Palantir Stock: Analysts Weigh In Ahead of Earnings

Generado por agente de IAMarcus Lee
viernes, 31 de enero de 2025, 7:31 pm ET1 min de lectura
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As Palantir Technologies (PLTR) prepares to report its third-quarter earnings, analysts are weighing in on the company's prospects and the potential impact on its stock price. The analytics software provider is expected to report revenue of $767 million to $771 million and earnings of $83.51 million, or 3 cents per share, on Monday after the market close. Here's what analysts are saying about Palantir's stock ahead of earnings:



Bullish Sentiment: Many analysts remain bullish on Palantir's stock, citing strong demand for its AI platforms and strategic partnerships. Wedbush analysts, for instance, recently raised their price target to $90 from $75 and believe that Palantir "has a path to become the next Oracle or Salesforce over the coming years." They attribute this potential to Palantir's AI intelligence driving innovation in space technology through partnerships with companies like SpaceX and Blue Origin.



Bearish Concerns: While some analysts are optimistic about Palantir's prospects, others have raised concerns about the stock's valuation and potential deceleration in growth. Jefferies, for example, maintains an "underperform" rating and price target of $28, suggesting that the stock's high premium could make it vulnerable to price corrections if growth slows. The firm warns that "any signs of decelerating growth could cause concern."

Analyst Price Targets and Ratings: Of the 13 analysts covering Palantir tracked by Visible Alpha, none expect the stock has further to rise. Their consensus price target of $50 implies a 34% drop from Friday's closing price of $41.92. However, some analysts are more bullish, with price targets as high as $90, while others are more bearish, with targets as low as $28.

In conclusion, analysts' views on Palantir's stock ahead of earnings are mixed, with some expressing optimism about the company's growth prospects and others raising concerns about valuation and potential deceleration in growth. As Palantir reports its earnings, investors will be watching closely to see if the company's performance aligns with analysts' expectations and whether the stock can sustain its recent momentum.

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