Previous close | 24.51 |
Open | 24.17 |
Bid | 22.96 x 1100 |
Ask | 22.98 x 1000 |
Day's range | 22.94 - 24.28 |
52-week range | 7.28 - 27.50 |
Volume | |
Avg. volume | 71,768,037 |
Market cap | 50.915B |
Beta (5Y monthly) | 2.81 |
PE ratio (TTM) | 255.67 |
EPS (TTM) | 0.09 |
Earnings date | 06 May 2024 - 10 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 20.21 |
Palantir Technologies (PLTR) shares are trading lower Thursday after Brian White, an analyst from Monness, Crespi, Hardt & Co., downgraded the stock to Sell from Neutral. Additionally, White lowered his price target to $20, citing an "excessive" valuation fueled by the AI boom and that he believes "the darkest days of this economic downturn are ahead of us." Yahoo Finance's Josh Lipton and Akiko Fujita breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith
DENVER, March 29, 2024--Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to deliver an Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype. This effort will provide the Department of Defense with a cutting-edge software capability to support Joint Electromagnetic Spectrum Operations (JEMSO). The award of prototype Other Transaction Authority (OTA) Agreement is worth $9.8 million over twelve
The S&P 500 and the Dow Jones Industrial Average closed at record highs on Thursday. Palantir Technologies stock tumbled.