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Palantir Technologies Inc has a consensus price target of $30.22 based on the ratings of 18 analysts. The high is $75 issued by B of A Securities on November 25, 2024. The low is $7.5 issued by Wolfe Research on August 8, 2023. The 3 most-recent analyst ratings were released by B of A Securities, Wedbush, and Goldman Sachs on November 25, 2024, November 25, 2024, and November 7, 2024, respectively. With an average price target of $63.67 between B of A Securities, Wedbush, and Goldman Sachs, there's an implied -3.83% downside for Palantir Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Palantir Technologies (NASDAQ:PLTR) was reported by B of A Securities on November 25, 2024. The analyst firm set a price target for $75.00 expecting PLTR to rise to within 12 months (a possible 13.29% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Palantir Technologies (NASDAQ:PLTR) was provided by B of A Securities, and Palantir Technologies maintained their buy rating.
The last upgrade for Palantir Technologies Inc happened on February 6, 2024 when Citigroup raised their price target to $20. Citigroup previously had a sell for Palantir Technologies Inc.
The last downgrade for Palantir Technologies Inc happened on November 7, 2024 when Argus Research changed their price target from N/A to N/A for Palantir Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Palantir Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Palantir Technologies was filed on November 25, 2024 so you should expect the next rating to be made available sometime around November 25, 2025.
While ratings are subjective and will change, the latest Palantir Technologies (PLTR) rating was a maintained with a price target of $55.00 to $75.00. The current price Palantir Technologies (PLTR) is trading at is $66.20, which is within the analyst’s predicted range.
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