PALANTIR TECHNOLOGIES INC-A (NASDAQ:PLTR) – A Strong Growth Stock Meeting Minervini’s Criteria

PALANTIR TECHNOLOGIES INC-A (NASDAQ:PLTR) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company’s strong technical setup and accelerating fundamentals make it a candidate worth examining for growth-focused investors.

Why PLTR Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks exhibiting strong uptrends with improving fundamentals. PLTR meets these criteria:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($100.05), 150-day ($82.18), and 200-day ($70.12) moving averages, confirming a bullish trend.
• Upward-Sloping Moving Averages: The 50-day, 150-day, and 200-day MAs are all trending higher, reinforcing long-term strength.
• Strong Relative Strength: With a ChartMill Relative Strength (CRS) score of 99.41, PLTR outperforms nearly all other stocks.
• Near 52-Week High: The current price ($125.59) is within 6% of its 52-week high ($133.49), indicating sustained momentum.
• Significant Price Appreciation: PLTR is up nearly 500% over the past year, far exceeding the 30% threshold from its 52-week low ($20.64).

High Growth Momentum Fundamentals

Beyond technicals, PLTR demonstrates strong growth metrics:

• Revenue Growth: Quarterly revenue growth of 39.3% (YoY), with full-year revenue up 28.8%.
• Earnings Expansion: EPS grew 64% over the past year, with recent quarterly EPS growth at 62.5%.
• Profitability Improvement: Profit margins expanded to 24.2% in the latest quarter, up from 9.5% a year ago.
• Free Cash Flow Surge: FCF per share grew 281% year-over-year, reflecting strong operational efficiency.
• Consistent Earnings Beats: The company has beaten EPS estimates in 3 of the last 4 quarters, with an average beat of 10.1%.

Technical Outlook

PLTR’s technical rating of 10/10 reflects its strong uptrend, while the setup rating of 4 suggests waiting for a better consolidation before entry. Key support levels are at $108.86 and $83.84, providing potential downside protection.

For a deeper technical breakdown, review the full technical report on PLTR.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.