PLTR - Palantir Technologies Inc Stock Price, Fair Value and News

22.51USD+0.80 (+3.68%)Delayed

Market Summary

USD22.51+0.80

Delayed

3.68%

PLTR Alerts

3 major insider sales recently.

PLTR Stock Price

View Fullscreen

PLTR RSI Chart

PLTR Valuation

Market Cap

49.5B

Price/Earnings (Trailing)

236.03

Price/Sales (Trailing)

22.26

EV/EBITDA

177.77

Price/Free Cashflow

71.05

PLTR Price/Sales (Trailing)

PLTR Profitability

Operating Margin

80.62%

EBT Margin

10.66%

Return on Equity

6.04%

Return on Assets

4.64%

Free Cashflow Yield

1.41%

PLTR Fundamentals

PLTR Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

19.61%

Rev. Growth (Qtr)

8.99%

PLTR Earnings

Earnings (TTM)

209.8M

Earnings Growth (Yr)

202.45%

Earnings Growth (Qtr)

30.61%

Breaking Down PLTR Revenue

Last 7 days

10.0%

Last 30 days

-8.2%

Last 90 days

37.7%

Trailing 12 Months

187.9%

How does PLTR drawdown profile look like?

PLTR Financial Health

Current Ratio

5.55

PLTR Investor Care

Shares Dilution (1Y)

4.81%

Diluted EPS (TTM)

0.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.0B	2.0B	2.1B	2.2B
2022	1.6B	1.7B	1.8B	1.9B
2021	1.2B	1.3B	1.4B	1.5B
2020	830.1M	917.6M	1.0B	1.1B
2019	0	0	669.0M	742.6M
2018	0	0	0	595.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Palantir Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	schiff alexandra w.	sold	-113,717	22.7434	-5,000	-
Apr 01, 2024	moore alexander d.	sold	-454,694	22.7347	-20,000	-
Mar 31, 2024	taylor ryan d.	acquired	-	-	173,838	see remarks
Mar 31, 2024	glazer david a.	acquired	-	-	173,838	see remarks
Mar 15, 2024	stat lauren elaina friedman	sold	-142,099	23.6832	-6,000	-
Mar 12, 2024	thiel peter	sold	-174,616,000	24.7867	-7,044,760	-
Mar 06, 2024	planishek heather a.	sold	-852,026	25.9542	-32,828	see remarks
Mar 01, 2024	moore alexander d.	sold	-499,234	24.9617	-20,000	-
Mar 01, 2024	schiff alexandra w.	sold	-124,548	24.9097	-5,000	-
Feb 22, 2024	sankar shyam	sold	-1,178,250	23.565	-50,000	see remarks

Which funds bought or sold PLTR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bear Mountain Capital, Inc.	unchanged	-	478	2,131	-%
Apr 25, 2024	GFS Advisors, LLC	added	15.65	920,000	2,593,000	0.43%
Apr 25, 2024	LECAP ASSET MANAGEMENT LTD	new	-	2,240,640	2,240,640	0.47%
Apr 25, 2024	KG&L Capital Management,LLC	added	69.65	273,296	487,904	0.19%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	reduced	-8.26	1,783,560	9,557,480	0.03%
Apr 25, 2024	Triumph Capital Management	new	-	946,706	946,706	0.39%
Apr 25, 2024	Lindbrook Capital, LLC	added	6.55	50,709	169,216	0.02%
Apr 25, 2024	Verdence Capital Advisors LLC	new	-	224,850	224,850	0.02%
Apr 25, 2024	Capital Investment Advisory Services, LLC	new	-	316,894	316,894	0.03%
Apr 25, 2024	Legacy Bridge, LLC	new	-	1,298,340	1,298,340	0.76%

Are Funds Buying or Selling PLTR?

Are funds buying PLTR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PLTR

No. of Funds

PLTR Alerts

3 major insider sales recently.

Unveiling Palantir Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	thiel peter	2.2%	46,899,108	SC 13G/A
Feb 13, 2024	vanguard group inc	9.37%	193,805,211	SC 13G/A
Jan 31, 2024	blackrock inc.	5.4%	112,522,477	SC 13G
Feb 14, 2023	thiel peter	0.0%	0	SC 13G/A
Feb 09, 2023	vanguard group inc	8.17%	161,635,065	SC 13G/A
Feb 15, 2022	karp alexander c.	3.3%	64,290,043	SC 13G/A
Feb 14, 2022	thiel peter	0.4%	7,594,364	SC 13G/A
Jan 31, 2022	sompo holdings, inc.	4.3%	81,626,881	SC 13G/A
Feb 16, 2021	thiel peter	0.3%	4,209,974	SC 13G
Feb 16, 2021	karp alexander c.	5.5%	85,958,719	SC 13G

Recent SEC filings of Palantir Technologies Inc

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 24, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Palantir Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	236.6B	-3.63%	33.23%	35.03	12.76	13.97%	24.86%
ADBE	213.9B	19.9B	-5.32%	28.58%	44.56	10.73	10.76%	1.35%
CRWD	72.6B	3.1B	-5.59%	141.36%	812.75	23.76	36.33%	148.75%
SQ	45.4B	21.9B	-10.45%	22.96%	6.6K	2.07	25.01%	101.26%
AKAM	15.4B	3.8B	-7.25%	24.42%	28.14	4.04	5.40%	4.57%
FFIV	10.7B	2.8B	-3.65%	37.78%	23.21	3.81	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-3.08%	20.53%	-754.94	11	7.07%	79.45%
HCP	6.3B	583.1M	20.70%	13.67%	-33.13	10.83	22.54%	30.49%
ACIW	3.5B	1.5B	2.37%	34.86%	29.17	2.44	2.16%	-14.54%
APPN	2.7B	545.4M	-4.16%	2.06%	-24.66	5.04	16.53%	26.16%
SMALL-CAP
CSGS	1.4B	1.2B	-4.77%	-7.98%	20.66	1.21	7.30%	93.18%
ATEN	1.0B	251.7M	-1.02%	-4.24%	25.24	4.01	-10.22%	-14.79%
BAND	461.5M	601.1M	-0.17%	46.86%	-28.24	0.77	4.88%	-183.51%
DTSS	20.8M	7.0M	1.99%	-47.50%	-2.42	2.91	-55.73%	-45.27%
BLIN	13.8M	15.6M	12.82%	48.31%	-1.38	0.88	-6.37%	-5256.07%

Palantir Technologies Inc News

Latest updates

Palantir Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Revenue	9.0%	608,350	558,159	533,317	525,186	508,624	477,880	473,010	446,357	432,867	392,146	375,642	341,234	322,091	289,366	251,889	229,327	209,934	190,541	-
Cost Of Revenue	0.7%	108,639	107,922	106,899	107,645	104,311	107,611	102,224	94,403	87,563	86,804	90,926	74,111	70,503	149,340	68,410	64,294	-	65,073	-
Gross Profit	11.0%	499,711	450,237	426,418	417,541	404,313	370,269	370,786	351,954	345,304	305,342	284,716	267,123	251,588	140,026	183,479	165,033	-	125,468	-
Operating Expenses	5.8%	433,917	410,254	416,344	413,426	422,139	432,460	412,531	391,393	404,247	397,283	430,864	381,137	408,160	987,803	282,624	235,218	-	269,608	-
S&GA Expenses	11.9%	197,363	176,373	184,163	187,093	190,233	182,918	168,875	160,485	162,593	153,443	162,379	136,097	147,619	334,911	102,518	98,653	-	119,666	-
R&D Expenses	3.4%	109,283	105,708	99,533	90,100	82,044	100,863	88,171	88,601	84,176	94,316	110,524	98,471	94,130	313,915	86,815	65,800	-	75,880	-
EBITDA Margin	26.7%	0.12*	0.10*	0.00*	-0.11*	-0.18*	-0.27*	-0.28*	-0.27*	-0.30*	-0.35*	-0.95*	-1.02*	-1.05*	-1.15*	-0.48*	-0.67*	-0.74*	-0.78*	-0.93*
Interest Expenses	-81.7%	136	742	1,317	1,275	1,712	1,082	670	594	601	609	590	1,840	1,814	2,085	5,646	4,594	-	173	-
Income Taxes	42.4%	9,301	6,530	2,200	1,700	4,354	1,096	2,600	2,023	33,027	1,438	-5,700	3,100	-7,614	-8,543	943	2,557	-	2,026	-
Earnings Before Taxes	32.9%	106,247	79,969	30,043	20,832	37,849	-122,779	-176,741	-99,356	-123,182	-100,699	-144,241	-120,372	-155,936	-861,862	-109,512	-51,717	-	-137,834	-
EBT Margin	34.2%	0.11*	0.08*	-0.02*	-0.12*	-0.19*	-0.29*	-0.29*	-0.28*	-0.32*	-0.36*	-0.97*	-1.04*	-1.08*	-1.18*	-0.50*	-0.69*	-0.76*	-0.81*	-0.96*
Net Income	30.6%	93,391	71,505	28,127	16,802	30,878	-123,875	-179,329	-101,379	-156,188	-102,137	-138,580	-123,474	-148,343	-853,319	-110,455	-54,274	-	-139,860	-
Net Income Margin	36.1%	0.09*	0.07*	-0.02*	-0.13*	-0.20*	-0.31*	-0.31*	-0.30*	-0.34*	-0.36*	-0.95*	-1.03*	-1.07*	-1.18*	-0.51*	-0.71*	-0.78*	-0.82*	-0.97*
Free Cashflow	124.7%	296,312	131,878	86,258	182,621	73,845	32,630	56,973	20,262	87,583	95,415	22,053	116,173	-23,049	-53,520	57,925	-290,200	332,684	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	7.8%	4,522	4,193	3,980	3,683	3,461	3,319	3,282	3,319	3,247	3,224	3,076	3,014	2,691	2,604	1,594
Current Assets	8.6%	4,139	3,809	3,577	3,256	3,042	2,947	2,902	2,927	2,863	2,811	2,663	2,590	2,257	2,394	1,214
Cash Equivalents	-20.1%	831	1,040	1,056	1,265	2,599	2,411	2,358	2,269	2,291	2,335	2,341	2,339	2,128	1,800	1,402
Net PPE	-4.7%	48.00	50.00	54.00	63.00	69.00	58.00	48.00	42.00	31.00	29.00	25.00	27.00	30.00	29.00	32.00
Liabilities	4.3%	961	922	945	880	819	932	934	954	956	976	1,007	1,208	1,168	1,352	1,447
Current Liabilities	8.3%	746	689	685	601	588	688	666	669	660	682	683	668	604	942	729
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	198	198	198	396
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	198	198	198	396
Shareholder's Equity	9.0%	3,476	3,190	3,035	2,803	2,565	2,387	2,349	2,365	2,291	2,248	2,069	1,806	1,523	1,252	-
Retained Earnings	1.6%	-5,649	-5,743	-5,814	-5,842	-5,859	-5,890	-5,766	-5,587	-5,485	-5,329	-5,227	-5,088	-4,965	-4,817	-3,798
Additional Paid-In Capital	2.1%	9,122	8,938	8,773	8,569	8,428	8,285	8,120	7,954	7,777	7,577	7,294	6,892	6,489	6,066	1,857
Shares Outstanding	1.1%	2,200	2,175	2,150	2,118	2,099	2,055	2,055	2,036	1,924	1,894	1,895	1,821	978	905	577
Minority Interest	4.3%	85.00	82.00	80.00	79.00	77.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	29,300	-	-	-	16,600	-	-	-	45,400	-	-	13,300	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																			(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	125.7%	301	133	90.00	187	79.00	47.00	62.00	35.00	93.00	101	23.00	117	-18.29	-51.99	61.00	-287	-	-	-
Share Based Compensation	15.9%	133	114	114	115	129	140	146	149	167	185	233	194	242	8.00	128	54.00	-	-	-
Cashflow From Investing	-190.0%	-569	-196	-391	-1,554	73.00	-27.34	5.00	-96.47	-181	-214	-0.70	-0.71	-4.94	-4.28	-2.68	-3.02	-	-	-
Cashflow From Financing	0.6%	51.00	51.00	91.00	26.00	14.00	24.00	21.00	27.00	32.00	99.00	-31.41	206	219	350	465	2.00	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	-	-	-

PLTR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 2,225,012	$ 1,905,871	$ 1,541,889
Cost of revenue	431,105	408,549	339,404
Gross profit	1,793,907	1,497,322	1,202,485
Operating expenses:
Sales and marketing	744,992	702,511	614,512
Research and development	404,624	359,679	387,487
General and administrative	524,325	596,333	611,532
Total operating expenses	1,673,941	1,658,523	1,613,531
Income (loss) from operations	119,966	(161,201)	(411,046)
Interest income	132,572	20,309	1,607
Interest expense	(3,470)	(4,058)	(3,640)
Other income (expense), net	(11,977)	(216,077)	(75,415)
Income (loss) before provision for income taxes	237,091	(361,027)	(488,494)
Provision for income taxes	19,716	10,067	31,885
Net income (loss)	217,375	(371,094)	(520,379)
Less: Net income attributable to noncontrolling interests	7,550	2,611	0
Net income (loss) attributable to common stockholders	$ 209,825	$ (373,705)	$ (520,379)
Net earnings (loss) per share attributable to common stockholders, basic (in dollars per share)	$ 0.10	$ (0.18)	$ (0.27)
Net earnings (loss) per share attributable to common stockholders, diluted (in dollars per share)	$ 0.09	$ (0.18)	$ (0.27)
Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, basic (in shares)	2,147,446	2,063,793	1,923,617
Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, diluted (in shares)	2,297,927	2,063,793	1,923,617

PLTR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 831,047	$ 2,598,540
Marketable securities	2,843,132	35,135
Accounts receivable, net	364,784	258,346
Prepaid expenses and other current assets	99,655	149,556
Total current assets	4,138,618	3,041,577
Property and equipment, net	47,758	69,170
Operating lease right-of-use assets	182,863	200,240
Other assets	153,186	150,252
Total assets	4,522,425	3,461,239
Current liabilities:
Accounts payable	12,122	44,788
Accrued liabilities	222,991	172,715
Deferred revenue	246,901	183,350
Customer deposits	209,828	141,989
Operating lease liabilities	54,176	45,099
Total current liabilities	746,018	587,941
Deferred revenue, noncurrent	28,047	9,965
Customer deposits, noncurrent	1,477	3,936
Operating lease liabilities, noncurrent	175,216	204,305
Other noncurrent liabilities	10,702	12,655
Total liabilities	961,460	818,802
Commitments and Contingencies (Note 8)
Stockholders’ equity:
Common stock	2,200	2,099
Additional paid-in capital	9,122,173	8,427,998
Accumulated other comprehensive income (loss), net	801	(5,333)
Accumulated deficit	(5,649,613)	(5,859,438)
Total stockholders’ equity	3,475,561	2,565,326
Noncontrolling interests	85,404	77,111
Total equity	3,560,965	2,642,437
Total liabilities and equity	$ 4,522,425	$ 3,461,239

About Palantir Technologies Inc

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform which 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. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.

CEO	Dr. Alexander C. Karp
WEBSITE	palantir.com
INDUSTRY	Software - Infra
EMPLOYEES	3734

Palantir Technologies Inc Frequently Asked Questions

What is the ticker symbol for Palantir Technologies Inc? What does PLTR stand for in stocks?

PLTR is the stock ticker symbol of Palantir Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Palantir Technologies Inc (PLTR)?

As of Fri Apr 26 2024, market cap of Palantir Technologies Inc is 49.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PLTR stock?

You can check PLTR's fair value in chart for subscribers.

What is the fair value of PLTR stock?

You can check PLTR's fair value in chart for subscribers. The fair value of Palantir Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Palantir Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PLTR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Palantir Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether PLTR is over valued or under valued. Whether Palantir Technologies Inc is cheap or expensive depends on the assumptions which impact Palantir Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PLTR.

What is Palantir Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, PLTR's PE ratio (Price to Earnings) is 236.03 and Price to Sales (PS) ratio is 22.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PLTR PE ratio will change depending on the future growth rate expectations of investors.