The price of Palantir Technologies Inc (NASDAQ:PLTR) shares last traded on Wall Street fell -1.69% to $84.40.
PLTR stock price is now -7.54% away from the 50-day moving average and 49.97% away from the 200-day moving average. The market capitalization of the company currently stands at $197.95B.
On February 20, 2025, Loop Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $141, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, RYAN D. TAYLOR, Officer bought 98,177 shares of the company’s stock on Mar 31 ’25. The stock was bought for $8,428,495 at an average price of $85.85. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 25 ’25, 10% Owner Palantir Technologies Inc. bought 244,011 shares of the business’s stock. A total of $946,763 was incurred on buying the stock at an average price of $3.88. This leaves the insider owning 3,421,007 shares of the company worth $288.73 million. A total of 9.43% of the company’s stock is owned by insiders.
During the past 12 months, Palantir Technologies Inc has had a low of $20.33 and a high of $125.41. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 5.96, and a quick ratio of 5.96. According to the stock market information, the enterprise value for the company is $193048444928, which is based on a 446.32 price-to-earnings ratio, a 14.71 price-to-earnings-growth ratio, and a beta of 2.72. The fifty day moving average price for PLTR is $91.2848 and a two-hundred day moving average price translates $56.2762 for the stock.
The latest earnings results from Palantir Technologies Inc (NASDAQ: PLTR) was released for 2024-12-31. The net profit margin was 16.13% and return on equity was 10.90% for PLTR. The company reported revenue of $827.52 million for the quarter, compared to $608.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.03 percent.
