Palantir stock surged over 20% in extended trading on Monday after its fourth-quarter revenue and 2025 outlook beat Wall Street estimates. The stock has gained 11% year-to-date and has risen five-fold over the past year. Palantir shares appear poised to break out from a consolidation pattern on the chart, with technical analysis suggesting an upside target of $170 by late March. Investors should monitor the $85 level for potential buying interest, as it could transition from resistance to support. Should this level fail, the stock may drop to around $66, aligning with previous support zones.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Palantir stock surged over 20% in extended trading on Monday after its fourth quarter
00:07revenue and 2025 outlook beat Wall Street estimates.
00:10The stock has gained 11% year to date and risen fivefold over the past year.
00:15Palantir shares appear poised to break out from a consolidation pattern on the chart,
00:20with technical analysts suggesting an upside target of $170 by late March.
00:26Investors are advised to monitor the $85 level for potential buying interest
00:31as it could transition from resistance to support.
00:34Should this level fail, the stock may drop to around $66,
00:38aligning with previous support zones.