Palantir Technologies (PLTR) Price Prediction and Forecast 2025-2030 for April 7

Shares of Palantir Technologies Inc. (NASDAQ: PLTR) jumped 12.40% on Monday during a.m. trading as tech stocks attempted to claw their way back from the massive losses the market experienced last Thursday and Friday. The big gain nearly brought Palantir back to even, with its year-to-date loss now just -0.11%. Over the past year, shares of PLTR are now up 226.70%. The price target for Palantir was recently lowered by analyst Mark Schappel of Loop Capital to $125 from $141, with the firm maintaining its buy rating. However, there is optimism surrounding the AI company, whose strong full-year guidance for 2025 sees a sales forecast between $3.74 billion and $3.76 billion, topping average estimates of $3.52 billion. Nonetheless, insiders are selling off the stock, including CEO Alex Karp, who offloaded $1.9 billion in shares since last year and plans to sell nearly $800 million more by September. Big Data is expected to be big business in the years ahead. According to platform provider Edge Delta, the market for data services is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028 — an increase of 82.2%. Palantir is a major player in the space. The company was co-founded by entrepreneur and venture capitalist Peter Thiel, who was also the co-founder of PayPal and the first outside investor in Facebook. Since going public on Sept. 30, 2020, Palantir’s stock price has risen more than 714%. The company stands as one of Big Data’s industry dominators. However, finding data-driven assessments of where the company’s stock will be in the medium and long term can be complicated. With Wall Street analysts only going as far as providing one-year price targets, it can be difficult for investors to accurately gauge predictions for stocks like these over longer horizons. But for buy-and-hold investors who want to know where Palantir’s stock might be several years down the road, 24/7 Wall Street has done the legwork and can provide insights around the numbers coming from the company, and which market segments the company is operating in that are most exciting to us. Key Points in This Article: Key growth drivers: Palantir’s four operating platforms, AIP, Foundry, Gotham and Apollo. The company’s AI platforms are in high demand from the federal government. Palantir’s two strategic partnerships with space companies will leverage its AI intelligence to drive innovation in space technology. If you’re looking for an AI stock early in the AI growth cycle, grab a complimentary copy of our “The Next NVIDIA” report. It has a software stock that could ride dominance in AI to returns of 10x or more. Palantir’s Results After Four Years The following is a table that summarizes the performance in share price, revenues, and profits (net income) of PLTR from its inception in 2020 through the second quarter of 2024: Year Share Price Revenue* Net Income* 2020 $23.55 1.092 1.166 2021 $18.21 1.541 .520 2022 $6.29 1.905 .373 2023 $17.17 2.225 .209 2024 $77.18 2.87 .477 *Revenue and net income in $billions Since going public, Palantir saw its revenue grow experience explosive growth while net income has fallen, although it has ticked up from 2023 to 2024. That drop in net income can be easily attributed, though. The company’s IPO in 2020 raised $2.6 billion, but that was shortly followed by 2022’s year-long bear market. Nonetheless, by 2023, the Big Data firm was able to reach profitability for the first time in its then 20-year history. The momentum has continued with a series of earnings beats, most recently in early February the its Q4 2024 reporting. That marked the sixth consecutive EPS beat for Palantir, and the eighth in nine quarters. Key Drivers of Palantir’s Stock Performance Palantir’s Expansion and Adoption of AI and Machine Learning Platforms: In addition to its AI bootcamps, the company offers clients four platforms to help manage, analyze, and secure their sensitive data. The first, AIP, focuses on introducing AI into companies’ operations. Foundry, Palantir’s operating system for modern enterprises, allows customers to harmonize and automate decision-making in complex settings while bridging the divide between core business and operating teams with data teams and modeling teams. Gotham, its third platform, focuses on a global scale, with the company billing the software as the weapons system for decision-making, which has extensive applications in defense and combat. Finally, Palantir’s Gotham platform is an operating system for continuous delivery with a focus on deployment — that is, integrating a machine-learning model into a production environment. Palantir is also making a strong push into modular sales to attract smaller clients and scale them with customer solutions as they grow. This strategy will significantly expand Palantir’s customer base and provide years of earnings growth. Government Demand: Palantir’s revenue from government sources has outperformed revenue from commercial sources each year since 2020, with notable growth every year. In 2023, government-sourced revenue regifted $1.222 billion compared to $1.002 billion for commercially-sourced revenue. The company’s government clients include the United States Intelligence Community and the United States Department of Defense (DoD). Palantir’s software as a service (SaaS) is one of only five that are authorized for the DoD’s Mission Critical National Security Systems. By revenue, the U.S. government is the company’s largest client, and with ever-growing defense spending as a fixture of the U.S. federal government’s budget, the relationship is ripe. Bottomline, government demand is still core to Palantir, and with modular sales, the company will pack a double punch of private and public Space Partnerships: On June 27, 2024, Palantir signed a strategic partnership with Voyager Space with the aim of leveraging its AI intelligence to drive innovation in space technology. According to its press release, Voyager will now fully integrate Palantir’s AI capabilities into its defense solutions, enhancing communications, military research and development, and bolstering intelligence and space research with the end goal of making space more accessible to the defense community. Voyager will be using Palantir’s Foundry platform. This marks the second strategic space partnership for the company, which also signed an agreement with Starlab Space on June 20, 2024. In this deal, Palantir became the exclusive supplier of enterprise-wide software data management solutions for the Starlab commercial space station — a planned low Earth orbit venture that is expected to launch no later than 2028 and is a joint venture between Starlab and Airbus. Palantir (PLTR) Stock Prediction in 2025 The current consensus average one-year price target for Palantir’s stock is $92.00, which represents upside potential of 26.59% from today’s share price. Of all the analysts covering PLTR, the stock is a consensus “Hold,” with 11 of 19 analysts providing a hold rating, four providing a buy rating and four providing a sell rating. 24/7 Wall Street’s 12-month forecast is more bullish, with a projection for Palantir’s stock price to be $120 with EPS coming in right at $0.43, based on strong CAGR growth in sales of government contracts, upwards of 26% annually, and having factored for $3.186 billion in forecast revenue. Palantir (PLTR) Stock Forecast Through 2030 Year Revenue* Net Income* EPS 2025 $3.467 $1.178 $0.47 2026 $4.198 $1.465 $0.56 2027 $5.203 $1.686 $0.71 2028 $6.185 $2.050 $0.87 2029 $7.300 $2.496 $1.06 2030 $8.482 $2.990 $1.27 *Revenue and net income in $billions Palantir Stocks Price Target for 2030 On the back of forecast revenue in excess of $8 billion, we expect Palantir’s net income to surpass $2 billion for the first time, and post an EPS of $1.27. We expect free cash flow to approach $6 billion by posting $5.895 billion. The price projection for 2030 is $125, an upside of 80.53% over today’s stock price. Year Price Target % Change From Current Price 2025 $120 65.13% 2026 $135 85.77% 2027 $157 116.04% 2028 $163 124.30% 2029 $178 144.94% 2030 $192 164.20% The post Palantir Technologies (PLTR) Price Prediction and Forecast 2025-2030 for April 7 appeared first on 24/7 Wall St..