
Palantir Technologies (PLTR) Stock Forecast & Price Target
Palantir Technologies (PLTR) Analyst Ratings
Bulls say
Palantir Technologies demonstrated strong financial performance with a 63% year-over-year revenue growth and a significant expansion in EBIT margins to a record 51% in Q2, up from 46% in the previous quarter. The firm's U.S. commercial revenue exhibited remarkable growth, achieving a run-rate of $1.6 billion with a year-over-year increase of 121%, driven by large deals and enhanced customer conversions via its AIP solutions. Additionally, a notable increase in net revenue retention (NRR) to 134% indicates successful upselling strategies and robust engagement with existing clients.
Bears say
Palantir Technologies observed a decline in net additions quarter-over-quarter, decreasing from 80 to 62, and has seen a reduction in sales headcount despite accelerating revenue growth rates. International revenue has also contracted, falling from 27% in the previous quarter to 25%, with notable stagnation in Europe and a reliance on U.S. markets, where commercial growth is increasingly competitive and limited to a niche clientele. Additionally, the company's bookings have declined by 11% quarter-over-quarter, raising questions about the sustainability of its financial model and the viability of management's long-term growth targets.
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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