Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 10 Nov, 25 | PLTR | Buy | USD 177.93 | USD 187.0 | USD 197.0 | 2 days | Closed |
7.11%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.
Strong Revenue Acceleration: In Q3 FY25, Palantir’s revenue increased to USD 1,181.1 million from USD 725.5 million in Q3 FY24, representing a substantial year-over-year expansion of approximately 63% . This increase reflects broad-based customer growth across both Government and Commercial segments
Significant Improvement in Net Income: Net income attributable to common stockholders surged to USD 475.6 million in Q3 FY25, up from USD 143.5 million in Q3 FY24, representing more than a 231% increase. The sharp improvement was driven by strong revenue momentum and enhanced operating leverage
Increase in Cost of Revenue: Cost of revenue climbed to USD 207.3 million in Q3 FY25, compared to USD 146.6 million in Q3 FY24, an increase of USD 60.7 million or 41% year over year. This indicates a growing cost base required to support scaled deployments and service delivery
Higher Operating Expenses: Operating expenses rose materially, with consolidated operating costs increasing to USD 580.5 million in Q3 FY25 from USD 465.7 million in Q3 FY24, an increase of over USD 114.8 million. The rise reflects increased hiring, sales expansion, and higher stock-based compensation expense
Palantir faces key risks from rising operating costs, customer concentration in large government contracts, and potential volatility in macro-driven commercial spending, which could pressure margins and future growth visibility
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 177.93 | 160.0 | 187.0 | 197.0 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Strong Revenue Expansion: Palantir delivered another quarter of robust top-line performance, with revenue for Q3 FY25 rising to USD 1,181.1 million, significantly ahead of the USD 725.5 million recorded in Q3 FY24 . Growth was broad-based across both Government and Commercial segments, reflecting sustained adoption of the company’s platforms and continued execution on multi-year customer programs. The strong revenue trajectory demonstrates Palantir’s increasing relevance in enterprise-scale AI and data integration deployments.
Improved Profitability Profile: The company recorded a substantial improvement in profitability, with gross profit increasing to USD 973.8 million in Q3 FY25 versus USD 578.9 million in Q3 FY24 . Operating income rose sharply to USD 393.3 million from USD 113.1 million, supported by scale efficiencies and higher contribution margins across both operating segments. Net income attributable to common stockholders grew to USD 475.6 million, more than triple the USD 143.5 million posted in the prior-year period.
Balanced Operating Cost Management: Operating expenses increased year over year as Palantir accelerated investments in sales, product development, and administrative infrastructure. Sales and marketing expenses increased to USD 274.6 million from USD 209.5 million, while research and development costs rose to USD 144.2 million from USD 117.6 million. General and administrative expenses grew to USD 161.7 million from USD 138.7 million . These increases reflect ongoing expansion initiatives and higher personnel-related spending.
Significant Segment-Level Contribution Growth: Both Government and Commercial segments delivered strong contribution gains. Government contribution rose to USD 417.7 million, up from USD 243.2 million, while Commercial contribution increased to USD 360.4 million, compared to USD 190.0 million in Q3 FY24 . Contribution margins improved to 66% in both segments, up from 60%, highlighting improved pricing, operating leverage, and enhanced deployment efficiency.
Strengthening Financial Position: The company maintained a solid liquidity profile, supported by substantial cash, cash equivalents, and marketable securities totaling over USD 6.4 billion as of Q3 FY25. Operating cash flow remained strong, driven by higher net income and increased customer deposits. Palantir’s healthy capital structure continues to provide flexibility for investment in product capabilities and potential strategic opportunities.
Continued Customer Momentum and RPO Visibility: Remaining performance obligations grew to USD 2.6 billion, signaling strong forward revenue visibility across long-duration contracts, especially within the Government sector . Palantir also achieved deeper penetration across the U.S. and U.K. markets, with U.S. revenue alone constituting 75% of total revenue in the quarter, up from 69% a year earlier.
Technical Commentary:
PLTR's stock price has solidified strong support at crucial levels and is gradually rising, suggesting a possible short-term upward movement. The 14-period RSI is below the midpoint, which may indicate some buying interest from current levels. Additionally, the stock is trading below its major moving averages and could potentially retake these levels in the near term.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given on Palantir Technologies Inc. (NASDAQ: PLTR) at the closing market price of USD 177.93, as on Nov 07, 2025.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Technology Industry: Software - Infrastructure
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| PLTR Palantir Technologies Inc. |
9.76 6.61% | 157.52 | 248.71 | 58.48 | 18.02 | 11.77 | 16.23 | 167.02 |
| MSFT Microsoft Corporation |
-12.6575 2.99% | 410.71 | 37.32 | 29.94 | 13.03 | 12.45 | 13.06 | 24.59 |
| ORCL Oracle Corporation |
-5.8 3.62% | 154.26 | 29.34 | 18.66 | 5.55 | 74.06 | 7.10 | 18.13 |
| ADBE Adobe Systems Incorporated |
-21.225 7.23% | 272.15 | 46.32 | 26.81 | 11.51 | 16.73 | 11.55 | 31.20 |
| PANW Palo Alto Networks Inc |
-9.33 5.32% | 166.09 | 44.57 | 45.05 | 11.98 | 20.70 | 11.82 | 77.11 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on November 10, 2025. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
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