Palantir Technologies Inc. with ticker code (PLTR) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $35.00 and $9.00 suggesting an average Analsyt target price of $21.45. Given that the stocks previous close was at $23.27 this would indicate that there is a downside of -7.8%. It’s also worth noting that there is a 50 day moving average of $22.08 and the 200 moving average now moves to $19.75. The market capitalization for the company is 52.49B. The current share price for the company is: $23.57 USD
The potential market cap would be $48,382,823,029 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 196.42, 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.
