Palantir Technologies Inc (NASDAQ:PLTR) shares traded 4.60% higher at $92.62 on Wall Street last session.
PLTR stock price is now -0.02% away from the 50-day moving average and 56.21% away from the 200-day moving average. The market capitalization of the company currently stands at $217.23B.
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With the price target of $90, Daiwa Securities recently initiated with Neutral rating for Palantir Technologies Inc (NASDAQ: PLTR). , while ‘Loop Capital’ rates the stock as ‘Buy’
In other news, Stat Lauren Elaina Friedman, Director sold 800 shares of the company’s stock on Apr 03 ’25. The stock was sold for $65,000 at an average price of $81.25. Upon completion of the transaction, the Director now directly owns 61,339 shares in the company, valued at $5.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Director Moore Alexander D. sold 20,000 shares of the business’s stock. A total of $1,676,580 was realized by selling the stock at an average price of $83.83. This leaves the insider owning 1,370,630 shares of the company worth $126.95 million. A total of 9.43% of the company’s stock is owned by insiders.
During the past 12 months, Palantir Technologies Inc has had a low of $20.33 and a high of $125.41. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 5.96, and a quick ratio of 5.96. According to the stock market information, the enterprise value for the company is $212327284736, which is based on a 489.79 price-to-earnings ratio, a 16.24 price-to-earnings-growth ratio, and a beta of 2.68. The fifty day moving average price for PLTR is $92.642 and a two-hundred day moving average price translates $59.2912 for the stock.
The latest earnings results from Palantir Technologies Inc (NASDAQ: PLTR) was released for 2024-12-31. The net profit margin was 16.13% and return on equity was 10.90% for PLTR. The company reported revenue of $827.52 million for the quarter, compared to $608.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.03 percent. For the current quarter, analysts expect PLTR to generate $872.84M in revenue.
