Palantir stock forecast: Mooning or Crashing?

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Palantir’s stock forecast has been a top headline in finance magazines due to its skyrocketing performance. Many influential investment figures, including Cathie Wood, buy Palantir stock. With some positive ups & downs trends, Palantir has become a hot choice among stock investors. 

Do you want to invest in Palantir stock but have some burning questions due to the volatile nature of other AI stocks? Are you searching to know whether Palantir become the next Microsoft? Or Will Palantir stock experience explosive growth? 

Stock investment needs comprehensive analysis & if you are looking for a guide to deciding on Palantir stock forecast, then you are in the right article.

You will find maximum answers to your questions in this thorough blog post. Let’s start with the following.

Finance Ideas AI snippet box | Tapos Kumar

Palantir isn’t solely a software company; it is becoming one of the key enablers of enterprise AI. Its lead platforms, Gotham (for government) and Foundry (for commercial clients), now integrate the AI Platform (AIP). This suite enables organisations to plug large language models directly into their data in a secure manner.

Palantir’s goal is clear: make AI deployment as simple as clicking a button. The company onboards new clients every quarter, particularly in the healthcare, defence, and energy sectors.

It doesn’t only sell “AI promises.” It helps companies actually use their data for real decisions, from predicting supply-chain bottlenecks to forecasting military logistics.

Key Highlights

• Palatir have active deployments of AIP with US and European defence agencies

• It has partnerships with Airbus, BP, and the NHS

• Expanding commercial contracts beyond 1,000 enterprises.

• Revenue growth from AI-linked services surpassing traditional analytics

Palantir Technologies? 

Palantir Technologies is a data analytics-based US software company founded in 2003. Palantir only went public on September 30, 2020, through a direct IPO (Initial Public Offering) listing on the New York Stock Exchange at $10 per share. Palantir is a thought of some business intellectuals, such as Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and current CEO Alex Karp. 

The prime objective of Palantir was to help the US government by giving security intelligence data. Its growth was slower due to heavy reliance on US government funding. 

This slow growth also indicates that Palantir needs external funding to hike share prices and expand company growth. 

Palantir stock options?

Palantir has two types (Call & put) of stock options that give shareholders a right to hold but not exchange at a stick price or sell before the expiration date. 

Call options 

It gives Palantir stockholders the right to purchase shares at the strike price.

Put options

It gives Palantir stockholders the right to sell shares at the strike price.

Palantir stock symbol?

Palantir IPO stock symbol is PLTR. Palantir share is traded on the New York Stock Exchange (NYSE) under this symbol. 

Palantir stock symbol

PLTR means a seeing stone derived from the trilogy of J.R.R. Tolkien’s The Lord of the Rings. Seeing stone also refers to a magical device that helps users to predict the future, like Lord of the Rings.

The financial advisor of Palantir Technology uses PLTR as a Palantir stock symbol to exchange shares between investors and traders.

Palantir earnings?

Palantir continuously shows a positive growth pattern & it is expected that its revenue will reach $2.22 billion in 2023 and $2.84 billion in 2024.  

The three tables below detail Palantir Technologies’ earnings. 

Financial metrics  Q3 2023($)   Full Year 2023 ($)  
Sales Revenue558 million2.216 to 2.220 billion
Net income72 millionN/A
Income from operations147 million607 to $611 million
Cash from operations490 millionN/A
Adjusted free cash flow502 millionN/A 
EPS0.03N/A
Adjusted EPS0.07N/A
Palantir earnings
Ratio nameRatio (%)
Return on equity2.72
Net margin6.93
Price / sales20.75
Price /book13.48
YTD change215.73
Palantir technologies ratio
Financial yearP/E Ratio
2019334
2020-33.8, drastically fall 
2021244.83
202213.48
2023 (Estimated)215.73
Palantir technologies price earnings ratio

Is Palantir a meme stock?

No. Palantir is not a meme stock. The stock of Palantir was heavily shorted in early 2021, and it was trendy on Reddit due to its price-volatile nature & targeting retail investors. Later, the management of Palantir Technologies took enough steps to distinguish it from meme stocks.

The table below will help you to understand the difference between Palantir & meme stocks.

Key factorsPalantir stockMeme stock
Main focusLong-term growthShort-term growth
ProfitabilityLong-termShort-term
TrendsStableUnstable
Depends on retail investmentNot completelyCompletely
Price gapModerateHigh
Innovation focushighlow
Team workDedicatedLess dedicated
Palantir vs meme stocks

Palantir share price target?

Palantir share price target is $ 16.03 on average. But, Palantir’s share price target could vary depending on individual analysis.   

Firm nameAnalystPrice Target ($)CountryLocationReporting Date for 2024
BarclaysBret Rollins5United Kingdom              LondonNovember 30, 2023
Goldman SachsDavid Kostin8United StatesNew York City, New YorkNovember 29, 2023
Toni SacconaghiBernstein Research10United StatesNew York City, New YorkNovember 28, 2023
Goldman SachsBrett Feldman11United StatesNew York City, New YorkNovember 27, 2023
Evercore ISIKen Creadick12United StatesNew York City, New YorkNovember 30, 2023
Guggenheim SecuritiesDavid Meager12United StatesNew York City, New YorkNovember 29, 2023
Bank of America Merrill LynchSamik Chopra13United StatesCharlotte, North CarolinaDecember 1, 2023
Morgan StanleyMatt Ranahan14United StatesNew York City, New YorkDecember 1, 2023
Bernstein ResearchBrad Zelnick14United StatesNew York City, New YorkNovember 27, 2023
CitigroupMichael Levine15United StatesNew York City, New YorkNovember 30, 2023
Credit SuisseMichael Ginac15SwitzerlandZürichNovember 29, 2023
JefferiesBrent Thill16United StatesNew York City, New YorkDecember 2, 2023
RBC Capital MarketsTimothy Long18CanadaToronto, OntarioDecember 1, 2023
Wells FargoAlex Stallard25United StatesSan Francisco, CaliforniaNovember 28, 2023
Palantir share price target 2024

Palantir stock forecast?

Current share price = $184.17. (based on article writing date)

12-Month prediction (to Nov 2026)

ScenarioConditionsPrice Range
BearGrowth slows, budget headwinds, multiple retreats$120-$150
BaseSteady ~30% growth, commercial & government traction$170-$220
BullStrong AI wins, rapid margin expansion, premium multiple$240-$300

Longer-Term Planning Bands

YearBear ScenarioBase ScenarioBull Scenario
2027$130-$170$200-$260$280-$360
2030$150-$220$250-$380$350-$500

What is driving these ranges?

  • Analysts currently show 12-month targets averaging around $187–$191.
  • Rising commercial AI revenues and government contract renewals support the upside cases.
  • Risks include slower contract wins, budget pressure (especially in the government sector), and valuation re-rating.

Bull Case = Why Palantir Could Moon?

Palantir is not an ordinary data analytics company; it is becoming one of the foundational players in applied AI. If the company continues landing high-value government and commercial AI contracts, the stock could climb sharply over the next few years.

What supports the bull case?

I have identified some favorable factors to support my bullish prediction. Let’s see them:

Strong AI momentum: AIP (AI Platform) adoption is accelerating across defense, healthcare, manufacturing, and energy.

High switching costs: Once onboarded, customers hardly leave because Palantir deeply integrates into mission-critical workflows.

Consistent profitability: Achieving multiple consecutive quarters of net income demonstrates operational discipline.

Commercial growth surge: Commercial revenue is rising faster than government revenue, which is reducing dependency risk.

Defense-grade trust: Few competitors can match Palantir’s security in sensitive environments.

If Palantir maintains 30–35% growth and expands AIP deployments, reaching the upper forecast range ($240–$300 in 12 months, and $350–$500 by 2030) becomes realistic.

Bear Case = Why It Could Crash?

Despite impressive momentum, Palantir still carries notable risks. Therefore, you should be aware of what could derail the stock.

What supports the bear case?

Premium valuation: Even after pullbacks, Palantir trades at a high multiple of sales and earnings. Any slowdown could trigger a re-rating.

Heavy reliance on government contracts: If budgets are tightened or projects are delayed, revenue may decline.

Stronger competition: Microsoft, Google, Snowflake, and AWS are quickly expanding enterprise AI offerings.

Execution risk: Palantir must demonstrate its ability to convert AI hype into long-term, profitable commercial growth.

Volatility: Historically, PLTR has been prone to significant swings in sentiment.

If growth falls below ~25% or AI deal flow cools, the stock could drop into the lower ranges ($120–$150 in 12 months).

Cathie wood on Palantir?

American investment queen Cathie Wood has a positive analysis of Palantir stock. Her research suggests that Palantir is a thematic & disruptive innovation. 

Let’s see why Cathie Wood bought Palantir stock & what her message is for stock investors.

In the data world, Business leaders depend entirely on data-driven decisions. Palantir analyzes large volumes of complex data to help governments and companies make strategic decisions. 

Cathie Wood believes that Palantir’s capability to analyze this data type is crucial to success in this business era. So, industry & people will adopt it gradually, a disruptive technology.

Palantir's growing customer solutions

Palantir technology provides intelligence analysis, fraud detection, and defence analysis and also enters new markets, such as finance, supply chain optimization and healthcare. 

Cathie wood on Palantir

Cathie Wood thinks such innovation reshapes the traditional data analysis approach, which falls under thematic & disruptive investment.

AI is becoming an inseparable part of our life. The adaptability of artificial intelligence is more comprehensive than in the US, instead of accepted globally. With AI, Palantir can give more sophisticated and predictive analytics. 

Cathie Wood consider Palantir a thematic investment because of its AI incorporation impact on the global economy & industry. 

Palantir operates under a team of experienced executives with proven track records, such as Alex Karp and Peter Thiel. Besides, Palantir has some talented engineers and data scientists committed to bringing innovation. 

According to Cathie Wood, megatrends could only secure investment with dedicated leaders & Palantir has some experienced executives. 

Therefore, Cathie Wood believe that Palantir has enough resources (human & non-human), acceptability, & overall positive growth pattern to be a profitable investment. So, this is a thematic & disruptive innovation.   

Will Palantir stock go up?

Yes, Palantir stock will go up. My analysis suggests that it could triple over 2025 & sequentially be a growth stock.

However, you have to understand that stock is a volatile investment & no one can predict exact growth. 

Palantir is a young company focusing on AI, health care, data mining, innovation, research and development, which are all trending now. This sector will help Palantir to grow faster than others.

If Palantir wants to dominate the stock market, it must have enough strategy to expand its adoptability. Otherwise, it could fall or become an average share.

For example, CrowdStrike, Splunk, Snowflake & most importantly, Microsoft are all competitors of Palantir. Can Palantir become Microsoft, or can they catch most of the market share?

Time will say how Palantir will defeat or compete with its competitors.  

Should I buy PLTR stock?

Yes, you should buy Palantir stock because Palantir is a thematic industry with growing demand, i.e., a combination of AI & data analytics.

Let’s understand it in detail.

  • Past innovation record

Palantir has a talent pool with dedicated leadership, which brings data analytics innovation from its initial stage. They have a strong track record of innovation & their products are used by government agencies, commercial clients, and even Fortune 500 companies. 

If Palantir takes enough steps to maintain its innovation record, it will be a profitable stock in the upcoming time. 

  • Pltr stock chart

Palantir stock chart indicates volatile price trends. Its maximum stock price reached $29.98 in November 2023, then declined to $18.40 (data collected from Palantir).

Pltr stock chart

Initially, the stock price was more volatile up to July, but after that, it reached $20, fell & again boomed to $17.50. This price is a mixed pattern but a positive price trend. 

Overall, the stock chart price graph suggests Palantir secure a large percentage of defence spending from the US government & also gets some commercial projects from outer sides. This chart also indicated that Palantir’s revenue growth could surge to 30% & EPS can reach 33% more than present.

If Palantir keeps this pace, it could be a promising stock for investors.

  • Adaptability

Palantir’s customer data shows a steady growth pattern over time. Palantir started with 337 customers at the end of September 30 2022 & with promising growth, it reached 453 customers. So, on average, Palantir’s adaptability increases by 8% yearly (data collected from Palantir.com).

palantir customers

Conversely, Palantir’s commercial customer maximum increases by 14% at the end of September 30 2022, then falls to 8% but keeps positive trends. 

Overall, Palantir customer adoption increase pattern indicates growing demand for Palantir’s products & services. That means Palantir stock has a strong possibility of boom.

But again, past performance doesn’t guarantee future investment returns. So, it will be profitable if Palantir keeps the customer adaptability pace.

  • Geopolitical risk

Geo-politics positively correlated with the stock market. A stable geopolitical situation increases the stock price, whereas political instability significantly reduces its cost. Geopolitical factors such as terrorist attacks, wars, government policy change & economic sanctions could impact the sector-wise industry.

For example, geopolitical instability will reduce the stock price of the travel and tourism industry, where defence stocks could boom. This boom is because the government will invest more in defence equipment, which means defence companies will get many government contacts that will ultimately help them grow. 

Let’s understand it from a mathematical scenario: Palantir’s current stock price (reporting date October 4, 2023) is $18.30. Due to recent political tension between the USA & China, the American government decided to spend more on military equipment.

Other details,

· Earnings Per Share (EPS) before the geopolitical tensions= $0.07

· P/E ratio of Palantir=215.73 (according to my article writing date)

· Palantir’s earnings increased by 50% due to heavy government investment & other acquisitions. 

So, new EPS= Old EPS× (1+Growth Rate)

                     = $0.07× (1+0.50)

                     =$0.07× 1.50

                     =$0.105

palantir EPS calculation

New stock price= New EPS× P/E ratio

                           =0.105×215.73

                           =22.65

palantir stock price calculation

In short, Palantir’s stock price will increase if any geo-political tension arises, whether internal or external. 

But another risk could reduce Palantir’s stock value, which is a similar type of industry growth. 

  • A similar type of industry threat

Let’s understand from the following scenario how a similar type of industry could be a threat to Palantir.

Palantir specialises in data mining & AI. If they get so many contacts, it will increase the share price, but if Palantir fails to balance the demand & supply curve according to bearable cost, other similar industry types can overgrow. This new industry could threaten Palantir if they offer similar products & services at a lower price.

Need more clarification, consider another scenario,

When ChatGPT came, instantly, people became crazy fans of it. Within a short time, they captured a huge market. Then, by merging with another giant, Microsoft ultimately challenged the Google market. Many experts predict that ChatGPT will replace Google Search & become the only king in the AI world.

Does ChatGPT with Microsoft replace Google? Or will it be in the future? No, & never. 

So, what is the crucial point?

· Palantir could not replace Microsoft, but it will be profitable like ChatGPT.

· If everything is fair with Palantir, then Palantir stock will be profitable.

  • Palantir vs Microsoft 

Our study find that Palantir could grow a maximum of 18% from 2024 to 2032. If Palantir evenly captures the market with this rate, its market revenue would be a maximum of $2.19 billion to $10.35 billion from 2024 to 2032.  

Palantir may have taken enough steps to grow through merger & acquisition. Also, imagine that Palantir got some big deals from the giant sector. 

Say, Palantir catches the market 200 times faster than its current level. Will Palantir be equal to Microsoft’s $2.80 trillion market cap?

Let’s do a simple math to understand it.

Present growth of Palantir =$10.35 billion 

After 200-time growth=$10.35×200

                                    =$2070 billion

                                    =$2.07 trillion 

Since $2.07<2.8 trillion, which suggests that after 200% growth, Palantir could not catch Microsoft. 

This growth doesn’t mean that Palantir will be a falling stock. Palantir could not beat Microsoft now, but it could be an equivalence stock like Microsoft in the future. 

In short, Palantir will be a medium-growth stock or, at maximum, closer to Microsoft. 

Finance Ideas TLDR | Tapos Kumar

Palantir is evolving from a defence-focused analytics firm into a global AI powerhouse. For investors, it represents both opportunity and risk; a high-growth stock where timing and patience are crucial.

If it can maintain double-digit growth and widen its commercial reach, PLTR could easily outperform broader tech indices by 2030. But if growth slows or competition catches up, the downside could be sharp.

My advice: keep Palantir on your watchlist, allocate modestly, and rebalance as the AI sector matures.

Tapos’s last thought

Palantir is undoubtedly an intelligent investment move. It captures some trending themes that are growing day by day. Palantir’s merger with AI & private sector acquisition helped to grow over time. 

But, if you are tired of seeing AI stock’s instant price climb & then suddenly fall, it could be a negative investment for you. However, Palantir could be a reward for those investors who are risk-tolerant. 

I hope you find your answer & this article gives you complete guidelines to analyse Palantir stock growth. 

Frequently Asked Questions (FAQ) about Palantir stock forecast? 

Is Palantir truly an AI company?

Yes. While Palantir began as a data analytics firm, its AIP (AI Platform) now places it at the heart of enterprise-level artificial intelligence deployment.

How does Palantir make money?

Palantir generates revenue through long-term contracts, providing data integration and AI-powered analytics to governments and enterprises.

Is Palantir profitable now?

Yes. Palantir turned profitable in 2023 and has remained profitable across subsequent quarters through 2025.

Who are Palantir’s biggest clients?

The US Department of Defence, NHS (UK), Airbus, BP, and major energy & manufacturing groups are the largest clients of Palantir.

What are the main risks of investing in Palantir?

The risks include high valuation, government dependency, competition from big tech, and uncertainties regarding AI regulation.

What is the future of Palantir stock (2025–2030)?

Analysts expect steady growth driven by AI adoption, with volatility likely due to its premium valuation.

Does Palantir pay dividends?

No, it reinvests profits into product development and AI research.

Is Palantir stock overvalued?

According to my study, Palatirir could be overvalued depending on growth expectations. Its valuation reflects optimism about AI dominance, something investors should weigh carefully.

Should I buy Palantir stock now?

It depends on your risk profile. Suppose you believe in long-term AI adoption and can tolerate volatility. In that case, then Palantir offers exposure to a unique segment of that growth.

Disclaimer

The information provided in this article is author’s view & only for educational purposes. Also, the intention of this article is not hurting stock analyst. This is not a sponsor post & not an investment advice. Do your research before making any important financial decision. Therefore, FinanceIdeas.org will not be liable for your financial loss.

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