Stock FAQs

why is pltr stock dropping

by Kiana Kilback PhD Published 2 years ago Updated 2 years ago
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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.May 2, 2022

Is PLTR stock a good 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.

Is PLTR a good long-term investment?

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.

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.

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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