Palantir Technologies Inc (NASDAQ:PLTR)’s traded shares stood at 54.84 million during the latest session, with the company’s beta value hitting 2.79. At the last check today, the stock’s price was $83.77, to imply a decrease of -1.18% or -$1.0 in intraday trading. The PLTR share’s 52-week high remains $125.41, putting it -49.71% down since that peak but still an impressive 75.73% since price per share fell to its 52-week low of $20.33.
Analysts have given a consensus recommendation of Buy for Palantir Technologies Inc (PLTR), translating to a mean rating of 2.88. Of 14 analyst(s) looking at the stock, 3 analyst(s) give PLTR a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.13.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
After registering a -1.18% downside in the latest session, Palantir Technologies Inc (PLTR) has traded red over the past five days. The 5-day price performance for the stock is -17.35%, and 5.03% over 30 days. With these gigs, the year-to-date price performance is 10.76%.
The extremes give us $50 and $105 for target low and target high price respectively. As such, PLTR has been trading -25.34% off suggested target high and 40.31% from its likely low.
Palantir Technologies Inc (PLTR) estimates and forecasts
The rating firms project that company’s revenue will grow 32.16% compared to the previous financial year.
Revenue forecast for the current quarter as set by 16 analysts is 873.88M. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 909.92M.Earnings reports from the last fiscal year show that sales brought in 634.34M and 678.13M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 37.76% before jumping 34.18% in the following quarter.
PLTR Dividends
Palantir Technologies Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Palantir Technologies Inc (NASDAQ:PLTR)’s Major holders
The next major institution holding the largest number of shares is BLACKROCK INC. with 119.76 million shares, or about 5.4101% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.03 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Palantir Technologies Inc (PLTR) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 64.51 shares. This is just over 2.96% of the total shares, with a market valuation of $5.4 billion. Data from the same date shows that the other fund manager holds a little less at 52.44, or 2.40% of the shares, all valued at about 4.39 billion.
