In the last three months, 10 analysts have published ratings on Palantir Technologies (NASDAQ:PLTR), offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 4 | 3 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 3 | 3 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $48.6, along with a high estimate of $75.00 and a low estimate of $28.00. This current average has increased by 40.62% from the previous average price target of $34.56.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Palantir Technologies among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| William Power | Baird | Announces | Neutral | $70.00 | - |
| Mariana Perez | B of A Securities | Raises | Buy | $75.00 | $55.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $75.00 | $57.00 |
| Gabriela Borges | Goldman Sachs | Raises | Neutral | $41.00 | $16.00 |
| Brent Thill | Jefferies | Maintains | Underperform | $28.00 | $28.00 |
| Gil Luria | DA Davidson | Raises | Neutral | $47.00 | $28.00 |
| Michael Latimore | Northland Capital Markets | Raises | Market Perform | $38.00 | $35.00 |
| Matthew Broome | Mizuho | Raises | Underperform | $37.00 | $30.00 |
| Matthew Broome | Mizuho | Raises | Underperform | $30.00 | $24.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $45.00 | $38.00 |
Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Palantir Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company. Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Palantir Technologies compared to the broader market. Price Targets: Gaining insights, analysts provide estimates for the future value of Palantir Technologies's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Palantir Technologies's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Palantir Technologies analyst ratings.
Delving into Palantir Technologies's Background
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
A Deep Dive into Palantir Technologies's Financials
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Positive Revenue Trend: Examining Palantir Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 29.98% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Palantir Technologies's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 19.78% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Palantir Technologies's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.36%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Palantir Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.62%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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Latest Ratings for PLTR
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Piper Sandler | Initiates Coverage On | Overweight | |
| Mar 2022 | Morgan Stanley | Upgrades | Underweight | Equal-Weight |
| Feb 2022 | Citigroup | Maintains | Sell |
View More Analyst Ratings for PLTR
View the Latest Analyst Ratings
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