- Palantir Technologies partners with Accenture Federal Services to enhance AI-driven solutions for U.S. government clients.
- Wall Street analysts provide an average one-year price target of $103.56 for Palantir with a consensus "Hold" recommendation.
- GuruFocus estimates suggest a significant downside, with the GF Value projected at $31.28.
Palantir Technologies Inc. (NYSE: PLTR), a leading player in the realm of big data analytics, has strategically partnered with Accenture Federal Services to drive AI innovations for its U.S. government clientele. This collaboration aims to bolster mission-critical operations and enhance decision-making processes through state-of-the-art, AI-driven solutions. The initiative will see Accenture's team receiving certification in Palantir's robust platforms, Foundry and AI, enabling them to deliver advanced automation capabilities.
Wall Street Analysts' Forecast
Wall Street analysts have offered insights into Palantir's financial trajectory over the next year. Based on predictions from 20 analysts, the average target price for Palantir Technologies Inc. is set at $103.56. Projections span a high estimate of $155.00 and a low estimate of $40.00, reflecting varying levels of optimism. These estimates suggest a potential downside of 20.79% from the current trading price of $130.74. For a more in-depth analysis, investors can refer to the Palantir Technologies Inc (PLTR, Financial) Forecast page.
The aggregated views from 24 brokerage firms provide an average recommendation rating of 2.9, categorizing Palantir stock as "Hold." This rating operates on a scale from 1 to 5, with 1 indicating a "Strong Buy" and 5 suggesting a "Sell."
GuruFocus Valuation Insights
According to GuruFocus' valuation metrics, the estimated GF Value for Palantir Technologies Inc. over the next year stands at $31.28. This estimate implies a significant downside of 76.07% from the current price of $130.74. The GF Value is an intrinsic assessment derived from historical trading multiples, past business growth, and projected future performance. Investors looking for more comprehensive data should explore the Palantir Technologies Inc (PLTR, Financial) Summary page.
