Why palantir stock is down today.
Why It Matters. Although retail investors appear enthused about PLTR stock, analysts overall have a different take. Per TipRanks, the consensus view for Palantir is a hold. The experts’ average ...
Collapse NYSE: PLTR Palantir Technologies Today's Change (0.75%) $0.11 Current Price $14.80 Key Data Points Market Cap $32B Day's Range $14.55 - …Palantir investors have endured a wild ride since the company's debut, and although the stock has fallen considerably from its highs it is still priced at more than 8 times sales.With that as a backdrop, C3.ai ( AI 1.79%) climbed 4.5%, Shopify ( SHOP -0.24%) jumped 5.6%, and Palantir ( PLTR 0.66%) rallied 6.3% as of 1:17 p.m. ET. A check of all the usual sources -- press ...While Palantir reports "adjusted" profits, it still lost over $100 million under generally accepted accounting principles last quarter, thanks to a massive $149 million in stock-based compensation.
Yet today, when inflation and rate fears kicked in, Palantir sold off hard, despite Bank of America analysts defending the stock, calling the sell-off "overdone" and putting a $14 price target on ...With today's gains, Palantir now has a market cap of roughly $27.3 billion and is valued at approximately 13.7 times this year's expected sales. Beyond momentum for the broader market affecting ...Shares of artificial intelligence and big data software platform Palantir ( PLTR 1.10%) rose this week, appreciating 25.1% through Friday trading at 2:27 p.m. ET, according to data from S&P Global ...
A string of disappointing earnings is the reason why Palantir stock has declined 50% in the past 12 months and is now 68% below its all-time high of $35.18 reached in January 2021. Until Palantir ...
7 hours ago · shares are trading lower Monday amid a broader sell-off in the tech sector. Here's a look at what to know: What To Know: Shares of PLTR are falling on above-average trading volume Monday with more... The stock is down roughly 12.4% since last Friday's close as of 2 p.m. EST in today's session, according to data from S&P Global Market Intelligence. Palantir published its Q3 results on Nov. 9 ...Jan 21, 2022 · Shares of Palantir Technologies ( PLTR -5.57%) fell as much as 7% on Friday morning after a Wall Street analyst cut his price target for the data analytics stock. The analyst isn't questioning the ... What happened. Palantir ( PLTR -0.62%) stock is losing ground again on Monday. The company's share price was down roughly 3% as of 2 p.m. ET and had been down by as much as 7.3% in the daily ...
What happened. Shares of Palantir ( PLTR 1.64%), Okta ( OKTA 2.81%), and MongoDB ( MDB 3.13%) were falling hard today, down 8.1%, 6.2%, and 7.1%, respectively, as of 3:50 p.m. ET. The pullback in ...
The steady uptrend channel going back to July has been broken out of, smashed out of actually, last Thursday in a strong move. We can see clearly from the chart that Palantir stock is now steady ...
Now what. Palantir has been public for only a few years, but its stock has been volatile from the beginning as enthusiasm about the company's potential has clashed with more modest actual results ... Shares of big data software company Palantir ( PLTR -2.49%) fell 25.2% in August, according to data from S&P Global Market Intelligence . Not only did high-growth tech stocks sell off later in the ...The stock fell as a result, with the shares down 16.5% for May, according to data provided by S&P Global Market Intelligence. So what Palantir provides data analytics for government and commercial ...A post-earnings rally in Palantir Technologies ( PLTR 1.10%) shares extended to a second day, with the stock up as much as 5.6% on Wednesday morning. The release of fourth-quarter results provided ...Shares of big data software company Palantir ( PLTR 7.66%) fell hard this week, declining 12.7% on the week as of 2:46 p.m. EST Friday, according to data from S&P Global Market Intelligence ...
Jan 18, 2022 · After today's sell-off, Palantir stock is down roughly 67% from the high that it hit last January. The company now has a market capitalization of roughly $30 billion and is valued at approximately ... 79.92%. Dividend Yield. N/A. Still, Palantir remains unprofitable. It posted a net loss of $156.2 million, compared to a loss of $148.3 million in the year-ago quarter. Moreover, Palantir's ...Sep 22, 2022 · Palantir has announced a number of commercial contracts; however, it is unclear how quickly revenue will ramp up on the commercial side. Now what. Palantir is a special business with great technology. Palantir (NYSE: PLTR) stock is rising higher on Wednesday after the big data analytics company secured a $250 million firm-fixed-price contract.. That contract was made with the U.S. Department of ...The stock is now trading around its critical support range at $6-$7, and further selling pressure could send the stock down into the $5 range. ... Why Palantir Is Down Again. Palantir recently ...What happened. Shares of Palantir Technologies ( PLTR 1.06%) are falling today despite gains for the broader market. The company's stock was down roughly 4.8% as of 12:40 p.m. ET Wednesday in ...Palantir's revenue rose 26% year over year to $473 million in the second quarter. The gains were driven in part by 27% growth in the software company's sales to the U.S. government. Palantir also ...
Dec 2, 2020 · What happened. Data analytics company Palantir Technologies ( PLTR 1.65%) had an amazing November, up more than 150% despite no real needle-moving news. The stock is losing some of that altitude ...
EA stock is down 0.02% YTD. Yahoo! Finance reports 28 analysts projecting a 12-month price target of $127.00 to $162.00, or a 3.87% to 32.49% upside. In its Q2 Earnings, the company had revenue of ... What happened. Shares of Palantir Technologies ( PLTR 1.06%) are falling today despite gains for the broader market. The company's stock was down roughly 4.8% as of 12:40 p.m. ET Wednesday in ...Mar 2, 2022 · Despite positive momentum for the broader market, Palantir (PLTR 5.12%) stock is losing ground again. The company's share price was down roughly 2.7% as of 1:15 p.m. ET Wednesday, and the pullback ... What happened. Palantir Technologies ( PLTR 0.05%) reported a slight beat in its most recent quarter, and said it expects to be profitable for the rest of the year, thanks to strong demand for its ...Palantir is emblematic of the type of high-growth tech stock that flourished during the depths of the pandemic but is now struggling amid a broad market selloff. Technology stocks have been ...Aug 9, 2022 · On Monday, data analytics company Palantir reported revenue up 26% but its loss of $0.09 per share in the quarter was worse than analysts had expected. The company also forecast third-quarter and ... Palantir has been hotly debated in the investing community, but the evidence shows that the company is growing and that its performance could last well into the future. Here are the ins and outs ...
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Strong Q3/2021 Results. In the third quarter, Palantir posted revenue growth of 36% year-over-year to $392 million. The company touted its 34 new net customer additions in the quarter, a 46% ...
Palantir's share price is down roughly 22.5% year to date, and it trades down roughly 64% from the lifetime high that it hit in January 2021. The company now has a market capitalization of roughly ...Palantir Technologies ( PLTR 0.27%) has soared thus far in 2023, driven higher by a general rebound in technology stocks and advances in artificial intelligence (AI) that are taking the world by ...Palantir has attracted a lot of attention among investors in recent years as a way to play the AI boom, but its performance has been mixed as the stock is still down sharply from its peak in 2021.Yet today, when inflation and rate fears kicked in, Palantir sold off hard, despite Bank of America analysts defending the stock, calling the sell-off "overdone" and putting a $14 price target on ...Compared to $36.6 million in the same quarter last year, this is an increase of 285% year-over-year. And finally, Palantir raised its full-year guidance for fiscal 2023 …Nov 2, 2023 · Palantir's revenue grew 17% year over year in the third quarter to $558.2 million, and it booked GAAP net income of $71.5 million, or $0.03 per share, swinging into the black from a loss of $0.06 ... Feb 24, 2023 · Shares of big data software company Palantir ( PLTR 7.66%) fell hard this week, declining 12.7% on the week as of 2:46 p.m. EST Friday, according to data from S&P Global Market Intelligence ... Responding to the announcement, Palantir’s Karp said: “This award is the culmination of 20 years of developing software that enables complex, sensitive data to be …
Palantir has attracted a lot of attention among investors in recent years as a way to play the AI boom, but its performance has been mixed as the stock is still down sharply from its peak in 2021.The company earned $0.04 per share, matching analyst estimates, on revenue of $392.15 million that beat expectations by $7 million. But the year-over-year growth rate, while still an impressive 36 ...Shares of Palantir Technologies ( PLTR -5.57%) fell as much as 7% on Friday morning after a Wall Street analyst cut his price target for the data analytics stock. The analyst isn't questioning the ...Written by Trefis Team for Trefis ->. Palantir (NYSE: PLTR) stock declined by about 13% in Tuesday’s trading and is down by almost 25% over the last 5 trading days. The sell-off is largely ...Instagram:https://instagram. north carolina mortgage lendersvghcx stock pricevti mutual fundiron butterfly vs iron condor The big-data company's stock is still down by 70% from its high. What happened Shares of Palantir ( PLTR -0.41% ) were up by roughly 3.4% as of 1 p.m. ET Monday, after having been up by as much as ...With a market cap of $20 billion, Palantir is still valued at 11 times this year's sales. That price-to-sales ratio is arguably too high for an unprofitable company that is generating 20% to 30% ... highest leverage forex brokercompare horse insurance On the economic front, US consumer confidence rose for the first time in four months in November, aided by more optimistic views about the outlook for the … telluride hybrid Being included in the index means that Palantir will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock. Zooming out, we think this was a decent ...Stock Story -. What Happened: Shares of data-mining and analytics company Palantir (NYSE: PLTR) fell 8.2% in the morning session as stocks pulled back, and …PLTR stock still faces trading sentiment concerns. On a broadly positive session on Wall Street Friday, data analytics specialist Palantir (NYSE: PLTR) helped swing the needle forward, with shares ...