In last trading session, Palantir Technologies Inc (NASDAQ:PLTR) saw 69.24 million shares changing hands with its beta currently measuring 2.64. Company’s recent per share price level of $128.12 trading at -$2.06 or -1.58% at ring of the bell on the day assigns it a market valuation of $302.35B. That closing price of PLTR’s stock is at a discount of -4.19% from its 52-week high price of $133.49 and is indicating a premium of 83.9% from its 52-week low price of $20.63.
For Palantir Technologies Inc (PLTR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.04. 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.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
Upright in the red during last session for losing -1.58%, in the last five days PLTR remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $128.12 price level, adding 4.02% to its value on the day. Palantir Technologies Inc’s shares saw a change of 69.40% in year-to-date performance and have moved 7.53% in past 5-day. Palantir Technologies Inc (NASDAQ:PLTR) showed a performance of 30.20% in past 30-days.
Wall Street analysts have assigned a consensus price target of 102.5 to the stock, which implies a fall of -25.0% to its current value. Analysts have been projecting 60 as a low price target for the stock while placing it at a high target of 140. It follows that stock’s current price would jump 53.17% in reaching the projected high whereas dropping to the targeted low would mean a gain of 53.17% for stock’s current value.
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 9.0335 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 5.3664 of outstanding shares, having a total worth of $3.03 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 64.91 shares of worth $8.32 billion or 2.98% of the total outstanding shares. The later fund manager was in possession of 55.49 shares on Dec 31, 2024, making its stake of worth around $7.11 billion in the company or a holder of 2.54% of company’s stock.
