Palantir Technologies (PLTR) Stock Forecasts for 2023: Maximum Target Price $20

Posted by:Alex Belov Posted on:Jun 24,2022

Palantir is the developer of popular data analysis software. The company uses artificial intelligence technologies to analyze data. Palantir software is in demand among investment banks, hedge funds and intelligence agencies. At the moment, the company is operating at a loss (loss for the first quarter of 2022 amounted to -$101 million). Analysts predict that Palantir will reach a net profit in the coming years.

On June 23, 2022, analysts at Goldman Sachs released the latest price target for Palantir Technologies (NYSE: PLTR) stock at $10 for the next 12 months. Over the past year, 12 analyst firms have published Palantir Technologies (NYSE: PLTR) stock forecasts for 2023. The analyst price target is $12 for the next 12 months. The general consensus forecast is to buy. Possible upside potential is 27%.

Forecasts, Upside Potential for Palantir Technologies (PLTR) stock in the Next 12 Months

Palantir Technologies (PLTR) Stock Price Forecast and Target Price
Palantir
PLTR
Price on June 24, 2022
$9.45 
Consensus Rating = "Buy"
Lowest Price Target
$6
Average target price
$12
Maximum target price
$20

Palantir Technologies (PLTR) Stock Forecasts for 2023: Analysts Latest Price Targets

Analysts from Goldman Sachs, B of A Securities, Morgan Stanley, Deutsche Bank and Citigroup have published the latest forecasts for Palantir Technologies (PLTR) stock.

FORECAST DATE: 06/23/2022
Analyst "Goldman Sachs"
4.5/5
Consensus Rating = → Neutral
Price Target Change for the next 12 months = → $10
Percent upside potential for stocks
5.76%
FORECAST DATE: 06/21/2022
Analyst "B of A Securities"
4.5/5
Consensus Rating = → Buy
Price Target Change for the next 12 months = → $13
Percent upside potential for stocks
37.49%
FORECAST DATE: 05/10/2022
Analyst "Morgan Stanley"
4.5/5
Consensus Rating = Equal-Weight
Price Target Change for the next 12 months = $16 → $13
Percent upside potential for stocks
37.49%
FORECAST DATE: 05/10/2022
Analyst "Deutsche Bank "
4.5/5
Consensus Rating = Hold
Price Target Change for the next 12 months = $15 → $11
Percent upside potential for stocks
16.34%
FORECAST DATE: 05/10/2022
Analyst "Citigroup"
4.5/5
Consensus Rating = Sell
Price Target Change for the next 12 months = $10 → $7
Percent upside potential for stocks
-25.97%
FORECAST DATE: 05/10/2022
Analyst "RBC Capital"
4.5/5
Consensus Rating = Sector Perform → Underperform
Price Target Change for the next 12 months = $12 → $6
Percent upside potential for stocks
-36.54%
FORECAST DATE: 05/09/2022
Analyst "Piper Sandler"
4.5/5
Consensus Rating = Overweight
Price Target Change for the next 12 months = $16 → $14
Percent upside potential for stocks
48.07%
Share analytics

Alex Belov

Developers by oneinveststock.com. Analyst, investor

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