With a market cap of $368.7 billion, Palantir Applied sciences Inc. (PLTR) builds and deploys superior software program platforms for governments and industrial shoppers worldwide. Its key merchandise – Gotham, Foundry, Apollo, and the Synthetic Intelligence Platform, assist information integration, evaluation, and operational decision-making throughout industries and nationwide safety sectors.
Shares of the Denver, Colorado-based firm have considerably outperformed the broader market over the previous 52 weeks. PLTR inventory has surged 501.5% over this timeframe, whereas the broader S&P 500 Index ($SPX) has gained 17.4%. As well as, shares of Palantir Applied sciences have climbed 109.7% on a YTD foundation, in comparison with SPX’s 8.5% rise.
Wanting nearer, PLTR inventory has additionally outpaced the Expertise Choose Sector SPDR Fund’s (XLK) 26.1% return over the previous 52 weeks and 13.9% enhance on a YTD foundation.
Regardless of beating Q1 2025 income expectations with $883.9 million on Could 5, Palantir’s shares tumbled 12.1% the subsequent day resulting from a 10% year-over-year decline in world gross sales, elevating issues concerning the sustainability of its worldwide development. Whereas U.S. gross sales surged 55% and the corporate raised its full-year forecast, traders have been spooked by indicators of weakening demand outdoors the U.S.
For the present fiscal yr, ending in December 2025, analysts count on PLTR’s EPS to develop 362.5% year-over-year to $0.37. The corporate’s earnings shock historical past is combined. It beat the consensus estimates in one of many final 4 quarters whereas lacking on three different events.
Among the many 21 analysts overlaying the inventory, the consensus ranking is a “Maintain.” That’s based mostly on 4 “Robust Buys,” 13 “Maintain” scores, one “Average Promote,” and three “Robust Sells.”
On Jul. 10, Wedbush raised its worth goal on Palantir Applied sciences to $160, citing robust confidence within the firm’s AI technique and sustaining an “Outperform” ranking.
As of writing, the inventory is buying and selling above the imply worth goal of $110.72. The Avenue-high worth goal of $170 implies a possible upside of seven.6% from the present worth ranges.
On the date of publication, Sohini Mondal didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions. This text was initially revealed on Barchart.com
