DiscoverGold
4 hours ago
Bulls Target Palantir Technologies Stock Amid NDX Debut
By: Schaeffer's Investment Research | January 2, 2024
• The software stock is pulling back from a record high
• PLTR scored a massive 360% gain in 2024
Tech stocks dominated the options pits in 2024, all the way up into the last two weeks of the year. Software concern Palantir Technologies Inc (NASDAQ:PLTR) is fresh off its Nasdaq-100 Index (NDX) debut and was the fifth most heavily traded stock over the last 10 days, according to a list from Senior Quantitative Analyst Rocky White featuring names that drew the most options volume in that time frame.
PLTR saw 4,499,603 calls and 3,213,271 puts exchanged during this time. The most active contract within that period was the December 80 call, with the weekly 12/27 80-strike call not too far behind.
PLTR was last seen down 2.3% to trade at $73.88, looking to extend its pullback from a Dec. 24, record high of $81.09. The stock is on track for its fifth-straight daily loss, though support at the 30-day moving average looks like it will contain it. Year over year, the shares are up a massive 367%.
At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), PLTR's 50-day put/call volume ratio of 0.75 ranks in the 98th annual percentile. This suggests that while calls still outpace puts overall, options traders have been more bearish than usual.
It's also worth noting the stock's Schaeffer’s Volatility Scorecard (SVS) sits at 87 out of 100. This indicates PLTR has consistently outperformed volatility expectations in the last 12 months.
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solarity
2 days ago
More from the same gentleman who I referenced in my last post:
In common terms, if the price doesn’t continue to rise into the expiration of the allotments, a number of shares that could have been released wont be released, and those prices to release them will likely be set higher after the environment of the current price, the Trump administration, and the February guidance reports during earnings, increasing demand in the short term while restricting potential supply, bearing in mind, there are a number of quotas and forced purchasing regardless from various financial instruments and etfs because of the inclusions.
Some SP500 and NASDAQ100 structured contracts that force buying allow 12-18 months to allow a favorable entry point.
I very much expected to see a multi billion dollar mutli pronged short attack from a number of short sellers but it looks like the cash on hand from the WHINO and republican private sector, the aerospace industry, and everyone in the tech sector are just lumping into trying to gain as much as equity as makes sense.
You can value and fundamentals all you want in this industry but the one factor that dictates price action beyond all else is momentum- it takes serious negation to stop momentum. What can stop palantir momentum right now? Sex scandal, corporate, illegal palantirgate type of shit, none of which I can see playing out.
Continued rapid expansion and a meltup. The moment some disclosure about stopping a dirty bomb or some geopolitical defense catalyst goes full public its going to be gone forever. I am honestly surpirsed some billionaire like Carlos slim or Musk or gates hasnt lumped 100 or 200 billion into the stock at the market. I see Sofi or fidelity doing something to that effect in the near future.
solarity
2 days ago
Here is a very recent highly analytical post about PLTR from another site authored by a knowledgable PLTR investor who was responding to a projected end of 2025 price of $135. Just thought it was interesting. FWIW:
Thats probably low- forced buying requirements still can be extended into Q3 of 2026 given the 12-18 month windows for both indexes and the various instruments that have to rebalance, and those entry points will want at least a 2x in the mid to short term.
I expect between 20-100 billion dollars is on the sideline waiting for any iota of negative noise or missed beat and guidance in order to gain entry for shell partnered firms and funds working on gaining positive entry. Theyre really pissed. They cant cool the price action and they cant cook and leverage against the share structure.
Their only real tool right now is noise makers and paid off voices in the uninitiated discourse and low volume.
If the price doesnt rise into the disclosure executions after 1/1/25 the foreseeable short term is a clamp on shares outstanding and the need to reissue disclosure which will undoubtedly be at higher rates of release. The market is low volume and it looks like capitulation so the play has become try and let it cool off and cross your fingers and toes and hope Karp doesnt continue destroying the narrative and somehow someone or something materializes before February earnings that can be spun before BofA, templeton, Buffet, Gates, Musk, ARK, saudi funds, or Sofi start openly buying or announcing revised price targets or partnerships.
The catalysts for palantir are just too numerous at this point if the admin comes in and openly starts pumping it will be a repeat of the bitcoin and silicon america meltup scenario.
If I were your broker I would be encouraging you to sell as many puts as is financially feasible because its basically free premium with the potential to be more shares with the inevitable moonshot approaching.
I could see Anduril scrambling to DPO under this environment that will be a basket catalyst and they can potentially outstrip the majors in MCap before theyve even really cut their teeth. Conversely if I was the CTO of Boeing, Lockheed, Northrop, Raytheon I would be attempting to parlay any security budgets and leverage I could into Palantir considering the nature of warfare and the Military complex moving forward, specifically considering NGAD, LW, rainbow trapeze, joint BAE, and Cheshire projects will undoubtedly be run and burn bagged by palantir OS and ontology.
DiscoverGold
3 days ago
Palantir Technologies Driving Success Across Industries
By: Lucas Downey | December 31, 2024
• Shareholders win as Palantir Technologies, Inc. (PLTR) delivers value for supply chains, production processes, governments, and more.
PLTR’s data integration and software solutions help businesses and governmental organizations make sense of loads of complex data. It has two main platforms – Gotham (government) and Foundry (business) – that integrate data into the real world with the help of AI. The Foundry platform helped achieve $200 million in savings for a large food company, with $40 million saved via logistics optimization. Also, customers have experienced a 30% drop in expenses for supply chain, inventory management, and procurement processes.
Palantir’s third-quarter fiscal 2024 earnings revealed a 30% year-over-year revenue jump, which was driven mostly by gains in the U.S. and from AI. It had adjusted quarterly per-share earnings of $0.10 and has plenty of cash and equivalents on hand ($4.6 billion) to fund future growth. PLTR expects $767 million to $771 million in fourth- quarter revenue and raised full year revenue guidance to a high end of over $2.8 billion.
It’s no wonder PLTR shares are up 350% this year – and they could rise more. MAPsignals data shows how a rare bullish signal reflects Big Money investors are betting heavily on the forward picture of the stock.
Big Money Loves Palantir
Institutional volumes reveal plenty. In the last year, PLTR has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in PLTR shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.mapsignals.com
Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Palantir.
Palantir Fundamental Analysis
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, PLTR has strong sales and earnings growth:
• 3-year sales growth rate (+27.2%)
• 3-year earnings growth rate (+45.8%)
Source: FactSet
Also, EPS is estimated to ramp higher this year by +23.5%.
Now it makes sense why the stock has been powering to new heights. PLTR has a track record of strong financial performance.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.
Palantir has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report multiple times in the last year, with more potentially on the horizon. The blue bars below show when PLTR was a top pick…sending shares upward:
Source: www.mapsignals.com
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Palantir Price Prediction
The PLTR rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
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DiscoverGold
fwb
2 weeks ago
Palantir, Anduril In Talks With OpenAI, Elon Musk's SpaceX To Take On Defense Giants: FT
ED CARSON
06:32 PM ET 12/22/2024
Palantir Technologies (PLTR) and startup Anduril are talking with many other tech companies, including OpenAI and Elon Musk's SpaceX, to form a consortium to jointly bid on U.S. government contracts, The Financial Times reported Sunday.
The aim is to take on traditional defense giants such as Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA) and RTX (RTX).
Palantir and Anduril also reportedly are talking to Saronic and ScaleAI. Palantir and Anduril aim to announce a series of alliances next month, the FT said.
Musk, as co-leader of President-elect Donald Trump's government efficiency drive, has signaled he will target Pentagon spending. He has specifically criticized the F-35 fighter jet as wasteful. Lockheed Martin makes the F-35, with Northrop Grumman a major sub-contractor. Boeing is a would-be competitor to SpaceX in private space fight.
Tesla (TSLA) has soared since the election in the belief that the Trump administration will favor the EV giant. But there arguably is far scope for Trump to aid SpaceX, via defense and space government contracts.
Palantir stock jumped 8.5% on Friday to 80.55, a record close. PLTR stock is by far the top performer in the S&P 500 index this year, up 369%.
fwb
2 weeks ago
Red Cat Partners with Palantir to Equip Black Widow™ with Autonomous Visual Navigation and Warp Speed for GPS-Compromised Environments
SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), today announced a strategic partnership with Palantir Technologies Inc. (Nasdaq: PLTR) to integrate Visual Navigation software (VNav) into Red Cat’s Black Widow drones and to deploy Warp Speed, Palantir’s manufacturing OS. This collaboration will transform autonomous sUAS operations for modern warfare by utilizing Palantir’s advanced AI software running onboard the drone which references up-to-date onboard satellite imagery to provide accurate navigation entirely independent of GPS or radio control signals.
The integration of Palantir’s VNav software and use of Warp Speed advances Red Cat’s mission to define the future of aerial intelligence and provide warfighters with critical, real-time situational awareness on the battlefield. Following Black Widow’s selection for the U.S. Army’s Short Range Reconnaissance Program, this partnership accelerates the ability to deploy electronic-warfare (EW) resistant sUAS without GPS. Palantir’s VNav software solves the persistent problem of long-range inertial drift by comparing the drone’s position against onboard up-to-date satellite imagery.
Key Benefits of Palantir’s VNav technology for Black Widow drones:
Satellite Imagery Integration: Palantir’s ability to task partner satellites to acquire up-to-date imagery and deliver it to the edge provides drones with the necessary situational awareness, facilitating highly accurate navigation without long-range drift.
A-PNT Navigation: VNav technology empowers drones with an Alternate PNT source by using sophisticated computer vision techniques for visual inertial odometry and reference matching against satellite imagery in multiple visual bands without reliance on GPS, ensuring operational efficacy in EW environments.
Edge Runtime: VNav’s visual navigation algorithms are deployed directly onboard the drone and run fully offline using Palantir’s Edge Runtime.
“Equipped with Palantir’s visual navigation and artificial intelligence, the Black Widow will be among the most capable drones ever fielded by the Department of Defense, compact enough to fit in a rucksack,” said Jeff Thompson, Red Cat CEO. “This innovation will enhance the warfighter's Intelligence, Surveillance, and Reconnaissance capability while improving lethality. This begins in our multiple factories, where Palantir’s Warp Speed will optimize production, streamline our supply chain, change management, and quality assurance, ultimately reducing costs and improving margins.”
“For more than two decades, we have been providing warfighters with mission-critical software and production AI capabilities – including Project Maven,” said Aki Jain, Palantir’s CTO & President, US Government. “Arming Red Cat drones with Palantir’s Visual Navigation along with integrations into Maven Smart System, while also powering their production via Warp Speed, will provide unprecedented capability for the battlefield and secure the ongoing competitive advantage of the West.”
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a leading-edge Family of Systems. This includes the flagship Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed wing VTOL for extended endurance and range, and FANG™, the industry's first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.
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