Palantir stock price forecast: $149.35 resistance as PLTR drops 7.71%

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Palantir drops 7.71% to $129.91 today

Highlights

Palantir reported strong 2025 financials with revenue of $4.475 billion and net income reaching $1.625 billion.
Shares faced renewed pressure from UK regulatory scrutiny and critical investor commentary on rising AI competition.
Technical signals indicate pronounced bearish momentum, with PLTR expected to trade between $125 and $135 as selling persists.

Regulatory risks and investor criticism drive renewed selling

On April 8, 2026, Palantir reported 2025 revenue of $4.475 billion and net income of $1.625 billion. Shares experienced renewed scrutiny after regulatory concerns in the UK emerged, and further pressure followed public criticism by investor Michael Burry regarding increased competition in enterprise AI. In premarket hours the same day, Palantir was also affected by market attention around a Middle East ceasefire announcement, though price action has remained under broader selling pressure.

Negative momentum persists as PLTR trades near volatility lows

PLTR trades well below its SMA-20 ($150.09), SMA-50 ($145.63), and SMA-200 ($164.28), indicating short-, medium-, and long-term trends remain firmly under pressure from sellers. The Ichimoku Kijun sits at $149.35, marking immediate resistance above the current price. Momentum signals are negative, with MACD and ADX both pointing to weak, selling-driven momentum. The RSI and CCI are in sell territory, while Stoch RSI is oversold, confirming that the stock is deeply out of favor in the short term. BBP currently highlights seller dominance for the session. The Awesome Oscillator sits in neutral, thus not providing additional confirmation for the downward bias. PLTR opened lower ($138.82) than the previous close ($140.76), showing a gap down, and now trades near the bottom of today’s range ($129.82 — $138.84) after a high-volatility move down 7.71%. Intraday tone is distinctly negative with renewed pressure after the open, and daily momentum readings confirm this bearish bias.

Downside risk prevails as narrow band contains short-term outlook

Looking forward, the expected price range for the next five trading days is adjusted to $125 — $135, reflecting a volatility band relative to current levels amid recent swings. The probability of a price increase is very low (less than 20%), with downside movement more likely in the short term. The baseline scenario envisions PLTR moving sideways between $125 and $135. A bullish scenario requires a daily close above immediate resistance at $149.35, while a bearish scenario sees further selling below $125, with indicators still favoring downward risk.

Anton Kharitonov, Traders Union expert, sees Palantir Technologies Inc trading under continued selling pressure, with all major trend indicators pointing lower. He notes that recent regulatory concerns and public criticism have dampened sentiment, while momentum readings remain negative. Kharitonov believes the stock is likely to stay locked within the $125 — $135 range for now, with minimal chance of a sustainable reversal. "Until PLTR can reclaim resistance above $149.35 and shift sentiment, I remain firmly defensive on the stock," he says.

Earlier, analysts noted that Palantir's positive business momentum contrasted with persistent bearish technical signals, suggesting continued downside risk despite contract wins and revenue growth. The latest sharp selloff, deepening negative momentum, and regulatory headwinds now reinforce the bearish scenario, with traders advised to monitor for further deterioration toward the $125 level as renewed volatility drives near-term risk.

Source of Data: PLTR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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.