Palantir Technologies Inc (NASDAQ:PLTR) shares, rose in value on Thursday, March 27, with the stock price down by -2.37% to the previous day’s close as strong demand from buyers drove the stock to $90.09.
Actively observing the price movement in the last trading, the stock closed the session at $92.28, falling within a range of $89.67 and $93.65. The value of beta (5-year monthly) was 2.806 whereas the PE ratio was 476.41 over 12-month period. Referring to stock’s 52-week performance, its high was $125.41, and the low was $20.33. On the whole, PLTR has fluctuated by 0.87% over the past month.
With the market capitalization of Palantir Technologies Inc currently standing at about $211.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-02.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.77B, with a low estimate of 859.7M and a high estimate of 878.56M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 864.09M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLTR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 15.70, with the price of PLTR currently trading nearly 4.54% and -0.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.62, while the 7-day volatility ratio is showing 5.64% which for the 30-day chart, stands at 7.40%. Furthermore, Palantir Technologies Inc (PLTR)’s beta value is 2.73, and its average true range (ATR) is 6.34.
A comparison of Palantir Technologies Inc (PLTR) with its peers suggests the former has fared considerably weaker in the market. PLTR showed an intraday change of -2.37% in last session, and over the past year, it grew by 267.56%%.
Data on historical trading for Palantir Technologies Inc (NASDAQ:PLTR) indicates that the trading volumes over the past 10 days have averaged 97.36 and over the past 3 months, they’ve averaged 97.33 million. According to company’s latest data on outstanding shares, there are 2.24 billion shares outstanding.
Nearly 9.43% of Palantir Technologies Inc’s shares belong to company insiders and institutional investors own 49.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 60.16 million shares as on 2025-03-14, resulting in a short ratio of 0.49. According to the data, the short interest in Palantir Technologies Inc (PLTR) stood at 287.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 79.98 million. The stock has risen by 19.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLTR stock heading into the next quarter.
