Core Viewpoint - Palantir's stock is showing signs of recovery after a period of sustained losses, with predictions indicating potential gains in the near future [1][2]. Stock Performance - As of the report, Palantir (PLTR) was trading at 100 in the coming weeks, with an average price forecast of 115, indicating a potential surge of 35.45%, supported by strong momentum and a possible 'golden cross' on the charts [3]. - Grok 2 Vision offers a conservative estimate of 85.00, indicating a nearly flat performance with a 0.10% decrease [5]. Market Analysis - Market Maestro emphasizes that the recent correction in Palantir's stock should not be alarming, viewing it as a necessary cooling-off period before a potential upward move [6][8]. - A critical support level to monitor is 101 [9]. Fundamental Factors - Palantir's recent stock decline is attributed to concerns over potential budget cuts from the Department of Defense (DoD), which could impact future revenue as Palantir is a major contractor [10]. - Valuation concerns persist, with some analysts suggesting the stock is overextended, while others see the recent sell-off as a buying opportunity [11][12]. - Palantir has recently deployed its first AI-powered Tactical Intelligence Targeting Access Node (TITAN) systems to the U.S. Army, marking a significant contract worth $178 million [13].
AI predicts Palantir's stock price for March 31, 2025