
Palantir Technologies (PLTR) Stock Forecast & Price Target
Palantir Technologies (PLTR) Analyst Ratings
Bulls say
Palantir Technologies has demonstrated robust financial performance, highlighted by a 30% year-over-year increase in top 20 average spend, now reaching $75 million, alongside a substantial contracted order backlog that surged 77% year-over-year to $2.4 billion. The company's strategic focus on the U.S. market is evident in its forecast, with government revenue up 53% year-over-year and commercial revenue achieving a remarkable 93% increase, contributing 31% of total revenue. Additionally, the firm recorded an impressive free cash flow margin expansion to 57%, indicating strong operational efficiency and sustainability in growth.
Bears say
Palantir Technologies has experienced a decline in international revenue for the second consecutive year, with a reported decrease of 3% and a significant miss in international commercial revenue of 7.5%, raising concerns about the sustainability of its financial growth model. The company's current remaining performance obligations (cRPO) have fallen to levels not seen since the first quarter of 2022, suggesting potential difficulties in maintaining revenue growth, particularly in light of a competitive market and niche applicability of its solutions. Furthermore, management's previous aspirational targets for revenue growth of over 30% through 2025 appear increasingly challenging to support, reflecting a lack of confidence in the firm's long-term financial projections.
This aggregate rating is based on analysts' research of Palantir Technologies and is not a guaranteed prediction by Public.com or investment advice.
Palantir Technologies (PLTR) Analyst Forecast & Price Prediction
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