Ad
related to: $pltr pre nasdaq pricesuperstockscreener.com has been visited by 10K+ users in the past month
Search results
Results from the WOW.Com Content Network
Palantir Technologies (NASDAQ: PLTR) was one of the hottest stocks of 2024, rising by a staggering 340%. A $15,000 investment in the data analytics stock at the start of the year would have been ...
Palantir Technologies (NASDAQ: PLTR) has taken the market by storm in 2024. Share prices of the artificial intelligence (AI)-focused data fusion specialist are up 332% year-to-date through Dec. 19.
PLTR data by YCharts. Since joining the Nasdaq on Nov. 26, shares of Palantir have gained about 10% (as of market close Dec. 5). That's a pretty dramatic move in only seven trading days.
PLTR PS Ratio data by YCharts. As of the time of this writing, Palantir is trading at a price-to-sales (P/S) ratio of 61. As the chart above illustrates, the company has experienced notable ...
Palantir’s share price rose 14% the next trading day. [51] On November 14 2024 Palantir Technologies Inc. announced its transfer of stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective November 26, 2024. The company's Class A Common Stock will continue to trade under the ticker symbol "PLTR." [52]
During the decade between 2014 and 2023, 85 companies joined the Nasdaq-100, and their share prices appreciated by an average of 17% during the 12-month period following their inclusion.
Still, I felt the portion of that growth accruing to Palantir was not enough to justify its stock price. In the first three quarters of 2024, revenue increased by 26% to just over $2 billion.
Palantir has a median 12-month price target of $28 per share. That forecast implies 37% downside from its current share price of $45. Alphabet has a median 12-month price target of $205 per share.
Ad
related to: $pltr pre nasdaq pricesuperstockscreener.com has been visited by 10K+ users in the past month