Palantir Technologies Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palantir Technologies in the last year. There are currently 4 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Palantir Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTR, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Palantir Technologies a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Palantir Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Palantir Technologies saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 68,130,000 shares, an increase of 30.3% from the June 15th total of 52,300,000 shares. Based on an average daily volume of 55,850,000 shares, the short-interest ratio is currently 1.2 days. Approximately 4.9% of the company's stock are short sold.
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Palantir Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Palantir Technologies.

Palantir Technologies Inc. (NYSE:PLTR) announced its quarterly earnings results on Tuesday, May, 11th. The company reported $0.04 EPS for the quarter, hitting analysts' consensus estimates of $0.04. The business had revenue of $341.20 million for the quarter, compared to the consensus estimate of $332.22 million. The firm's quarterly revenue was up 48.8% compared to the same quarter last year.
View Palantir Technologies' earnings history.

Palantir Technologies updated its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $360 million-360 million, compared to the consensus revenue estimate of $344.31 million.

9 brokers have issued 1 year price objectives for Palantir Technologies' shares. Their forecasts range from $10.00 to $34.00. On average, they anticipate Palantir Technologies' stock price to reach $20.75 in the next twelve months. This suggests that the stock has a possible downside of 4.4%.
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Some companies that are related to Palantir Technologies include Intuit (INTU), Square (SQ), ServiceNow (NOW), Snowflake (SNOW), Dassault Systèmes (DASTY), Autodesk (ADSK), Twilio (TWLO), NetEase (NTES), Activision Blizzard (ATVI), VMware (VMW), CrowdStrike (CRWD), DocuSign (DOCU), Veeva Systems (VEEV), Synopsys (SNPS) and Electronic Arts (EA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Palantir Technologies investors own include Tesla (TSLA), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), DocuSign (DOCU), PayPal (PYPL), Walmart (WMT), CrowdStrike (CRWD), Advanced Micro Devices (AMD) and CVS Health (CVS).

(PLTR) raised $0 in an initial public offering (IPO) on Wednesday, September 30th 2020. The company issued 257,100,000 shares at a price of $0.00 per share. None served as the underwriter for the IPO.

Palantir Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLTR."

Palantir Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (0.06%), Hedeker Wealth LLC (0.02%), Usca Ria LLC (0.01%), Oregon Public Employees Retirement Fund (0.01%), Stratos Wealth Partners LTD. (0.01%) and Traynor Capital Management Inc. (0.00%). Company insiders that own Palantir Technologies stock include Alexander C Karp, Alexander C Karp, Alexander D Moore, Alexander D Moore, David A Glazer, Matthew A Long, Peter Thiel, Ryan D Taylor, Shyam Sankar and Stephen Andrew Cohen.
View institutional ownership trends for Palantir Technologies.

PLTR stock was sold by a variety of institutional investors in the last quarter, including Teamwork Financial Advisors LLC, XR Securities LLC, Avondale Wealth Management, Harel Insurance Investments & Financial Services Ltd., Good Life Advisors LLC, CTC LLC, and Centerpoint Advisors LLC. Company insiders that have sold Palantir Technologies company stock in the last year include Alexander C Karp, Alexander D Moore, David A Glazer, Matthew A Long, Peter Thiel, Ryan D Taylor, Shyam Sankar, and Stephen Andrew Cohen.
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PLTR stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Hedeker Wealth LLC, Oregon Public Employees Retirement Fund, IFM Investors Pty Ltd, Greenwich Wealth Management LLC, Alpha Cubed Investments LLC, Traynor Capital Management Inc., and Usca Ria LLC.
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Shares of PLTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PLTR stock can currently be purchased for approximately $21.71.

Palantir Technologies has a market capitalization of $40.74 billion and generates $1.09 billion in revenue each year. The company earns $-1,166,390,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.

Palantir Technologies employs 2,439 workers across the globe.

The following companies are subsidiares of Palantir Technologies: FT Technologies, Kimono Labs, PTS Sweden AB, Palantir Engineering Israel Ltd., Palantir GSC Inc., Palantir International Inc., Palantir Italia S.R.L., Palantir Shakti Technologies Private Limited, Palantir Technologies Australia PTY Ltd., Palantir Technologies Canada Inc., Palantir Technologies Denmark ApS, Palantir Technologies France SAS, Palantir Technologies Geneva Sarl, Palantir Technologies GmbH, Palantir Technologies Holdings LLC, Palantir Technologies Hong Kong Limited, Palantir Technologies Japan, Palantir Technologies Japan G.K., Palantir Technologies Mexico S. de R.L. de C.V., Palantir Technologies New Zealand Limited, Palantir Technologies Norway AS, Palantir Technologies Poland Sp. z o.o., Palantir Technologies QFC LLC, Palantir Technologies Singapore Pte. Ltd., Palantir Technologies Spain SL, Palantir Technologies Switzerland GmbH, Palantir Technologies Taiwan Limited, Palantir Technologies U.K., Palantir Technologies U.K. - Eagle Ltd, Palantir Technologies U.K. - Eagle Ltd., Palantir Technologies U.K. Ltd., Palantir Tecnologia Do Brasil LTDA, Palantir USG, Palantir USG Inc., Poptip, Propeller, Silk, and Voicegem.

Palantir Technologies was founded in 2004.

The official website for Palantir Technologies is www.palantir.com.

Palantir Technologies is headquartered at 1555 BLAKE STREET SUITE 250, DENVER CO, 80202.

Palantir Technologies' mailing address is 1555 BLAKE STREET SUITE 250, DENVER CO, 80202. The company can be reached via phone at 720-358-3679 or via email at [email protected]