# Palantir Technologies Inc.  Share Price Target ‘$21.45’, now -17.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/palantir-technologies-inc.share-price-target-21.45-now-17.0-downside-potential/4121163673
- Published: 2024-07-04T11:27:54+01:00
- Author: Charlotte Edwards

**Palantir Technologies Inc.** which can be found using ticker (PLTR) now have 16
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 $9.00 with the average share target price sitting at $21.45. (at the 
time of writing). Given that the stocks previous close was at $25.83 this is indicating
there is a potential downside of -17.0%. It’s also worth noting that there is a 
50 day moving average of $22.82 and the 200 day MA is $20.33. The market capitalization
for the company is 57.57B. The stock price is currently at: $25.85 USD

 The potential market cap would be $47,803,990,035 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 215.42, 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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