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NYSE: PLTR
Palantir Technologies Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for PLTR

Based on 7 analysts offering 12 month price targets for Palantir Technologies Inc.
Min Forecast
$15.00-20.21%
Avg Forecast
$23.57+25.38%
Max Forecast
$34.00+80.85%

Should I buy or sell PLTR stock?

Based on 8 analysts offering ratings for Palantir Technologies Inc.
Sell
Strong Buy
1 analysts 12.5%
Buy
0 analysts 0%
Hold
3 analysts 37.5%
Sell
2 analysts 25%
Strong Sell
2 analysts 25%

PLTR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Bottom 14%
14
HoldInitiates Coverage On$25.00+32.98%2021-11-16Find out why
Morgan Stanley
Top 3%
98
Strong SellMaintains$24.00+27.66%2021-11-10Find out why
RBC Capital
Bottom 17%
17
SellDowngrades$19.00+1.06%2021-11-10
Deutsche Bank
Top 7%
94
HoldInitiates Coverage On$25.00+32.98%2021-11-02
Wolfe Research
Top 1%
100
HoldInitiates Coverage On$23.00+22.34%2021-04-23
William Blair
Bottom 44%
44
SellDowngradesN/AN/A2021-02-17
Goldman Sachs
Top 30%
71
Strong BuyUpgrades$34.00+80.85%2021-02-17
Anonymous
William Blair
HoldInitiates Coverage OnN/AN/A2021-01-20
Citigroup
Top 11%
90
Strong SellDowngrades$15.00-20.21%2021-01-13

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Forecast return on equity

Is PLTR forecast to generate an efficient return?
Company
27.65%
Industry
-22.38%
Market
46.47%
PLTR's Return on Equity is forecast to be high in 3 years (27.65%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is PLTR forecast to generate an efficient return on assets?
Company
19.28%
Industry
15.8%
PLTR is forecast to generate higher Return on Assets (19.28%) than the US Software - Infrastructure industry average (15.8%)
Forecast

PLTR earnings per share forecast

What is PLTR's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.00-100%
Avg 2 year Forecast
$0.21+320%
Avg 3 year Forecast
$0.31+520%
PLTR's earnings are forecast to grow at an exceptional rate of 88.98% per year
Forecast

PLTR revenue forecast

What is PLTR's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.5B+6.7%
Avg 2 year Forecast
$2.0B+36.45%
Avg 3 year Forecast
$2.6B+82.54%
PLTR's revenue is forecast to grow at a rate of 18.55% per year, which is not exceptional
Forecast

PLTR earnings growth forecast

How is PLTR forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
88.98%
Industry
4.02%
Market
17.69%
PLTR's earnings are forecast to grow faster (88.98% per year) than the US Software - Infrastructure industry average (4.02%)
Forecast
PLTR's earnings are forecast to grow faster (88.98% per year) than the US market average (17.69%)
Forecast
PLTR's earnings are forecast to grow faster (88.98% per year) than the risk-free savings rate (1.4%)
Forecast

PLTR revenue growth forecast

How is PLTR forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
18.55%
Industry
11.8%
Market
10.71%
PLTR's revenues are forecast to grow faster (18.55% per year) than the US Software - Infrastructure industry average (11.8%)
Forecast
PLTR's revenues are forecast to grow faster (18.55% per year) than the US market average (10.71%)
Forecast

Palantir Technologies Stock Forecast FAQ

Is Palantir Technologies Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: PLTR) stock is to Sell PLTR stock.

Out of 8 analysts, 1 (12.5%) are recommending PLTR as a Strong Buy, 0 (0%) are recommending PLTR as a Buy, 3 (37.5%) are recommending PLTR as a Hold, 2 (25%) are recommending PLTR as a Sell, and 2 (25%) are recommending PLTR as a Strong Sell.

What is PLTR's earnings growth forecast for 2021-2023?

(NYSE: PLTR) Palantir Technologies's forecast annual earnings growth rate of 88.98% is forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 4.02%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Palantir Technologies's earnings in 2021 is -$512,534,000.On average, 2 Wall Street analysts forecast PLTR's earnings for 2021 to be $0, with the lowest PLTR earnings forecast at $0, and the highest PLTR earnings forecast at $20,048,209. On average, 2 Wall Street analysts forecast PLTR's earnings for 2022 to be $421,012,395, with the lowest PLTR earnings forecast at $360,867,767, and the highest PLTR earnings forecast at $461,108,814.

In 2023, PLTR is forecast to generate $621,494,488 in earnings, with the lowest earnings forecast at $621,494,488 and the highest earnings forecast at $621,494,488.

What is PLTR's revenue growth forecast for 2021-2023?

(NYSE: PLTR) Palantir Technologies's forecast annual revenue growth rate of 18.55% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.8%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Palantir Technologies's revenue in 2021 is $1,431,113,000.On average, 3 Wall Street analysts forecast PLTR's revenue for 2021 to be $3,061,447,767,410, with the lowest PLTR revenue forecast at $3,061,361,560,110, and the highest PLTR revenue forecast at $3,061,562,042,203. On average, 3 Wall Street analysts forecast PLTR's revenue for 2022 to be $3,914,839,892,683, with the lowest PLTR revenue forecast at $3,838,029,188,392, and the highest PLTR revenue forecast at $4,011,927,355,860.

In 2023, PLTR is forecast to generate $5,237,314,004,695 in revenue, with the lowest revenue forecast at $5,237,314,004,695 and the highest revenue forecast at $5,237,314,004,695.

What is PLTR's forecast return on assets (ROA) for 2021-2023?

(NYSE: PLTR) forecast ROA is 19.28%, which is higher than the forecast US Software - Infrastructure industry average of 15.8%.

What is PLTR's Price Target?

According to 7 Wall Street analysts that have issued a 1 year PLTR price target, the average PLTR price target is $23.57, with the highest PLTR stock price forecast at $34.00 and the lowest PLTR stock price forecast at $15.00.

On average, Wall Street analysts predict that Palantir Technologies's share price could stay at $23.57 by Nov 16, 2022. The average Palantir Technologies stock price prediction forecasts a potential downside of N/A from the current PLTR share price of $18.80.

What is PLTR's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: PLTR) Palantir Technologies's current Earnings Per Share (EPS) is $0.05. On average, analysts forecast that PLTR's EPS will be $0.00 for 2021, with the lowest EPS forecast at $0.00, and the highest EPS forecast at $0.01. On average, analysts forecast that PLTR's EPS will be $0.21 for 2022, with the lowest EPS forecast at $0.18, and the highest EPS forecast at $0.23. In 2023, PLTR's EPS is forecast to hit $0.31 (min: $0.31, max: $0.31).

What is PLTR's forecast return on equity (ROE) for 2021-2023?

(NYSE: PLTR) forecast ROE is 27.65%, which is considered strong.
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