This blog post will analyze the Palantir Stock Price Prediction for 2023 to 2060 based on a technical and fundamental analysis of the Palantir stock price history.
Let’s discuss the future price forecast of PLTR Stock and its performance analysis for the coming years.
What is Palantir Technologies Inc
Palantir Technologies is an American company specializing in extensive data analysis for the government and private sectors.
This company was established by Peter Thiel, a serial entrepreneur and co-founder of PayPal, in 2003 and operates from Denver, USA.
Palantir Technologies has come into the picture after the 9/11 attack to prevent terrorist activity in the USA its alliance.
This company operates three service types: Palantir Gotham, Palantir Apollo, and Palantir Foundry.
Palantir Gotham mainly operates to keep a close eye on terrorism and the money laundering segment for the government of the USA.
Palantir Apollo is an operating system and SaaS service for defense and security forces in the USA.
While Palantir Foundry provides its financial and IOT services to private players such as Morgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E, and Fiat Chrysler Automobiles.
This company remained a private player till 2020, but after this year, it went to IPO and became a public company.
Because of its high service rate, Palantir offers most of the services to the American government. However, its leadership has expanded its services to private players such as Ferrari, BMW, Tyson, etc.
Most investors need to learn what Palantir’s products are used for because they are deployed in highly secretive government agencies and large companies.
Now, Palantir’s leadership wants to expand its operation to private companies and offer its services worldwide.
Being an analyst, it becomes necessary to identify the stock growth opportunity of this type of security company for us.
Lets started!
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 Week 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’s Stock a good long-term investment?
After analyzing the working segment of Palantir Technologies, its stock can be considered a good investment for a long time.
This company has great potential to grow due to patiently working in advanced data analytics, money laundering, financial segment, etc., which will be growing in the coming time.
Apart from this, working for government officials, Palantir has already created a trust factor in the minds of investors.
As per our analysis, in an upcoming technical era, PLTR stock would be a great choice for gaining a high return on investment for the long term.
FAQ
What is the Palantir Stock prediction after five years?
As per our analysis, After five years, PLTR stock price will fluctuate between $30.86 to $39.15.
Will Palantir Stock hit $100?
Yes, in 2035, Palantir’s stock may cross the targeted price of $100 very easily. In the case of a bullish market trend, this target may be achieved early before.
Is it a good time to buy Palantir Stock?
Currently, this stock is traded at $15, and experts predict its price will go in the upward direction due to the high demand for financial SaaS.
Will Palantir Stock hit $500?
As per our analysis of PLTR stock price till 2060, there are fewer chances to reach this price. But in the case of a bullish market in financial security stock segments, this target can be achieved.
Final Words
In this blog post on Palantir Technologies’s stock price prediction for 2023, 2024, 2025, 2030, 2040, 2050, and 2060, we have forecasted its stock price by using the 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.
Due to this reason, investors and financial institutions have great trust and positive sentiments about Palantir’s growth in the future.
In the current period of time, company leadership is trying to build up a large amount of customer base worldwide, which appears in their annual reports.
Apart from this, the diversified revenue stream of Palantir Technologies works as a catalyst for attracting investors.
In our opinion, before investing in PRTL stock, take valuable advice from any stock experts.
For other queries related to PRTL stock price prediction, write us in the comment section and rate this blog post with a maximum of 5-star rating.
Thanking You!
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