Is Palantir Stock a Buy in 2025 After Its 340% Gain in 2024? Wall Street Analysts Have a Surprising Answer

Shareholders of Palantir Technologies (NASDAQ: PLTR) just had a fantastic year. The stock gained 340% in 2024, making it the best-performing component of the S&P 500 (SNPINDEX: ^GSPC). 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 current price of $71. Note that median refers to the middle value, not the average value. So half of the analysts following Palantir expect the stock to fall by more than 45% in the next 12 months.What makes that especially surprising is that Palantir has already fallen by 16% from its record high in recent weeks. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool