Currently, there are 2.24B common shares owned by the public and among those 2.12B shares have been available to trade.
The company’s stock has a 5-day price change of -14.04% and 65.44% over the past three months. PLTR shares are trading 34.01% year to date (YTD), with the 12-month market performance up to 333.12% higher. It has a 12-month low price of $20.33 and touched a high of $125.41 over the same period. PLTR has an average intraday trading volume of 88.00 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.49%, 19.48%, and 111.63% respectively.
Institutional ownership of Palantir Technologies Inc (NASDAQ: PLTR) shares accounts for 49.28% of the company’s 2.24B shares outstanding.
It has a market capitalization of $237.70B and a beta (3y monthly) value of 2.81. The stock’s trailing 12-month PE ratio is 535.96, while the earnings-per-share (ttm) stands at $0.19. The company has a PEG of 17.29 and a Quick Ratio of 5.96 with the debt-to-equity ratio at 0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.11% over the week and 6.62% over the month.
Earnings per share for the fiscal year are expected to increase by 31.66%, and 25.97% over the next financial year.
Looking at the support for the PLTR, a number of firms have released research notes about the stock. Loop Capital stated their Buy rating for the stock in a research note on February 20, 2025, with the firm’s price target at $141. Morgan Stanley coverage for the Palantir Technologies Inc (PLTR) stock in a research note released on February 04, 2025 offered a Overweight rating with a price target of $95. Wedbush was of a view on January 23, 2025 that the stock is Outperform, while Cantor Fitzgerald gave the stock Neutral rating on January 17, 2025, issuing a price target of $72. Morgan Stanley on their part issued Underweight rating on January 06, 2025.
