Are Things Looking Up For Palantir Technologies Inc (NASDAQ: PLTR)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Palantir Technologies Inc is $171.85B. A total of 75.66 million shares were traded on the day, compared to an average of 81.12M shares.

In the most recent transaction, Schiff Alexandra W. sold 4,000 shares of PLTR for 71.63 per share on Jan 07 ’25. After the transaction, the Director now owns 195,393 company shares. In a previous transaction on Jan 07 ’25, ALEXANDRA SCHIFF bought 4,000 shares at 75.92 per share.

Among the insiders who sold shares, Stat Lauren Elaina Friedman disposed of 1,000 shares on Jan 02 ’25 at a per-share price of $76.29. This resulted in the Director holding 99,923 shares of PLTR after the transaction. In another insider transaction, Stat Lauren Elaina Friedman sold 800 shares at $76.29 per share on Jan 02 ’25. Company shares held by the Director now total 62,139.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PLTR has a high of $84.80 and a low of $16.03.

As of this writing, PLTR has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 16.0 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.1.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PLTR’s latest balance sheet shows that the firm has $2.52B in Cash & Short Term Investments as of fiscal 2021. There were $260.07M in debt and $660.06M in liabilities at the time. Its Book Value Per Share was $1.98, while its Total Shareholder’s Equity was $2.29B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PLTR is Buy with a score of 2.56.

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