In the last trading session, 60.6 million Palantir Technologies Inc (NASDAQ:PLTR) shares changed hands as the company’s beta touched 2.60. With the company’s per share price at $125.59 changed hands at -$0.74 or -0.59% during last session, the market valuation stood at $296.38B. PLTR’s last price was a discount, traded about -6.29% off its 52-week high of $133.49. The share price had its 52-week low at $20.63, which suggests the last value was 83.57% up since then.
Analysts gave the Palantir Technologies Inc (PLTR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.04. If we narrow down to specifics, the data shows that 3 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended PLTR as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
Instantly PLTR was in red as seen at the end of in last trading. With action -1.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 66.06%, with the 5-day performance at -1.96% in the red. However, in the 30-day time frame, Palantir Technologies Inc (NASDAQ:PLTR) is 38.31% up.
The consensus price target for the stock as assigned by Wall Street analysts is 102.5, meaning bulls need a downside of -22.53% from its current market value. According to analyst projections, PLTR’s forecast low is 60 with 140 as the target high. To hit the forecast high, the stock’s price needs a -11.47% plunge from its current level, while the stock would need to tank 52.23% for it to hit the projected low.
The 2025 estimates are for Palantir Technologies Inc earnings to increase by 42.24%, but the outlook for the next 5-year period is at 33.10% per year.
PLTR Dividends
Palantir Technologies Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.3664% or 119.76 million shares worth $3.03 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 64.91 shares estimated at $8.15 billion under it, the former controlled 2.98% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.54% of the shares, roughly 55.49 shares worth around $6.97 billion.
