Palantir Technologies Inc (NASDAQ:PLTR) has a beta value of 2.80 and has seen 104.79 million shares traded in the last trading session. The company, currently valued at $199.14B, closed the last trade at $84.91 per share which meant it gained $4.45 on the day or 5.53% during that session. The PLTR stock price is -47.7% off its 52-week high price of $125.41 and 76.06% above the 52-week low of $20.33.
The consensus among analysts is that Palantir Technologies Inc (PLTR) is Buy stock at the moment, with a recommendation rating of 2.81. 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. The expected earnings per share for the stock is 0.13.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
Sporting 5.53% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PLTR stock price touched $84.91 or saw a rise of 6.16%. Year-to-date, Palantir Technologies Inc shares have moved 12.27%, while the 5-day performance has seen it change -0.01%. Over the past 30 days, the shares of Palantir Technologies Inc (NASDAQ:PLTR) have changed -16.23%.
Wall Street analysts have a consensus price target for the stock at $77.5, which means that the shares’ value could drop -9.56% from current levels. The projected low price target is $50.0 while the price target rests at a high of $105.0. In that case, then, we find that the current price level is -23.66% off the targeted high while a plunge would see the stock lose 41.11% from current levels.
Palantir Technologies Inc (PLTR) estimates and forecasts
The company’s shares have gained 177.57% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 32.16%.
16 analysts offering their estimates for the company have set an average revenue estimate of 873.88M for the current quarter. 16 have an estimated revenue figure of 909.92M for the next ending quarter. Year-ago sales stood 634.34M and 678.13M respectively for this quarter and the next, and analysts expect sales will grow by 37.76% for the current quarter and 32.16% for the next.
Earnings growth for 2025 is a modest 31.66% while over the next 5 years, the company’s earnings are expected to increase by 30.99%.
PLTR Dividends
Palantir Technologies Inc is expected to release its next earnings report in April 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
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 $5.48 billion while later fund manager owns 55.49 shares of worth $4.71 billion as of Dec 31, 2024 , which makes it owner of about 2.54% of company’s outstanding stock.
