Palantir Technologies Inc. (PLTR)
NASDAQ: PLTR · Real-Time Price · USD
76.05
+2.98 (4.08%)
Jan 22, 2025, 11:46 AM EST - Market open

Palantir Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Palantir stock have an average target of 41.36, with a low estimate of 9.00 and a high estimate of 75. The average target predicts a decrease of -45.61% from the current stock price of 76.05.

Analyst Consensus: Hold
Target Low Average Median High
Price $9.00 $41.36 $41 $75
Change -88.17% -45.61% -46.09% -1.38%

Analyst Ratings

The average analyst rating for Palantir stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 222111
Buy 211111
Hold 677788
Sell 322334
Strong Sell 222222
Total 151414141516

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Sell
Initiates
$60
Sell Initiates $60 -21.10% Jan 6, 2025
Mizuho
Mizuho
Sell
Maintains
$37$44
Sell Maintains $37$44 -42.14% Dec 13, 2024
Baird
Baird
Hold
Initiates
$70
Hold Initiates $70 -7.96% Dec 12, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$55$75
Strong Buy Maintains $55$75 -1.38% Nov 25, 2024
Wedbush
Wedbush
Buy
Maintains
$57$75
Buy Maintains $57$75 -1.38% Nov 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.87B
from 2.23B
Increased by 28.81%
Revenue Next Year
3.57B
from 2.87B
Increased by 24.46%
EPS This Year
0.39
from 0.09
Increased by 330.98%
EPS Next Year
0.48
from 0.39
Increased by 24.05%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
742.56M1.09B1.54B1.91B2.23B2.87B3.57B4.31B
Revenue Growth
24.71%47.15%41.11%23.61%16.75%28.81%24.46%20.89%
EPS
-1.02-1.20-0.27-0.180.090.390.480.58
EPS Growth
-----330.98%24.05%21.22%
Forward PE
-----196.06158.06130.39
No. Analysts -----232314
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 3.0B 4.0B 4.7B
Avg 2.9B 3.6B 4.3B
Low 2.7B 3.2B 3.9B

Revenue Growth

Revenue Growth 202420252026202720282029
High
34.9%
39.1%
32.4%
Avg
28.8%
24.5%
20.9%
Low
21.1%
13.2%
8.4%

EPS Forecast

EPS 202420252026202720282029
High 0.43 0.56 0.68
Avg 0.39 0.48 0.58
Low 0.33 0.39 0.50

EPS Growth

EPS Growth 202420252026202720282029
High
378.3%
43.5%
41.8%
Avg
331.0%
24.0%
21.2%
Low
270.2%
1.1%
3.9%
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.