Palantir Technologies Inc [PLTR] stock prices are saw in change for the day to $78.98 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PLTR shares have gain 14.07% over the last week, with a monthly amount drifted -1.95%, 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 23, 2025, when Wedbush reiterated its Outperform rating and also boosted its price target to $90 from $75. Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on January 17, 2025, and set its price target to $72. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $80 on December 19, 2024. Robert W. Baird initiated its recommendation with a Neutral and recommended $70 as its price target on December 12, 2024. Jefferies downgraded its rating to Underperform for this stock on November 07, 2024, but kept the price target unchanged to $28. In a note dated November 07, 2024, Argus downgraded an Hold rating 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 $78.98 at the most recent close of the market. An investor can expect a potential drop of -46.61% 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. 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 77.53 points at the first support level, and at 76.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.33, and for the 2nd resistance point, it is at 83.69.
Ratios To Look Out For
It’s worth pointing out that Palantir Technologies Inc [NASDAQ:PLTR]’s Current Ratio is 5.67. Further, the Quick Ratio stands at 5.67, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 67.99, the price to book ratio is 39.85 and price to earnings (TTM) ratio is 399.90.
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.
