What Analysts Think of Palantir Stock Ahead of Earnings
Key points
- Palantir Technologies will report the results of the fourth quarter after the market closed on Monday. Analysts expect income and adjustment of income growth.
- However, analysts largely expressed doubts about whether the stocks of the software provider can maintain the recent momentum.
- In the past 12 months, Palantir’s stock value has almost accounted for almost value.
Palantir Technologies (bacteria) The results of the fourth quarter after the market is closed on Monday, analysts largely doubt whether the stock of the analysis software provider can maintain its recent momentum.
The 13 -bit analyst tracked by Alpha did not expect the stock to increase and reach a consensus Price goal On Friday, due to some concerns that may be overvalued, a record close price of $ 40 % at $ 50 was $ 82.49.
Palantir’s stock rose by 1.6 % on Friday, and its value in the past 12 months has almost achieved value because the company’s artificial intelligence platform demand has soared.
Wedbush analyst’s view of stocks is more promising than visible Alpha stocks. Recently, its price target has increased from $ 75 to $ 90, and said that they believe that Palantir “one has become a way to become the next Oracle or Salesforce in the next few years. “They believe that Wall Street underestimated the income potential of the Palantir artificial intelligence platform.
However, other people like Jefferies maintained a “poor performance” rating and target price of $ 28 on Thursday, which indicates that the stock price is very high, so that “any sign of deceleration growth is May attract people’s attention. “
Palantir is expected to report in the fourth quarter income Nearly 775 million US dollars, a year -on -year increase of 27 %, and income A year ago, 83.51 million US dollars, 3 cents per share, less than 96.91 million US dollars, that is, 4 cents per share. However, the adjusted income is expected to rise by 35 % to US $ 2737.9 billion, that is, 11 cents per share. Wedbush expects Palantir may have a one -time impact on stock -based compensation for $ 120 million.
In the third quarter, Palantir reported Exceed expectations As a result, the revenue guide for the last quarter of this year was improved.