- Summary:
- Barclays, Palantir and Nio share price momentum are looking up, fueled by a positive upturn in their fundamentals in recent days.
Table of Contents
Barclays
The momentum on Barclays share price has created a favourable sentiment that will likely provide fundamental support to the stock. Barclays Bank (LSE: BARC) is up by 13% year-to-date and gained 3.5% in the last month. The bank’s acquisition of Tesco has proven to be a good deal, as it brought in £600 million and boosted 2024 pre-tax profits by over 25%.
Also, the Barclays Bank share price is supported by its cost-cutting measures aimed at saving it £2 billion in the next three years. The period will see Barclays shift its focus from investment banking to domestic lending, targeting retail consumers and business enterprises.
Barclays Share Price Prediction
Pivot: Barclays share price pivots at GBX 298. Action above that level favours the buyers. Otherwise, the momentum will shift to the downside.
Resistance: The first resistance will likely be at GBX 305. Secondary resistance at GBX 310
Support: BARC price will likely find initial support at GBX 294. Action below that level will invalidate the upside narrative. That could clear the path to test GBX 290.
Palantir
Palantir stock price rose by 340% in 2024, fueled by a high demand for AI software. However, 2025 is off to a challenging start, underlined by the storm created by Chinese startup, DeepSeek and the current sour trade tariff ecosystem. Nonetheless, Palantir gave a strong guidance for its performance in 2025, projecting its sales to rise to $3.74 billion. This augurs well for the stock price upside.
The company cemented its upward-inclined growth outlook in last week’s Artificial Intelligence Platform Conference (AIPCon). During the conference, Palantir (NASDAQ: PLTR) revealed that it had bagged six major customers who are buying its “Warp Speed” software.
The software enhances manufacturing efficiency and helps optimise production. Significantly, it proves the company’s ability to branch off from government contracts into industrial AI applications, signaling a potentially bigger growth front. This sets up Palantir stock price for continued upside.
Palantir Stock Price Prediction
Pivot: The pivot level for Palantir is at $83.40
Resistance: The first hurdle will likely be at $87.00. A stronger momentum will breach that level and test $89.75.
Support: PLTR price is likely to find its first support at $81.35. The upside narrative will be invalid if the stock breaks below that level. An extended control by the sellers could send the price action lower to test $78.45.
Nio
Nio stock price is pumped up on news of the company’s deal with the world’s largest battery manufacturer, Contemporary Amperex Technology Company Limited (CATL). The deal will see CATL invest $346 million, with the two companies partnering to expand a network of EV battery swapping stations across China. Also, it has providion for a potential inclusion of capital cooperation.
Nio’s battery swapping stations have been a hit with EV owners, as they help save time that would have been otherwise spent in waiting for batteries to recharge. Instead, drivers simply hand over their drained batteries and get fully charged ones in a few minutes. With more than 3,000 swapping stations in China, this business model has given Nio (NYSE: NIO) an edge and will likely help it increase its sales numbers.
Also, Nio stock price will ride on the anticipated uptick in investor interest ahead of announcement of its quarterly earnings results on March 21. The company started selling low cost Onvo L60 EV models and expanded into the MENA region in Q4 2024, and that will likely result in earnings uptick.
Nio stock price prediction
Pivot: Nio stock price pivots at $5.20
Resistance: The first barrier for Nio will likely be at $5.35. A stronger upward momentum will break above that level and target the next resistance at $5.45.
Support: Primary support is likely to be at $5.10. Breaking below that level will invalidate the upside narrative. Also, it could result in a stronger downward momentum to test the resilience at $5.00.
