Palantir Technologies Inc [PLTR] stock is trading at $119.16, up 1.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLTR shares have gain 7.50% over the last week, with a monthly amount glided 74.88%, and 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 February 04, 2025, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $95 from $60. Previously, Wedbush reaffirmed its Outperform rating on January 23, 2025, and elevated its price target to $90. On January 17, 2025, Cantor Fitzgerald initiated with a Neutral rating and assigned a price target of $72 on the stock. UBS initiated its recommendation with a Neutral and recommended $80 as its price target on December 19, 2024. Robert W. Baird started tracking with a Neutral rating for this stock on December 12, 2024, and assigned it a price target of $70. In a note dated November 07, 2024, Jefferies downgraded an Underperform rating on this stock but restated the target price of $28.
Palantir Technologies Inc [PLTR] stock has fluctuated between $20.33 and $118.66 over the past year. Currently, Wall Street analysts expect the stock to reach $71.43 within the next 12 months. Palantir Technologies Inc [NASDAQ: PLTR] shares were valued at $119.16 at the most recent close of the market. An investor can expect a potential drop of -40.06% based on the average PLTR price forecast.
Analyzing the PLTR fundamentals
Palantir Technologies Inc [NASDAQ:PLTR] reported sales of 2.87B for the trailing twelve months, which represents a growth of 36.03%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.11 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 117.08 points at the first support level, and at 115.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.95, and for the 2nd resistance point, it is at 122.75.
Ratios To Look Out For
For context, Palantir Technologies Inc’s Current Ratio is 5.96. On the other hand, the Quick Ratio is 5.67, and the Cash Ratio is 2.11. Considering the valuation of this stock, the price to sales ratio is 94.73, the price to book ratio is 60.13 and price to earnings (TTM) ratio is 634.17.
Transactions by insiders
Recent insider trading involved Planishek Heather A., that happened on Feb 11 ’25 when 13891.0 shares were sold. Director, Stat Lauren Elaina Friedman completed a deal on Feb 04 ’25 to sell 11794.0 shares. Meanwhile, Director Schiff Alexandra W. sold 4000.0 shares on Feb 04 ’25.
