Followers | 686 |
Posts | 142386 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
![](https://investorshub.advfn.com/uicon/35728.png?cb=1539773763)
Friday, May 05, 2023 10:44:31 AM
By: 24/7 Wall St. | May 5, 2023
• Here is a look at three companies set to report results later on Monday.
Palantir
Over the past 12 months, shares of Palantir Technologies Inc. (NYSE: PLTR) have declined by nearly 33%, including a 15% gain so far in 2023. But year-over-year revenue growth has slowed from 47% in 2021 to $24% last year, and a company forecast of just 14% to 17% for this year. Are macro trends or more competitors the issue? Is it spending too much? Likely all three, and investors will be interested in Palantir’s success in dealing with those headwinds.
Of 17 analysts covering the stock, just three have Buy ratings, while nine have a Hold rating. At a share price of around $7.40, the implied upside to the median price target of $8.00 is 8.1%. At the high price target of $15.00, the potential upside is more than 100%.
The consensus first-quarter revenue estimate is $505.94 million, down 0.5% sequentially but 13.3% higher year over year. Adjusted EPS are forecast at $0.04, flat sequentially and up 50% year over year. For the full 2023 fiscal year, estimates call for EPS of $0.20, up 237.1%, on sales of $2.2 billion, up 15.6%.
The stock trades at 36.5 times expected 2023 EPS, 29.9 times estimated 2024 earnings of $0.25 and 24.0 times estimated 2025 earnings of $0.31 per share. Palantir stock’s 52-week range is $5.84 to $13.62, and the company does not pay a dividend. The total shareholder return for the past year is negative 32.79%.
Read Full Story »»»
![](http://studentaid.gov/universal-navigation/assets/us_flag_small.png)
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent PLTR News
- Voyager Space and Palantir Announce Strategic Partnership Leveraging Artificial Intelligence to Drive Innovation in Space Technology • PR Newswire (US) • 06/27/2024 11:00:00 AM
- Starlab Space Announces Strategic Partnership with Palantir Technologies, Inc. • PR Newswire (US) • 06/20/2024 12:00:00 PM
- The Advanced Research Projects Agency for Health (ARPA-H) Partners with Palantir to Accelerate Health Outcomes By Leveraging AI/ML and Data Software Tooling • Business Wire • 06/20/2024 10:59:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/18/2024 08:28:15 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:34:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:33:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/15/2024 12:06:23 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/15/2024 12:03:59 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:01:31 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 12:00:19 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 08:21:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:26:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:20:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:18:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:17:17 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 12:15:46 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/10/2024 09:17:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/08/2024 12:09:26 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/07/2024 08:24:10 PM
- TRM Labs Strengthens U.S. Federal Offerings with FedRAMP® High, IL4, and IL5 Compliance • GlobeNewswire Inc. • 06/06/2024 12:00:00 PM
- Palantir to Unveil New Customers and Product Announcements at AIPCon • Business Wire • 06/05/2024 08:07:00 PM
- Tampa General Hospital Selects Palantir’s AI Software to Power Connected Care Coordination, Extending Long-Term Partnership • Business Wire • 06/05/2024 10:59:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 12:09:50 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 12:08:54 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 06/04/2024 09:27:04 PM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM