Palantir Technologies Inc (NASDAQ:PLTR) has a beta value of 2.86 and has seen 74.72 million shares traded in the last trading session. The company, currently valued at $169.46B, closed the last trade at $74.39 per share which meant it lost -$1.36 on the day or -1.80% during that session. The PLTR stock price is -8.76% off its 52-week high price of $80.91 and 78.95% above the 52-week low of $15.66. If we look at the company’s 10-day average daily trading volume, we find that it stood at 97.07 million shares traded. The 3-month trading volume is 74.62 million shares.

The consensus among analysts is that Palantir Technologies Inc (PLTR) is Buy stock at the moment, with a recommendation rating of 3.43. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 14 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.

Palantir Technologies Inc (NASDAQ:PLTR) trade information

Sporting -1.80% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PLTR stock price touched $74.39 or saw a rise of 4.41%. Year-to-date, Palantir Technologies Inc shares have moved 333.26%, while the 5-day performance has seen it change 4.94%. Over the past 30 days, the shares of Palantir Technologies Inc (NASDAQ:PLTR) have changed 13.11%. Short interest in the company has seen 76.14 million shares shorted with days to cover at 0.96.

Wall Street analysts have a consensus price target for the stock at $41, which means that the shares’ value could drop -81.44% from current levels. The projected low price target is $16.0 while the price target rests at a high of $75.0. In that case, then, we find that the current price level is -0.82% off the targeted high while a plunge would see the stock lose 78.49% from current levels.

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 188.11% over the past 6 months, with this year growth rate of 52.00%, compared to 16.60% for the industry.

Earnings growth for 2024 is a modest 51.77% while over the next 5 years, the company’s earnings are expected to increase by 27.54%.

PLTR Dividends

Palantir Technologies Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Palantir Technologies Inc (NASDAQ:PLTR)’s Major holders

Insiders own 5.10% of the company shares, while shares held by institutions stand at 50.93% with a share float percentage of 53.67%. Investors are also buoyed by the number of investors in a company, with Palantir Technologies Inc having a total of 1847.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 201.59 million shares worth more than $5.11 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.1072% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 119.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.03 billion and represent 5.4101% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . As of Sep 30, 2024 , the former fund manager holds about 2.96% shares in the company for having 64.51 shares of worth $4.8 billion while later fund manager owns 52.44 shares of worth $3.9 billion as of Sep 30, 2024 , which makes it owner of about 2.40% of company’s outstanding stock.