QQQ Buying MILLIONS of Palantir Stock Shares

Palantir investors received exciting news as the stock was added to the Nasdaq 100 Index, which means it will also become a part of the QQQ ETF. In this video, I use simple math to determine how many shares of PLTR will likely be purchased by the Invesco QQQ. Spoiler alert - the answer is in the millions!

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The following stocks are featured in this video:
QQQ - Invesco QQQ Trust ETF
PLTR - Palantir Technologies Inc.

What are your 2025 price predictions for $PLTR? Share your take in the comments!

DISCLAIMER: This post includes my opinions (which may not reflect those of Seeking Alpha) and is not individualized investment advice. Some of the product or service links featured here are affiliate links. I may receive a commission for purchases made through these links.

[finance]

Ended up pretty accurate! The final on 12/23/24 was 44, 055, 755 shares worth $3, 548, 691, 065 and 1.103% See 6:23
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[GrantAndrews]

Also important to consider is that Palantir's average daily volume for the last 30 days has been 91, 000, 000 shares. Given the QQQ is roughly buying half a day's volume sometime between when they knew PLTR would be part of their offering and the 23rd, it could in fact be they have already acquired a considerable number. They probably own a bunch of call options as well.

[KingRichKang]

PLTR $1, 000+ per share by 2026 or sooner

[oszb]

Great input, I was wondering how much to expect them to pick up and this is solid reasoning. Thanks for sharing your ideas.

[riverascourtesy]

What about the reoccurring buying? This should put the stock in a less volatile position.

[veronica]

The question is how much is this going to increase the price per share for Palantir?

[alps]

If there’s lots of buying as per this video …. Why has it been dropping and showing constant red sell offs

[chrisja]

When a stock get included it don't just explode in price because of the passive funds buying up. It's only on the original announcement we see a big gain in the shareprice.

I have never seen that happen.
Just see the current price action as of yesterday. -3, 87% as of 19th December because of the FED meeting, (Crazy that the market thought otherwise, economy was booming of course the rates would be kept higher for longer)

My take is that the price will not move substantially because of this index inclusion. That's my take. Everybody is selling PLTR right now because it's way too hyped so it's an easy way to unload at current valuations. PLTR down around 50% from current levels. Around 40$ a share is my bet.