Palantir Technologies Inc. (PLTR)
NYSE: PLTR · Real-Time Price · USD
64.35
+2.99 (4.87%)
At close: Nov 22, 2024, 4:00 PM
64.07
-0.28 (-0.44%)
After-hours: Nov 22, 2024, 4:33 PM EST
Palantir Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Palantir stock have an average target of 32.25, with a low estimate of 9.00 and a high estimate of 50. The average target predicts a decrease of -49.88% from the current stock price of 64.35.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Palantir stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 5 | 4 | 6 | 7 | 7 | 7 |
| Sell | 3 | 4 | 3 | 2 | 2 | 3 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 14 | 14 | 15 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $16 → $41 | Hold | Maintains | $16 → $41 | -36.29% | Nov 7, 2024 |
| Jefferies | Jefferies | Hold → Sell Downgrades $28 | Hold → Sell | Downgrades | $28 | -56.49% | Nov 7, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $28 → $47 | Hold | Maintains | $28 → $47 | -26.96% | Nov 5, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $35 → $38 | Hold | Maintains | $35 → $38 | -40.95% | Nov 5, 2024 |
Financial Forecast
Revenue This Year
2.86B
from 2.23B
Increased by 28.45%
Revenue Next Year
3.54B
from 2.86B
Increased by 23.79%
EPS This Year
0.38
from 0.09
Increased by 325.00%
EPS Next Year
0.47
from 0.38
Increased by 24.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 4.0B | 4.6B | ||
| Avg | 2.9B | 3.5B | 4.3B | ||
| Low | 2.7B | 3.2B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.9% | 39.5% | 30.4% | ||
| Avg | 28.4% | 23.8% | 20.4% | ||
| Low | 21.0% | 13.5% | 9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.43 | 0.56 | 0.68 | ||
| Avg | 0.38 | 0.47 | 0.57 | ||
| Low | 0.32 | 0.39 | 0.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 378.3% | 45.5% | 43.8% | ||
| Avg | 325.0% | 24.1% | 21.1% | ||
| Low | 259.3% | 2.5% | 1.2% |
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.