Is Palantir Stock a Buy in 2025 After Its 340% Gain in 2024? Wall Street Analysts Have a Surprising Answer
Palantir Technologies(PLTR) The Motley Fool·2025-01-18 16:30
Shareholders of Palantir Technologies (PLTR 3.65%) just had a fantastic year. The stock gained 340% in 2024, making it the best-performing component of the S&P 500 (^GSPC 1.00%). That may seem like a bullish signal, but the Wall Street analysts covering the data analytics company are surprisingly (and overwhelmingly) bearish on it.In fact, only six stocks in the S&P 500 have a higher percentage of sell ratings than Palantir, and the median price target of $39 per share implies a 45% downside from its curren ...