Why palantir stock is down today.

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

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 -2.03%) is still growing, but not as fast as investors had hoped. Investors appear to be getting impatient, sending shares of Palantir down 24.5% for the month of ...Aug 18, 2023 · Fool.com contributor Parkev Tatevosian reviews Palantir's (PLTR 0.82%) AI capabilities and what it could mean for investors. *Stock prices used were the afternoon prices of Aug. 14, 2023. The ... Palantir Technologies (NYSE: PLTR) stock is down 20% today after the data analytics company issued its latest quarterly financial results.Palantir Technologies Inc Stock Price History. Palantir Technologies Inc’s price is currently down 4.52% so far this month. During the month of January, Palantir Technologies Inc’s stock price has reached a high of $8.76 and a low of $5.84. For the year, Palantir Technologies Inc has hit prices as high as $14.86 and as low as $5.92. Year to ...

Nov. 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 ... Palantir Technologies ( PLTR -2.03%) is still growing, but not as fast as investors had hoped. Investors appear to be getting impatient, sending shares of Palantir down 24.5% for the month of ...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 itself ...

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.

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 ...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 ...Palantir Technologies Inc PLTR shares are in the spotlight Tuesday after rallying to new 52-week highs on Monday. The company officially won a contract to overhaul the U.K.'s National Health ...Earlier this week, both internal and external reports indicated that the company is making progress toward expanding its footprint. Still, PLTR stock faces risks associated with trading sentiment ...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 …

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 ...

Palantir Technologies Inc Stock Price History. Palantir Technologies Inc’s price is currently down 6.54% so far this month. During the month of September, Palantir Technologies Inc’s stock price has reached a high of $16.15 and a low of $13.68. Over the last year, Palantir Technologies Inc has hit prices as high as $20.24 and as low as $5. ...

More recently, Morgan Stanley downgraded Palantir stock to $8, which implies a 40% drop from current trading levels. According to several public reports, the bank's downgrade anchors on the gap ...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 ...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 ...Feb 15, 2023 · A post-earnings rally in Palantir Technologies ( PLTR 5.12%) 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 ... 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 ...Palantir Technologies Pumps Up the Volume, and the Price Targets...PLTR I recommended the long side of Palantir Technologies (PLTR) on April 13 writing that "Aggressive traders with a bit of patience could go long PLTR at current levels ris...

Nov 29, 2021 · 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 ... 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 ... 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 ...Palantir Technologies (NYSE:PLTR) fell more than 11% on Monday after the data software company reported mixed third-quarter results and guidance, with investment firm Citi adding it expects ...Read on to find out about this new product development and why it makes the stock a screaming buy. Palantir is an AI-first platform. Palantir primarily uploads mounds of data through its software ...

The 53 analysts offering price forecasts for Palantir have a median target of 11.44, with a high estimate of 25.00 and a low estimate of 4.50. The median estimate represents a 166.73 difference ...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 ...

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 ...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 ...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 ...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 ...Karp and his team are doubling down on Palantir's ecosystem as the company continues to try to acquire market share in the AI arena. Recently, the company revealed it is hosting something called ...Sep 5, 2023 · Palantir's most recent quarterly results, announced in early August, continued the trend. The company matched earnings expectations on revenue that was up 13% year over year. The company also ...

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 ...

Palantir Technologies ( PLTR -2.03%) is still growing, but not as fast as investors had hoped. Investors appear to be getting impatient, sending shares of Palantir down 24.5% for the month of ...

Palantir Technologies (NYSE:PLTR) fell more than 11% on Monday after the data software company reported mixed third-quarter results and guidance, with investment firm Citi adding it expects ...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% ...Related Quotes Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 8.2% in the morning session as stocks pulled back, and yields rose (leading to a bond selloff) after the S&P...What happened. Shares of Palantir Technologies ( PLTR -0.62%) charged sharply higher Friday, spiking as much as 10.8%. As of 3:22 p.m. ET today, the stock was still up 10.5%. While the rising tide ...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 ...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.Shares of Palantir ( PLTR -0.62%) are sinking again in this week's trading. Heading into this Friday's market open, the big-data specialist's stock was down roughly 8.4% from last week's close ...View the latest Palantir Technologies Inc. (PLTR) stock price, news, historical charts, analyst ratings and financial information from WSJ.May 9, 2023 · 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 ... 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 ...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 ...

Palantir's revenue rose 26% year over year to $473 million in the second quarter. The gains were driven in part by 27% growth in the software company's sales to the U.S. government. Palantir also ...Palantir has attracted a lot of attention among investors in recent years as a way to play the AI boom, but its performance has been mixed as the stock is still down …shares are trading lower Monday amid a broader sell-off in the tech sector. Here's a look at what to know: What To Know: Shares of PLTR are falling on above-average trading volume Monday with more...In since 9.9$ with 100 shares, at one time to 550 and currently 300. Aiming to add to 1000 by EOY or early 2022 depending on other investment’s performance. In my opinion, short to medium term (less than 10 years), Palantir should be held for hedge against inflation (it has been stable for almost the whole year long since going public).Instagram:https://instagram. free you need a budgetbest mortgage brokers for investment propertysafest investment for retirementwhere to buy curaleaf stock Palantir was downgraded to underweight by Morgan Stanley on the belief that the stock's AI-fueled run-up is overdone. Palantir shares are up 130% year to date …Search stocks, ETFs and Commodities. Instrument Name Morgan Stanley Instrument Symbol (MS-N). Instrument Exchange NYSE invest in uraniumsofi student loans 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 ...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 ... 1776 1976 quarter worth 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 ( 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 ...