# Palantir Technologies Inc. – Consensus ‘hold’ rating and -14.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/palantir-technologies-inc.consensus-hold-rating-and-14.9-downside-potential/4121163278
- Published: 2024-07-01T13:17:27+01:00
- Author: Charlotte Edwards

**Palantir Technologies Inc.** with ticker code (PLTR) have now 16 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The range between
the high target price and low target price is between $35.00 and $9.00 and has a
mean target at $21.45. Now with the previous closing price of $25.22 this indicates
there is a potential downside of -14.9%. The 50 day MA is $22.52 and the 200 moving
average now moves to $20.18. The market cap for the company is 56.41B. The current
stock price for Microsoft Corporation is currently $25.33 USD

 The potential market cap would be $47,975,345,458 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 211.08, revenue per share of $1.07
and a 2.9% return on assets.

Palantir Technologies Inc. is engaged in building software to assist in counterterrorism
investigations and operations. The Company’s three principal software platforms 
include Palantir Gotham (Gotham), Palantir Foundry (Foundry), and Palantir Apollo(
Apollo). Gotham enables users to identify patterns hidden deep within datasets, 
ranging from signals intelligence sources to reports from confidential informants.
It also facilitates the hand-off between analysts and operational users, helping
operators plan and execute real-world responses to threats. Foundry transforms the
ways organizations operate by creating a central operating system for their data.
Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery
of new features, security updates, and platform configurations, helping to ensure
the continuous operation of critical systems and allowing its customers to run their
software in virtually any environment.

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