Is Palantir stock a buy?
Palantir stock rose 5.7% to close at 8.71 on the stock market today. BofA analyst Mariana Mora initiated coverage of PLTR stock with a buy rating and price target of 13.
Is PLTR undervalued?
Below are some of the top undervalued stocks to buy while the sector is weak. Palantir (PLTR): Its strong leadership and revenue growth will deliver results….7 Undervalued Stocks to Buy Before Investors Catch On.
| PLTR | Palantir | $8.35 |
|---|---|---|
| PYPL | PayPal | $79.75 |
| ROKU | Roku | $97.66 |
| UPST | Upstart | $46.66 |
| IWM | iShares Russell 2000 ETF | $182.77 |
Is Palantir a long term investment?
The Bottom Line. Palantir is a classic case of a long-term growth stock that has been hit hard by the current macroeconomic downturn. With the market in fear of a recession, growth stocks like Palantir that are still struggling to prove sustainable long-term growth profitability are naturally avoided by investors.
Why is Palantir stock dropping today?
Palantir closes down 21% on weak revenue guidance, earnings miss. Shares of Palantir plunged Monday. The software company issued a weaker-than-expected revenue outlook. It also missed on earnings.
What will PLTR be worth in 5 years?
However for five years’ time, in March 2027, the service forecasted Palantir to be effectively zero. Coin Price Forecast’s algorithm is much more optimistic, with a price target of $29.55 by 2025 and $47.5 by 2030. Note that analyst PLTR predictions can be wrong.
Will Palantir recover?
Growth at scale. Despite being at a ~$2 billion annual revenue scale, Palantir continues to deliver 30-40% y/y revenue growth, and its long-term outlook calls for the company to be able to sustain growth rates in excess of 30% y/y through at least 2025.
What will PLTR be worth in 10 years?
Palantir’s path toward a trillion-dollar market cap If it hits its target for 2025, then continues to grow its revenue at an average rate of 20% over the following 10 years, it could generate nearly $27 billion in revenue in 2035.
Why is Palantir doing so badly?
Palantir has reported decent Q1 earnings results with a double-digit revenue growth rate. The market currently underestimates Palantir’s ability to expand its business in the following quarters, which is why it’s one of the main reasons why its stock has plummeted recently.
How big will Palantir get?
Palantir estimates that its total addressable market (TAM) is roughly $119 billion and some analysts project revenue to reach $9 billion by 2026. It seems to be on its way there as the company stands firm behind its projected annual revenue growth of 30% or more through 2025.
How high does PLTR go?
Stock Price Forecast The 12 analysts offering 12-month price forecasts for Palantir Technologies Inc have a median target of 11.00, with a high estimate of 16.00 and a low estimate of 6.00. The median estimate represents a +21.95% increase from the last price of 9.02.
How high will PLTR GO?
Palantir (PLTR) stock forecast: 2022–2030 Palantir share price forecasts as of 8 April, showed an average upside of 20% to a price target of $15.38 for the next 12 months, ranging from the high of $25 to the low of $9, according to eight analyst views compiled by MarketBeat.
How high will PLTR go?