This blog post will analyze Palantir Technologies stock price prediction for 2023 to 2060 based on technical and fundamental analysis of Palantir’s stock price history.
Let us discuss the future price forecast of PLTR stock and its performance analysis for the coming years.
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What is Palantir Technologies Inc
Palantir Technologies is an American company specializing in comprehensive data analysis for the government and private sectors.
The company was founded in 2003 by Peter Thiel, a serial entrepreneur and co-founder of PayPal, and operates out of Denver, USA.
Palantir Technologies has come forward to prevent terrorist activities in the United States after the 9/11 attacks.
The company operates three types of services: Palantir Gotham, Palantir Apollo, and Palantir Foundry.
Palantir Gotham mainly works for the United States government to keep a close eye on terrorism and money laundering segments.
Palantir Apollo is an operating system and SaaS service for defense and security forces in the United States.
While Palantir Foundry provides its financial and IoT services to private players like Morgan Stanley, Merck KGaA, Airbus, Vezo, Lilium, PG&E and Fiat Chrysler Automobiles.
This company remained a private company till 2020, but after this year its IPO came and it became a public company.
Due to its high service rate, Palantir provides most of the services to the US government. However, its leadership has extended its services to private players like Ferrari, BMW, Tyson etc.
Most investors need to know what Palantir’s products are used for as they are deployed in highly secretive government agencies and large companies.
Now, Palantir’s leadership wants to expand its operations to private companies and provide its services around the world.
Being an analyst, it becomes necessary for us to identify the stock growth opportunity of this type of security company.
let’s start!
Financial Overview of PLTR Stock
| parameters name | value/price |
|---|---|
| current stock price | $15.38 |
| ticker symbol | PLTR |
| market cap | $32.66B |
| enterprise value | $29.81B |
| Price/Sales (TTM) | 16.09 |
| enterprise value/revenue | 14.58 |
| Price/Book (MRQ) | 11.05 |
| Enterprise Value/EBITDA | 21.84k |
| 52 weeks low/high | $5.92/$20.24 |
| 50/200-day moving average | $16.09/$10.66 |
| 52-week change | 108.52% |
| official website | Palantir Technologies Inc. |
Palantir Stock Price Prediction 2023 to 2060
| Palantir Stock Price Prediction Year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $14.03 | $21.16 |
| 2024 | $16.37 | $25.27 |
| 2025 | $21.42 | $28.60 |
| 2026 | $26.24 | $31.67 |
| 2027 | $28.57 | $34.56 |
| 2028 | $30.86 | $39.15 |
| 2029 | $32.31 | $47.12 |
| 2030 | $64.39 | $72.78 |
| 2035 | $85.22 | $103.31 |
| 2040 | $142.05 | $154.67 |
| 2045 | $186.36 | $214.22 |
| 2050 | $241.09 | $260.02 |
| 2055 | $285.55 | $315.93 |
| 2060 | $354.18 | $392.45 |
Palantir Stock Price Prediction 2023
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $14.03 | $21.16 |
Palantir Stock Price Prediction 2024
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2024 | $16.37 | $25.27 |
Palantir Stock Price Prediction 2025
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2025 | $21.42 | $28.60 |
Palantir Stock Price Prediction 2030
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2030 | $64.39 | $72.78 |
PLTR stock price prediction 2040
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2040 | $142.05 | $154.67 |
PLTR stock price prediction 2050
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2050 | $241.09 | $260.02 |
PLTR stock price prediction 2060
| PLTR stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2060 | $354.18 | $392.45 |
Is Palantir Stock a Good Long-Term Investment?
After analyzing the working segments of Palantir Technologies, its stock can be considered a good investment for the long term.
Due to patient work in advanced data analytics, money laundering, financial segment, etc., this company has a lot of potential to grow, which will increase further in the coming time.
Moreover, working for government officials, Palantir has already created a trust factor in the minds of investors.
According to our analysis, in the coming technological era, PLTR stock will be a great option to get high returns on investment for the long term.
FAQ’s
What is the prediction for Palantir stock five years from now?
According to our analysis, after five years, the PLTR stock price will fluctuate between $30.86 to $39.15.
Will Palantir Stock Reach $100?
Yes, in 2035, Palantir stock could very easily exceed the target price of $100. In case of a bullish trend in the market, this target can be achieved even earlier.
Is it a good time to buy Palantir stock?
Currently, the stock trades at $15, and experts predict that its price will go up due to high demand for financial SaaS.
Will Palantir Stock Reach $500?
According to our analysis of PLTR stock price by 2060, the chances of reaching this price are slim. But in the case of a bullish market in the financial security stocks segment, this target can be achieved.
last words
In this blog post on Palantir Technologies’ stock price predictions for 2023, 2024, 2025, 2030, 2040, 2050, and 2060, we have forecasted its stock price using an AI-based forecasting technique.
Before going public, this company worked for the US government and defense forces because its products are made of high quality.
For this reason, investors and financial institutions have great confidence and positive sentiments about Palantir’s growth in the future.
In the present time, the company leadership is trying to build a huge customer base across the globe, which is reflected in their annual reports.
Furthermore, Palantir Technologies’ diverse revenue stream serves as a catalyst to attract investors.
In our opinion, get valuable advice from any stock expert before investing in PRTL stock.
For other queries related to PRTL Stock Price Prediction, write to us in the comments section and give a maximum 5-star rating to this blog post.
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