Palantir Technologies Inc ($PLTR) Stock Forecast: Down 5.1% Today

What is Palantir Technologies Inc?

Palantir Technologies (PLTR) is a data analytics and software company known for its AI-enabled platforms. Today, PLTR experienced a strong bearish movement in the stock market.

Why is Palantir Technologies Inc going down?

PLTR stock is down 5.1% on Jan 29, 2026 17:42

• PLTR's bearish movement could be attributed to the new partnership with Innodata (INOD) for specialized data services for AI platforms. Despite the positive news of the collaboration, investors might have concerns about the potential impact on Palantir's financials or market positioning.
• The market reaction to the partnership news could also reflect uncertainties about the scalability and profitability of using computer vision for rodeo event analysis, which is the focus of the collaboration.
• Additionally, insider selling in Innodata (INOD) despite its strong financial health could have raised doubts among investors, indirectly affecting the sentiment towards Palantir Technologies (PLTR).
• Overall, the bearish movement in PLTR's stock today might be a result of a combination of factors, including market uncertainties surrounding the partnership with Innodata and broader investor sentiment towards the AI and data analytics sector.

PLTR Price Chart

PLTR Technical Analysis

PLTR News

INOD Stock Is Rising Today — What Is Its New Partnership With Palantir About?

Innodata (INOD) shares rose over 14% after announcing a new partnership with Palantir Technologies (PLTR). Innodata will provide high-quality training data and data engineering services, including specialized annotation for thousands of hours of rodeo video footage, to support Palantir's AI-enabled platforms for rodeo event analysis. This collaboration aims to use computer vision to detect performance metrics in rodeo activities, improving the experience for athletes and fans.

https://stocktwits.com/news-articles/markets/equity/inod-stock-rises-after-innodata-partners-with-palantir/cmyigAxR4Kw

Innodata stock surges after securing Palantir data engineering deal

Innodata Inc. (NASDAQ:INOD) saw its stock jump 13.8% after announcing a deal to provide training data and data engineering services to Palantir Technologies (NYSE:PLTR). This partnership involves delivering specialized annotation and data engineering for rodeo video footage to support Palantir’s AI-enabled platforms for rodeo event analysis, as well as multimodal data engineering and generative-AI workflow support for other Palantir programs. The collaboration emphasizes Innodata's role as a trusted data engineering partner and addresses the growing demand for high-quality data in AI applications.

https://www.investing.com/news/stock-market-news/innodata-stock-surges-after-securing-palantir-data-engineering-deal-93CH-4473651

INOD to Provide Specialized Data Services for Palantir's AI Plat

Innodata (INOD) has partnered with Palantir Technologies to provide high-quality training data and engineering services for Palantir's AI-driven platforms, specifically to enhance rodeo event analysis through advanced computer vision models. The collaboration leverages Innodata's expertise in annotation and data engineering for complex data types. Despite recent insider selling, Innodata demonstrates strong financial health with robust revenue growth, profitability, and an exceptionally high Altman Z-Score, though its valuation metrics suggest the stock may be overvalued.

https://www.gurufocus.com/news/8563229/inod-to-provide-specialized-data-services-for-palantirs-ai-platforms

Mitsubishi UFJ Trust & Banking Corp Reduces Stake in Lumen Technologies, Inc. $LUMN

Mitsubishi UFJ Trust & Banking Corp has reduced its stake in Lumen Technologies Inc. ($LUMN) by 27.0% in Q3, selling 454,527 shares and retaining 1,229,973 shares valued at approximately $7.53 million. Despite institutional investors owning 66.19% of Lumen, the company reported a negative return on equity and net margin, trading near $9.19 with a consensus "Hold" rating from analysts. Lumen's Q3 earnings beat estimates while revenue saw a year-over-year decline.

https://www.marketbeat.com/instant-alerts/filing-mitsubishi-ufj-trust-banking-corp-reduces-stake-in-lumen-technologies-inc-lumn-2026-01-29/

ENB.TO Enbridge Inc. (TSX) pre-market 29 Jan 2026: Most-active at C$65.80, watch yield

Enbridge Inc. (ENB.TO) is the most active TSX energy stock in pre-market trading on January 29, 2026, with its shares trading at C$65.80 on high volume. The company attracts investors with a 5.72% dividend yield, strong cash flow, and a B+ Meyka AI grade forecasting an 18.16% upside over 12 months, despite technical indicators showing some momentum weakness and elevated leverage. Upcoming earnings on February 13, 2026, and interest rate sensitivity are key factors to watch.

https://meyka.com/blog/enbto-enbridge-inc-tsx-pre-market-29-jan-2026-most-active-at-c6580-watch-yield-2901/

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Palantir Technologies Inc Price History

19.10.2025 - PLTR Stock was down 5.0%

• The bearish movement observed in Palantir stock could be attributed to profit-taking following recent gains and apprehensions about its third-quarter earnings.
• Despite PwC UK's substantial investment in Palantir, the market sentiment remained negative.
• Options trading activities hint at prominent investors taking a bearish stance, potentially intensifying the downward pressure on PLTR stock.
• Despite Palantir's robust track record, investor confidence appears subdued regarding its immediate prospects, driving the bearish performance in today's trading session.

08.00.2026 - PLTR Stock was down 5.1%

• Palantir Technologies (PLTR) witnessed a significant bearish trend today amid a broader market decline.
• The decline in PLTR's stock price may stem from profit-taking following recent increases and overall market instability.
• Moreover, the general market sentiment, influenced by various factors such as U.S. jobs data expectations and forthcoming commodity index rebalancing flows, likely played a role in PLTR's bearish performance.
• Despite the negative market movement, PLTR continues to stand out as a prominent player in the AI sector, alongside other industry peers, in the ever-changing realm of defense and government-oriented technology solutions.

21.00.2026 - PLTR Stock was down 5.1%

• The bearish movement in Palantir's stock could potentially be attributed to profit-taking following a recent price surge or concerns regarding the company's growth outlook.
• The general sentiment in the tech industry, illustrated by Google's decline and apprehensions surrounding Big Tech due to tariff uncertainties, might have influenced the downturn in PLTR's stock.
• Reports of a microcap company such as Venus Concept Inc. experiencing a crash post-delisting may have caused uneasiness among tech investors, triggering a broader sell-off that impacted Palantir as well.
• Speculations from Cathie Wood about an optimistic period in the stock market could be prompting investors to shift their investments towards more established tech giants like Microsoft, which could potentially affect smaller tech firms such as Palantir.

29.00.2026 - PLTR Stock was down 5.1%

• PLTR's bearish movement could be attributed to the new partnership with Innodata (INOD) for specialized data services for AI platforms. Despite the positive news of the collaboration, investors might have concerns about the potential impact on Palantir's financials or market positioning.
• The market reaction to the partnership news could also reflect uncertainties about the scalability and profitability of using computer vision for rodeo event analysis, which is the focus of the collaboration.
• Additionally, insider selling in Innodata (INOD) despite its strong financial health could have raised doubts among investors, indirectly affecting the sentiment towards Palantir Technologies (PLTR).
• Overall, the bearish movement in PLTR's stock today might be a result of a combination of factors, including market uncertainties surrounding the partnership with Innodata and broader investor sentiment towards the AI and data analytics sector.

26.10.2025 - PLTR Stock was up 5.5%

• Positive investor sentiment towards Palantir Technologies is driving the stock's surge.
• The overall uptrend in large-cap tech stocks, influenced by decreasing yields and hopes for a Fed rate cut, is boosting investor confidence in growth and AI companies like PLTR.
• Palantir's expansion of strategic partnerships in the UK, notably with PwC, is enhancing its competitiveness and contributing to investor optimism.
• Achieving a significant security milestone in Australia is further solidifying Palantir's market position, highlighting its success in rapidly evolving digital markets.

16.00.2026 - PLTR Stock was down 3.5%

• The decrease in Palantir's stock value might be explained by investors taking profits following a recent period of price increase.
• Despite positive sentiments from analysts, reports of executives selling shares in other tech companies have affected investor confidence, causing a sell-off in the tech sector and impacting PLTR.
• The announcement of acquisitions in the defense technology industry, particularly Parsons Corporation's expansion, may have diverted investor attention from tech stocks like Palantir, contributing to the stock's decline.
• General market instability and regulatory uncertainty within the tech sector may have also influenced the downward trend in Palantir's stock value today.

20.10.2025 - PLTR Stock was down 5.9%

• Recent accomplishments like achieving a significant security milestone in Australia and strengthening its collaboration with PwC UK did not prevent Palantir's stock from declining.
• The bearish trend might be linked to the aftermath of Palantir's third-quarter financial performance, which potentially fell short of market anticipations.
• Investor reactions could be influenced by overall market conditions or specific challenges within the sector affecting Palantir's stock trajectory.
• Monitoring Palantir's response to these hurdles and leveraging its strategic partnerships could be crucial in potentially reversing the current bearish trend.

02.00.2026 - PLTR Stock was down 5.3%

• Palantir's bearish movement today could be attributed to profit-taking by investors after a period of strong performance.
• The positive market sentiment may have led investors to reallocate funds to other promising opportunities, contributing to the downward pressure on PLTR.
• Despite the bearish movement, Palantir's long-term prospects remain solid, especially with the increasing demand for data analytics and AI technologies in various industries.
• It's essential for investors to monitor any further developments in the market and company-specific news to make informed decisions regarding Palantir's stock.

02.00.2026 - PLTR Stock was down 5.6%

• Possible concerns about AI infrastructure capital expenditure affecting tech stocks like Microsoft, Meta, and Amazon may have contributed to Palantir's bearish movement.
• The market's mixed session and erasing of early gains could have added to the downward pressure on PLTR.
• Palantir faced selling pressure while chip producers like Nvidia, Micron, and Intel saw sharp increases, possibly due to broader market uncertainties.
• Expectations of robust growth and potential interest rate cuts by the Federal Reserve may have negatively impacted Palantir's performance today in the context of overall market sentiment.

17.11.2025 - PLTR Stock was down 5.3%

• Despite recent insider buying and a favorable analyst consensus, Alumis (ALMS) saw a drop in its stock price, potentially creating a pessimistic sentiment in the market.
• Brunswick (BC) reaching a new 52-week high may have diverted investor attention from PLTR, contributing to its bearish performance.
• UBS's adjustment of the price target for CenterPoint Energy (CNP) alongside maintaining a "Buy" rating could have shifted investor focus away from PLTR, resulting in a negative impact on its market movement.
• Thurston Springer Miller Herd & Titak Inc. reducing holdings in Quanta Services (PWR) and CMS Energy Corporation (CMS) might have influenced the overall market sentiment, potentially contributing to the bearish movement in PLTR.

29.00.2026 - PLTR Stock was down 6.0%

• The bearish movement in PLTR's stock today could be attributed to profit-taking by investors after a recent bullish run or concerns about the company's financial performance.
• The acquisition of Ask Sage by BigBear.ai, a competitor in the AI solutions space, may have raised questions about increased competition for Palantir, impacting investor confidence in PLTR.
• Additionally, news of Roper Technologies experiencing margin compression despite strong earnings growth could have created a cautious atmosphere in the market, leading to a broader sell-off in tech-related stocks like Palantir.
• Investors may be closely monitoring upcoming earnings reports and financial indicators to assess the impact of these developments on Palantir's future performance and competitive positioning in the market.

17.11.2025 - PLTR Stock was down 1.5%

• An investment firm reduced its stake in CMS Energy Corporation and Chubb Limited, leading to some selling pressure on these stocks. Despite strong financial performances and positive guidance, the reduction in holdings may have influenced market sentiment negatively.
• Another investment firm increased its stake in Microsoft Corporation, showcasing confidence in the tech giant's future prospects. This positive sentiment towards Microsoft contrasts with the bearish movement in PLTR.
• An additional firm significantly increased its holdings in Danaher Corporation following strong Q3 earnings, indicating a bullish outlook on the company. This move highlights the divergent trends in different stocks within the market.
• Lowering earnings estimates for Everest Group to a "Strong Sell" rating may have contributed to overall market uncertainty, impacting stocks like PLTR. The negative outlook on Everest Group could have spillover effects on investor sentiment across various sectors.