Palantir Technologies Inc. – Consensus ‘hold’ rating and -10.1% Downside Potential

Broker Ratings
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Palantir Technologies Inc. with ticker code (PLTR) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $35.00 and $5.00 calculating the mean target price we have $20.21. Now with the previous closing price of $22.48 this would imply there is a potential downside of -10.1%. The day 50 moving average is $22.95 while the 200 day moving average is $18.28. The company has a market cap of 50.80B. The stock price for Apple Inc. is $22.96 USD

The potential market cap would be $45,674,133,717 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 255.11, revenue per share of $1.04 and a 1.88% return on assets.

Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigations and operations. The Company’s three principal software platforms include Palantir Gotham (Gotham), Palantir Foundry (Foundry), and Palantir Apollo (Apollo). Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. It also facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats. Foundry transforms the ways organizations operate by creating a central operating system for their data. Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems and allowing its customers to run their software in virtually any environment.

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