Prediction: Palantir Stock Could Hit $100 By Year-End (but There's a Catch) [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Artificial intelligence (AI) once again dominated investment themes during 2024. While 2023 was all about the "Magnificent Seven" stocks such as Nvidia Microsoft Apple Amazon Alphabet Tesla , and Meta Platforms , 2024 was influenced even more by a few new players that are vying for equal status as big tech names. In my eyes, no other upstart tech company has garnered anywhere near the attention that enterprise software platform Palantir Technologies (NASDAQ: PLTR) is getting this year. As of this writing, Palantir stock has gained 380% so far in 2024 -- making it the highest-performing stock in the S&P 500 by far. Right now, shares of Palantir trade around $82. Below, I'm going to break down Palantir's meteoric rise and explain how the stock could very well continue climbing higher, perhaps even hitting $100 a share by the end of the year. But more important than the short-term potential of this stock, I'll outline if now is the best time to invest in Palantir for the long term.
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Trump Asks US Supreme Court To Pause Law Threatening TikTok Ban [Barron's]Barrons
- 2024’s Major Social Media Updates And Why 2025 Could Change Everything [Forbes]Forbes
- Post passes satire about Trump, Greenland as real | Fact check [USA TODAY]USA TODAY
- Analyst Says Meta Platforms (META) Is Cheap [Yahoo! Finance]Yahoo! Finance
- OpenAI lays out its for-profit transition plans [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/30/24 - Beat
META
Sec Filings
- 12/27/24 - Form 144
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- META's page on the SEC website