pltr projection
7/16/2024 07:14am
**Palantir Technologies (PLTR) Stock Projection**:
1. **Current Price and Recent Performance**:
- The closing price for PLTR on July 15, 2024, was $28.67.
- PLTR has seen a significant rise, with a 63% increase in 2024.
2. **Analyst Ratings and Price Targets**:
- The consensus rating for PLTR is "Neutral" with an average price target of $25.14.
- A more detailed analysis shows a range of ratings, with 3 Buy, 6 Hold, 4 Sell, and 13 analysts offering price targets.
- The lowest price target is $9.00, while the highest is $35.00, representing a wide range of opinions.
3. **Valuation Metrics**:
- The P/E ratio is 209.37, indicating a high valuation compared to earnings.
- The Price-to-Book (P/B) ratio is 16.91, and the Price-to-Sales (P/S) ratio is 24.64, suggesting a premium valuation based on book value and sales.
4. **Technical Indicators**:
- The 5-Day Moving Average is $28.04, the 10-Day Moving Average is $27.27, and the 20-Day Moving Average is $25.99. This indicates a short-term upward trend but a longer-term downward trend.
|Ticker|Name|Closing Price|Date|code|market_code|
|---|---|---|---|---|---|
|PLTR.N|Palantir|28.67|20240715|PLTR|169|
|Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|PLTR.N|Palantir|28.0380|25.9930|27.2680|20240715|PLTR|169|
5. **Market Sentiment and Forecasts**:
- There is a mixed outlook among analysts, with some expecting a significant decline and others a potential for growth.
- The average price target for 2025 projects a potential downside of 19.67% to $22.55.
6. **Upcoming Earnings and Guidance**:
- PLTR is set to release second-quarter earnings on August 5, 2024.
- The company has provided a revenue guidance range of $2.677 billion to $2.689 billion for the full year.
7. **Investor Consideration**:
- Given the high current price and mixed analyst sentiment, investors should consider their risk tolerance and investment horizon.
- The recent performance and upcoming earnings may influence the stock's trajectory, but the wide range of price targets reflects significant uncertainty.
In conclusion, while there is a neutral to negative consensus among analysts, the recent performance and upcoming earnings could lead to a range of outcomes. Investors should weigh the potential for a pullback against the possibility of continued growth.