Is there still an opportunity to buy Palantir stock?
· Current Price. $8.34. Price as of May 13, 2022, 8:00 p.m. ET. It started with counterterrorism. It's so much more now. Few companies are as difficult for non-techies to understand as Palantir ...
What is Palantir Technologies'stock symbol?
· 17.00% of the stock of Palantir Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health. Percentage Held by Institutions. 40.02% of the stock of Palantir Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next
What is Palantir?
· The PLTR stock sports a 38 price-to-sales ratio, which is not cheap. However, when a company is growing fast it can quickly bring that metric to normalize.
Is Palantir Technologies (Pal) a “underperform” stock?
· Big data and analytics player Palantir’s stock has done well over the past month, rising by 32% to about $14.60 per share, compared to the S&P 500 which has gained about 9% over the same period.
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Palantir Technologies is a public American software company that specializes in big data analytics. …. Palantir Technologies. Type. Public company. Founded. 2003. Founders. Peter Thiel Nathan Gettings Joe Lonsdale Stephen Cohen Alex Karp.
What kind of stock is PLTR?
Key DataLabelValueExchangeNYSESectorTechnologyIndustryRetail: Computer Software & Peripheral Equipment1 Year Target$11.0013 more rows
What does PLTR company do?
It performs a deep search of all criminal, financial, medical, communication, and clandestine agency records on the target. The company's tech helped locate Osama bin Laden in 2011 and is being used to trace COVID-19 infections, track medical supply chains, and even predict outbreaks in pandemic hot zones.
What is Palantir used for?
Palantir Metropolis (formerly known as Palantir Finance) was software for data integration, information management and quantitative analytics. The software connects to commercial, proprietary and public data sets and discovers trends, relationships and anomalies, including predictive analytics.
Is PLTR a buy?
With growing revenues, robust FCF, and impending net income profitability, PLTR proves to be an excellent buy at current valuations. Nonetheless, given the recent market pessimism, we expect the stock to be a long-term hold asset for tech investors.
What is so great about Palantir?
Palantir is known as one of the top providers of data analytics in the industry to some big government agencies. It has remained loyal to the U.S. government and this has helped it win multiple deals. For Q2, Palantir stated that revenue from the U.S. government had grown 90% YoY.
How does Pltr make money?
Palantir sells software and services to corporations and governments seeking to solve problems using data analysis. The company offers three products: Foundry, Gotham and Apollo. In this guide, Benzinga explores Palantir's past and deep dives into the company's operations and future.
How do I invest in Palantir?
How to buy shares in Palantir TechnologiesCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Why is Palantir stock dropping?
The big data analytics and software firm greatly underperformed the S&P 500 Index last month, which was down only 8.8%. It is likely that Palantir was affected by fears over rising interest rates, inflation, and the potential for a recession, which has severely impacted the prices of growth stocks.
How big can Palantir get?
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.
Is Palantir a buy sell or hold?
Palantir Technologies has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.
Is NIO a buy or sell?
“NIO is trading at attractive valuation of 1.7x one-year forward EV/sales,” added the analyst. NIO was trading for more than 13 times estimated 2021 sales back at the end of 2020. There has been a lot of valuation multiple contraction. Investors have sold high-growth stocks as inflation and interest rates have risen.
Is PLTR a good stock to buy Zacks?
Zacks' proprietary data indicates that Palantir Technologies Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the PLTR shares relative to the market in the next few months.
Is Palantir Technologies a buy right now?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palantir Technologies in the last twelve months. There are currently 2 sel...
When is Palantir Technologies' next earnings date?
Palantir Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, May 10th 2022. View our earnings forecast for P...
How were Palantir Technologies' earnings last quarter?
Palantir Technologies Inc. (NYSE:PLTR) issued its quarterly earnings data on Thursday, February, 17th. The company reported $0.02 earnings per shar...
What guidance has Palantir Technologies issued on next quarter's earnings?
Palantir Technologies updated its first quarter 2022 earnings guidance on Thursday, March, 10th. The company provided EPS guidance of for the perio...
What price target have analysts set for PLTR?
8 equities research analysts have issued 1-year price objectives for Palantir Technologies' shares. Their forecasts range from $9.00 to $25.00. On...
Who are Palantir Technologies' key executives?
Palantir Technologies' management team includes the following people: Mr. Peter Andreas Thiel , Co-Founder & Chairman (Age 54) Dr. Alexander C....
Who are some of Palantir Technologies' key competitors?
Some companies that are related to Palantir Technologies include Shopify (SHOP) , Activision Blizzard (ATVI) , Dassault Systèmes (DASTY) , Squa...
What other stocks do shareholders of Palantir Technologies own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Palantir Technologies investors own include Tesla (TSLA) ,...
When did Palantir Technologies IPO?
(PLTR) raised $0 in an IPO on Wednesday, September 30th 2020. The company issued 257,100,000 shares at $0.00 per share. None served as the underwri...
How much is Palantir up in 2021?
What is Palantir Technologies?
Why Palantir Technologies Was Up a Choppy 11.9% Through the First Half of 2021. Shares of Palantir (NYSE: PLTR) were up 11.9% through the first half of 2021, according to data from S&P Global Market Intelligence. Owners of Palantir have gone on a wild ride so far this year.
What is fair value in accounting?
Palantir Technologies (NYSE: PLTR) built an advantage by becoming one of the first companies to allow users to integrate, manage, and secure data, and the company has prospered through its analytics capabilities . Palantir is a company specializing in data mining.
Is Palantir on cloud nine?
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Is Palantir a volatile company?
Palantir ( NYSE:PLTR) might be on cloud nine after posting another solid quarter of earnings. Altogether, when you add in several contract wins, it seems like the data analytics company can’t put a foot wrong. However, there are genuine concerns about overvaluation here. Right now, PLTR stock is trading at nearly 110 times forward earnings, according to Yahoo! Finance. Source: Michael Vi / Shutterstock.com There are multiple reasons why these worries are valid. Revenues are increasing, but not at
Who is Amy Wu Silverman?
Palantir Technologies (NYSE: PLTR) has been a volatile and polarizing investment since its direct listing last September. The bulls claimed its data-mining platforms would continue to grow as it signed more government and enterprise contracts. The bears pointed out that Palantir was too heavily dependent on government clients, its enterprise business faced too many competitors, it was deeply unprofitable, and its stock was too expensive.
What is MarketBeat community ratings?
RBC Capital Markets Equity Derivatives Strategist Amy Wu Silverman joins Yahoo Finance to discuss why summertime is a good time for volatility trades and the correlation between meme stocks and crypto.
What is Palantir software?
MarketBeat's community ratings are surveys of what our community members think about Palantir Technologies and other stocks. Vote “Outperform” if you believe PLTR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PLTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
How much does Palantir Technologies make?
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 for government operatives in the defense and intelligence sectors, 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. It also offers 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. Palantir Technologies Inc. was founded in 2003 and is headquartered in Denver, Colorado.
What is Palantir's official website?
Palantir Technologies has a market capitalization of $42.26 billion and generates $1.09 billion in revenue each year. The company earns $-1,166,390,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.
What is the ticker symbol for Palantir?
The official website for Palantir Technologies is www.palantir.com.
What is the P/E ratio of Palantir?
Palantir Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLTR."
When will Palantir release its earnings?
The P/E ratio of Palantir Technologies is -77.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
When a stock breaks out from a level, is it OK to revert to check it for footing
Palantir Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021. View our earnings forecast for Palantir Technologies.
Is PLTR stock cheap?
When a stock breaks out from a level, it is OK to revert to check it for footing . Federal Reserve headlines aside, I expect that PLTR can still make more progress this month.
What is the black line on the stock chart?
The PLTR stock sports a 38 price-to-sales ratio, which is not cheap. However, when a company is growing fast it can quickly bring that metric to normalize. The same thing happened to Zoom Video (NASDAQ: ZM) last year. Its price-to-sales fell from 125 to a more reasonable 24. Investors should not demand profitability when buying into a growth stock. They either avoid it, or just judge it by its growth rate metrics not the bottom line.
Is stock chart bunk?
The upward-sloping thick black line on the right hand side of the chart shows you a rising support level through May and June. The stock is making higher lows each day, which is bullish.
Is Palantir stock in a firefight?
If you think stock charts are bunk, they aren't. Prepared correctly they can sometimes tell you a lot about the future direction of a stock. So, even if you think this is just some kind of kindergarten coloring-in contest which has gotten carried away with itself, bear with us.
Is Palantir a good company?
Palantir stock is in a firefight between bulls and bears right now. Every time it moves up some, you have a whole lot of people saying, phew and double phew I got my money back or most of it, and selling. And that rush to liquidate is holding up the stock's move upwards.
Is Palantir a long term hold stock?
Palantir Technologies, for all the furore surrounding the stock, is simply an enterprise software business, and a good one to boot. Financial fundamentals are much better than the company is usually given credit for, and the stock price is, we believe, at an attractive buy point.
Is PLTR a good buy?
Palantir is, we think, a very strong long term hold stock. If we can leave you with one thought after you read our analysis, it would be: focus on the signal, ignore the noise. And that, after all, is what Palantir Technologies customers pay it to help them do.
Is PLTR a good long term investment?
But if you do have a choice in the matter, and you have a time horizon longer than the weekend (which, diamond hands notwithstanding, seems to be the extent of the meme community's outlook), we think PLTR stock is a resounding Buy. Fundamentals good, chart good, market improving, whole bunch of retail investors likely to suddenly warm up to the stock once it does start making a move, whole bunch of institutions likely to be buying in during this consolidation period. Buy.
