALANTIR JOINTED THE NASDAQ 100 INDEX (USA100): Palantir joined the Nasdaq 100 index on December 23, 2024.
EVENTS:
- EVENT (EXPECTED: FEBRUARY 5, 2025): Q4 EARNINGS REPORT TO SHOW NEW QUARTERLY RECORD REVENUE AND EARNINGS DATA. The company is expected to print $778.4 million in revenue (a new record high), up 7.2% from Q3’s $725.5 million, and up around 28% from the same period last year ($608.4 million). Palantir is expected to print $278 million in net income (a new record high), up around 87.5% from Q3’s $148.2 million and up around 194% from the same period last year ($94.5 million) (Source: Bloomberg)
- STATISTICS (LAST 8 QUARTERS): HISTORICAL PERFORMANCE SHOWS THAT PALANTIR TENDS TO BEAT ANALYSTS’ EXPECTATIONS. Palantir has beat revenue estimates 8 times over the past 8 quarters, and it has managed to beat Earnings Per Share (EPS) estimates 8 times over the past 8 quarters.
Data Source: Bloomberg
Please note that past performance does not guarantee future results
- LAST TIME (Q3 EARNINGS RELEASED ON NOVEMBER 4, 2024, AFTERMARKET): Palantir beat revenue estimates of $701 million, printing a figure of $726 million dollars for Q3 of 2024. Meanwhile, the company printed Earnings Per Share (EPS) of $0.10, beating analysts’ estimates of $0.09. STOCK PERFORMANCE ON NOVEMBER 5, 2024: The stock rose 23.47%.
Please note that past performance does not guarantee future results
NEWS:
- US GOVERNMENT IS PALANTIR`S LARGEST CLIENT: Palantir gets nearly 60% of its revenue from government agencies. In December, the federal government gave Palantir a higher rating for secure cloud computing services. And, Palantir announced a partnership with Booz Allen Hamilton (BAH), a competitor in some government and defense services. Also, Palantir announced that the Department of Defense Chief Digital and Artificial Intelligence Office (CDAO) awarded a contract that could be worth $480 million over a 5-year period.
- TRUMP ADMINISTRATION 2.0: Several members of the incoming Trump administration have ties to Palantir, a company co-founded by longtime venture capitalist Peter Thiel. They include David Sacks, tapped as White House artificial intelligence and crypto czar. Tech industry maverick Elon Musk, Sacks and Thiel helped launch PayPal, becoming part of the so-called PayPal Mafia. Musk is a key Trump advisor.
PRICE ACTION:
- PALANTIR STOCK HIT A NEW ALL-TIME HIGH IN LATE 2024: Palantir hit an all-time high of $84.72 (December 24, 2024). The stock currently trades around $67 and if a full recovery to its recent all-time highs take place then it could offer an upside of around 26%. However the stock can decline as well.
- 2024 STOCK PERFORMANCE: +343%. Palantir stock rose by 343% in 2024, from $17.06 to $75.60 a share.
#PALANTIR, January 10, 2025
Current Price: 67
PALANTIR |
Weekly |
Trend direction |
|
120 |
|
100 |
|
80 |
|
55 |
|
50 |
|
45 |
Example of calculation based on weekly trend direction for 1 Lot1
PALANTIR |
||||||
Pivot Points |
||||||
Profit or loss in $ |
265,000 |
165,000 |
65,000 |
-60,000 |
-85,000 |
-110,000 |
Profit or loss in €2 |
257,207 |
160,148 |
63,088 |
-58,235 |
-82,500 |
-106,765 |
Profit or loss in £2 |
215,486 |
134,170 |
52,855 |
-48,789 |
-69,118 |
-89,447 |
Profit or loss in C$2 |
381,733 |
237,683 |
93,633 |
-86,430 |
-122,443 |
-158,455 |
1. 1.00 lot is equivalent of 5000 units
2. Calculations for exchange rate used as of 10:00 (GMT) 10/01/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.