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Palantir (PLTR) Stock Forecast, Price Target & Predictions

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PLTR Stock Forecast

Palantir stock forecast is as follows: an average price target of $24.34 (represents a -60.82% downside from PLTR’s last price of $62.12) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.

PLTR Price Target

The average price target for Palantir (PLTR) is $24.34 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $4.50. This represents a potential -60.82% downside from PLTR's last price of $62.12.

PLTR Analyst Ratings

Hold

According to 14 Wall Street analysts, Palantir's rating consensus is 'Hold'. The analyst rating breakdown for PLTR stock is 0 'Strong Buy' (0.00%), 5 'Buy' (35.71%), 6 'Hold' (42.86%), 3 'Sell' (21.43%), and 0 'Strong Sell' (0.00%).

Palantir Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Dan IvesWedbush$57.00$51.0211.72%-8.24%
Nov 05, 2024Gil LuriaD.A. Davidson$47.00$51.02-7.88%-24.34%
Sep 26, 2024Daniel IvesWedbush$45.00$37.1221.23%-27.56%
Sep 16, 2024Mariana Perez MoraBank of America Securities$50.00$35.8839.37%-19.51%
Aug 22, 2024Michael LatimoreNorthland Securities$35.00$32.597.39%-43.66%
Aug 08, 2024Tyler RadkeCitigroup$30.00$29.282.46%-51.71%
Aug 06, 2024Gabriela BorgesGoldman Sachs$16.00$26.59-39.83%-74.24%
Aug 06, 2024Mariana Perez MoraBank of America Securities$30.00$26.9311.42%-51.71%
Aug 06, 2024Dan IvesWedbush$38.00$26.8241.68%-38.83%
Aug 06, 2024Gil LuriaD.A. Davidson$28.00$24.0916.23%-54.93%
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The latest Palantir stock forecast, released on Nov 05, 2024 by Dan Ives from Wedbush, set a price target of $57.00, which represents a 11.72% increase from the stock price at the time of the forecast ($51.02), and a -8.24% decrease from PLTR last price ($62.12).

Palantir Price Target by Period

1M3M12M
# Anlaysts2517
Avg Price Target$52.00$46.80$33.94
Last Closing Price$62.12$62.12$62.12
Upside/Downside-16.29%-24.66%-45.36%

In the current month, the average price target of Palantir stock is $52.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -16.29% decrease as opposed to Palantir's last price of $62.12. This month's average price target is up 11.11% compared to last quarter, and up 53.21% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024WedbushBuyBuyHold
Oct 17, 2024RBC CapitalUnderperformUnderperformHold
Sep 27, 2024WedbushPositivePositiveHold
Sep 26, 2024RBC CapitalUnderperformUnderperformHold
Sep 26, 2024WedbushBuyBuyHold
Sep 26, 2024WedbushOutperformOutperformHold
Sep 23, 2024Raymond JamesOutperformMarket PerformDowngrade
Sep 16, 2024Bank of America SecuritiesBuyBuyHold
Sep 12, 2024CitigroupNeutralNeutralHold
Aug 07, 2024WedbushBuyBuyHold
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Palantir's last stock rating was published by Wedbush on Oct 17, 2024. The company gave PLTR a "Buy" rating, the same as its previous rate.

Palantir Financial Forecast

Palantir Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue------------$608.35M$558.16M$533.32M$525.19M$508.62M$477.88M$473.01M$446.36M$432.87M$392.15M$375.64M$341.23M$322.09M$289.37M
Avg Forecast$1.13B$1.08B$1.03B$970.24M$952.98M$892.98M$845.75M$801.36M$777.79M$705.11M$653.23M$615.40M$602.88M$555.51M$533.38M$505.82M$502.58M$474.76M$469.09M$443.42M$417.67M$385.02M$360.30M$332.24M$300.74M$279.35M
High Forecast$1.17B$1.12B$1.07B$1.01B$991.19M$928.78M$879.66M$814.51M$819.99M$705.94M$653.23M$615.44M$612.19M$557.95M$554.76M$526.10M$522.73M$474.76M$469.09M$443.42M$417.67M$385.02M$360.30M$332.24M$300.74M$279.35M
Low Forecast$1.10B$1.05B$1.00B$947.18M$930.34M$871.76M$825.65M$775.62M$767.56M$704.29M$653.23M$615.35M$600.25M$553.20M$520.71M$493.81M$490.64M$474.76M$469.09M$443.42M$417.67M$385.02M$360.30M$332.24M$300.74M$279.35M
# Analysts5454434894336115954475510755
Surprise %------------1.01%1.00%1.00%1.04%1.01%1.01%1.01%1.01%1.04%1.02%1.04%1.03%1.07%1.04%

Palantir's average Quarter revenue forecast for Mar 24 based on 3 analysts is $615.40M, with a low forecast of $615.35M, and a high forecast of $615.44M. PLTR's average Quarter revenue forecast represents a 1.16% increase compared to the company's last Quarter revenue of $608.35M (Dec 23).

Palantir EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454434894336115954475510755
EBITDA------------$65.79M$39.98M$39.76M$30.43M$46.93M$-115.75M$-171.18M$-94.45M$-118.74M$-97.03M$-138.89M$-115.30M$-150.56M$-857.26M
Avg Forecast$-484.82M$-464.69M$-442.25M$-418.12M$-410.69M$-384.83M$-364.48M$-345.35M$-335.19M$-303.87M$-281.51M$-154.28M$-259.81M$-239.40M$-229.86M$-140.26M$-176.33M$-191.86M$-189.56M$-127.51M$-168.79M$-155.59M$-145.60M$-115.30M$-121.53M$-1.93B
High Forecast$-473.30M$-453.65M$-431.74M$-408.19M$-400.93M$-375.69M$-355.82M$-334.25M$-330.78M$-303.51M$-281.51M$-123.43M$-258.68M$-238.40M$-224.40M$-112.21M$-141.06M$-191.86M$-189.56M$-102.01M$-168.79M$-155.59M$-145.60M$-92.24M$-121.53M$-1.54B
Low Forecast$-504.26M$-483.32M$-459.98M$-434.89M$-427.15M$-400.26M$-379.09M$-351.01M$-353.38M$-304.22M$-281.51M$-185.14M$-263.82M$-240.45M$-239.08M$-168.31M$-211.60M$-191.86M$-189.56M$-153.01M$-168.79M$-155.59M$-145.60M$-138.35M$-121.53M$-2.31B
Surprise %-------------0.25%-0.17%-0.17%-0.22%-0.27%0.60%0.90%0.74%0.70%0.62%0.95%1.00%1.24%0.44%

3 analysts predict PLTR's average Quarter EBITDA for Mar 24 to be $-154.28M, with a high of $-123.43M and a low of $-185.14M. This is -334.50% lower than Palantir's previous annual EBITDA (Dec 23) of $65.79M.

Palantir Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454434894336115954475510755
Net Income------------$93.39M$71.50M$28.13M$16.80M$30.88M$-123.88M$-179.33M$-101.38M$-156.19M$-102.14M$-138.58M$-123.47M$-148.34M$-853.32M
Avg Forecast$389.53M$362.62M$337.04M$316.48M$314.16M$303.44M$285.26M$264.55M$272.40M$222.93M$197.98M$-165.60M$186.03M$138.99M$124.97M$-150.55M$-231.94M$47.35M$73.98M$-136.86M$85.53M$89.86M$85.42M$-123.47M$49.71M$-1.92B
High Forecast$409.82M$381.51M$354.60M$332.98M$330.54M$319.25M$300.12M$288.61M$297.17M$224.95M$198.59M$-132.48M$209.28M$146.23M$131.49M$-120.44M$-185.55M$47.35M$73.98M$-109.49M$85.53M$89.86M$85.42M$-98.78M$49.71M$-1.54B
Low Forecast$377.50M$351.43M$326.63M$306.71M$304.45M$294.07M$276.46M$240.50M$247.63M$220.92M$197.38M$-198.72M$162.77M$115.82M$121.11M$-180.66M$-278.33M$47.35M$73.98M$-164.23M$85.53M$89.86M$85.42M$-148.17M$49.71M$-2.30B
Surprise %------------0.50%0.51%0.23%-0.11%-0.13%-2.62%-2.42%0.74%-1.83%-1.14%-1.62%1.00%-2.98%0.44%

Palantir's average Quarter net income forecast for Mar 24 is $-165.60M, with a range of $-198.72M to $-132.48M. PLTR's average Quarter net income forecast represents a -277.32% decrease compared to the company's last Quarter net income of $93.39M (Dec 23).

Palantir SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454434894336115954475510755
SG&A------------$324.63M$304.55M$316.81M$323.33M$340.10M$331.60M$324.36M$302.79M$320.07M$302.97M$320.34M$282.67M$314.03M$673.89M
Avg Forecast$972.88M$932.49M$887.45M$839.04M$824.12M$772.23M$731.39M$693.00M$672.62M$609.77M$564.90M$494.61M$521.35M$480.39M$461.26M$449.65M$475.31M$410.57M$405.66M$408.77M$361.19M$332.96M$311.58M$282.67M$260.07M$241.58M
High Forecast$1.01B$969.87M$923.03M$872.68M$857.16M$803.19M$760.71M$704.37M$709.11M$610.48M$564.90M$593.53M$529.41M$482.50M$479.75M$539.58M$570.37M$410.57M$405.66M$490.52M$361.19M$332.96M$311.58M$339.20M$260.07M$241.58M
Low Forecast$949.77M$910.33M$866.36M$819.10M$804.54M$753.88M$714.01M$670.74M$663.77M$609.05M$564.90M$395.69M$519.08M$478.39M$450.30M$359.72M$380.24M$410.57M$405.66M$327.02M$361.19M$332.96M$311.58M$226.13M$260.07M$241.58M
Surprise %------------0.62%0.63%0.69%0.72%0.72%0.81%0.80%0.74%0.89%0.91%1.03%1.00%1.21%2.79%

Palantir's average Quarter SG&A projection for Mar 24 is $494.61M, based on 3 Wall Street analysts, with a range of $395.69M to $593.53M. The forecast indicates a 52.36% rise compared to PLTR last annual SG&A of $324.63M (Dec 23).

Palantir EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454434894336115954475510755
EPS------------$0.04$0.03$0.01$0.01$0.01$-0.06$-0.09$-0.05$-0.08$-0.05$-0.07$-0.07$-0.08$-0.94
Avg Forecast$0.16$0.15$0.14$0.13$0.13$0.12$0.12$0.11$0.11$0.09$0.08$0.08$0.08$0.06$0.05$0.04$0.03$0.02$0.03$0.04$0.04$0.04$0.04$0.04$0.02$0.02
High Forecast$0.17$0.16$0.14$0.14$0.13$0.13$0.12$0.12$0.12$0.09$0.08$0.08$0.09$0.06$0.05$0.04$0.03$0.02$0.03$0.04$0.04$0.04$0.04$0.04$0.02$0.02
Low Forecast$0.15$0.14$0.13$0.12$0.12$0.12$0.11$0.10$0.10$0.09$0.08$0.08$0.07$0.05$0.05$0.04$0.03$0.02$0.03$0.04$0.04$0.04$0.04$0.04$0.02$0.02
Surprise %------------0.56%0.59%0.20%0.25%0.37%-3.06%-2.94%-1.38%-2.26%-1.34%-1.98%-1.91%-3.89%-46.30%

According to 3 Wall Street analysts, Palantir's projected average Quarter EPS for Mar 24 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a 80.99% increase compared to PLTR previous annual EPS of $0.04 (Dec 23).

Palantir Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SQBlock$89.70$129.5044.37%Buy
ADBEAdobe$499.50$592.0318.52%Buy
ZSZscaler$200.94$233.4116.16%Buy
MSFTMicrosoft$415.49$442.476.49%Buy
NETCloudflare$96.47$95.45-1.06%Hold
CRWDCrowdStrike$350.15$321.14-8.29%Buy
PANWPalo Alto Networks$392.89$323.26-17.72%Buy
ORCLOracle$190.75$147.59-22.63%Buy
PLTRPalantir$62.12$24.34-60.82%Hold

PLTR Forecast FAQ

Is Palantir a good buy?

No, according to 14 Wall Street analysts, Palantir (PLTR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 35.71% of PLTR's total ratings.

What is PLTR's price target?

Palantir (PLTR) average price target is $24.34 with a range of $4.5 to $57, implying a -60.82% from its last price of $62.12. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Palantir stock go up soon?

According to Wall Street analysts' prediction for PLTR stock, the company can go down by -60.82% (from the last price of $62.12 to the average price target of $24.34), down by -8.24% based on the highest stock price target, and down by -92.76% based on the lowest stock price target.

Can Palantir stock reach $90?

PLTR's average twelve months analyst stock price target of $24.34 does not support the claim that Palantir can reach $90 in the near future.

What is Palantir's current price target trend?

2 Wall Street analysts forecast a $52 price target for Palantir (PLTR) this month, down -16.29% from its last price of $62.12. Compared to the last 3 and 12 months, the average price target decreased by -24.66% and decreased by -45.36%, respectively.

What are Palantir's analysts' financial forecasts?

Palantir's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.49B (high $3.61B, low $3.4B), average EBITDA is $-1.505B (high $-1.467B, low $-1.558B), average net income is $1.17B (high $1.24B, low $1.12B), average SG&A $3.02B (high $3.13B, low $2.94B), and average EPS is $0.475 (high $0.504, low $0.454). PLTR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.2B (high $4.37B, low $4.1B), average EBITDA is $-1.81B (high $-1.767B, low $-1.882B), average net income is $1.41B (high $1.48B, low $1.36B), average SG&A $3.63B (high $3.78B, low $3.55B), and average EPS is $0.572 (high $0.601, low $0.554).

Did the PLTR's actual financial results beat the analysts' financial forecasts?

Based on Palantir's last annual report (Dec 2023), the company's revenue was $2.23B, beating the average analysts forecast of $2.2B by 1.25%. Apple's EBITDA was $119.97M, missing the average prediction of $-869M by -113.80%. The company's net income was $209.82M, missing the average estimation of $299.44M by -29.93%. Apple's SG&A was $1.27B, missing the average forecast of $1.91B by -33.64%. Lastly, the company's EPS was $0.0977, missing the average prediction of $0.223 by -56.11%. In terms of the last quarterly report (Dec 2023), Palantir's revenue was $608.35M, beating the average analysts' forecast of $602.88M by 0.91%. The company's EBITDA was $65.79M, missing the average prediction of $-260M by -125.32%. Palantir's net income was $93.39M, missing the average estimation of $186.03M by -49.80%. The company's SG&A was $324.63M, missing the average forecast of $521.35M by -37.73%. Lastly, the company's EPS was $0.0427, missing the average prediction of $0.0756 by -43.54%