Palantir (PLTR) Stock Forecast, Price Target & Predictions
PLTR Stock Forecast
Palantir stock forecast is as follows: an average price target of $20.72 (represents a -41.78% downside from PLTR’s last price of $35.59) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
PLTR Price Target
The average price target for Palantir (PLTR) is $20.72 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $4.50. This represents a potential -41.78% downside from PLTR's last price of $35.59.
PLTR Analyst Ratings
According to 14 Wall Street analysts, Palantir's rating consensus is 'Buy'. The analyst rating breakdown for PLTR stock is 0 'Strong Buy' (0.00%), 6 'Buy' (42.86%), 5 'Hold' (35.71%), 3 'Sell' (21.43%), and 0 'Strong Sell' (0.00%).
Palantir Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 22, 2024 | Michael Latimore | Northland Securities | $35.00 | $32.59 | 7.39% | -1.66% |
| Aug 08, 2024 | Tyler Radke | Citigroup | $30.00 | $29.28 | 2.46% | -15.71% |
| Aug 06, 2024 | Gabriela Borges | Goldman Sachs | $16.00 | $26.59 | -39.83% | -55.04% |
| Aug 06, 2024 | Mariana Perez Mora | Bank of America Securities | $30.00 | $26.93 | 11.42% | -15.71% |
| Aug 06, 2024 | Dan Ives | Wedbush | $38.00 | $26.82 | 41.68% | 6.77% |
| Aug 06, 2024 | Gil Luria | D.A. Davidson | $28.00 | $24.09 | 16.23% | -21.33% |
| Jul 18, 2024 | Daniel Ives | Wedbush | $50.00 | $28.91 | 72.98% | 40.49% |
| Jun 17, 2024 | Joseph Bonner | Argus Research | $29.00 | $23.57 | 23.04% | -18.52% |
| May 07, 2024 | Gregg Moskowitz | Mizuho Securities | $21.00 | $21.59 | -2.76% | -40.99% |
| May 07, 2024 | Gil Luria | D.A. Davidson | $24.00 | $21.70 | 10.62% | -32.57% |
The latest Palantir stock forecast, released on Aug 22, 2024 by Michael Latimore from Northland Securities, set a price target of $35.00, which represents a 7.39% increase from the stock price at the time of the forecast ($32.59), and a -1.66% decrease from PLTR last price ($35.59).
Palantir Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 8 | 13 |
| Avg Price Target | $35.00 | $32.00 | $29.08 |
| Last Closing Price | $35.59 | $35.59 | $35.59 |
| Upside/Downside | -1.66% | -10.09% | -18.29% |
In the current month, the average price target of Palantir stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -1.66% decrease as opposed to Palantir's last price of $35.59. This month's average price target is up 9.38% compared to last quarter, and up 20.36% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 07, 2024 | Wedbush | Buy | Buy | Hold |
| Aug 07, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Aug 06, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Aug 06, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Aug 06, 2024 | Raymond James | Outperform | Outperform | Hold |
| Aug 06, 2024 | William Blair | Underperform | Underperform | Hold |
| Aug 06, 2024 | Deutsche Bank | Sell | Sell | Hold |
| Jul 30, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 28, 2024 | Jefferies | Hold | Hold | Hold |
Palantir's last stock rating was published by Citigroup on Sep 12, 2024. The company gave PLTR a "Neutral" rating, the same as its previous rate.
Palantir Financial Forecast
Palantir Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $608.35M | $558.16M | $533.32M | $525.19M | $508.62M | $477.88M | - | $446.36M | $432.87M | $392.15M | $375.64M | $341.23M | $322.09M | $289.37M |
| Avg Forecast | $1.01B | $968.87M | $941.87M | $910.46M | $891.60M | $845.60M | $810.37M | $769.19M | $742.35M | $703.36M | $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 | $1.05B | $1.00B | $972.73M | $940.29M | $920.81M | $873.30M | $836.92M | $794.39M | $766.67M | $722.31M | $674.63M | $635.56M | $612.19M | $557.95M | $550.85M | $522.40M | $519.05M | $490.32M | $469.09M | $492.77M | $464.16M | $427.88M | $400.41M | $369.23M | $334.21M | $310.45M |
| Low Forecast | $981.44M | $936.91M | $910.80M | $880.43M | $862.19M | $817.70M | $783.63M | $743.82M | $717.86M | $697.44M | $631.68M | $595.09M | $600.25M | $553.20M | $515.78M | $489.14M | $486.00M | $459.10M | $469.09M | $428.97M | $404.06M | $372.48M | $348.56M | $321.42M | $290.94M | $270.25M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.00% | 1.04% | 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 $595.09M, and a high forecast of $635.56M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $65.79M | $39.98M | $39.76M | $30.43M | $46.93M | $-115.75M | - | $-94.45M | $-118.74M | $-97.03M | $-138.89M | $-115.30M | $-150.56M | $-857.26M |
| Avg Forecast | $-410.15M | $-391.54M | $-380.62M | $-367.93M | $-360.31M | $-341.72M | $-327.48M | $-310.84M | $-299.99M | $-284.24M | $-263.98M | $-154.28M | $-243.63M | $-224.49M | $-215.55M | $-140.26M | $-203.10M | $-71.16M | $-189.56M | $-127.51M | $-160.30M | $-64.69M | $-138.89M | $-115.30M | $-150.56M | $-1.93B |
| High Forecast | $-396.62M | $-378.62M | $-368.07M | $-355.79M | $-348.42M | $-330.44M | $-316.68M | $-300.59M | $-290.10M | $-281.84M | $-255.27M | $-123.43M | $-242.57M | $-223.55M | $-208.44M | $-112.21M | $-196.40M | $-56.93M | $-189.56M | $-102.01M | $-128.24M | $-51.75M | $-111.11M | $-92.24M | $-120.45M | $-1.54B |
| Low Forecast | $-423.58M | $-404.36M | $-393.09M | $-379.99M | $-372.11M | $-352.91M | $-338.21M | $-321.03M | $-309.82M | $-291.90M | $-272.63M | $-185.14M | $-247.39M | $-225.47M | $-222.61M | $-168.31M | $-209.75M | $-85.39M | $-189.56M | $-153.01M | $-192.36M | $-77.63M | $-166.67M | $-138.35M | $-180.67M | $-2.31B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.27% | -0.18% | -0.18% | -0.22% | -0.23% | 1.63% | - | 0.74% | 0.74% | 1.50% | 1.00% | 1.00% | 1.00% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $93.39M | $71.50M | $28.13M | $16.80M | $30.88M | $-123.88M | - | $-101.38M | $-156.19M | $-102.14M | $-138.58M | $-123.47M | $-148.34M | $-853.32M |
| Avg Forecast | $410.50M | $386.35M | $362.20M | $338.06M | $281.14M | $266.99M | $269.55M | $243.40M | $230.21M | $218.86M | $194.37M | $-165.60M | $182.63M | $136.45M | $122.69M | $-150.55M | $64.81M | $-74.90M | $73.53M | $-136.86M | $-210.85M | $-68.09M | $-138.58M | $-123.47M | $-148.34M | $-1.92B |
| High Forecast | $427.98M | $402.80M | $377.63M | $352.45M | $293.12M | $278.37M | $281.02M | $253.76M | $240.01M | $243.18M | $202.65M | $-132.48M | $205.46M | $142.26M | $127.92M | $-120.44M | $67.57M | $-59.92M | $73.53M | $-109.49M | $-168.68M | $-54.47M | $-110.86M | $-98.78M | $-118.67M | $-1.54B |
| Low Forecast | $392.90M | $369.79M | $346.68M | $323.57M | $269.09M | $255.55M | $257.99M | $232.96M | $220.34M | $194.55M | $186.04M | $-198.72M | $159.80M | $113.71M | $117.43M | $-180.66M | $62.03M | $-89.88M | $73.53M | $-164.23M | $-253.02M | $-81.71M | $-166.30M | $-148.17M | $-178.01M | $-2.30B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.51% | 0.52% | 0.23% | -0.11% | 0.48% | 1.65% | - | 0.74% | 0.74% | 1.50% | 1.00% | 1.00% | 1.00% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $324.63M | $304.55M | $316.81M | $323.33M | $340.10M | $331.60M | - | $302.79M | $320.07M | $302.97M | $320.34M | $282.67M | $314.03M | $673.89M |
| Avg Forecast | $877.69M | $837.86M | $814.51M | $787.35M | $771.04M | $731.25M | $700.79M | $665.18M | $641.97M | $608.25M | $564.90M | $494.61M | $521.35M | $480.39M | $461.26M | $449.65M | $434.62M | $222.18M | $405.66M | $408.77M | $361.19M | $201.98M | $320.34M | $282.67M | $260.07M | $241.58M |
| High Forecast | $906.44M | $865.31M | $841.20M | $813.14M | $796.30M | $755.21M | $723.75M | $686.97M | $663.00M | $624.64M | $583.41M | $593.53M | $529.41M | $482.50M | $476.37M | $539.58M | $448.86M | $266.61M | $405.66M | $490.52M | $401.40M | $242.37M | $384.41M | $339.20M | $289.02M | $268.47M |
| Low Forecast | $848.73M | $810.22M | $787.64M | $761.37M | $745.61M | $707.13M | $677.67M | $643.24M | $620.79M | $603.13M | $546.26M | $395.69M | $519.08M | $478.39M | $446.04M | $359.72M | $420.28M | $177.74M | $405.66M | $327.02M | $349.42M | $161.58M | $256.27M | $226.13M | $251.60M | $233.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.63% | 0.69% | 0.72% | 0.78% | 1.49% | - | 0.74% | 0.89% | 1.50% | 1.00% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 3 | 6 | 4 | 6 | 4 | 6 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.04 | $0.03 | $0.01 | $0.01 | $0.01 | $-0.06 | - | $-0.05 | $-0.08 | $-0.05 | $-0.07 | $-0.07 | $-0.08 | $-0.94 |
| Avg Forecast | $0.17 | $0.16 | $0.15 | $0.14 | $0.12 | $0.11 | $0.11 | $0.10 | $0.10 | $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 | $0.18 | $0.17 | $0.16 | $0.15 | $0.12 | $0.12 | $0.12 | $0.11 | $0.10 | $0.10 | $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 | $0.16 | $0.15 | $0.14 | $0.13 | $0.11 | $0.11 | $0.11 | $0.10 | $0.09 | $0.08 | $0.08 | $0.07 | $0.07 | $0.05 | $0.05 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.02 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | 0.59% | 0.20% | 0.25% | 0.37% | -3.06% | - | -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 $0.07 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SQ | Block | $63.99 | $130.05 | 103.23% | Buy |
| ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| NET | Cloudflare | $78.59 | $95.00 | 20.88% | Hold |
| ADBE | Adobe | $536.87 | $589.17 | 9.74% | Buy |
| MSFT | Microsoft | $430.59 | $432.95 | 0.55% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
| ORCL | Oracle | $162.03 | $145.16 | -10.41% | Buy |
| PLTR | Palantir | $35.59 | $20.72 | -41.78% | Buy |
PLTR Forecast FAQ
Is Palantir a good buy?
Yes, according to 14 Wall Street analysts, Palantir (PLTR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 42.86% of PLTR's total ratings.
What is PLTR's price target?
Palantir (PLTR) average price target is $20.72 with a range of $4.5 to $38, implying a -41.78% from its last price of $35.59. 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 -41.78% (from the last price of $35.59 to the average price target of $20.72), up by 6.77% based on the highest stock price target, and down by -87.36% based on the lowest stock price target.
Can Palantir stock reach $50?
PLTR's average twelve months analyst stock price target of $20.72 does not support the claim that Palantir can reach $50 in the near future.
What is Palantir's current price target trend?
1 Wall Street analyst forecast a $35 price target for Palantir (PLTR) this month, down -1.66% from its last price of $35.59. Compared to the last 3 and 12 months, the average price target decreased by -10.09% and decreased by -18.29%, 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 $3.32B (high $3.43B, low $3.21B), average EBITDA is $-1.34B (high $-1.296B, low $-1.384B), average net income is $1.06B (high $1.11B, low $1.02B), average SG&A $2.87B (high $2.96B, low $2.77B), and average EPS is $0.439 (high $0.458, low $0.421). PLTR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.84B (high $3.96B, low $3.71B), average EBITDA is $-1.55B (high $-1.499B, low $-1.601B), average net income is $1.5B (high $1.56B, low $1.43B), average SG&A $3.32B (high $3.43B, low $3.21B), and average EPS is $0.62 (high $0.646, low $0.593).
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 $-824M by -114.56%. The company's net income was $209.82M, missing the average estimation of $291.23M by -27.95%. 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 $-244M by -127.01%. Palantir's net income was $93.39M, missing the average estimation of $182.63M by -48.86%. 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%