Currently, there are 2.34B common shares owned by the public and among those 2.14B shares have been available to trade.
The company’s stock has a 5-day price change of 1.57% and 21.65% over the past three months. PLTR shares are trading 14.03% year to date (YTD), with the 12-month market performance up to 249.15% 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 99.33 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 -5.66%, -1.17%, and 63.96% respectively.
Institutional ownership of Palantir Technologies Inc (NASDAQ: PLTR) shares accounts for 49.10% of the company’s 2.34B shares outstanding.
It has a market capitalization of $202.18B and a beta (3y monthly) value of 2.74. The stock’s trailing 12-month PE ratio is 453.89, while the earnings-per-share (ttm) stands at $0.19. The company has a PEG of 17.73 and a Quick Ratio of 5.80 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 7.36% over the week and 8.41% over the month.
Earnings per share for the fiscal year are expected to increase by 111.10%, and 25.63% over the next financial year. EPS should grow at an annualized rate of 25.60% over the next five years, compared to 16.90% over the past 5-year period.
Loop Capital coverage for the Palantir Technologies Inc (PLTR) stock in a research note released on February 20, 2025 offered a Buy rating with a price target of $141. Morgan Stanley was of a view on February 04, 2025 that the stock is Overweight, while Wedbush gave the stock Outperform rating on January 23, 2025, issuing a price target of $75- $90. Cantor Fitzgerald on their part issued Neutral rating on January 17, 2025.
