What analysts think of the actions of palanting before income

Palantant Technologies (PLTR) should announce fourth quarter results after closing the market on Monday, analysts are largely skeptical about whether the actions of the analysis software provider can maintain its recent momentum.

None of the 13 analysts covering the action followed by Visible Alpha expects that the actions increase, with their consensual price target of $ 50 almost 40% below the record closure of the action at 82 , $ 49 Friday in the midst of certain concerns that it could be overvalued.

Palants’ actions increased by 1.6% on Friday and almost highlighted in the last 12 months when demand had jumped for the company’s artificial intelligence platform.

Wedbush analysts, who are more optimistic about the stock than those questioned by Visible Alpha, have recently increased their price target to $ 90, against $ 75, and said they thought that Palantir “has a way to become the Next Oracle or Salesforce in the coming years “, adding they believe that Wall Street underestimates the income potential of the Palantir artificial intelligence platform.

However, others like Jefferies, who maintained a “underperformante” note on Thursday and a price target of $ 28, suggested that the action is negotiated to a bonus as high as “any sign of deceleration growth could arouse concern ”.

Palantant should generate turnover in the fourth quarter of almost $ 775 million, up 27% in annual shift and a profit of $ 83.51 million, or 3 hundred per share, against 96.91 million Dollars, or 4 hundred per share, a year earlier. However, the after -adjustment profit should increase by 35% to 273.79 million dollars, or 11 cents per share. Wedbush projected Palantir could face a punctual impact on the meloge of $ 120 million in stock remuneration fees.

In the third quarter, Palantir had reported better than expected and increased its income directives for the last quarter of the year.