Palantir Technologies Inc. – Consensus ‘hold’ rating and -26.4% Downside Potential

Broker Ratings
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Palantir Technologies Inc. which can be found using ticker (PLTR) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $30.00 and $5.00 with the average target price sitting at $18.71. Given that the stocks previous close was at $25.41 this would indicate that there is a downside of -26.4%. The 50 day moving average now sits at $18.34 and the 200 day MA is $16.37. The company has a market cap of 53.18B. The stock price for Apple Inc. is $24.44 USD

The potential market cap would be $39,158,607,669 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 271.56, 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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