Palantir Technologies Inc. (PLTR) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Track Palantir Technologies Inc. (PLTR) stock performance with short-term forecasts for 2024 and long-term PLTR price prediction till 2050. Review historical trends, get analyst Buy/Sell/Hold ratings, and stay updated with the latest Palantir Technologies Inc. headlines.
1 Month Prediction
$58.39 [0.00%]
3 Month Prediction
$73.21 [25.39%]
6 Month Prediction
$73.26 [25.47%]
1 Year Prediction
$93.53 [60.18%]
3 Year Prediction
$156.59 [168.18%]
5 Year Prediction
$219.09 [275.21%]
About Palantir Technologies Inc.
Palantir Technologies Inc. (ticker: PLTR) is a prominent player in the software-infrastructure industry, providing software platforms for intelligence communities in the United States. A deep dive into its business model and operations reveals a company that is not just influential but also wrapped in innovation.
The Birth of Palantir
Founded in 2003 by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp, Palantir Technologies carries an aura of mystique. The company’s name, inspired by “seeing-stones” or “palantíri” from The Lord of the Rings, reflects its vision of offering crystal clear insights into complex data landscapes.
With its headquarters nestled in Denver, Colorado, Palantir has grown into a public American giant specializing in big data analytics. Its journey is both intriguing and illustrative of the trends in modern data-driven decision-making.
Palantir’s Key Offerings
Palantir Technologies has three flagship projects that stand out in the crowded field of data analytics:
- Palantir Gotham: Used extensively by the United States Intelligence Community (USIC) and the Department of Defense, this platform has been a go-to tool for counter-terrorism analysts. Its historical applications include aiding fraud investigators at the Recovery Accountability and Transparency Board and assisting cyber analysts at the Information Warfare Monitor.
- Palantir Apollo: Designed as an operating system for continuous delivery across various environments, Apollo is a pivotal offering by Palantir. Its status as one of five offerings authorized for Mission Critical National Security Systems (IL5) by the U.S. Department of Defense underscores its critical importance.
- Palantir Foundry: Diversifying into the corporate sphere, Foundry serves major clients such as Morgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E, and Fiat Chrysler Automobiles. This enterprise tool signifies Palantir’s adaptability and reach into various industrial sectors.
Palantir’s Expanding Horizon
While federal agencies of the USIC were Palantir’s original clientele, the company’s vision and innovation didn’t stop there. Expanding its horizons, Palantir now serves state and local governments, as well as private companies in financial and healthcare sectors.
The Palantir Philosophy
Also, Palantir’s success isn’t just a product of technological prowess; it’s also a reflection of a business model that emphasizes clarity, insight, and adaptation. The ability to deliver actionable insights, whether to government agencies fighting terrorism or to corporations navigating complex markets, places Palantir at the crossroads of technology and strategy.
Palantir Technologies Inc. (PLTR) Historical Performance
IPO Date
Palantir Technologies Inc. (NYSE:PLTR) went public on 30 September, 2020.
Change
Since inception, PLTR has risen from $23.55 to $58.39, a massive 147.94% increase since 2020.
Historical Highs and Lows
In the past 4 years, the stock reached a high of $58.39 and a low of $6.42.
52 Week Range
$15.664
$58.48
The current price $58.39 is near the 52-week high, which means that the stock is overbought.
PLTR Stock Price History
Based on PLTR stock's historical price data, this table shows how the stock has performed in the last 4 years. Since 2020, the PLTR stock has risen from $18.21 - $35.18 to $16.09 - $58.39, which is up 47.46%. Currently, the stock follows upward trend.
Here, we have calculated stock range of PLTR, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2021 | $18.21 - $35.18 | $24.3 | 19.92 | 1 Year Change |
| 2022 | $6.42 - $13.73 | $9.7 | -52.13 | 2 Year Change |
| 2023 | $7.75 - $20.05 | $13.72 | -32.29 | 3 Year Change |
| 2024 | $16.09 - $58.39 | $29.88 | 47.46 | 4 Year Change |
PLTR Price Performance
6-Month Performance
PLTR stock jumped by 130.52% in the last six months.
1-Year Performance
The stock has trended upwards by 240.07% in the past year.
3-Year Performance
In the last 3 years, the stock has soared by 220.65%.
5-Year Performance
In the last 5 years, the stock has gone up by 476.41%.
According to Palantir Technologies Inc.'s historical data, below graph gives us the exact picture of how the PLTR stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 2 years.
2021
22.68% ↓
2022
64.74% ↓
2023
167.45% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Palantir Technologies Inc. (PLTR) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $725.52 M (Q3)
Revenue for Q3 ending 30th September, 2024 increased 6.99% compared to Q2 ending 30th June, 2024.
Annual Revenue: $2.65 B (1Y)
Revenue for trailing 12 months increased 18.94% year over year from 31st December, 2023.
Market Capitalization
Palantir Technologies Inc. has a market capitalization of $133.01B, which places PLTR in the large-cap category.
Fundamental Analysis
EPS: $0.06 (Q3), $0.10 (1Y)
EPS decreased 0.00% since last quarter, and decreased 155.56% since last year.
Net Income: $143.53 M (Q3), $209.82 M (1Y)
Net Income increased 7.01% since last quarter, and decreased 156.15% since last year.
Free Cash Flow: $415.79 M (Q3), $697.07 M (1Y)
Free Cash Flow increased 194.24% since last quarter, and increased 279.44% since last year.
Net Profit Margin: 19.78% (Q3), 7.93% (1Y)
Net Profit Margin increased 0.02% since last quarter, and decreased 147.21% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for PLTR stock. These indicators help you understand Palantir Technologies Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for PLTR stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $45.44 |
| SMA50 | $40.13 |
| SMA200 | $28.36 |
| RSI | 82.38 |
| Beta | 2.70 |
SMA20 < Current Price
This signals PLTR stock is in short-term bullish momentum.
SMA50 < Current Price
This signals PLTR stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals PLTR stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for PLTR stock is Bullish. Out of all indicators, 6 indicates bullish signals, 3 signals bearish trends and 0 gives neutral trends. The PLTR stock forecast was last updated on 11 November, 2024.
Palantir Technologies Inc. (PLTR) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $58.39 by the end of 2024, and can reach around $147.03 to $71.40 in 2025. And, the long-term forecast suggests that the stock may further jump to $108.39 - $190.36 in 2027, and $279.45 - $302.71 by 2030. So, the PLTR stock shows a strong upward trend in the next several years.
Short-term PLTR Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-12 | $58.39 | 0.0% |
In 2024, the PLTR stock price is expected to fluctuate between $58.39 and $58.39. According to the monthly forecast, the stock could rise to $58.39 by December 2024. If compared to the PLTR's current price, the stock could gain 0.0% by the end of this year.
Long-term PLTR Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $147.03 | $113.81 | $71.40 | 22.28% |
| 2026 | $117.20 | $114.99 | $83.45 | 42.92% |
| 2027 | $108.39 | $76.37 | $190.36 | 226.01% |
| 2028 | $215.55 | $230.79 | $234.12 | 300.96% |
| 2029 | $221.01 | $208.47 | $367.23 | 528.93% |
| 2030 | $279.45 | $267.76 | $302.71 | 418.43% |
| 2031 | $301.09 | $279.20 | $179.10 | 206.73% |
| 2032 | $363.94 | $460.43 | $297.11 | 408.84% |
| 2033 | $444.87 | $359.01 | $406.00 | 595.32% |
| 2034 | $380.88 | $553.65 | $534.41 | 815.24% |
| 2035 | $405.18 | $370.84 | $319.47 | 447.13% |
| 2036 | $381.38 | $569.81 | $623.64 | 968.06% |
| 2037 | $642.25 | $454.21 | $517.96 | 787.07% |
| 2038 | $408.31 | $499.65 | $531.35 | 810.0% |
| 2039 | $751.40 | $436.53 | $535.94 | 817.86% |
| 2040 | $489.12 | $720.39 | $697.29 | 1094.19% |
| 2041 | $438.34 | $550.51 | $654.74 | 1021.32% |
| 2042 | $533.24 | $407.73 | $656.21 | 1023.84% |
| 2043 | $714.35 | $786.00 | $561.27 | 861.24% |
| 2044 | $713.08 | $843.95 | $649.14 | 1011.73% |
| 2045 | $610.07 | $797.59 | $1078.68 | 1747.37% |
| 2046 | $514.31 | $929.45 | $885.41 | 1416.37% |
| 2047 | $874.61 | $940.70 | $878.38 | 1404.33% |
| 2048 | $853.92 | $876.17 | $971.72 | 1564.19% |
| 2049 | $521.28 | $563.70 | $914.52 | 1466.23% |
| 2050 | $1254.50 | $595.83 | $856.74 | 1367.27% |
Palantir Technologies Inc. (PLTR) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the PLTR stock was at $16.09. Today, it is trading at $58.39, which is 262.90% increase from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $58.39 by December 2024 with a 0.00% change.
In early 2025, the PLTR price is expected to descend from $58.39 to $147.03, a change of 151.80% from the current price. By mid-2025, the stock may move down by -22.59% on $113.81 and end the year at $71.40, which is 22.28% compared to today's price.
Palantir Technologies Inc. (PLTR) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the PLTR stock. During this period, the PLTR's price is forecasted to shift from $117.20 to $302.71, which is 158.28% gain.
In 2026, the stock would possibly open at $117.20, descends to $114.99 by mid-year, and wraps up at $83.45, reflecting a 42.92% increase from today's price. Further moving to 2030, the stock can kick off the year at $279.45, drop to $267.76 by mid-year, and finish at $302.71, which is 418.43% change from current price.
Palantir Technologies Inc. (PLTR) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $301.09 to $697.29, which is up 206.73%
In 2031, we can expect PLTR to fluctuate between $179.10 and $301.09, a shift indicating a 206.73% gain by year-end compared to current price. And Until 2040, PLTR can likely vary from $489.12 to $697.29. By the end of 2040, the stock could record a 1094.19% rise from today's stock price.
Palantir Technologies Inc. (PLTR) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the PLTR stock can see an an upturn from $438.34 to $856.74 in this period. In 2041, the stock can experience a high of $550.51 by mid-year, closing the year at $654.74. This results in a 842.82% increase from today.
Moving towards the end of 2050, PLTR is projected to open the year at $1254.50. The stock may dip to $595.83 during mid-year and finish the year at $856.74. Compared to the stock's current price, this translates to an overall gain of 1367.27% by 2050.
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PLTR : Buy, Sell Or Hold?
Analyst Ratings
Based on 1 analysts, 0 rated as a strong buy, 0 recommended a buy, 0 suggested a hold, 0 advised a sell, and 1 indicated a strong sell. Three months ago, out of 5 analysts, 0 analysts gave a strong buy rating, 0 a buy rating, 3 a hold rating, 0 advised selling, and 2 suggested a strong sell. So, according to analyst ratings, the recommendation for PLTR stock is Sell.Expert Analysis
According to PLTR short-term and long-term forecast, Palantir Technologies Inc. shares are projected to go up by 1367.27%, and reach a value of $856.74 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 85.71428571428571, which signals Greed. Also, PLTR has recorded 12/30 green days, which reflects a 54.54545454545454% positivity rate with a price volatility of 0.05%.
Plus, Price-to-Earnings (P/E) ratio of 291.94998 suggests that PLTR stock is overvalued. So, Based on PLTR prediction and analysis, it may be the best time to hold PLTR stock right now.
Palantir Technologies Inc. (PLTR) FAQs
Why you should buy Palantir Stock?
Investing in Palantir stock could be appealing due to its consistent growth pattern. With a projected growth rate of +760% by 2040, Palantir’s expansion into new markets, technological innovations, and strategic partnerships may offer substantial returns.
Is Palantir’s Stock a good long-term investment?
Palantir’s stock appears to be a promising long-term investment. The consistent upward trend, reaching a year-end price of $633.12 by 2050, suggests that PLTR may continue to innovate and expand.
Where will Palantir Stock be in 5 years?
According to the provided data, Palantir’s stock price is predicted to reach a mid-year price of $215.27 and a year-end price of $235.12 in 2029. This represents a growth of +423% from today.
Will Palantir Stock hit $100?
Based on the provided projections, Palantir’s stock price is expected to surpass the $100 mark by the year-end of 2026, reaching $109.86.
Is it a good time to buy Palantir Stock?
Determining the right time to buy Palantir stock requires careful analysis of current market conditions, the company’s financial health, and broader economic factors. The projected growth rates are promising, with the data showing an increase from $231.44 at mid-year 2030 to a year-end price of $274.56, reflecting a total growth of +511.08% from today’s price, but, individual investment goals, risk tolerance, and market timing should be considered.
Disclaimer: Stock predictions, forecasts and price targets provided for "PLTR” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.