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Median refers to the middle value, which means half of analysts think the stock will plunge more than 50% in the next year. In fact, even the highest price target of $75 per share implies 2% downside.
This explains why the company raised its 2024 revenue growth forecast and expects its top line to increase by 24% this year to $2.75 billion. ... See the 10 stocks » *Stock Advisor returns as of ...
Among AI's hottest stocks through 2024 are data analytics company Palantir Technologies (NASDAQ: PLTR) ... and price-to-free-cash-flow (P/FCF) multiples are trading relatively in line with 10-year ...
Palantir Technologies (NASDAQ: PLTR) has taken the market by storm in 2024. Share prices of the artificial intelligence (AI)-focused data fusion specialist are up 332% year-to-date through Dec. 19.
See the 10 stocks » *Stock Advisor returns as of September 9, 2024. Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies.
PLTR data by YCharts. Since joining the Nasdaq on Nov. 26, shares of Palantir have gained about 10% (as of market close Dec. 5). That's a pretty dramatic move in only seven trading days.