Palantir Technologies (NASDAQ: PLTR) is a strong recovery, with the stock price closed at $ 83.65, which represents a profit of 7.17 % on March 12. This apostasy continues a sharp decrease in February, when it crashed less than $ 100, which increased his long -term fears.
This recession was recently fueled by reports that the Defense Ministry (DOD) may implement budget discounts as part of a broader government level, which is a major challenge for the company, which depends greatly on government contracts.
In addition to the declining feelings, the investor’s confidence achieved great success after reports appeared that CEO Alex Carb has adopted a new plan for shares, which enabled him to sell nearly 10 million shares over the next six months, which led to additional pressure on the stock.
However, despite these challenges, Palantir regains momentum as investors focus on a series of upscale stimuli that indicate that the long -term growth story of the company is still sound.
The US military contract in Baldir: a great growth stimulus
One of the biggest drivers behind the last Baltreer Rally is the success of handing over two horses to reach the Tactical intelligence target to the US military. These trucks, designed to process the battlefield data for advanced targeting, are part of a $ 178.4 million decade to develop 10 ground systems of the following intelligence.
The project advances as planned, as it is expected to complete all ten systems by 2026.
While the army did not reveal the potential volume of full production order, the internal estimates of Palantir expect future purchases to 100 to 150 vehicles.
AIPCON to provide more gains
In addition to its defensive business, Palantir is actively expanding its customer base, as it deals with long -term investor concerns about its dependence on government contracts.
The upcoming AIPCON AI platform conference (AIPCON) was born on March 13, as Palantir recently unveiled a group of previously Non -teachers participants.
According to For William Lowy Dybalma analyst, at least nine new companies have been identified, including Walgrens, R1 RCM, KKR, Saildrone, DeTa Air Lines, Heineken and Ripcord. Among them, Walgrens emerged, where Palantir recently announced a $ 67 million contract with a major American pharmacy to achieve a prescription to download and communicate with the patient.
Although it is still unclear whether the deal with Walgrens or CVS, Dipalma noticed that CVS also seems to be an unknown Palantir customer, based on data tracking.
AI strategic partnership with KT
Palantir also checks the Asian artificial intelligence market, thanks to the newly announced strategy partnership With the giant South Korea Korea K.
Cooperation will integrate the AI’s data analysis program into Palantir into the cloud infrastructure and networks of KT, with a focus on organized industries such as financing, as security and compliance are major concerns.
Outlook Palantir Stock Outlook: Can the gathering continue?
The expansion of AI-Palantir continues, and the growing institutions are adopting in the promotion of upward morale, with the shares increased by 234 % during the past year.
However, while the long -term Baltreer capabilities seem strong, its way to $ 100 in the short term is still uncertain, especially with the budget cuts and the broader economic doubts that wave on the horizon.
The real test will be whether the Palantir can expand successfully in the private sector and prove that AI solutions can push the growth of sustainable revenues.
With the focus of AIPCON and the deals of the new institutions in focus, investors will closely monitor to see if the Palantir can keep its momentum or whether the short -term challenges will lead to another withdrawal in the coming months.
Distinctive image via Shutterstock
