At the time of writing, Palantir Technologies Inc [PLTR] stock is trading at $73.07, up 1.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLTR shares have gain 12.45% over the last week, with a monthly amount drifted -1.77%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Palantir Technologies Inc [NASDAQ: PLTR] stock has seen the most recent analyst activity on January 17, 2025, when Cantor Fitzgerald initiated its Neutral rating and assigned the stock a price target of $72. On December 19, 2024, UBS initiated with a Neutral rating and assigned a price target of $80 on the stock. Robert W. Baird started tracking the stock assigning a Neutral rating and suggested a price target of $70 on December 12, 2024. Jefferies downgraded its rating to a Underperform but $28 remained the price target by the analyst firm on November 07, 2024. Argus downgraded its rating to Hold for this stock on November 07, 2024. In a note dated September 23, 2024, Raymond James downgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Palantir Technologies Inc fluctuated between $16.03 and $84.80. 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 $73.07 at the most recent close of the market. An investor can expect a potential drop of -42.29% based on the average PLTR price forecast.
Analyzing the PLTR fundamentals
According to Palantir Technologies Inc [NASDAQ:PLTR], the company’s sales were 2.65B for trailing twelve months, which represents an 29.98% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 71.24 points at the first support level, and at 69.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.27, and for the 2nd resistance point, it is at 75.47.
Ratios To Look Out For
It is important to note that Palantir Technologies Inc [NASDAQ:PLTR] has a current ratio of 5.67. On the other hand, the Quick Ratio is 5.67, and the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 62.90, the price to book ratio is 36.87 and price to earnings (TTM) ratio is 369.97.
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.
