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Palantir Technologies Inc has a consensus price target of $35.58 based on the ratings of 20 analysts. The high is $80 issued by UBS on December 19, 2024. The low is $7.5 issued by Wolfe Research on August 8, 2023. The 3 most-recent analyst ratings were released by UBS, Mizuho, and Baird on December 19, 2024, December 13, 2024, and December 12, 2024, respectively. With an average price target of $64.67 between UBS, Mizuho, and Baird, there's an implied -19.72% 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 UBS on December 19, 2024. The analyst firm set a price target for $80.00 expecting PLTR to fall to within 12 months (a possible -0.68% downside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Palantir Technologies (NASDAQ:PLTR) was provided by UBS, and Palantir Technologies initiated their neutral 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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Palantir Technologies (PLTR) rating was a initiated with a price target of $0.00 to $80.00. The current price Palantir Technologies (PLTR) is trading at is $80.55, which is out of the analyst’s predicted range.
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