Unveiling Palantir Technologies (PLTR) – A Strategic Analysis

By Tamara Parker • Tuesday, May 05 10:54 • Permanent Link

Palantir Technologies logged a -6.1% change during today's morning session, and is now trading at a price of $137.08 per share. The S&P 500 index moved 1.0%. PLTR's trading volume is 38,507,006 compared to the stock's average volume of 49,411,873.

Palantir Technologies trades -24.13% away from its average analyst target price of $180.68 per share. The 26 analysts following the stock have set target prices ranging from $70.0 to $255.0, and on average have given Palantir Technologies a rating of buy.

Anyone interested in buying PLTR should be aware of the facts below:

Palantir Technologies has moved 34.1% over the last year, and the S&P 500 logged a change of 28.4%
Based on its trailing earnings per share of 0.89, Palantir Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 154.0 while the S&P 500 average is None
PLTR has a forward P/E ratio of 73.4 based on its forward 12 month price to earnings (EPS) of $1.87 per share
Its Price to Book (P/B) ratio is 44.38 compared to its sector average of None
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.
Based in Aventura, the company has 4,429 full time employees and a market cap of $328.6 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.