Palantir Soars 20% on Strong Q4 Revenue & Bright 2025 Outlook π
Palantir stock jumps over 20% after surpassing Wall Street estimates for Q4 revenue and unveiling an optimistic 2025 outlook. Chart analysis suggests a potential target of $170. Learn more about the rally and future prospects!
Benzinga
344 views β’ Feb 4, 2025
About this video
Palantir stock surged over 20% in extended trading on Monday after its fourth-quarter revenue and 2025 outlook beat Wall Street estimates. The stock has gained 11% year-to-date and has risen five-fold over the past year. Palantir shares appear poised to break out from a consolidation pattern on the chart, with technical analysis suggesting an upside target of $170 by late March. Investors should monitor the $85 level for potential buying interest, as it could transition from resistance to support. Should this level fail, the stock may drop to around $66, aligning with previous support zones.
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344
Duration
0:45
Published
Feb 4, 2025
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