Palantir Technologies (PLTR, Financial) is increasingly integral to U.S. Immigration and Customs Enforcement's operations, according to recent internal communications. The company's technology is being used to locate individuals targeted for deportation, supporting law enforcement's efforts to track and manage deportation processes, including high-profile initiatives under the previous administration.
The information, revealed through leaked messages, highlights Palantir's role in supplying data-driven insights that assist the White House in implementing its immigration policies. By aiding in the identification and tracking of deportation targets, Palantir's software is a key element in the logistics of large-scale deportation strategies.
This development underscores the growing influence of data analytics and software solutions in federal immigration enforcement activities, positioning Palantir as a crucial partner in these efforts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Palantir Technologies Inc (PLTR, Financial) is $90.60 with a high estimate of $125.00 and a low estimate of $40.00. The average target implies an downside of 3.39% from the current price of $93.78. More detailed estimate data can be found on the Palantir Technologies Inc (PLTR) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Palantir Technologies Inc's (PLTR, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Palantir Technologies Inc (PLTR, Financial) in one year is $26.74, suggesting a downside of 71.49% from the current price of $93.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Palantir Technologies Inc (PLTR) Summary page.
