
Palantir Technologies (PLTR) Stock Forecast & Price Target
Palantir Technologies (PLTR) Analyst Ratings
Bulls say
Palantir Technologies reported a notable 63% growth in revenue, with EBIT margins reaching a record 51%, driven by impressive gross margins of 83.8% and a reduction in operational expense intensity. The company's U.S. commercial revenue demonstrated outstanding performance, achieving a run rate of $1.6 billion, reflecting a robust 121% year-over-year growth, predominantly fueled by large deals and advancements in its Artificial Intelligence Platform (AIP). Additionally, net revenue retention (NRR) improved to 134%, indicating strong customer loyalty and successful upselling, which bodes well for future revenue stability and expansion.
Bears say
The negative outlook for Palantir Technologies's stock is primarily driven by a decline in net customer additions, falling from 80 to 62 quarter-over-quarter, alongside a decrease in sales headcount despite revenue growth. Additionally, international revenue has dropped to 25%, down from 27% quarter-over-quarter and 31% year-over-year, indicating challenges in expanding beyond the U.S. market, particularly in Europe, which has been highlighted as a laggard. Furthermore, RPO-based bookings saw an 11% decrease quarter-over-quarter, raising concerns about the sustainability of Palantir's growth trajectory and the viability of its aggressive long-term revenue targets amidst increasing competition and a niche market focus.
This aggregate rating is based on analysts' research of Palantir Technologies and is not a guaranteed prediction by Public.com or investment advice.
Palantir Technologies (PLTR) Analyst Forecast & Price Prediction
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