Palantir (NYSE:PLTR) published a stronger than expected set of Q2 2021 results as it continued to see robust demand for its software and services. Total revenues rose by about 49% year-over-year to $376 million, while adjusted earnings stood at $0.04 per share, up from $0.01 per share last year.5 Jan 2022
What is the price target for Palantir?
High $25.00
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Median $18.00
Low $15.00
Average $20.14
Current Price $13.40
What is Palantir PE ratio?
About PE Ratio (TTM) Palantir Technologies Inc. has a trailing-twelve-months P/E of 70.53X compared to the Technology Services industry's P/E of 27.27X. Price to Earnings Ratio or P/E is price / earnings. It is the most commonly used metric for determining a company's value relative to its earnings.
Can Palantir reach $500?
Therefore, Palantir's market cap could potentially hit $1 trillion by 2040, but it seems highly unlikely. Instead, it will likely be closer to $500 billion (which would still be a 12-bagger gain from its current valuation) if its stock is trading at a more reasonable P/S ratio of 10.25 Nov 2021
Is Palantir stock overpriced?
Shares of Palantir are not overvalued, they trade at 16X FY 2025 projected free cash flow. Commercial revenue acceleration, new product launches, expansion of the free cash flow margin and potential SPAC deal pay-offs support Palantir's valuation.14 Jan 2022
What will Palantir stock price be?
Palantir Technologies Inc (NYSE:PLTR) The 7 analysts offering 12-month price forecasts for Palantir Technologies Inc have a median target of 18.00, with a high estimate of 25.00 and a low estimate of 15.00. The median estimate represents a +37.88% increase from the last price of 13.06.
Is Palantir a good stock to buy Zacks?
Zacks' proprietary data indicates that Palantir Technologies Inc. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the PLTR shares relative to the market in the next few months. The financial health and growth prospects of PLTR, demonstrate its potential to underperform the market.
Is it worth paying for Zacks?
Is Zacks Premium worth it? Yes, absolutely. Zacks is worth it. Given that the stocks they rate as a #1 Strong Buy have beat the SP500 by over 14% on average for the last 33 years, their system works.14 Jan 2022
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