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why is palantir stock dropping

by Ena Turcotte Published 3 years ago Updated 2 years ago
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The main reason Palantir Stock is dropping is its Initial Public Offering (IPO) lock-up period of days, which is typically 90 to 180 days. Palantir had initially didn’t want to pursue an IPO, feeling that going public would only make it difficult for the company, seeing that it is a massive secretive data company.

Palantir Technologies stock was dropping even after posting better-than-expected revenue growth in the fourth quarter, and offering first-quarter guidance that topped Wall Street estimates, as earnings fell short.Feb 17, 2022

Full Answer

Is Palantir stock a buy?

The first wave of Palantir’s latest declines came after the release of weaker-than-expected third quarter earnings results in early November, which unfortunately coincided with the omicron...

Why is there controversy around Palantir?

Dec 03, 2021 · But the growth that investors had hoped to see at the time of the IPO failed to materialize in the company's third quarter, causing shares to trade down 20.2% for the month, according to data...

Is Palantir a buy?

Feb 17, 2022 · February 17, 2022 9:07 am. Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 10.5% at $12.50 during Thursday's pre-market session after the company reported worse-than-expected ...

Should you buy pltr stock?

Jan 18, 2022 · After another sell-off, Palantir stock is down roughly 18% year to date. What happened The stock market has gotten off to a rocky start in 2022, and Tuesday delivered another day of sell-offs and a...

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Why is Palantir stock crashing?

Palantir (ticker: PLTR) stock is down about 35% year to date, pressured by a combination of poorly received financial results and the recent selloff in high-growth, high-multiple software shares.Mar 9, 2022

Will Palantir stock go up?

Palantir expects its revenue to rise 30% year over year in the first quarter of 2022, which exceeds analysts' expectations for 29% growth. It also reiterated its long-term goal of growing its revenues by at least 30% each year through 2025. Analysts expect its revenue to rise 32% to $2 billion in 2021.Feb 21, 2022

Is Palantir good stock to buy?

Key Points. Palantir disclosed new performance metrics for the first time. The company has a strong balance sheet and is well-positioned to invest in growth. Its commercial sector is beginning to gain steam.Feb 22, 2022

Is Palantir stock long-term?

According to the S-1 form, the company's top 20 customers have a contract life of 6.6 years, and the company is expecting an additional 3.5 years extension period. In addition, according to the latest 10-K Form, the top 3 customers by revenue have been with Palantir for an average of 5.7 years.Feb 5, 2022

Is Palantir undervalued?

We think investors are missing Palantir's long-term potential to be an essential component of data operations.Feb 17, 2022

Will Palantir ever be profitable?

According to sell-side estimates, Palantir will breakeven by 2024, when its bottom-line based on GAAP is expected to turn a small profit. Regarding its guidance, it was mixed as the company's top-line growth should remain strong, but profitability is not expected to improve much in the short term.Feb 17, 2022

Is PLTR a good long-term buy?

If we consider the growing demand for data in the U.S., and indeed the world, Palantir (NYSE: PLTR) looks like a great long-term investment for investors wanting a slice of the highly profitable big data analytics pie.

Does Palantir have a future?

Despite the recent concerns on the commercial and government segments, Palantir's overall growth has been solid. We expect sales to rise by around 40% in 2021 and Palantir further sees itself growing revenues at 30%-plus levels from 2021 through 2025.Jan 5, 2022

How high does PLTR go?

Palantir Technologies Inc (NYSE:PLTR) The 8 analysts offering 12-month price forecasts for Palantir Technologies Inc have a median target of 15.00, with a high estimate of 16.00 and a low estimate of 9.00. The median estimate represents a +18.44% increase from the last price of 12.67.

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