Core Viewpoint - Palantir Technologies Inc. has experienced a significant stock sell-off at the start of the new year, losing 3.80% over the last five trading sessions, but remains up 146.92% over the past year and has gained 1,758.37% since its IPO in October 2020 [1] Financial Performance - In Q3 2025, Palantir reported earnings that exceeded estimates, with an EPS of 21 cents compared to the expected 17 cents, and revenue of $1.18 billion versus the expected $1.09 billion [2] - The company's revenue and net income from 2020 to 2024 show explosive growth in revenue, reaching $2.87 billion in 2024, while net income has fluctuated, with a notable increase from 2023 to 2024 [7][8] - The projected revenue for 2026 is $4.198 billion, with net income expected to be $1.465 billion and EPS at $0.56 [15] Market Position and Growth Drivers - The Big Data market is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028, an increase of 82.2%, positioning Palantir as a major player in this expanding market [4] - Palantir's government revenue has consistently outperformed commercial revenue, with government-sourced revenue at $1.222 billion in 2023 compared to $1.002 billion from commercial sources [11] - The company has secured significant contracts, including a £1.5 billion partnership with the U.K. government and a $10 billion contract with the U.S. Army, indicating strong demand for its services [3] Stock Predictions - Wall Street analysts have set a median one-year price target for Palantir's stock at $192.88, representing a potential upside of 12.81% from the current price [13] - The year-end 2026 forecast for Palantir's stock price is $202.50, with an expected EPS of 56 cents, based on strong growth in government contracts [14] - Projections for 2030 indicate a stock price of $288.00, reflecting a potential upside of 68.45% from the current price, with expected revenue exceeding $8 billion and net income surpassing $2 billion for the first time [16][17]
Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2026-2030 for January 19