Palantir Stock Forecast is based on your current time horizon. The stocks making the biggest moves in premarket trading include Stitch Fix, Tesla, Palantir, Coupa Software, and more. Palantir Technologies, the secretive data company best known for taking on controversial work for the US government, made its Wall Street debut Wednesday. View analyst ratings for Palantir Technologies or view MarketBeat's top 5 stock picks. The stock, currently valued at over $39 billion, for the most part of last month traded in the black, soaring 167%. Get short term trading ideas from the MarketBeat Idea Engine. Palantir Technologies Inc. is expected* to report earnings on 11/12/2020 after market close. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. The company had revenue of $289.37 million for the quarter, compared to analyst estimates of $279.32 million. Palantir Technologies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 It also increased its 2020 forecast for an adjusted operating profit to $130 million to $136 million. Looking for new stock ideas? Alteryx Stock. Do Not Sell My Information. Peter Thiel, the co-founder and chairman, helped bankroll the business throughout its long period as a privately held business. Further, Palantir Technologies Inc. (PLTR) has a beta value of 0, and an average true range (ATR) of 3.13. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Palantir Technologies Inc - Class A Stock Forecast and Price Prognosis Data for 2026 Palantir also boosted its revenue growth forecast for this year to 44%, totaling $1.07 billion and just exceeding the amount analysts expected on average, according to data compiled by Bloomberg. All Rights Reserved. Top institutional shareholders include Point72 Asset Management L.P. (1.95%), BlackRock Inc. (1.91%), Soros Fund Management LLC (1.20%), Allen Operations LLC (0.45%), Myriad Asset Management Ltd. (0.31%) and Public Sector Pension Investment Board (0.29%). Though Palantir’s revenue rose 49% annually in the first half of 2020 and is forecast by the company to grow 46% to 47% in Q3, its full-year sales guidance implies only 41% to 43% growth. The company issued 257,100,000 shares at a price of $0.00 per share. Palantir Technologies, the secretive data company best known for taking on controversial work for the US government, made its Wall Street debut Wednesday. Analysts have given the company’s stock an average 52-week price target of $14.33, forecast between a low of $10 and high of $18. Palantir also increased its forecast for an annual adjusted operating profit, excluding stock-based compensation and other expenses, of US$130 million to US$136 million.Since starting up in 2003, Palantir has operated with little attention to profits. The data-mining firm Palantir climbed as much as 14% on Wednesday in its first day of trading on the New York Stock Exchange. Historical Ratings. In the past three months, Palantir Technologies insiders have sold more of their company's stock than they have bought. After their first quarterly earnings reports since their September market debuts, Unity's stock surged 13% on Friday and Palantir climbed over 8%. The 12-month stock price forecast is 14.33, which is a decrease of -47.24% from the latest price. For the year, Palantir forecast revenue of $1.05 billion to $1.06 billion, or year-over-year growth of 41% to 43%, and more than 30% growth in 2021. Get daily stock ideas top-performing Wall Street analysts. The company provided EPS guidance of for the period. Overview Forecast. All rights reserved. Specifically, they have bought $0.00 in company stock and sold $220,932,354.00 in company stock. On average, they expect Palantir Technologies' stock price to reach $13.17 in the next year. We cover this week's price action and give outlook on next week. $18.00-32.41%. Wall Street analysts have given Palantir Technologies a "Hold" rating, but there may be better short-term opportunities in the market. Palantir also boosted its revenue growth forecast for this year to 44%, totaling $1.07 billion and just exceeding the amount analysts expected on average, according to data compiled by Bloomberg. The total size of the offering was $1,864,231,759 based on an initial share price of $7.25. However, recent coverage from analysts and earnings forecasts have bolstered the long … The company also provides 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.