According to sell-side estimates, Palantir will breakeven by 2024, when its bottom-line based on GAAP is expected to turn a small profit. Regarding its guidance, it was mixed as the company’s top-line growth should remain strong, but profitability is not expected to improve much in the short term.
Is Palantir worth investing in?
Key Points. Palantir offers a unique competitive advantage. Investors should consider its current revenue growth and stock price. A key benefit of Palantir’s technology could, ironically, deter some investors.
Is Palantir a good long-term investment?
If we consider the growing demand for data in the U.S., and indeed the world, Palantir (NYSE: PLTR) looks like a great long-term investment for investors wanting a slice of the highly profitable big data analytics pie.
Will Palantir stock go up?
Palantir expects its revenue to rise 30% year over year in the first quarter of 2022, which exceeds analysts’ expectations for 29% growth. It also reiterated its long-term goal of growing its revenues by at least 30% each year through 2025. Analysts expect its revenue to rise 32% to $2 billion in 2021.
Why is Palantir not profitable?
Palantir is also not yet profitable, despite the fact that it has been around for around 17 years now. Separately, the company is getting more dependent on government customers, rather than scaling up its corporate user base.
Is Palantir undervalued?
We think investors are missing Palantir’s long-term potential to be an essential component of data operations.
How high does PLTR go?
Stock Price Forecast
The 6 analysts offering 12-month price forecasts for Palantir Technologies Inc have a median target of 12.50, with a high estimate of 16.00 and a low estimate of 9.00. The median estimate represents a +5.57% increase from the last price of 11.84.
Is Palantir better than its competitors?
Palantir Technologies Ranks 1st in Overall Culture Score
54 Employees rate Palantir Technologies’ Overall Culture a 79/100, which ranks it 1st against its competitors.
Why is the PLTR dropping?
The stock’s latest declines have been largely influenced by the broader market sell-off that has pushed major benchmark indexes like the S&P 500 and tech-heavy Nasdaq 100 into correction territory. High valuation, high growth tech stocks like Palantir have not boded well with the latest macroeconomic backdrop.
Is SoFi profitable?
SoFi Technologies is bordering on breakeven, according to the 12 American Consumer Finance analysts. They expect the company to post a final loss in 2023, before turning a profit of US$238m in 2024. So, the company is predicted to breakeven approximately 2 years from now.
Is Palantir a good company to work for?
92% of employees at Palantir.net, Inc. say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
How much is Palantir debt?
During the same period in 2020, Palantir had $2 billion of cash and nearly $200 million of debt on the balance sheet.
What will lucid stock be worth in 5 years?
The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.
What is the price target for NIO?
Stock Price Targets
| High | $556.10 |
|---|---|
| Median | $319.81 |
| Low | $189.33 |
| Average | $330.30 |
| Current Price | $18.63 |
What is the target price of Palantir?
Stock Price Target PLTR
| High | $16.00 |
|---|---|
| Median | $12.50 |
| Low | $9.00 |
| Average | $12.33 |
| Current Price | $11.47 |
Who is Palantir’s biggest competition?
Palantir’s competitors
Palantir’s top competitors include Cognizant, Splunk, Tableau Software, Verint, Tyler Technologies and Mu Sigma. Palantir is a company that provides software applications for integrating, visualizing, and analyzing information.
Is Palantir a market leader?
Palantir is a market leader in big data analytics and has significant growth potential and plenty of market share to capture. The company already caters to top government agencies, corporations, and sectors across numerous industries.
Who are the competitors to Palantir?
Top 10 Palantir Competitors & Alternatives
- Alteryx. Year founded: 1997. Headquarter: Irvine, California.
- Cognizant. Year founded: 1994.
- Splunk. Year founded: 2003.
- Tableau. Year founded: 2003.
- Trifacta. Year founded: 2012.
- IBM Watson Studio. Year founded: 1911.
- Altair Monarch. Year founded: 1990.
- Tyler Technologies. Year founded: 1966.
What has happened to Palantir?
Palantir stock declined 6.1% over a five-day trading period ending 11/24/2021, compared to the broader market (S&P500) which rose 0.3% over the same period. A change of -6.1% or more over five trading days has a 23% event probability, which has occurred 66 times out of 286 in the last year.
Will SoFi ever go up?
SOFI’s Stock Price Performance Since November 2021
The mean consensus price target for SOFI is $24.00, which implies an upside of +73% as compared to SoFi Technologies’ last traded share price of $13.86 as of January 12, 2022.
Is SoFi overvalued?
SoFi’s stock is obscenely overvalued. Both member and revenue growth have begun to slow. Slower growth in the coming quarters must be anticipated.