Palantir Technologies Inc. – Consensus ‘hold’ rating and -34.0% Downside Potential

Broker Ratings
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Palantir Technologies Inc. which can be found using ticker (PLTR) now have 13 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between 18 and 5 and has a mean target at $10.12. Given that the stocks previous close was at $15.33 this is indicating there is a potential downside of -34.0%. It’s also worth noting that there is a 50 day moving average of $12.21 and the 200 moving average now moves to $8.88. The market cap for the company is 32.88B. The stock price for the company is currently 15.52 USD

The potential market cap would be $21,704,322,770 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 -, revenue per share of 0.95 and a -2.1% 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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