Key Takeaways:
- Upcoming press conference on mortgage fraud may influence Palantir Technologies Inc. (PLTR, Financial) stock.
- Analysts predict a potential decline in PLTR's stock price over the next year.
- Current recommendations suggest a "Hold" status for Palantir Technologies Inc.
Federal Housing Finance Agency Director Bill Pulte has announced a significant press conference addressing mortgage fraud. Joining him at the event, set to unfold at Fannie Mae, will be Alex Karp, the CEO of Palantir Technologies Inc. (PLTR). Investors are closely observing this development for its potential implications on Palantir's stock trajectory.
Wall Street Analysts Forecast
Wall Street analysts have offered one-year price targets for Palantir Technologies Inc. (PLTR, Financial), with insights from 20 analysts providing an average target price of $99.81. The high estimate reaches $150.00, and the low estimate is pegged at $40.00. This average target suggests a potential downside of 19.11% from the current price of $123.39. For a more comprehensive overview, explore the Palantir Technologies Inc (PLTR) Forecast page.
Incorporating perspectives from 24 brokerage firms, the consensus recommendation for Palantir Technologies Inc. (PLTR, Financial) currently stands at 2.9. This rating signifies a "Hold" status, based on a scale that ranges from 1 to 5, where 1 indicates a Strong Buy and 5 denotes a Sell.
Understanding GF Value Estimates
According to GuruFocus estimates, the projected GF Value for Palantir Technologies Inc. (PLTR, Financial) in the coming year is $30.59. This estimation implies a significant downside of 75.21% from the current market price of $123.39. The GF Value represents GuruFocus's calculation of the fair trading value of the stock, grounded in historical trading multiples, past business growth, and future business performance projections. For detailed insights, refer to the Palantir Technologies Inc (PLTR) Summary page.
