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PLTR
Stock ticker: NYSE
AS OF
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Price
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Capitalization
33.93B

PLTR Price Prediction, Palantir Technologies AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for PLTR with price predictions
08:00 PM EDT Sep 28, 2023

Momentum Indicator for PLTR turns positive, indicating new upward trend

PLTR saw its Momentum Indicator move above the 0 level on September 29, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 51 similar instances where the indicator turned positive. In of the 51 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for PLTR just turned positive on September 28, 2023. Looking at past instances where PLTR's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .

PLTR moved above its 50-day moving average on September 29, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PLTR advanced for three days, in of 177 cases, the price rose further within the following month. The odds of a continued upward trend are .

PLTR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLTR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for PLTR entered a downward trend on September 28, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PLTR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (11.481) is normal, around the industry mean (19.752). P/E Ratio (294.118) is within average values for comparable stocks, (153.005). Projected Growth (PEG Ratio) (1.028) is also within normal values, averaging (2.652). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (16.722) is also within normal values, averaging (74.348).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PLTR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.

A.I. Advisor
published Earnings

PLTR is expected to report earnings to rise 13.40% to 5 cents per share on November 07

Palantir Technologies PLTR Stock Earnings Reports
Q3'23
Est.
$0.06
Q2'23
Est.
$0.05
Q1'23
Beat
by $0.01
Q4'22
Beat
by $0.01
Q3'22
Missed
by $0.02
The last earnings report on August 07 showed earnings per share of 5 cents, meeting the estimate of 5 cents. With 77.43M shares outstanding, the current market capitalization sits at 33.93B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Activision Blizzard (NASDAQ:ATVI), Palo Alto Networks (NASDAQ:PANW), VMware (NYSE:VMW).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 8.09B. The market cap for tickers in the group ranges from 291 to 2.33T. MSFT holds the highest valuation in this group at 2.33T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -0%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 1%. DTRK experienced the highest price growth at 100%, while WOWI experienced the biggest fall at -98%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -18%. For the same stocks of the Industry, the average monthly volume growth was -3% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 74
Price Growth Rating: 64
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: -17 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
1200 17th Street
Phone
+1 720 358-3679
Employees
3838
Web
https://www.palantir.com
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PLTR and

Correlation & Price change

A.I.dvisor indicates that over the last year, PLTR has been closely correlated with COIN. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if PLTR jumps, then COIN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PLTR
1D Price
Change %
PLTR100%
+1.46%
COIN - PLTR
69%
Closely correlated
-0.11%
CLSK - PLTR
66%
Loosely correlated
-1.30%
RIOT - PLTR
63%
Loosely correlated
-1.06%
NET - PLTR
62%
Loosely correlated
-0.08%
BSY - PLTR
60%
Loosely correlated
+0.38%
More