Palantir Technologies – PLTR Stock Forecast 2024, 2025, 2030 

What is Palantir Technologies Inc’s (PLTR) stock forecast? 

According to our Al stock price forecaster at FinTechBrains, the recent long-term PLTR stock forecast prices may linger between $17.9 – $61 in 2024, $83 in 2025, $89 in 2026, and leap further to $112 by the end of 2030 while making its all-time high of $141 in 2035 and $169 in 2040.

What does Palantir Technologies Inc (PLTR) exactly do? 

Palantir Technologies is an advanced data analytics service provider that deals with building software programs around mining intelligent datasets on any trends using Al and ML technologies. 

The company majorly uses its skills to build advanced software systems for defense entities in the USA, UK, and abroad. Their recent joint venture with Anthropic towards building advanced software for counterterrorism intelligence has caught a lot of ears. 

What is PLTR Stock price history and PLTR price chart? | PLTR stock price last 10 years 

PLTR stock 10-year long-term Forecast | Where will PLTR stock be in 5 years? 

PLTR Short-Term Stock Prediction

PLTR Stock Forecast YouTube Video

PLTR Stock Forecast 2024

Palantir Technologies’ plans for 2024 include:

Expected revenue growth of over 30%, reaching around $2.8 billion.

Increased focus on AI-driven platforms, particularly Palantir AIP.

Expansion into both government and commercial sectors.

Quick deployment of solutions, especially in times of crises (e.g., global conflicts).

PLTR Stock Forecast 2025

Palantir Technologies’ plans for 2025 focus on:

AI Expansion: Deepening its integration of artificial intelligence across both public and private sectors.

Industry Growth: Broadening its market reach into healthcare, finance, and other non-government sectors.

Government Relations: Ensuring continued and stable partnerships with governmental entities.

Commercial Focus: Further developing AI-driven data solutions for commercial businesses.

Stock Performance: Analysts predict a 40% growth in stock value, driven by AI integration and sector diversification

PLTR Stock Forecast 2026

plans for Palantir Technologies by 2026:

Revenue Growth: Palantir aims to increase its revenue to around $4.1 billion by 2026, with steady annual growth of 20-30%​.

AI and Machine Learning: The company is improving its AI and machine learning tools to provide advanced data insights for more industries​.

Sector Expansion: Palantir plans to expand its use of data analytics in healthcare, finance, manufacturing, and its traditional government clients​.

Platform Development: They will enhance their core platforms—Palantir Foundry and Gotham—to serve a broader range of commercial and government needs​.

Increased Profits: Earnings per share (EPS) are projected to grow, with a forecasted annual increase of 19-21%​.

These strategies focus on strengthening Palantir’s position in big data analytics and AI across different sectors.

PLTR Stock Forecast 2030

Below are the key areas PLTR plans to focus on by 2030 to step up its game in the market

Revenue Growth: Palantir aims to grow its revenue by 25% annually, potentially reaching over $7 billion by 2030

Expansion into Commercial Markets: Palantir plans to expand its services into more commercial industries, such as manufacturing and finance, to create new revenue streams

Global Growth: The company is looking to increase its presence internationally, both with government contracts and in private sectors

New Products: Palantir is developing new products, like Foundry and Gotham, to offer more industry-specific solutions​

PLTR Stock Forecast 2035

2035 for PLTR looks more like a time for mustering and collating pieces from across various streams to form PLTR’s unified business.

Personalized Data Solutions: By 2035, Palantir may develop highly personalized data-driven tools for individual businesses and consumers.

Quantum Computing: The company may invest in quantum computing to revolutionize data processing capabilities.

Tech Leadership in Security: Enhancing data security and decision-making capabilities to address global challenges.

Sustainability Initiatives: The company could prioritize using data analytics to solve global environmental challenges.

PLTR Stock Forecast 2040

While mastering AI and ML areas all these years, PLTR might mainly focus on using its expertise and resources to penetrate Space exploration areas.

Strategic Partnerships: Collaborations with companies like Voyager Space will enhance Palantir’s role in space and defense, using its AI tools for advanced payload management and data optimization.

Space Industry Integration: Palantir plans to enhance space technology with AI tools, optimizing satellite and space station management, including payload analysis and mission coordination.

National Security Focus: Palantir will continue developing AI technologies to strengthen defense and military systems, such as real-time data processing and intelligence analysis

Revenue Growth: Projections suggest Palantir could reach significant financial milestones, positioning itself as a major tech player globally.

PLTR Stock Forecast through Technical Analysis 

While we write this PLTR stock analysis on November 2024, the US election results have unprecedentedly skyrocketed most Al and IT stocks after Trump’s selection as the US president. 

While PLTR’s fundamentals look to be stronger with time, the technical charts clearly imply the breakout of Palantir’s previous price zone which was fluctuating between $8-$33 per Palantir share price. This breakout might experience a pullback of 30-50% up until between $36-$44 before the price resumes its climb towards hitting $100 per PLTR stock price making Palantir a $224 B market cap business. 

PLTR Stock Forecast through Fundamental Analysis 

Palantir’s financial statements and financial ratios have skyrocketed rapidly in the last 5 years. 

Let us dig into financial statements to know the company’s intrinsic health. 

The average debt/equity ratio has been reduced from 2.70 to 0.06 over the last 5 years showing the company’s efficient belief in leveraging its operations through debt but at the same time clear out its liabilities with time. 

The negative PE ratios being recorded after 2020 for consecutive 3 years shows how Palantir must have been struck by COVID-19 effects but then post 2022 the PE ratio propped to 190 and 279 respectively. This implies that the investors were least interested in investing in Palantir between 2020 to 2022, but looks like the company managed to crack investors’ trust through their ingenious outcomes resulting in grabbing investor’s sudden interest. 

The elevated EV/EBITA ratios imply the company is overvalued now because of excess interest by shareholders. 

The consistent growth of ROE from -177% in 2019 to 12.14% in 2024 indicates Palantir’s capacity to turn investor’s investments profitable. 

The above figures are no doubt the traits of a high-standard performing company. But looking just at financial ratios won’t work. So let us dig further into financial statements. 

Income Statement Analysis – 

Palantir has observed a yearly annual growth in revenue of 32% in the last consecutive 5 years. With growing sales, the profit after tax has doubled from clocking $ -0.598 in 2019 to $0.488 in 2024. The growth in profits has proportionally improved the EPS with time. The company has started recording profits of $210 M and $500 M respectively in the last 2 years after effectively closing their debt and other liabilities payments. 

Palantir has been able to consistently maintain a yearly average free cash flow of $0.20 B which definitely instills a positive sentiment towards the company amongst investors and shareholders. 

Will Palantir hit $100? 

Palantir is one of a few Al companies that is profitably riding the Al hype after Nvidia. Palantir didn’t grab retail investor’s attention until 2022. It was just some other IT company providing Al and ML services. But in hindsight, the company was working on its value-building by acquiring quality clients and customers. 

If you see their Revenue metrics, more than 50% of their revenue comes from their government contracts as their customers. Generally, when you bag any government advanced projects, these projects go on for between 5-10 years boosting Palantir’s operating cashflow income. The company has been clear about its strengths and makes sure to be in synergy with it while picking its clientele. 

With its strong foundational fundamentals already being built, touching the $100 per Palantir share price target is not a farfetched idea but just a matter of time. 

Should I buy or sell PLTR stock now? 

Palantir is one of the in-radar Al stocks of Wall Street Analysts and a general rule of thumb says, always pick a business that’s not in the news, has not been picked up by Wallstreet Analysts, and isn’t the hottest stock in the market. Palantir on the contrary is one of the hottest Al stocks in the market, Al is a trendy topic and most companies have been desperate to switch their niche to ride the opportunity. 

The fundamentals of the company no doubt look clean with its year-on-year growing earnings. But the Palantir stock prices are highly elevated, don’t match their valuation and for the time being, looks like a missed opportunity. This probably isn’t the time for a long-term investor planning to take fresh positions. This could be the best time to book profits though or for traders with swing investments on their heads. 

The estimated fair value of Palantir (PLTR) stock using the Discounted Cash Flow (DCF) model is $15.72. With the current market price at $55.88, this suggests the stock is overvalued by about 73%. Under a more optimistic valuation scenario, the fair price could be $10.12, indicating an even higher overvaluation of around 82% compared to the current price.

Note – Kindly use this blog information for educational purposes only. Investments are usually risky and subject to market emotions, so consult a licensed financial advisor before investing in the stocks.