Palantir Technologies Inc. (PLTR)
NYSE: PLTR · IEX Real-Time Price · USD
21.76
+0.11 (0.51%)
At close: May 17, 2024, 4:00 PM
21.75
-0.01 (-0.05%)
After-hours: May 17, 2024, 7:59 PM EDT
Palantir 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 -11.31% from the current stock price of 21.76.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Palantir stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 5 | 7 | 7 | 7 | 7 |
| Sell | 3 | 4 | 3 | 3 | 3 | 3 |
| Strong Sell | 2 | 2 | 1 | 2 | 2 | 2 |
| Total | 14 | 14 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +5.70% | May 7, 2024 |
| Citigroup | Citigroup | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +14.89% | May 7, 2024 |
| RBC Capital | RBC Capital | Sell Maintains $5 → $9 | Sell | Maintains | $5 → $9 | -58.64% | May 7, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $19 → $24 | Hold | Maintains | $19 → $24 | +10.29% | May 7, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Sell Maintains $18 → $20 | Strong Sell | Maintains | $18 → $20 | -8.09% | May 7, 2024 |
Financial Forecast
Revenue This Year
2.77B
from 2.23B
Increased by 24.40%
Revenue Next Year
3.29B
from 2.77B
Increased by 18.89%
EPS This Year
0.34
from 0.09
Increased by 280.02%
EPS Next Year
0.40
from 0.34
Increased by 18.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.4B | 3.6B | 4.4B | 5.2B | 6.2B |
| Avg | 2.8B | 3.3B | 4.0B | 5.1B | 6.0B |
| Low | 2.6B | 3.0B | 3.5B | 4.9B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 51.0% | 30.1% | 32.4% | 30.9% | 21.7% |
| Avg | 24.4% | 18.9% | 20.9% | 27.2% | 18.3% |
| Low | 16.4% | 7.8% | 7.1% | 22.2% | 13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.43 | 0.47 | 0.53 | 0.57 | 0.70 |
| Avg | 0.34 | 0.40 | 0.48 | 0.55 | 0.68 |
| Low | 0.28 | 0.32 | 0.43 | 0.53 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 378.3% | 38.2% | 31.9% | 17.7% | 27.7% |
| Avg | 280.0% | 18.0% | 19.4% | 14.3% | 24.1% |
| Low | 215.8% | -5.4% | 6.8% | 9.8% | 19.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.