Palantir-Nvidia AI partnership, earnings growth: Palantir stock trades lower amid selling pressure

Palantir-Nvidia AI partnership, earnings growth: Palantir stock trades lower amid selling pressure
Palantir slips 0.90% to $153.69 today

Palantir Technologies Inc (PLTR) is trading at $153.69, above both the MA-20 ($144.95) and MA-50 ($153.10), but below the MA-200 ($163.12). This setup reflects short- and medium-term bullish momentum, while long-term resistance persists.

PLTR price prediction
24H -0.12%
$129.17
48H -0.36%
$128.87
7D -2.17%
$126.53
1M 6.54%
$137.79
3M 24.62%
$161.17
6M 67.32%
$216.39
12M 16.18%
$150.26
Current price: $ 129.33 -2.7400 2.07%
Closed 06/10
Daily range 129.30 Arrow from to Icon 133.17
Weekly range 127.35 Arrow from to Icon 146.37
Loading...

Highlights

  • Palantir partnered with Nvidia to deliver sovereign AI operating systems, driving accelerated deployments across commercial and defense sectors.
  • U.S. commercial revenue grew 109% to $1.5 billion while government revenue rose 55% to $1.9 billion in 2025, supported by new defense and industrial partnerships.
  • PLTR trades in a short-term bullish but overbought zone, with price expected to consolidate between $150.17 and $155.91 in the near term.

AI partnerships and revenue gains amid broader selling pressure

Palantir announced a partnership with Nvidia to develop sovereign AI operating systems, integrating Nvidia's hardware with Palantir's software for accelerated AI deployment across a range of sectors. The company reported U.S. commercial revenue growth of 109% year over year to $1.5 billion for the full year of 2025, and U.S. government revenue increased by 55% to $1.9 billion. New collaborations include involvement with the U.S. Navy's ShipOS initiative for shipbuilding modernization, and newly signed partnerships with GE Aerospace and Centrus Energy to expand AI use in defense and commercial fields. Additional efforts to promote AI adoption, such as the launch of AIP bootcamps and partnerships with Ondas Inc. and World View Enterprises for AI-enabled intelligence and surveillance solutions, were also disclosed, though price action has remained under broader selling pressure.

Palantir Technologies asset chart
Palantir Technologies price dynamics. Source: TradingView.

Mixed momentum and overbought signals as resistance persists

Momentum signals for PLTR are mixed, with the MACD on daily showing bullish momentum and the ADX pointing to a neutral trend. The Ichimoku Kijun level at $143.84 acts as immediate support, while the price remains below the MA-200 at $163.12, indicating persistent long-term resistance. Both RSI and CCI are in buy territory, but Stoch RSI and Bull/Bear Power (BBP) are signaling overbought conditions, suggesting persistent buyer strength but signs of potential fatigue. Intraday, PLTR opened just below the previous close with moderate volatility and is trading near the lower end of the intraday range, in line with recent buyer dominance but also reflecting possible exhaustion as overbought signals increase.

Sideways trading favored as breakout odds remain low

In the short term, PLTR is projected to consolidate within a $150.17 to $155.91 volatility band relative to current levels over the next five trading days. The probability of a move higher is estimated to be less than 20%, making further downside more likely. Baseline expectations favor sideways action within this range, with a potential bullish breakout above $155.91 or further weakness if the price moves below $150.17.

Anton Kharitonov, analyst at Traders Union, sees Palantir showing mixed signals as bullish momentum in the short and medium term runs into strong resistance from the long-term trend. He notes solid fundamental progress, but remains critical given recent overbought readings and persistent selling pressure. The base case is sideways movement with a downward risk if $150.17 breaks. "Until PLTR clears the $163.12 resistance, I remain cautious and see more risk than upside in the short term."

Palantir’s short- and medium-term momentum remained constructive despite persistent long-term resistance and cautionary overbought signals. The current setup strengthens this outlook, as new AI-driven partnerships reinforce the company’s commercial and government momentum, but traders should monitor for potential shifts in direction given increasing signs of exhaustion and elevated volatility near key technical levels.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.