Analysts rate Palantir Technologies Inc. (PLTR:NYE) with a Hold rating and a $12 target

Based on the PLTR Stock Forecast from 11 analysts, the average analyst PLTR price target is USD 12.08 over the next 12 months. Palantir Technologies Inc’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of PLTR stock forecast is Slightly Bearish, which is based on 4 positive signals and 7 negative signals. At the last closing, Palantir Technologies stock price was USD 8.08Palantir Technologies stock price has changed by +0.71% over the past week, +0.27% over the past month and -66.39% over the last year.

 

About Palantir Technologies Inc. (PLTR:NYE):

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 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. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.

 

What we like:

High market capitalization:

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow:

PLTR stock forecast shows that the company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth:

PLTR stock forecast has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio:

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

 

What we don’t like:

Poor risk adjusted returns:

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

High volatility:

PLTR stock forecast shows that the total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns:

PLTR stock forecast shows that the company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value:

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis:

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Negative free cash flow:

PLTR stock forecast had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

PLTR stock forecast shows that this stock has shown below median earnings growth in the previous 5 years compared to its sector.