Palantir Technologies Inc [PLTR] stock prices are up 1.61% to $69.24 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PLTR shares have gain 1.48% over the last week, with a monthly amount drifted -8.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, UBS started tracking the stock with Neutral rating on December 19, 2024, and set its price target to $80. On December 12, 2024, Robert W. Baird initiated with a Neutral rating and assigned a price target of $70 on the stock. Jefferies downgraded its rating to a Underperform but stick to its price target of $28 on November 07, 2024. Argus downgraded its rating to a Hold. Raymond James downgraded its rating to Mkt Perform for this stock on September 23, 2024. In a note dated August 22, 2024, Northland Capital initiated an Market Perform rating and provided a target price of $35 on this stock.
The stock price of Palantir Technologies Inc [PLTR] has been fluctuating between $16.03 and $84.80 over the past year. Currently, Wall Street analysts expect the stock to reach $42.17 within the next 12 months. Palantir Technologies Inc [NASDAQ: PLTR] shares were valued at $69.24 at the most recent close of the market. An investor can expect a potential drop of -39.1% based on the average PLTR price forecast.
Analyzing the PLTR fundamentals
The Palantir Technologies Inc [NASDAQ:PLTR] reported sales of 2.65B for trailing twelve months, representing a surge of 29.98%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.12 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.92 points at the first support level, and at 66.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.99, and for the 2nd resistance point, it is at 72.75.
Ratios To Look Out For
It’s worth pointing out that Palantir Technologies Inc [NASDAQ:PLTR]’s Current Ratio is 5.67. In addition, the Quick Ratio stands at 5.67 and the Cash Ratio stands at 0.81. Considering the valuation of this stock, the price to sales ratio is 59.60, the price to book ratio is 34.94 and price to earnings (TTM) ratio is 350.58.
Transactions by insiders
Recent insider trading involved Schiff Alexandra W., Director, that happened on Jan 07 ’25 when 4000.0 shares were sold. Director, ALEXANDRA SCHIFF completed a deal on Jan 07 ’25 to buy 4000.0 shares. Meanwhile, Director Stat Lauren Elaina Friedman sold 1000.0 shares on Jan 02 ’25.
