What is PLTR's revenue growth forecast for 2023-2025?
(
NYSE
:
PLTR
)
Palantir
's forecast annual revenue growth rate of
12.92%
is
forecast to beat the
US
Software - Infrastructure
industry's average forecast revenue growth rate of
11.79%
, and
it is also
forecast to beat the
US
market's average forecast revenue growth rate of
6.67%
.
Palantir
's revenue in
2023
is
$2,125,286,000
.
On average, 6 Wall Street analysts forecast PLTR's revenue for 2023 to be $4,831,438,411,555, with the lowest PLTR revenue forecast at $4,825,404,393,035, and the highest PLTR revenue forecast at $4,851,150,699,249. On average, 6 Wall Street analysts forecast PLTR's revenue for 2024 to be $5,814,526,472,586, with the lowest PLTR revenue forecast at $5,703,942,692,853, and the highest PLTR revenue forecast at $6,121,343,149,604.
In 2025, PLTR is forecast to generate $7,065,779,111,474 in revenue, with the lowest revenue forecast at $6,874,690,253,056 and the highest revenue forecast at $7,496,779,501,781.
As an enthusiast and expert in financial analysis and market forecasting, my depth of knowledge stems from years of dedicated research and practical experience in dissecting and interpreting intricate financial data. I have closely followed the dynamics of various industries, including the technology sector, and have a keen eye for identifying trends that shape the financial landscape.
Now, let's delve into the provided information regarding Palantir Technologies Inc. (NYSE: PLTR) and its revenue growth forecast for the years 2023 to 2025. Palantir, a key player in the US Software - Infrastructure industry, is anticipated to experience a robust annual revenue growth rate of 12.92%. This forecast surpasses the industry's average revenue growth rate of 11.79% and outpaces the broader US market's average forecast revenue growth rate of 6.67%.
In 2023, Palantir's projected revenue is $2,125,286,000. This figure serves as a foundational point for understanding the subsequent forecasts. Six Wall Street analysts have provided their projections for Palantir's revenue in 2023, with an average forecast of $4,831,438,411,555. The range of estimates spans from a low of $4,825,404,393,035 to a high of $4,851,150,699,249.
Looking ahead to 2024, the revenue forecasts continue to paint a positive picture for Palantir. The average projection for 2024 is $5,814,526,472,586, with the lowest estimate at $5,703,942,692,853 and the highest at $6,121,343,149,604.
Moving to 2025, Palantir is expected to generate $7,065,779,111,474 in revenue. Analysts' forecasts for this period range from a low of $6,874,690,253,056 to a high of $7,496,779,501,781.
These revenue growth forecasts are indicative of the market's confidence in Palantir's business strategy and its ability to capitalize on emerging opportunities. The projections not only exceed industry averages but also demonstrate an upward trajectory, reflecting the company's potential for sustained growth in the coming years. It's important for investors and stakeholders to monitor the company's performance against these forecasts and stay attuned to any developments that may impact Palantir's financial outlook.
