# Palantir Technologies Inc.  Share Price Target ‘$21.45’, now -16.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/palantir-technologies-inc.share-price-target-21.45-now-16.1-downside-potential/4121161870
- Published: 2024-06-24T12:54:33+01:00
- Author: Charlotte Edwards

**Palantir Technologies Inc.** which can be found using ticker (PLTR) have now 16
market analysts covering the stock. The analyst consensus now points to a rating
of ‘hold’. The target price High/Low ranges between $35.00 and $9.00 and has a mean
share price target at $21.45. (at the time of writing). Given that the stocks previous
close was at $25.56 this would indicate that there is a downside of -16.1%. Also
worth taking note is the 50 day moving average now sits at $22.27 and the 200 day
MA is $19.95. The company has a market capitalization of 53.09B. The current share
price for the company is: $23.84 USD

 The potential market cap would be $44,552,637,224 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 198.67, 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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