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A Piper Sandler analyst cut his rating on the stock. A price cut from rival Impossible Foods also weighed on the shares.
Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
We surveyed a group of over Benzinga investors on whether shares of Palantir NYSE: PLTR or Snowflake NYSE: SNOW stock would grow the most by Palantir Vs.
Snowflake Stock Palantir builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.
The company is known for Palantir Gotham, a software platform for government operatives in the defense and intelligence sectors.
Palantir Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.
The company also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data.
Foundry also allows individual users to integrate and analyze the data they need in one place. See Also: Best IPOs In one of the year's most anticipated IPOs, Palantir went public in September via a direct listing.
Snowflake is a software company that provides data cloud platforms for customers in data engineering, data lake, data warehousing, data science, data applications, and data sharing.
The company also provides solutions for data silos and data governance. In its first earnings report as a public company on Dec. Survey SaysFifty-five percent of participants said shares of Palantir will grow more by Many respondents to our study expressed confidence that CEO Alex Karp will lead Palantir to win several more data software contracts with the government and private-sector firms throughout , something the company had great momentum with going into the end of Kicking off on the right note, on Jan.
As a measuring stick for investors, it can be said much of Palantir's growth will be tied to garnering more contracts like the aforementioned examples.
This survey was conducted by Benzinga in January and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents.
The study reflects results from over adults. C Benzinga. With a Democratic Senate raising stimulus and infrastructure hopes, adding to a turnaround as the Boeing Max flies again, is GE stock a buy now?
Dow 30 30, What are the odds? Certainly, anyone would be happy to score a single multimillion-dollar slot jackpot. But not everyone is Elmer Sherwin.
It was a sign of even better things to come. His plans were altruistic unlike ours. The church, which had been holding services in a high school gym, can now have its own location built.
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