NYSE:PLTR - Palantir Technologies Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $20.75
Forecasted Upside: -18.34 %
Number of Analysts: 9
Breakdown:
4 Sell Ratings
3 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$25.41 As of 06/17/2021 05:01 PM ET

▲ +0.61 (2.46%)

1 month | 3 months | 12 months

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Analyst Price Target for PLTR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$20.75

▼ -18.34% Downside Potential

This price target is based on 9 analysts offering 12 month price targets for Palantir Technologies in the last 3 months. The average price target is $20.75, with a high forecast of $34.00 and a low forecast of $10.00. The average price target represents a -18.34% upside from the last price of $25.41.

Hold

The current consensus among 9 investment analysts is to hold stock in Palantir Technologies.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/25/2019

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/24/2020

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/22/2020

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/20/2020

0 strong buy ratings
2 buy ratings
2 hold ratings
2 sell ratings

Ratings as of

12/19/2020

0 strong buy ratings
2 buy ratings
2 hold ratings
4 sell ratings

Ratings as of

3/19/2021

0 strong buy ratings
2 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

5/18/2021

0 strong buy ratings
2 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/12/2021	Wolfe Research	Lower Price Target	Market Perform	$23.00 ➝ $20.00	High	i
5/12/2021	Royal Bank of Canada	Lower Price Target	Sector Perform	$27.00 ➝ $20.00	High	i
5/12/2021	Jefferies Financial Group	Lower Price Target	Buy	$40.00 ➝ $28.00	High	i
4/28/2021	Wolfe Research	Initiated Coverage	Peer Perform	$23.00	N/A	i
4/22/2021	Wolfe Research	Initiated Coverage	Market Perform	$23.00	Medium	i
3/16/2021	Credit Suisse Group	Initiated Coverage	Underperform	$20.00	High	i
2/17/2021	Royal Bank of Canada	Boost Price Target	Positive ➝ Sector Perform	$15.00 ➝ $27.00	Low	i
2/17/2021	Morgan Stanley	Boost Price Target	Underweight	$17.00 ➝ $19.00	Low	i Rating by Keith Weiss at Morgan Stanley
2/17/2021	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$13.00 ➝ $34.00	Low	i
2/16/2021	William Blair	Downgrade	Market Perform ➝ Underperform		Low	i Rating by K. Mielczarek at William Blair
2/12/2021	Jefferies Financial Group	Boost Price Target	Positive ➝ Buy	$30.00 ➝ $40.00	Low	i
1/20/2021	William Blair	Initiated Coverage	Market Perform		Medium	i Rating by K. Mielczarek at William Blair
1/13/2021	Citigroup	Downgrade	Neutral ➝ Sell	$10.00 ➝ $15.00	Low	i
1/11/2021	Jefferies Financial Group	Boost Price Target	Buy	$18.00 ➝ $30.00	High	i
12/18/2020	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$13.00 ➝ $17.00	Medium	i
12/2/2020	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$17.00	High	i
11/13/2020	Royal Bank of Canada	Boost Price Target		$11.00 ➝ $15.00	Medium	i
11/13/2020	Jefferies Financial Group	Boost Price Target	Buy	$13.00 ➝ $18.00	High	i
11/13/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$15.00	High	i
10/27/2020	Smith Barney Citigroup	Initiated Coverage	Neutral	$10.00	High	i
10/26/2020	Morgan Stanley	Initiated Coverage	Overweight	$13.00	High	i
10/26/2020	Royal Bank of Canada	Initiated Coverage	Sector Perform	$11.00	High	i
10/26/2020	Credit Suisse Group	Initiated Coverage	Neutral	$11.00	High	i
10/26/2020	The Goldman Sachs Group	Initiated Coverage	Neutral	$10.00	High	i
10/26/2020	Jefferies Financial Group	Initiated Coverage	Buy	$13.00	High	i

(Data available from 6/17/2016 forward)

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform for government operatives in the defense and intelligence sectors, which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. Palantir Technologies Inc. was founded in 2003 and is headquartered in Denver, Colorado.

Today's Range

Now: $25.41

$24.55

$25.46

50 Day Range

MA: $22.51

$18.37

$25.42

52 Week Range

Now: $25.41

$8.90

$45.00

Volume

2,500,786 shs

Average Volume

72,800,031 shs

Market Capitalization

$47.69 billion

P/E Ratio

133.74

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Palantir Technologies?

The following Wall Street research analysts have issued reports on Palantir Technologies in the last year: Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., Morgan Stanley, Royal Bank of Canada, Smith Barney Citigroup, The Goldman Sachs Group, Inc., William Blair, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for PLTR.

What is the current price target for Palantir Technologies?

8 Wall Street analysts have set twelve-month price targets for Palantir Technologies in the last year. Their average twelve-month price target is $20.75, suggesting a possible downside of 16.3%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PLTR will reach $34.00 in the next twelve months. Smith Barney Citigroup has the lowest price target set, forecasting a price of $10.00 for Palantir Technologies in the next year.
View the latest price targets for PLTR.

What is the current consensus analyst rating for Palantir Technologies?

Palantir Technologies currently has 4 sell ratings, 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PLTR, but not buy more shares or sell existing shares.
View the latest ratings for PLTR.

What other companies compete with Palantir Technologies?

Other companies that are similar to Palantir Technologies include SAP, Shopify, Intuit, Square, ServiceNow, Activision Blizzard, NetEase, Snowflake, VMware, Dassault Systèmes, Autodesk, Twilio, CrowdStrike, DocuSign and Veeva Systems.

How do I contact Palantir Technologies' investor relations team?

Palantir Technologies' physical mailing address is 1555 BLAKE STREET SUITE 250, DENVER CO, 80202. The company's listed phone number is 720-358-3679 and its investor relations email address is [email protected] The official website for Palantir Technologies is www.palantir.com.