Why palantir stock is down today.

After gaining momentum and later declining in price in the last couple of months due to the AI-related rally, Palantir's ( NYSE: PLTR) stock is once again on a winning streak as it reached new 52 ...

Why palantir stock is down today. Things To Know About Why palantir stock is down today.

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 …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. So what. Palantir's revenue climbed 36% year over year to $392 million in the third quarter. That marked a notable deceleration from the 49% growth the data software provider delivered in the ...PLTR’s stock price in 2024 will range from $18 to $25, and “this wide range reflects the uncertainty surrounding the company’s future performance and the overall …

Shares of Palantir ( PLTR 3.64%) climbed 29% in July, according to data from S&P Global Market Intelligence. The artificial-intelligence software specialist has seen its share price more than ...So what. Palantir's revenue climbed 36% year over year to $392 million in the third quarter. That marked a notable deceleration from the 49% growth the data software provider delivered in the ...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 - …

Big data and analytics player Palantir Technologies stock has declined by close to 18% over the last month, underperforming the S&P 500 which remains down by about 5% over the same period.Yet, no stock can just go up forever. As Palantir released its quarterly results and outlook, some investors probably sought an excuse to take profits. They found the excuse they were looking for ...

Search stocks, ETFs and Commodities. Instrument Name Morgan Stanley Instrument Symbol (MS-N). Instrument Exchange NYSENov. 28, 2023 at 5:34 a.m. ET on Motley Fool. Palantir Technologies, Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the ...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% ...PLTR stock dropped following its Q2 report, with $28M net income and $533M revenue, up 13% year-over-year. The stock surged from $4.30 to $20 based on hype around the company’s potential to ...

Software company Palantir Technologies ( PLTR -0.56%) is arguably one of the most controversial stocks on the market. Investors either love or hate the company and aren't afraid to tell you about ...

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 ...

Advertisement Palantir Technologies Inc. (PLTR) NYSE - Nasdaq Real Time Price. Currency in USD Follow 2W 10W 9M 20.06 +0.22 (+1.08%) At close: 03:59PM EST …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 ...Palantir's ARPC was down by 20%, reaching $5.2 million, but the decrease was attributable to the expanding commercial customer base, which started with a lower contract value (acquire-phase).Shares of Palantir Technologies ( PLTR -2.49%) are up 11.9% this week as of 3:40 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence, after the U.S. Army awarded the ...Shares of Palantir ( PLTR) stock are up approximately 5% today on no clear company-specific news. However, this continued surge appears to be tied to hype around the AI revolution. With Nvidia ...

Aug 31, 2023 · PLTR stock dropped following its Q2 report, with $28M net income and $533M revenue, up 13% year-over-year. The stock surged from $4.30 to $20 based on hype around the company’s potential to ... Oct 6, 2023 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips. On a broadly positive session on Wall Street Friday, data analytics specialist Palantir (NYSE:PLTR) helped swing the needle forward ... The stock market reacted nervously to the report, and Palantir stock was down by 12% during today’s trading session. What’s Next For Palantir Stock? The …Stock control is important because it prevents retailers from running out of products, according to the Houston Chronicle. Stock control also helps retailers keep track of goods that may have been lost or stolen.Palantir Technologies, Inc. PLTR shares were pulling back in premarket trading on Thursday following a negative analyst action. Morgan Stanley analyst Keith Weiss downgraded Palantir from Equal-Weight to Underweight, citing unfavorable risk-reward, StreetInsider reported. The analyst also said the stock could see a 45% downside from …What happened. Palantir Technologies ( PLTR 1.06%) has been a momentum stock since it first went public during most of its two and a half years as a public company. In May, the company found ...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 …

Jul 29, 2023 · After Palantir’s stock aggressively appreciated due to the AI-related rally, the management would now need to convince the street why this rally has more legs to justify the current valuation.

Why Palantir (PLTR) Stock Is Down Today. ... As a reminder, higher rates generally hurt stock prices, as today's stock price is the present value of future cash flows discounted at a discount rate ...In Q3 2021, Palantir reported $0.04 in adjusted EPS and revenues of $392 million. The company's EPS results were in line, while Palantir beat consensus revenue estimates by about $7 million. The ...Palantir stock forged a cup base with an entry point of 20.24. As of Nov. 27, Palantir stock has dropped out of a buy zone. ... Take a Trial Today. Get instant access to exclusive stock lists ...Palantir Technologies (PLTR 1.06%), a controversial data analytics company, made its public debut on Wednesday, and its shares showed an impressive 48% gain as of 2:30 p.m. EST. That percentage is ...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 ...Shares of Palantir ( PLTR 3.64%) climbed 29% in July, according to data from S&P Global Market Intelligence. The artificial-intelligence software specialist has seen its share price more than ... Palantir stock forged a cup base with an entry point of 20.24. As of Nov. 27, Palantir stock has dropped out of a buy zone. ... Take a Trial Today. Get instant access to exclusive stock lists ...With shares skyrocketing in recent months, Palantir’s valuation has expanded considerably, which could be a risk for current investors. Specifically, the stock is currently trading at about 19 ...Palantir (NYSE:PLTR) stock is in focus following the publication of a Financial Times piece detailing a National Audit Office (NAO) report. The NAO, a U.K. public spending watchdog, believes that ...

Advertisement Palantir Technologies Inc. (PLTR) NYSE - Nasdaq Real Time Price. Currency in USD Follow 2W 10W 9M 20.06 +0.22 (+1.08%) At close: 03:59PM EST …

Dec. 4, 2023 at 4:33 AM EST. Stock futures slipped as a new trading week got under way. Bitcoin surged above $40,000, while gold hovered around the record-high levels …

Feb 17, 2022 · 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 ... Mar 7, 2022 · Even after today's gains, Palantir's stock price is down about 38% so far this year. Although its shares aren't cheap at roughly 60 times analysts' earnings estimates for 2022, they are now much ... PLTR stock dropped following its Q2 report, with $28M net income and $533M revenue, up 13% year-over-year. The stock surged from $4.30 to $20 based on hype around the company’s potential to ...Shares of Palantir Technologies (PLTR 4.64%) rose on Thursday, following positive analyst remarks. By the close of trading, the stock price was up 3.8% after rising as much as 6.3% earlier in the day.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 ...Why Palantir (PLTR) Stock Is Down Today. ... As a reminder, higher rates generally hurt stock prices, as today's stock price is the present value of future cash flows discounted at a discount rate ...As of 12:50 p.m. EDT, Palantir's stock price was up more than 10%. So what Palantir's revenue rose 49% year over year to $376 million, fueled by new customer additions and higher sales to existing ...Neil Rozenbaum has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Neil is an affiliate of The ...Why Palantir (PLTR) Stock Is Down Today. ... As a reminder, higher rates generally hurt stock prices, as today's stock price is the present value of future cash flows discounted at a discount rate ...Jun 21, 2023 · Palantir is up 128% since the beginning of the year, but at $14.55 per share it is still trading 12.3% below its 52-week high of $16.60 from June 2023. Investors who bought $1,000 worth of ... 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 ...

Understanding stock price lookup is a basic yet essential requirement for any serious investor. Whether you are investing for the long term or making short-term trades, stock price data gives you an idea what is going on in the markets.Palantir (NYSE:PLTR) stock is in focus following the publication of a Financial Times piece detailing a National Audit Office (NAO) report. The NAO, a U.K. public spending watchdog, believes that ...Palantir now has a market capitalization of roughly $31 billion and is valued at approximately 15.5 times this year's expected sales. The big data company's business has been growing at a healthy ...Key Data Points. 1. Palantir is enjoying broad-based growth. Businesses are flocking to the data analytics specialist's platform. Palantir's customer base surged 41% year over year in the first ...Instagram:https://instagram. cigna dental discount programym00short selling appsterling infrastructure stock 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 driven by a mixed December quarter earnings ... paper trade options apptop investing firms Palantir Technologies ( PLTR 1.10%) has been on fire so far in 2023, fueled by a continuing resurgence in technology stocks. Shares of the data mining and analytics specialist are up 138% so far ... divo holdings Shares of Palantir ( PLTR 3.64%) climbed 29% in July, according to data from S&P Global Market Intelligence. The artificial-intelligence software specialist has seen its share price more than ... Image source: Getty Images. All told, Palantir generated an operating loss of $39 million, compared with a loss of $114 million in the year-ago quarter. Despite that improvement, the company's ...