Palantir price prediction.
11/23/2024 01:20pm
**Palantir's stock price is predicted to have a bullish outlook in the short term, with potential for growth.** Here's a detailed analysis:
1. **Short-Term Forecast**:
- The 5-day moving average is $62.41, the 10-day is $61.78, and the 20-day is $54.86. This indicates a recent uptrend in the stock price, which is currently trading above these averages.
- The fear & greed index is at 39 (fear), which suggests that some analysts believe the stock could be undervalued.
- The 30-day price prediction from Zacks.com is $77.02, which represents a 20.48% increase from the current price. This indicates potential upside in the short term.
|Ticker|Name|Date|Average Price Target|code|market_code|
|---|---|---|---|---|---|
|PLTR.N|Palantir|20240101|5|PLTR|169|
|PLTR.N|Palantir|20240102|5|PLTR|169|
|PLTR.N|Palantir|20240103|5|PLTR|169|
|PLTR.N|Palantir|20240104|5|PLTR|169|
|PLTR.N|Palantir|20240105|7.666666666666667|PLTR|169|
|PLTR.N|Palantir|20240106|7.666666666666667|PLTR|169|
|PLTR.N|Palantir|20240107|7.666666666666667|PLTR|169|
|PLTR.N|Palantir|20240108|7.666666666666667|PLTR|169|
|PLTR.N|Palantir|20240109|7.666666666666667|PLTR|169|
|PLTR.N|Palantir|20240110|7.666666666666667|PLTR|169|
|Ticker|Name|Date|Moving Average|code|market_code|
|---|---|---|---|---|---|
|PLTR.N|Palantir|20241122|62.4140|PLTR|169|
2. **Long-Term Forecast**:
- The 2030 price prediction from Stock Forecast & Price Prediction 2025, 2030 for Palantir Technologies is $244.45. This is a rather optimistic scenario, suggesting significant growth in the company's value over the next decade.
- The current price of $64.34 is significantly lower than the 2030 prediction, indicating potential for substantial appreciation in the stock price over the long term.
In conclusion, while the short-term forecasts and predictions suggest bullish sentiment and potential for price appreciation, investors should also consider the long-term predictions and the company's fundamentals to make an informed investment decision.