In last trading session, Palantir Technologies Inc (NASDAQ:PLTR) saw 241.24 million shares changing hands with its beta currently measuring 2.82. Company’s recent per share price level of $106.27 trading at -$5.79 or -5.17% at ring of the bell on the day assigns it a market valuation of $249.24B. That closing price of PLTR’s stock is at a discount of -18.01% from its 52-week high price of $125.41 and is indicating a premium of 80.87% from its 52-week low price of $20.33.
For Palantir Technologies Inc (PLTR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.88. Splitting up the data highlights that, out of 14 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.13 in the current quarter.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
Upright in the red during last session for losing -5.17%, in the last five days PLTR remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $106.27 price level, adding 15.26% to its value on the day. Palantir Technologies Inc’s shares saw a change of 40.51% in year-to-date performance and have moved -9.47% in past 5-day. Palantir Technologies Inc (NASDAQ:PLTR) showed a performance of 45.44% in past 30-days.
Wall Street analysts have assigned a consensus price target of 75 to the stock, which implies a fall of -41.69% to its current value. Analysts have been projecting 35 as a low price target for the stock while placing it at a high target of 105. It follows that stock’s current price would jump 67.07% in reaching the projected high whereas dropping to the targeted low would mean a gain of 67.07% for stock’s current value.
Palantir Technologies Inc (PLTR) estimates and forecasts
This year revenue growth is estimated to rise 31.95% from the last financial year’s standing.
15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 873.61M for the same. And 15 analysts are in estimates of company making revenue of 908.23M in the next quarter. Company posted 634.34M and 678.13M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 31.66% while estimates for its earnings growth in next 5 years are of 30.99%.
Palantir Technologies Inc (NASDAQ:PLTR)’s Major holders
VANGUARD GROUP INC is the top institutional holder at PLTR for having 201.59 million shares of worth $5.11 billion. And as of 2024-06-30, it was holding 9.1072 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 119.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4101 of outstanding shares, having a total worth of $3.03 billion.
