Palantir Technologies Inc. (PLTR) is a software company valued at $399.2 billion, specializing in data integration, analytics, and artificial intelligence platforms. Shares have soared 122.3% over the past year, but are down 5.7% YTD. PLTR recently rose 2.2% after landing a deal with Hyundai and announcing a collaboration in Europe, the Middle East, and Africa.

Analysts predict PLTR’s EPS to grow 562.5% year over year to $0.53. Among 24 analysts, the consensus rating is “Hold,” with eight “Strong Buy” and 12 “Hold” ratings. Recent configuration is less bearish, with four analysts suggesting a “Strong Buy” rating. Phillip Securities initiated coverage with a “Buy” rating and $208 price target on Jan. 22.

The mean price target of $201.52 represents a 19.6% premium, while the Street-high price target of $255 suggests a 51.3% potential upside from current levels. Analysts are optimistic about Palantir Technologies Inc.’s future prospects, with positive ratings and price targets indicating a potential for growth in the stock.

Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Palantir Technologies Stock?