I have the view that PLTR has a long growth runway ahead of it but would be a quick seller if the company was unable to meet its outlook for 30% average growth. I rate the stock a strong buy as the underlying growth and multiple expansion potential both make this a compelling buy at current prices
Is Palantir a good stock to buy now?
The current revenue consensus for 2022 is 28.7%, below Palantir’s annual growth guidance The full-year 2022 margin guidance remains at 27%. However, little clarity has been given on how the company intends to achieve these numbers, as it has already started Q1 reporting 7% below.
Is Palantir a buy sell or hold?
Palantir Technologies has received a consensus rating of Hold The company’s average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.
Is Palantir a 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.
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.
How high does PLTR go?
stock price forecast The 12 analysts offering 12-month price forecasts for Palantir Technologies Inc have a median target of 11.00, with a high estimate of 16.00 and a low estimate of 6.00. The median estimate represents a +8.91% increase from the last price of 10.10.
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 NIO a buy or sell?
In 2021, Nio more than doubled ev sales, despite pandemic-related challenges. Out of 33 analysts covering Nio stock, 31 rate it a buy Two analysts have a hold and no one has a sell, FactSet says.
Does PLTR have future?
Growth Narrative Per the company’s Feb. 17 earnings report, “ Annual revenue growth of 30% or greater through 2025 ” can be expected. And that’s what the company is also telegraphing for the next quarter when it anticipates $443 million in revenues. The company posted $341 million in the first quarter of 2021.
Will PLTR go up?
Even though Q3 2021 revenue growth decelerated, Palantir continues to grow its topline every quarter, and given the favorable industry outlook as well as market opportunities, we believe the management guidance for 30%+ annual growth through 2025 is easily attainable.
Will PLTR bounce back?
Going forward, PLTR’s fundamental picture is estimated to improve Revenues are expected to flatten to $444 million in Q1 2022 before expanding sturdily in 2022, up 29.7% year-over-year to $2 billion, providing an upside to PLTR stock. In addition, PLTR stock is closer and closer to breaking even.
Is PLTR a hold?
Palantir (PLTR) stock forecast: 2022–2030 The stock had a consensus ‘hold’ recommendation at the time of writing (8 April), with two analysts rating it as a ‘buy’, four as a ‘hold’ and another two as a ‘sell’.
Why is Palantir doing so poorly?
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.
Does Palantir have a moat?
Palantir possesses four core moats , ranging from the proprietary algorithms, the Government, the high switching costs, and the network effect.
Is Palantir cheap?
Palantir’s (PLTR) commercial business is growing at a rapid clip.
What does Pltr company do?
Palantir Technologies is a public American software company that specializes in big data analytics Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003.
Is Palantir being shorted?
short interest is the volume of Palantir Technologies shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 107,050,000 shares of PLTR short. 6.49% of Palantir Technologies’ shares are currently sold short.
Is PLTR a growth or value stock?
Palantir (NYSE:PLTR) is a great example of how difficult it is to value high-growth companies. PLTR is growing revenues 20-30% annually and has appealing gross margins (~70%). The company also has yet to generate net income and is increasing its share count by 10-15% annually.
Is Palantir profitable?
According to the 10 industry analysts covering Palantir Technologies, the consensus is that breakeven is near They anticipate the company to incur a final loss in 2023, before generating positive profits of US$52m in 2024. So, the company is predicted to breakeven approximately 2 years from now.
Is Palantir debt free?
As of Dec. 31, 2021, Palantir had $2.3 billion of cash while carrying no debt During the same period in 2020, Palantir had $2 billion of cash and nearly $200 million of debt on the balance sheet. The increase in cash has allowed Palantir a level of financial flexibility superior to its peers.
Is Palantir a good investment 2021?
He also thinks that Palantir’s annual revenue growth target of 30% is achievable, given its recent history of consistent results – in 2021 alone, Palantir posted an impressive 41% top-line growth Finally, the analyst sees Palantir’s sales and marketing growth initiatives paying off.
Is PLTR bullish?
Palantir Stock: Bullish , But Downward Pressure On Price (NYSE:PLTR) | Seeking Alpha.
Does PLTR hit 30?
Based on the previous trends, PLTR is on track to exceed $1.5 billion of revenue in 2021 which would blowout their 30% annual YoY growth estimates.
Is Palantir a sell?
With the recent sell-off , Palantir stock has now fallen by over 75% from its 2021 highs and is now trading at just about $7.50 per share, which is below its 2020 IPO listing price. However, we think that the risk to reward tradeoff for Palantir looks very compelling at current levels.
What is the outlook for Palantir?
Palantir repeated a previous forecast for 27% adjusted operating margins for the full year, and likewise reiterated its long-term forecast for annual revenue growth of 30% or better through 2025.
Why is Palantir stock going up?
Palantir has continuously illustrated high growth, but we may see an acceleration moving forward. In Q4, Palantir reported 34% revenue growth, including 47% in commercial and 26% in its government segment. Its U.S commercial revenue growth spiked by 132%, and the company reported 80% gross margins.
Is Pltr Mid Cap?
Palantir Technologies Inc. Class A is a company in the U.S. stock market and it is a holding in 88 U.S.-traded ETFs. PLTR has around 88.0M shares in the U.S. ETF market. The largest ETF holder of PLTR is the Vanguard Mid-Cap ETF (VO), with approximately 13.69M shares.
What is PE ratio of Pltr?
The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Palantir Technologies PE ratio as of June 16, 2022 is 63.92 Please refer to the Stock Price Adjustment Guide for more information on our historical prices.
Is NIO a strong buy?
“ 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.
Will Palantir survive?
Palantir said it will deliver a 23% adjusted operating margin on $443 million in revenue during the quarter ending in March, falling short of an average of analysts’ estimates compiled by Bloomberg. The company said it expects its operating margin to increase to 27% in the fiscal 2022.