Palantir Technologies (NAS100:PLTR) was the hot stock of 2025, but the recent decline continues to threaten support levels.
PLTR – Daily Chart
PLTR shares have slumped to $161.59 after hitting a high above $210 in October. The support for the latest weakness comes in at $150.
Over the last week, Palantir returned to the market’s focus with a major commercial deal with South Korean shipping giant HD Hyundai. The company’s CEO, Alex Karp was also making bullish statements at Davos.
Despite securing another major commercial win, Palantir’s stock is down by more than 14.5% over the past month and over 6% over the past week. Hyundai said its operations are running almost 30% faster, driven by stronger data integration and automated scheduling.
Canadian investment bank RBC recommends cutting exposure to PLTR stock due to signs that its government data tracker suggests the tech giant is seeing a decline in both qualified contract value (QCV) and net annual contract value (ACV).
Analysts also have concerns about the long-term outlook for the company’s ecosystem. In the most recent research note, analysts said Palantir’s risk-reward profile is “skewed to the downside” ahead of the latest earnings on Monday.
During the Q3 2025 earnings report, Palantir guided for Q4 2025 revenue to be between $1.32 billion and $1.33 billion, representing 61% YoY growth. The company also raised its full-year 2025 revenue guidance to between $4.396 billion and $4.400 billion.
Investors will be watching for sustained triple-digit commercial growth in the AI Platform (AIP) bootcamps/deals and customer additions. Expansion in the commercial segment is now expected to account for 30% – 40% of revenue and to show that sales are diversifying beyond government.
