Palantir Technologies Inc. (PLTR)
NASDAQ: PLTR · Real-Time Price · USD
80.55
+6.34 (8.54%)
At close: Dec 20, 2024, 4:00 PM
80.70
+0.15 (0.19%)
After-hours: Dec 20, 2024, 7:59 PM EST
Palantir Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Palantir stock have an average target of 37.64, with a low estimate of 8.00 and a high estimate of 75. The average target predicts a decrease of -53.27% from the current stock price of 80.55.
Analyst Consensus: Hold
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 4 | 6 | 7 | 7 | 7 | 8 |
| Sell | 4 | 3 | 2 | 2 | 3 | 3 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 14 | 15 | 14 | 14 | 14 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $3 → $8 | Strong Buy | Maintains | $3 → $8 | -90.07% | Dec 20, 2024 |
| Mizuho | Mizuho | Sell Maintains $37 → $44 | Sell | Maintains | $37 → $44 | -45.38% | Dec 13, 2024 |
| Baird | Baird | Hold Initiates $70 | Hold | Initiates | $70 | -13.10% | Dec 12, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $55 → $75 | Strong Buy | Maintains | $55 → $75 | -6.89% | Nov 25, 2024 |
| Wedbush | Wedbush | Buy Maintains $57 → $75 | Buy | Maintains | $57 → $75 | -6.89% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
2.87B
from 2.23B
Increased by 28.76%
Revenue Next Year
3.56B
from 2.87B
Increased by 24.12%
EPS This Year
0.39
from 0.09
Increased by 331.00%
EPS Next Year
0.48
from 0.39
Increased by 23.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.0B | 4.0B | 4.6B | |||
| Avg | 2.9B | 3.6B | 4.3B | |||
| Low | 2.7B | 3.2B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 34.9% | 39.2% | 29.8% | |||
| Avg | 28.8% | 24.1% | 20.4% | |||
| Low | 21.1% | 13.2% | 8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 378.3% | 43.5% | 42.2% | |||
| Avg | 331.0% | 23.8% | 21.3% | |||
| Low | 270.2% | 1.1% | 4.1% |
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.