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