To The Moon

After $Palantir Technologies Inc.(PLTR)$ announced that it will be hosting its sixth artificial intelligence conference for customers on Thursday (13 Mar 2025), this comes after a sudden gloom for AI stocks in the market.

Palantir closed 7.17% higher on Wednesday (12 Mar) as analysts focused on potential new customers such as $Walgreens Boots Alliance(WBA)$ and others previewed in a news release.

I have a long-term position for Palantir in my portfolio and I believe there is still much potential coming up despite the recent price volatility move.

Stock Performance Likely To Be Influenced By Potential New Customer Gains

Palantir's stock performance after its AIPCon 6 event on 13 March 2025, is expected to be influenced by the event's announcements and potential new customer gains, but analysts remain cautious, with the stock still trading below its year-to-date high. 

If we looked at PLTR is moving, palantir's stock is currently trading at $83.65, below its 12, 26, and 50-day exponential moving averages. The 12-day EMA at $85.72, 26-day EMA at $89.23, and 50-day EMA at $86.20 all suggest continued selling pressure.

The RSI at 45.20 signals that the stock is not quite oversold. The 200-day EMA at $59.59, however, hints at longer-term strength.

Do note that there is a RSI crossover formed as RSI is crossed above the RSI MA which normally indicate a bullish reversal coming.

Here are the factors that I think would influencing how Palantir stock would be moving to AIPCon 6. In this article I would like to examine how PLTR have fared in past AIPCon event as well.

AIPCon 6: The event, which Palantir is hosting on March 13th, is expected to showcase advancements in its AI platform (AIP) and potentially feature new customer announcements and demos. 

New Customer Announcements: Palantir has already announced new customers for its AI products, including Walgreens, AT&T, and Delta Airlines, which could boost investor sentiment. 

Defense Contracts: Palantir's significant presence in the defense sector and potential new contracts could also drive stock performance. 

Analyst Outlook: While some analysts remain bullish, others are cautious, suggesting that Palantir needs to demonstrate more revenue progress from its AI products. 

Revenue Growth: Palantir's revenue growth has been decelerating, with some analysts expressing concerns about the company's ability to sustain its growth trajectory. 

Overvaluation: Some analysts suggest that Palantir's stock may be overvalued, with a P/E ratio of 252x for 2025 and 204x for 2026. 

While investors might be interested to see how PLTR could gather a short term rally as AIPCon 6 could provide a narrative boost for Palantir's stock, potentially leading to a short-term rally. 

But if the event fails to generate significant excitement or if Palantir's AI products don't deliver on their promise, the stock could continue its bearish trend. 

I would think Palantir's expanding influence in the AI and data analytics space, along with its government contracts, could drive long-term growth. 

How Palantir (PLTR) Stock Move For AIPCon In 2024

In 2024 AIPCon, there was a positive trend in the stock price leading up to the AIPCon, driven by anticipation of positive news. However, the stock price is subject to many factors, and it is important that we understand how the following factors had influenced the move in 2024.

Pre-AIPCon Momentum: There was observed upward momentum in Palantir's stock price leading up to the AIPCon event. This was fueled by investor anticipation of potential major AI announcements and new client partnerships. Specifically there was a notable rise in the stock price the day before AIPCon.  

AIPCon as a Catalyst: AIPCon is seen as a significant event for Palantir, where they showcase their AI platform's advancements. Historically, these events have acted as catalysts for the stock. Investors were looking for new customer announcements, and further information regarding the demand for Palantir's AI offerings.  

Factors Affecting Price: It's important to note that Palantir's stock price, like any other, is influenced by various factors beyond just the AIPCon. These include: Overall market conditions. Investor sentiment. Economic factors. Analyst ratings. Defense budget changes.  

Analyst perspective: It is worth noting that even with the positive movement around the AIPCon, that analyst where still giving a "Hold" rating on the stock.

PLTR stock price have gained only about 10% immediately after its AIPCon in 2024, and during that period PLTR is trading above the 12/26/50 EMA, and the RSI is in the overbought region, so are we going to see that same repeat?

One thing we can find a bit of similarity is there is a RSI crossover happening before the AIPCon 2024 which happened on 12 Sep 2024.

Summary

Post-AIPCon, PLTR’s stock saw significant gains, driven by strategic positioning in AI, strong earnings, and sector trends. While the event itself catalyzed initial interest, sustained growth was reinforced by execution and broader market dynamics.

1. AIPCon Impact: Highlighted Palantir’s AI capabilities, boosting investor confidence.

2. Earnings Growth: Subsequent quarters validated AIP’s commercial traction.

3. Market Sentiment: AI sector momentum and macroeconomic factors played roles.

Appreciate if you could share your thoughts in the comment section whether you think Palantir would be able to repeat the same performance post-AIPCon like how it did in 2024.

@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.