Strategic partnerships announced recently could push valuations higher through increased recurring revenue. Before you buy stock in Palantir Technologies, consider this: Last week ended on a sour note for investors in Palantir Technologies ( NASDAQ:PLTR ) , an uncommon sight indeed for the AI stalwart. The companyâs share price has been on a steep incline throughout recent history, and PLTR has skyrocketed upwards by 345% during the trailing twelve months. The latest stock price PLTR closed at $24.18 in yesterday’s trading, up 3.5% on strong institutional buying. Short-term momentum is backed by rising volume, indicating potential continuation above the $25 resistance level if macro sentiment remains stable. Analysts are eyeing earnings growth in the AI analytics sector as a tailwind.