Palantir Technologies Inc. (PLTR)
NYSE: PLTR · IEX Real-Time Price · USD
25.83
-0.05 (-0.19%)
At close: Jul 2, 2024, 4:00 PM
25.92
+0.09 (0.35%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Palantir Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Palantir stock have an average target of 21.25, with a low estimate of 7.50 and a high estimate of 35. The average target predicts a decrease of -17.73% from the current stock price of 25.83.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 7 | 7 | 7 | 7 | 5 |
| Sell | 4 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 2 | 1 | 2 | 2 | 2 | 2 |
| Total | 14 | 14 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Monness, Crespi, Hardt | Monness, Crespi, Hardt | Hold → Strong Sell Downgrades $20 | Hold → Strong Sell | Downgrades | $20 | -22.57% | Jun 21, 2024 |
| Argus Research | Argus Research | Strong Buy Initiates $29 | Strong Buy | Initiates | $29 | +12.27% | Jun 17, 2024 |
| HSBC | HSBC | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | -10.96% | May 7, 2024 |
| Citigroup | Citigroup | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | -3.21% | May 7, 2024 |
| RBC Capital | RBC Capital | Sell Maintains $5 → $9 | Sell | Maintains | $5 → $9 | -65.16% | May 7, 2024 |
Financial Forecast
Revenue This Year
2.76B
from 2.23B
Increased by 23.82%
Revenue Next Year
3.32B
from 2.76B
Increased by 20.54%
EPS This Year
0.33
from 0.09
Increased by 272.14%
EPS Next Year
0.40
from 0.33
Increased by 19.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9B | 3.6B | 4.4B | 5.2B | 6.2B |
| Avg | 2.8B | 3.3B | 4.0B | 5.1B | 6.0B |
| Low | 2.6B | 3.0B | 3.6B | 4.9B | 5.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.1% | 30.6% | 31.2% | 31.8% | 21.7% |
| Avg | 23.8% | 20.5% | 19.1% | 28.0% | 18.3% |
| Low | 17.9% | 9.5% | 7.3% | 23.0% | 13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.37 | 0.46 | 0.53 | 0.60 | 0.74 |
| Avg | 0.33 | 0.40 | 0.49 | 0.58 | 0.71 |
| Low | 0.29 | 0.31 | 0.45 | 0.56 | 0.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 308.3% | 37.0% | 31.6% | 22.9% | 26.4% |
| Avg | 272.1% | 19.8% | 21.4% | 19.3% | 22.8% |
| Low | 226.7% | -6.4% | 12.3% | 14.7% | 18.0% |
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.