If Palantir manages to hold above the EMA25, it could signal a bullish reversal and the start of a new upward trend. Additionally, Palantir’s strategic partnerships with companies like IBM and AWS provide further growth opportunities, particularly as demand for AI-driven solutions increases across industries.
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Palantir Technologies Inc. (PLTR) Analysis
Company Overview: Palantir Technologies Inc. is a leader in AI and big data analytics, positioning it well for long-term growth. It has key government contracts, including with the U.S. Department of Defense, and expanding commercial clients.
Earnings Forecast: The earnings forecast for Palantir Technologies Inc. indicates growth in the upcoming years. In 2025FY, the forecasted EPS is $0.47, with a forecasted gross income of $3.50 billion and forecasted EBIT of $1.33 billion. In 2026FY, the forecasted EPS is $0.57, with a forecasted gross income of $4.23 billion and forecasted EBIT of $1.56 billion. In 2024FY, the forecasted EPS is $0.38, with a forecasted gross income of $2.81 billion and forecasted EBIT of $1.05 billion.
Analyst Recommendation: Analysts have mixed recommendations for Palantir Technologies Inc. Among the analysts, 2 recommend, 1 buy, 12 hold, 3 underperform, and 3 sell.
Analyst Target Price: The target price estimates from 18 analysts have a mean estimate of $44.40, with a low estimate of $11.00 and a high estimate of $80.00.
Capital Flow Data: Over the past 5 days, the capital flow data for Palantir Technologies Inc. shows fluctuations with both inflow and outflow of funds. The detailed data is as follows:
12-26: Inflow of $15,214.61K
12-27: Outflow of $3,290.40K
12-30: Inflow of $35,727.86K
12-31: Inflow of $27,602.68K
01-02: Outflow of $17,881.09K
Support and Resistance Price: As of January 3, 2025, the support price for PLTR is $72.45, and the resistance price is $79.95.
Recent Stock Price: The stock price of Palantir Technologies Inc. on January 6, 2025, is $79.89.
Recent Financial Performance: In the 2024Q3 earnings report, Palantir Technologies Inc. had an EPS of $0.06, a gross profit margin of 79.79%, a quick ratio of 5.55, and a current ratio of 5.67. The company had a return on equity of 13.43% and a net profit margin of 19.78%.
Partnerships: Palantir Technologies Inc. has strategic partnerships with companies like IBM and AWS, which provide additional growth opportunities as the demand for AI-driven solutions increases across industries.
Based on the provided information, Palantir Technologies Inc. has strong fundamentals supporting its growth. The stock has recently pulled back to the EMA25 support level, which could potentially indicate a bullish reversal and the start of a new upward trend. However, it is important to note that investing in stocks carries inherent risks, and it is recommended to conduct thorough research and analysis before making any investment decisions.
Disclaimer: The information provided above is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.