Stock FAQs

why is palantir stock down

by Juston Quitzon Published 3 years ago Updated 2 years ago
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Palantir closes down 21% on weak revenue guidance, earnings miss. Shares of Palantir plunged Monday. The software company issued a weaker-than-expected revenue outlook. It also missed on earnings.May 9, 2022

Full Answer

Is Palantir stock a buy?

SA authors have rated it a buy, on average. SA’s Quant ratings, however, rank the stock a sell. While Palantir received an A+ for growth, it earned a C- for valuation and profitability, and a D-...

Why is there controversy around Palantir?

  • The work that I do feels important.
  • The work that I do is challenging.
  • The people who I work with care.
  • The people who I work with are smart.
  • The people who I work with are pleasant.
  • The company is filled with awesome resources.
  • The work that I do is consistently rewarded and recognized.

Is Palantir a buy?

Palantir Technologies Inc. (PLTR) closed the most recent trading day at $12.98, moving +0.31% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.37%. Prior to ...

Should you buy pltr stock?

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant.

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Why are Palantir stocks dropping?

Palantir Technologies Inc. PLTR 5.86%▲ shares fell more than 20% after the company forecast that its sales growth is slowing as its government business drags down growth. The data-mining company on Monday projected sales of $470 million in the current quarter, up 25% from a year earlier.

Is Palantir a good stock to buy?

The positive long-term outlook for Palantir is the growth of its commercial customers, equivalent to 86% YoY growth. However, it will take some time for revenue growth through new customers to be reflected. This might have important potential for an upside in the long run.

What is happening to Palantir?

Despite the recent concerns, Palantir's overall growth rate is likely to remain solid. Sales are on track to rise by around 40% in 2021 (results are likely due in February) and Palantir further sees its revenues growing at levels of over 30% each year between 2021 through 2025.

Will Palantir recover?

Growth at scale. Despite being at a ~$2 billion annual revenue scale, Palantir continues to deliver 30-40% y/y revenue growth, and its long-term outlook calls for the company to be able to sustain growth rates in excess of 30% y/y through at least 2025.

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.

What will PLTR be worth in 10 years?

Palantir's path toward a trillion-dollar market cap If it hits its target for 2025, then continues to grow its revenue at an average rate of 20% over the following 10 years, it could generate nearly $27 billion in revenue in 2035.

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