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FAQs
Palantir Technologies (PLTR) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Palantir Technologies is $21.89. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $35.00 ,the lowest forecast is $9.00. The average price target represents 2.10% Increase from the current price of $21.44.
What is the prediction for PLTR stock? ›| Current Price | $ 21.72 |
|---|---|
| Price Prediction | $ 24.73 (14.35%) |
| Fear & Greed Index | 39 (Fear) |
| Sentiment | Neutral |
| Volatility | 4.10% |
| High | $35.00 |
|---|---|
| Median | $22.00 |
| Low | $9.00 |
| Average | $21.53 |
| Current Price | $20.94 |
The financial health and growth prospects of PLTR, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
How much will PLTR make in 2024? ›For full year 2024, we expect: Revenue of between $2.652 - $2.668 billion. US commercial revenue in excess of $640 million, representing a growth rate of at least 40%. Adjusted income from operations of $834 - $850 million.
What is the 5 year forecast for PLTR stock? ›Considering the points discussed above, it is not surprising to see that analysts expect Palantir to clock annualized earnings growth of 85% over the next five years. If that prediction is borne out, its earnings could rise from 2023's $0.25 per share to $5.42 per share after five years.
How much will Palantir be worth in 2025? ›| Year | Mid-Year | Year-End |
|---|---|---|
| 2024 | $22.10 | $30.94 |
| 2025 | $33.95 | $41.59 |
| 2026 | $45.74 | $52.60 |
| 2027 | $59.36 | $61.17 |
Including the latest quarter results, Palantir has outperformed its guidance numbers in the past five quarters. CEO Karp has reiterated guidance for 2024 adjusted FCF of $800 million to $1 billion affirming Palantir's sustained and growing profitability.
Is Palantir a buy or sell? ›While Palantir can be a good buy for the long term, its price remains excessively high, and it may take a long time before the stock can justify this type of valuation. There are simply better-priced growth stocks out there to choose from than Palantir right now.
Is Palantir a good stock to buy long term? ›Fair Value Estimate for Palantir Stock
With its 2-star rating, we believe Palantir's stock is overvalued compared with our long-term fair value estimate of $16 per share, which implies a 2024 enterprise value/sales multiple of 12 times.
Who are the biggest investors in PLTR? ›
Largest shareholders include Vanguard Group Inc, BlackRock Inc., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Renaissance Technologies Llc, VIMSX - Vanguard Mid-Cap Index Fund Investor Shares, State Street Corp, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index Fund Investor ...
Who is buying PLTR stock? ›| Holder | Shares | Date Reported |
|---|---|---|
| Vanguard Group Inc | 196.83M | Mar 31, 2024 |
| Blackrock Inc. | 112.68M | Mar 31, 2024 |
| Renaissance Technologies, LLC | 47.36M | Mar 31, 2024 |
| State Street Corporation | 39.84M | Dec 31, 2023 |
A weak outlook, lack of diversification and reliance on fickle government contracts makes Palantir vulnerable. After more than doubling, expectations are for a big drawdown in the share price. While the stock has dropped steeply since the Q1 print, the consensus view is that it has further to fall.
What is the PLTR prediction for 2030? ›Right now, Palantir is only expecting its revenue to rise by around 20% for the current year. Based on those assumptions, by the end of 2030, Palantir's revenue could come in at around $10.6 billion per year. Assuming a 20% profit margin would mean that its per-year earnings would be around $2.1 billion by then.
Is there a future for Palantir? ›Pioneering the future with AIP to capture the $225 billion market. Palantir is gearing up to make substantial strides in the rapidly growing AI market, which is projected to reach $225 billion by 2027. With its innovative AIP, the company is poised to boost its net margins and revenue significantly.
Does PLTR pay dividends? ›PLTR does not currently pay a dividend.
What is the PLTR 12 month stock forecast? ›Stock Price Forecast
The 15 analysts with 12-month price forecasts for Palantir stock have an average target of 19.3, with a low estimate of 7.50 and a high estimate of 35. The average target predicts a decrease of -9.98% from the current stock price of 21.44.
Palantir's market capitalization is $46.01 B by 2.13 B shares outstanding. Is Palantir stock a Buy, Sell or Hold? Palantir stock has received a consensus rating of hold.
Is Palantir expected to grow? ›Fair Value Estimate for Palantir Stock
We forecast Palantir's revenue to grow at a 21% compound annual growth rate over the next five years as the firm expands both governmental and commercial operations.
According to Wall Street, Palantir Technologies features a Moderate Sell consensus rating based on two Buys, five Holds, and six Sells in the past three months. At $19.67, the average PLTR stock price target suggests 4.5% downside potential.