# Palantir Technologies Inc. – Consensus ‘hold’ rating and -4.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/palantir-technologies-inc.consensus-hold-rating-and-4.1-downside-potential/4121126349
- Published: 2023-08-30T13:32:44+01:00
- Author: Charlotte Edwards

**Palantir Technologies Inc.** with ticker code (PLTR) now have 14 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The range between
the high target price and low target price is between 25 and 5 calculating the average
target price we see $14.04. Now with the previous closing price of $14.64 this now
indicates there is a potential downside of -4.1%. Also worth taking note is the 
50 day moving average now sits at $16.05 and the 200 day MA is $10.55. The market
capitalization for the company is 33.14B. The stock price for the company is currently
15.4 USD

 The potential market cap would be $31,780,059,925 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 -, revenue per share of 0.97 and
a -1.13% 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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