The post 1-year price targets for Palantir stock appeared on BitcoinEthereumNews.com.

Despite failing to confirm that all the seeing stones are accounted for and that, indeed, none of them are in Sauron’s possession, the intelligence community-founded big data analysis company Palantir (NYSE: PLTR) has been performing exceptionally well since its initial public offering (IPO) in 2020. The all-time chart for PLTR demonstrates that the firm has, over the course of the four years, grown 128.37% in the stock market. This year, the stock’s performance has also been strong and, on the way to $21.01 – Palantir’s price today – it rose 26.72%. PLTR stock all-time price chart. Source: Google Still, as is ever the case, the question of whether the company can continue with its strong performance remains open. In its quest to find answers about PLTR’s likely future performance, Finbold found that there is no need to choose between a bow and a musket and consulted both expert price targets and the analysis of OpenAI’s most advanced artificial intelligence (AI) platform – ChatGPT-4o. Wall Street vs. ChatGPT; the average 12-month PT for PLTR stock On average, as it turned out, analysts are very cautious about Palantir’s performance in the coming 52 weeks. Data retrieved on May 27 from TradingView indicates that PLTR is generally considered a ‘hold’ with a relatively even spread between ‘buy’ and ‘sell’ ratings.  Palantir also boats a highly conservative average price target of $21.23 – a mere 1.07% above the press time price. PLTR analyst ratings and forecasts. Source: TradingView ChatGPT, on the other hand, seemingly walks in line with the most bullish analysts as it considers that the most likely outcome of the coming 12 months of trading for PLTR is a rise to between $30 and $35. ChatGPT provides its main price target for PLTR. Source: Finbold and ChatGPT While it also took notice…

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Filed under: News - @ May 27, 2024 3:24 pm