Summary:
- UBS analysts maintain a Neutral stance on Palantir (PLTR, Financial) amidst its 43% stock surge this year.
- Palantir's software is deemed essential for operational efficiencies, mitigating some risks from Federal contract delays.
- Investor projections suggest a potential decrease in stock value, with contrasting target prices offering varied futures.
UBS analysts have held their Neutral rating steady for Palantir Technologies (PLTR), notwithstanding the company's remarkable 43% stock appreciation in 2023. The firm shows robust fundamentals, although minor risks persist concerning Federal contract delays. Analysts emphasize the indispensable role of Palantir's software in enhancing efficiency and supporting critical operations across sectors.
Wall Street Analysts Forecast
According to 20 analysts’ one-year projections, Palantir Technologies Inc (PLTR, Financial) has an average target price of $90.04. Price predictions vary, with the highest at $125.00 and the lowest at $40.00, which implies a potential decrease of 17.49% from its current value of $109.13. For more detailed estimate data, visit the Palantir Technologies Inc (PLTR) Forecast page.
The consensus recommendation from 24 brokerage firms places Palantir Technologies Inc (PLTR, Financial) at an average rating of 2.9, interpreted as a "Hold." This rating uses a scale where 1 means Strong Buy and 5 denotes Sell.
According to GuruFocus estimates, the projected GF Value for Palantir Technologies Inc (PLTR, Financial) for the next year stands at $26.71, projecting a significant downside of 75.53% from its current price of $109.13. The GF Value is GuruFocus' assessment of the fair trading value based on historical multiples, historical business growth, and future performance forecasts. For additional details, visit the Palantir Technologies Inc (PLTR) Summary page.
