Palantir Technologies Stock Forecast and Price Prediction 2024–2035

Artificial intelligence (AI) has seen rapid adoption over the past few years. As a result, the US market is expanding, which has also benefited companies operating in this sector. Palantir Technologies’ profits are up 17% over the last year and are still rising somewhat.

PLTR stock holds investors’ attention due to its model that is deemed to be very uncommon and has good prospects to achieve growth. Palantir Technologies (PLTR) stock has returned 174.14% over the last 12 months. It is up 33.96% so far this year. Overall returns include both price appreciation and dividend reinvestment.

In this post, we will learn about Palantir stock predictions for tomorrow, next week, and the coming years and understand whether this stock could be a better choice for long-term investment. This page also presents a fundamental analysis of the company and examines the factors affecting the PLTR stock price.

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Palantir Technologies, Inc. At a Glance

Palantir Technologies, Inc. is a publicly traded American firm founded in 2003 that specializes in big data analytics software platforms. The company uses artificial intelligence (AI) to analyze massive data sets, find patterns, and provide insights. The company provides services to commercial and government organizations, helping them increase efficiency, accuracy, and production.

The company’s performance status and key developments in the coming years

• In its most recent quarter, Palantir demonstrated strong revenue growth due to increased demand for its data analytics services and a 32% year-over-year increase in its commercial revenue. Similarly, its commercial customer count grew by 55% from a year ago. The company’s ability to secure long-term contracts with government agencies and large enterprises has also been impressive.
• Palantir Technologies ranks as the 350th largest US company. Given the potential for long-term growth in spending on AI software, Palantir has a good chance to outperform the market going forward. The rate of new customer acquisitions has increased faster in the recent quarter than indicated by management, which suggests the company may exceed its annual guidance, which would keep the stock stable at current levels. The company should continue to grow its revenue and customer base.
• The 30% CAGR for Palantir Technologies could be supported by profitability in its commercial division as opposed to its government-focused segment, which is growing slowly. Additionally, as demand for AI-powered tools and big data analytics continues to grow, Palantir’s growth rate may accelerate.
• To put things in perspective, analysts’ consensus projections, which reached their peak before Palantir’s financial announcement, predicted $602.4 million in revenue and $0.08 in earnings per share. By any measure, this was a solid performance.
• As for Palantir’s latest performance, Palantir’s sales of $608 million in the fourth quarter were up 9% on the prior quarter and 20% on the overall year. US commercial revenues increased by 70%, driven primarily by increased demand for the company’s Artificial Intelligence Platform (AIP), which is powered by generative AI.
• With an adjusted EPS of $0.08, Palantir has earned its fifth consecutive quarter by generally accepted accounting principles. Management continued to forecast at least 40% growth in the coming year for its commercial business in the United States.

Palantir Technologies (PLTR) Stock Financials Data

Technical Analysis of Palantir Technologies Based on Indicators

You can use Palantir Technologies indicator-based technical analysis to find better entry points into the market. For Technical Analysis for PLTR, you can adjust the time frame as per your wish to find the best analysis.

Indicator-based technical analysis of PLTR signals is classified into different categories to help you understand what is going on here.

• “Sell” or “Strong Sell” means that most signals are bearish.
• “Buy” or “Strong Buy” means that most signals are bullish.
• “Neutral” means that the signal is neither bearish nor bullish.

While making your selection, keep in mind that signals may vary in different time frames. For short-term signals, it is recommended to use settings in the range of 15 minutes to 2 hours. If you want to hold Palantir Technologies stock for longer than a week, you should use settings ranging from days to weeks.

Palantir Technologies Stock Forecast for Tomorrow and Next Week Based on The Last 30 Days

The Palantir Technologies stock forecast for tomorrow is $22.62. In the next week, the price of PLTR is expected to increase by 2.29% and hit $23.14.

Long-Term Palantir Technologies Stock Price Forecast 2024–2035

As far as the long-term Palantir Technologies stock forecast is concerned, the PLTR forecast for 2025 is currently $53.63, for 2030 it is $104.10, and for 2035 it is $131.14. Here, we assume that Palantir Technologies shares will continue to grow at the average annual rate over the last 10 years.

Palantir Technologies, Inc. (PLTR) Chart Online

Main Factors That Affect Palantir Technologies, Inc. (PLTR) Stock Price

Several factors influence Palantir Technologies, Inc.’s (PLTR) stock performance, such as:

Overall Sentiment Towards the Tech Industry

The general approach towards the technology sector is important. Since PLTR is a technology firm, market movements and investor sentiment about the industry as a whole often have an impact on the company’s stock. Any adverse information or concern about the technology sector could cause PLTR’s share price to rise.

Company share prices are greatly influenced by market sentiment, and market sentiment depends on the mood of investors. For example, good news can increase the demand for shares by investors, which can increase the share price. If we look at examples of good news, these might include strong earnings reports or new company ventures.

Conversely, adverse reports or controversies are likely to reduce investor confidence and cause the stock price to fall.

Dynamics of supply and demand

In a stock market, the principles of demand and supply mustn’t be forgotten too, just like in any other economic sphere. PLTR shares are expected to appreciate during periods of high demand and factoring in the scarcity of shares. On the contrary, a freefall in the stock price could be as a result of product deficit and demand downfall.

News about Palantir Technologies, Inc.

The performance of a company’s stock in the stock market is influenced by news related to the company, and this is true with Palantir Technologies, Inc. as well. These news may contain important announcements related to the company, such as Palantir Technologies tie-ups with well-known businesses or government contracts, which can increase investor confidence and increase the stock price.

One of the most impactful news stories that can be traced back to recent months was this alliance between PLTR and IBM. This collaboration is targeted at solving AI business problems with highly sophisticated technological tools. As a consequence, the respective news led to higher investor interest in the company and made the PLTR stock price go through the roof.

On the other hand, not all news during the last few months covered positive aspects; bad news such as regulatory investigations or data breaches also contributed to the PLTR stock’s fall.

Opponents state that the analysis of data overshadows the privacy rights of consumers, and so the issue of data mismanagement may arise.

Such kinds of lawsuits can gain negative media attention and public belief, and the situation will impact the investors’ sentiments, which in turn will lead to the decline of PLTR stock.

Company’s financial performance

Investors remain critical of any business they are involved in and, hence, watch its financial record carefully. The share price for them may be triggered by growth revenue, profitability, or even the capability of the business to offer cash flow. The earnings report that portrayed profitability brought forward more investors helping to increase the PLTR stock price.

Contrary to this group of people that invests in the company, when it is performing poor in terms of finance, the investors lose the interest.

Macroeconomic Conditions and Market Volatility

When the economy is unclear or the markets are bearish, investors are generally more cautious and avoid taking risks. As a result, there may be less demand for PLTR stock, causing the price to decline.

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The Bottom Line

AI is likely to remain a theme that is attracting the most investor attention and an area where it has made a mark is the Palantir Technologies (PLTR). Given that the stock has no foreseeable end to the service demands, which will most probably increase in future, this one carries a huge growth potential and is likely to outperform the market in the long run. The publicly listed data analytics firm, on the other hand, has hiked its stock prices by 229% over the past one year.

It looks as if Palantir has an excellent perspective for the future. The company is there by for growth owing to an increase in demand for data analytics services being partnered by reputable companies plus it’s dedication of innovation. Nevertheless, the investors should remember that there are risks associated with these types of investment which may include privacy violation and legal barriers.

The development might be another factor which will lure long-term shareholders. If a company manages to sustain a growth in earnings while keeping the high margin of profit, then you may expect its price-to-acquired earnings multiple could be to be low. This saves money for one’s self may prove to be a good deal in the long run as well.

Yet, it must be taken into consideration that Palantir is struggling to become profitable, as the company is operating under basic conditions. An enterprise is evidently allocating substantial amounts of resources to marketing, R&D and customer acquisition. Though these expenses might be essential for future development, they may cause some investor sentiment to decline and the profits to decline in the short term.

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