Palantir Technologies Inc. (PLTR) is trying to pull back to a demand imbalance on the monthly timeframe located around $11.42 per share. Palantir stock price has been stalling and stagnating for a few months since last February 2021 after the stock surged to all-time highs at almost $45 per share.
It’s likely that you’ve already heard the news that Palantir (PLTR) just reported a strong Q2 2021. It is a fact that there will probably be plenty of coverage of those results, including the tremendous growth and increased cash flow outlook. Do we really need to know about Palantir stock forecast by taking into consideration the second-quarter results?