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The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
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The Analyst Verdict: Palantir Technologies In The Eyes Of 9 Experts
Mar 7, 2024 12:03 PM

Across the recent three months, 9 analysts have shared their insights on Palantir Technologies ( PLTR ) , expressing a variety of opinions spanning from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 4 2 0
Last 30D 0 0 1 0 0
1M Ago 1 2 3 1 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 1 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $20.22, with a high estimate of $30.00 and a low estimate of $5.00. Surpassing the previous average price target of $18.25, the current average has increased by 10.79%.

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Palantir Technologies ( PLTR ) among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Matthew Broome Mizuho Raises Neutral $21.00 $18.00
Mariana Perez B of A Securities Raises Buy $28.00 $24.00
Matthew Broome Mizuho Raises Neutral $18.00 $16.00
Rishi Jaluria RBC Capital Maintains Underperform $5.00 -
Daniel Ives Wedbush Raises Outperform $30.00 $25.00
Brian Gesuale Raymond James Raises Outperform $25.00 $22.00
Tyler Radke Citigroup Raises Neutral $20.00 $10.00
Brent Thill Jefferies Raises Hold $22.00 $13.00
Brent Thill Jefferies Lowers Underperform $13.00 $18.00

Key Insights:

Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Palantir Technologies ( PLTR ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Palantir Technologies ( PLTR ) compared to the broader market.

Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Palantir Technologies's ( PLTR ) stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Palantir Technologies's ( PLTR ) market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Palantir Technologies ( PLTR ) analyst ratings.

Unveiling the Story Behind Palantir Technologies

Palantir ( PLTR ) is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Palantir Technologies's Financial Performance

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Palantir Technologies's ( PLTR ) remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 19.61%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Palantir Technologies's ( PLTR ) net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 15.35%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Palantir Technologies's ( PLTR ) ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.8%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Palantir Technologies's ( PLTR ) ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 2.14%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.07.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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