Palantir Technologies Inc (NYSE:PLTR) has a beta value of 2.76 and has seen 30.14 million shares traded in the last trading session. The company, currently valued at $50.52B, closed the last trade at $22.83 per share which meant it gained $0.31 on the day or 1.38% during that session. The PLTR stock price is -20.46% off its 52-week high price of $27.50 and 68.11% above the 52-week low of $7.28. The 3-month trading volume is 68.50 million shares.
Palantir Technologies Inc (NYSE:PLTR) trade information
Sporting 1.38% in the green in last session, the stock has traded in the green over the last five days, when the PLTR stock price touched $22.83 or saw a rise of 1.13%. Year-to-date, Palantir Technologies Inc shares have moved 32.96%, while the 5-day performance has seen it change 8.87%. Over the past 30 days, the shares of Palantir Technologies Inc (NYSE:PLTR) have changed -0.78%.
Palantir Technologies Inc (PLTR) estimates and forecasts
Figures show that Palantir Technologies Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 49.31% over the past 6 months, with this year growth rate of 32.00%, compared to 18.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 60.00% and 60.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 21.90%.
12 analysts offering their estimates for the company have set an average revenue estimate of $625.33 million for the current quarter. 12 have an estimated revenue figure of $653.37 million for the next quarter concluding in Jun 2024. Year-ago sales stood $525.19 million and $532.71 million respectively for this quarter and the next, and analysts expect sales will grow by 19.10% for the current quarter and 22.70% for the next.
PLTR Dividends
Palantir Technologies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
