Shares of Palantir Technologies (NYSE: PLTR) closed 2.5% higher at $20.98 on Monday, ending a six-day losing streak. Despite the recent dip, the data analytics company has surged 141% in the last 12 months, outperforming the broader S&P 500 Index, which has gained 20%.
Seeking Alpha’s Quant Ratings give PLTR a Hold rating with a score of 3.47 out of 5. The company received strong scores for momentum (A+), growth (A), profitability (A-), and revisions (A-). However, its valuation received a D- rating.
Out of 19 Wall Street analysts, five recommend the stock as a Buy or higher, six give it a Hold rating, and eight rate it as a Sell or lower. Seeking Alpha analysts generally consider the stock a Buy.
Analyst Oliver Rodzianko said, “Palantir Technologies Inc. combines long-term success potential with critical U.S. defense work, offering revenue stability but risks in global conflicts.”
April has been a challenging month for PLTR, with only three green sessions out of 15 trading days.
