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-oriented investors.

Why PLTR Fits the Minervini Trend Template

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

• Price Above Key Moving Averages:
  • Current price ($148.58) is well above the 50-day ($131.40), 150-day ($102.06), and 200-day ($89.09) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish momentum.
• Upward-Trending Averages:
  • The 150-day and 200-day moving averages are rising, reinforcing long-term strength.
• Strong Relative Strength:
  • PLTR’s ChartMill Relative Strength (CRS) score is 99.03, meaning it outperforms nearly all other stocks.
• Price Near 52-Week High:
  • Trading within 1.4% of its 52-week high ($150.62), indicating strong momentum.
  • The stock is 600% above its 52-week low ($21.23), showing significant recovery and growth.

High Growth Fundamentals

Beyond technicals, PLTR demonstrates accelerating financial performance:

• Earnings Growth:
  • EPS (TTM) grew 64.3% YoY, with recent quarterly growth of 62.5%.
  • EPS revisions for next year are up 3.7% over the past three months.
• Revenue Expansion:
  • Revenue (TTM) increased 33.5% YoY, with consistent quarterly beats (4/4 last quarters).
  • Next-year revenue estimates have been revised upward by 3.5% in the last three months.
• Profitability Improvements:
  • Profit margins expanded to 24.2% in the latest quarter, up from 9.5% a year ago.
  • Free cash flow per share surged 281% YoY, reflecting strong operational efficiency.

Technical Outlook

PLTR’s technical rating from ChartMill is a perfect 10, reflecting its strong uptrend and market leadership. However, the setup quality score is 6, suggesting investors may want to wait for a consolidation before entering. Key support levels include:

• $139.31–$140.15 (near-term support from moving averages)
• $130.67–$131.40 (stronger support zone)

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and momentum characteristics.

For a deeper technical analysis, review the full PLTR technical report.

Disclaimer

This is not investment advice. The article highlights observations at the time of writing, but investors should conduct their own research before making decisions.