#6 - Palantir Technologies (NYSE:PLTR)
There are many stories surrounding Palantir Technologies Inc. (NYSE: PLTR), which can give investors a reason to stay away from a company that may be hard to understand. Retail investors have been fiercely loyal to Palantir, but institutional investors still have their doubts. However, PLTR stock is up 159% in 2024 and over 200% in the last 12 months, which has recently pushed the company’s market capitalization to over $100 billion.
A key driver of growth for Palantir in 2025 is likely to come from the company’s recent inclusion in the S&P 500. There’s some question about how much lift that can give to a stock that’s overvalued by any fundamental metric. The company will have to show 35% sales growth over an extended period to justify its valuation.
But almost every week, you hear about Palantir earning a new contract. And it’s not just government contracts; the company is also adding customers on its commercial side.
About Palantir Technologies
Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.
Read More - Current Price
- $42.44
- Consensus Rating
- Reduce
- Ratings Breakdown
- 3 Buy Ratings, 8 Hold Ratings, 5 Sell Ratings.
- Consensus Price Target
- $27.86 (34.4% Downside)
