Is PLTR a growth stock with 3x potential?

PLTR Stock Price Change: From a price performance standpoint, Palantir Technologies Inc. has notched 30 day -26%, 3 month -47%, and 6 month -38% in price performance.PLTR's stock shows a long term trending bearish trend with a stock price 30 day price performance of 0.02%. Over a 52 week period,PLTR traded at $39.22 (high) & $11.75 (low) per share. PLTR is currently trading at 64% below the highest recorded price. Now that we have a good grasp of price, let's take a look at market volume. PLTR is trading -55.1% blelow average trading volumes for PLTR. The recent price action can also be observed from a technical point of view. PLTR's RSI Index Score is -100, which suggests that PLTR is currently oversold in the market. PLTR Peer Performance: Let's talk about PLTR's price performance relative to its peers. Peers in the same industry notched -7.99% 30 day price change, -1.9 % 3 month, and 2.56 % 6 month.From that metric PLTR is higher % change compared to its peers. From a daily price action perspective, PLTR experienced higher % change in price than that of its peers whom notchced a 0 % average price change. PLTR's recent price action is higher % change. Just from today, PLTR experienced a 0.02 % in price, which versus 0 average price change % from peers, respectively. PLTR Stock Financials: Just as a quick reminder,EV/EBITDAcompares the value of a company, debt included, to the company’s cash earnings less non-cash expenses. In addition, PLTR is trading with an enteprise value multiple of -53 PLTR Financial Growth: PLTR's revenue is expected to grow by 0.04%.From a forward-looking perspective, this is a an increasing trend for PLTR. Projecting forward, here are a few notable financial metrics to consider for PLTR PLTR's selling and administrative expense is expected to grow by -0.05 %.a decreasing trend in marketing, business development, and overhead expenses. PLTR's free cash flow is expected to grow by 3.33 %.an increasing trend for the company's ability to generate free cash less non cash expenses. PLTR's research and development expense is expected to grow by -0.15 %.a decreasing trend in research, development, and innovation trajectory for the company. PLTR's debt obligations is expected to grow by 0.05 %.an increasing trend in non-cash and debt obligations for the company. PLTR Analyst Consensus: PLTR's price target is set at 17.94 per share. Here is the review of consensus ratings analysts have given for PLTR. PLTR has earned an overall rating of 4/5, a risk rating grade of B+.PLTR earned a DCF valuation rating of 5/5, as well as a consensus return on equity of 3/5. The consensus analyst recommendations are either 'Sector Perform,Underweight,Peer Perform' for PLTR. Since the last grading period, Goldman Sachs recommends to buy PLTR, while no institutions in this period recommends to sell. At this point PLTR could be considered undervalued, espeially looking at the recent dip and the revised price target and analyst recommendations. Utradea is the leading platform for stock ideas, insights, and analytics. From a personalized stock feed to Social Sentiment Dashboard, Utradea has everything you need to become a better investor. What are you waiting for? Join the community today!

Is PLTR a growth stock with 3x potential?

Feb 1, 2022 - Stuart Mooney

5:05 PM

Newsletter

Image credit: Is PLTR the next growth stock with 5x potential? utradea.com

PLTR Stock Price Change:

From a price performance standpoint, Palantir Technologies Inc. has notched 30 day -26%, 3 month -47%, and 6 month -38% in price performance.PLTR's stock shows a long term trending bearish trend with a stock price 30 day price performance of 0.02%.

Over a 52 week period,PLTR traded at $39.22 (high) & $11.75 (low) per share. PLTR is currently trading at 64% below the highest recorded price.

Now that we have a good grasp of price, let's take a look at market volume.

PLTR is trading -55.1% blelow average trading volumes for PLTR.

The recent price action can also be observed from a technical point of view.

PLTR's RSI Index Score is -100, which suggests that PLTR is currently oversold in the market.

PLTR Peer Performance:

Let's talk about PLTR's price performance relative to its peers. Peers in the same industry notched -7.99% 30 day price change, -1.9 % 3 month, and 2.56 % 6 month.From that metric PLTR is higher % change compared to its peers. From a daily price action perspective, PLTR experienced higher % change in price than that of its peers whom notchced a 0 % average price change.

PLTR's recent price action is higher % change. Just from today, PLTR experienced a 0.02 % in price, which versus 0 average price change % from peers, respectively.

PLTR Stock Financials:

Just as a quick reminder,EV/EBITDAcompares the value of a company, debt included, to the company's cash earnings less non-cash expenses. In addition, PLTR is trading with an enteprise value multiple of -53

PLTR Financial Growth:

PLTR's revenue is expected to grow by 0.04%.From a forward-looking perspective, this is a an increasing trend for PLTR.
Projecting forward, here are a few notable financial metrics to consider for PLTR
PLTR's selling and administrative expense is expected to grow by -0.05 %.a decreasing trend in marketing, business development, and overhead expenses.
PLTR's free cash flow is expected to grow by 3.33 %.an increasing trend for the company's ability to generate free cash less non cash expenses.
PLTR's research and development expense is expected to grow by -0.15 %.a decreasing trend in research, development, and innovation trajectory for the company.
PLTR's debt obligations is expected to grow by 0.05 %.an increasing trend in non-cash and debt obligations for the company.

PLTR Analyst Consensus:

PLTR's price target is set at 17.94 per share.

Here is the review of consensus ratings analysts have given for PLTR. PLTR has earned an overall rating of 4/5, a risk rating grade of B+.PLTR earned a DCF valuation rating of 5/5, as well as a consensus return on equity of 3/5. The consensus analyst recommendations are either 'Sector Perform,Underweight,Peer Perform' for PLTR.

Since the last grading period, Goldman Sachs recommends to buy PLTR, while no institutions in this period recommends to sell.

At this point PLTR could be considered undervalued, espeially looking at the recent dip and the revised price target and analyst recommendations.

Utradea is the leading platform for stock ideas, insights, and analytics. From a personalized stock feed to Social Sentiment Dashboard, Utradea has everything you need to become a better investor. What are you waiting for? Join the community today!