From what 2 stock analysts predict, the share price for Palantir Technologies Inc (PLTR) might decrease by 37.32% in the next year. This is based on a 12-month average estimation for PLTR. Price targets go from $11 to $57. The majority of stock analysts believe PLTR is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedPLTR 0 buy ratings, 0 hold ratings, and 2 sell ratings. This means that analysts expect Palantir Technologies Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PLTR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PLTR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Gabriela Borges Goldman Sachs | Neutral | $41 | Maintains | Nov 7, 2024 |
Joseph Bonner Argus Research | Hold | Downgrade | Nov 7, 2024 | |
Brent Thill Jefferies | Underperform | $28 | Downgrade | Nov 7, 2024 |
Gil Luria DA Davidson | Neutral | $47 | Maintains | Nov 5, 2024 |
Michael Latimore Northland Capital Markets | Market Perform | $38 | Maintains | Nov 5, 2024 |
Matthew Broome Mizuho | Underperform | $37 | Maintains | Nov 5, 2024 |
Matthew Broome Mizuho | Underperform | $30 | Maintains | Oct 17, 2024 |
Daniel Ives Wedbush | Outperform | $45 | Maintains | Sep 26, 2024 |
Brian Gesuale Raymond James | Market Perform | Downgrade | Sep 23, 2024 | |
Mariana Perez B of A Securities | Buy | $50 | Maintains | Sep 10, 2024 |
Daniel Ives Wedbush | Outperform | $38 | Reiterates | Sep 9, 2024 |
Michael Latimore Northland Capital Markets | Market Perform | $35 | Initiates | Aug 22, 2024 |
Gabriela Borges Goldman Sachs | Neutral | $16 | Maintains | Aug 7, 2024 |
Rishi Jaluria RBC Capital | Underperform | $9 | Reiterates | Aug 6, 2024 |
Brian Gesuale Raymond James | Outperform | $30 | Maintains | Aug 6, 2024 |
Gil Luria DA Davidson | Neutral | $28 | Maintains | Aug 6, 2024 |
Brad Zelnick Deutsche Bank | Sell | $21 | Maintains | Aug 6, 2024 |
Daniel Ives Wedbush | Outperform | $35 | Reiterates | Aug 2, 2024 |
Tyler Radke Citigroup | Neutral | $28 | Maintains | Jul 30, 2024 |
Brent Thill Jefferies | Hold | $28 | Maintains | Jul 29, 2024 |
When did it IPO
2020
Staff Count
3,661
Country
United States
Sector/Industry
Technology/SoftwareโInfrastructure
CEO
Dr. Alexander C. Karp
Market Cap
$137.23B
In 2023, PLTR generated $2.23B in revenue, which was a increase of 16.75% from the previous year. This can be seen as a signal that PLTR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The data services market is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028, marking an 82.2% increase, according to Edge Delta.
Why It Matters - The projected 82.2% growth in the data services market indicates strong demand, signaling potential investment opportunities in tech companies and platforms focused on big data solutions.
Summary - Palantir's stock surged after its latest quarterly report, raising questions about its ability to maintain this momentum in the upcoming year.
Why It Matters - Palantir's stock surge indicates strong quarterly performance, raising questions about future growth potential and sustainability, which directly impacts investor confidence and decisions.
Summary - A high-growth company is gaining recognition in the artificial intelligence market, indicating potential investment opportunities in this sector.
Why It Matters - A high-growth company entering the AI market signals potential for significant returns and increased competition, influencing stock prices and investment strategies.
Summary - Dan Ives (Wedbush Securities) and Mariana Perez Mora (Bank of America) express optimism for Palantir stock, indicating positive outlooks from financial analysts.
Why It Matters - Positive analyst outlooks on Palantir stock suggest potential for price appreciation, indicating strong investor confidence and possible upward momentum in the market.
Summary - Mike Gallagher, head of defense at Palantir, discussed President-elect Trump's appointees, geopolitical threats, and Pentagon reforms in an interview on 'Squawk Box.'
Why It Matters - Gallagher's insights on Trump's appointees and Pentagon reforms may signal shifts in defense spending and policy, impacting defense stocks and overall market sentiment.
Summary - The AI-driven software company possesses several standout qualities that differentiate it from competitors, including leading firms like Nvidia.
Why It Matters - The company's unique qualities may indicate strong growth potential and competitive advantage, attracting investor interest and potentially boosting stock performance.