Palantir Technologies Inc. with ticker code (PLTR) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $35.00 and $5.00 suggesting an average Analsyt target price of $20.82. Given that the stocks previous close was at $25.21 this would imply there is a potential downside of -17.4%. Also worth taking note is the 50 day moving average now sits at $23.37 while the 200 day moving average is $18.98. The total market capitalization for the company now stands at 47.66B. The stock price is currently at: $21.40 USD
The potential market cap would be $39,357,032,470 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 178.33, revenue per share of $1.07 and a 2.9% 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.
