# Palantir Technologies Inc.  Share Price Target ‘$20.54’, now -10.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/palantir-technologies-inc.share-price-target-20.54-now-10.0-downside-potential/4121154341
- Published: 2024-05-01T13:36:34+01:00
- Author: Charlotte Edwards

**Palantir Technologies Inc.** with ticker code (PLTR) have now 15 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
range between the high target price and low target price is between $35.00 and $
5.00 calculating the mean target share price we have $20.54. (at the time of writing).
Given that the stocks previous close was at $22.83 this is indicating there is a
potential downside of -10.0%. The day 50 moving average is $23.40 while the 200 
day moving average is $18.84. The company has a market cap of 48.93B. The stock 
price for the company is currently $21.97 USD

 The potential market cap would be $44,019,271,171 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 244.11, revenue per share of $1.04
and a 1.88% 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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