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

20.61USD-0.53 (-2.51%)Market Closed

Market Summary

USD20.61-0.53

Market Closed

-2.51%

PLTR Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)

PLTR Stock Price

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PLTR RSI Chart

PLTR Valuation

Market Cap

47.1B

Price/Earnings (Trailing)

157.69

Price/Sales (Trailing)

20.17

EV/EBITDA

127.88

Price/Free Cashflow

73.4

PLTR Price/Sales (Trailing)

PLTR Profitability

Operating Margin

81.16%

EBT Margin

14.01%

Return on Equity

7.73%

Return on Assets

6.21%

Free Cashflow Yield

1.36%

PLTR Fundamentals

PLTR Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

20.78%

Rev. Growth (Qtr)

4.27%

PLTR Earnings

Earnings (TTM)

298.6M

Earnings Growth (Yr)

528.08%

Earnings Growth (Qtr)

13%

Breaking Down PLTR Revenue

52 Week Range

9.0221.31

(Low)(High)

Last 7 days

-6.2%

Last 30 days

-7.3%

Last 90 days

-13.2%

Trailing 12 Months

112.8%

How does PLTR drawdown profile look like?

PLTR Financial Health

Current Ratio

5.91

PLTR Investor Care

Shares Dilution (1Y)

5.16%

Diluted EPS (TTM)

0.12

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
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

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Tracking the Latest Insider Buys and Sells of Palantir Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 10, 2024	thiel peter	sold	-103,920,000	20.784	-5,000,000	-
May 09, 2024	thiel peter	sold	-35,491,800	21.2601	-1,669,410	-
May 08, 2024	thiel peter	sold	-134,079,000	21.3303	-6,285,830	-
May 01, 2024	moore alexander d.	sold	-440,306	22.0153	-20,000	-
Apr 01, 2024	moore alexander d.	sold	-454,694	22.7347	-20,000	-
Apr 01, 2024	schiff alexandra w.	sold	-113,717	22.7434	-5,000	-
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	-

Which funds bought or sold PLTR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	Bell Investment Advisors, Inc	added	3.17	7,247	26,186	-%
May 08, 2024	AlphaStar Capital Management, LLC	sold off	-100	-357,634	-	-%
May 08, 2024	ELLERSON GROUP INC /ADV	reduced	-0.55	970,995	3,889,380	2.97%
May 08, 2024	Eagle Bay Advisors LLC	reduced	-58.71	-43,004	53,268	0.03%
May 08, 2024	INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC	unchanged	-	584	2,301	-%
May 08, 2024	Endowment Wealth Management, Inc.	reduced	-10.5	589,552	3,546,090	2.65%
May 08, 2024	Russell Investments Group, Ltd.	added	6.74	2,838,640	9,300,070	0.01%
May 08, 2024	TD Asset Management Inc	added	2.6	2,747,660	10,074,800	0.01%
May 08, 2024	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	unchanged	-	127,000	500,000	-%
May 08, 2024	MRP Capital Investments, LLC	new	-	666,140	666,140	0.67%

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

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
May 10, 2024	144	Notice of Insider Sale Intent
May 10, 2024	4	Insider Trading
May 09, 2024	144	Notice of Insider Sale Intent
May 08, 2024	144	Notice of Insider Sale Intent
May 07, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A

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	3.1T	236.6B	-3.28%	32.01%	35.56	12.95	13.97%	24.86%
ADBE	216.2B	19.9B	-2.05%	40.24%	45.04	10.85	10.76%	1.35%
CRWD	75.9B	3.1B	2.32%	137.65%	849.38	24.83	36.33%	148.75%
SQ	45.1B	22.9B	-8.48%	27.24%	90.57	1.97	23.28%	240.37%
AKAM	15.6B	3.9B	-4.62%	19.94%	24.93	4.02	7.01%	28.42%
FFIV	10.0B	2.8B	-12.76%	26.46%	20.11	3.6	0.20%	52.82%
MID-CAP
ALTR	7.1B	619.6M	0.54%	24.89%	738.63	11.42	7.11%	116.83%
HCP	6.3B	583.1M	21.51%	3.41%	-33.3	10.89	22.54%	30.49%
ACIW	3.8B	1.5B	6.89%	47.65%	26.11	2.58	6.51%	54.77%
APPN	2.3B	560.0M	-23.03%	-15.53%	-21.58	4.14	14.52%	34.67%
SMALL-CAP
CSGS	1.3B	1.2B	-12.82%	-12.13%	20.13	1.11	3.70%	18.24%
ATEN	1.2B	254.7M	13.22%	9.09%	25.23	4.53	-7.51%	2.74%
BAND	570.1M	634.3M	18.78%	89.93%	-19.53	0.9	9.43%	-197.31%
DTSS	18.8M	7.0M	-12.01%	-54.63%	-2.18	2.91	-55.73%	-45.27%
BLIN	13.4M	15.6M	-5.84%	38.71%	-1.35	0.86	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Revenue	4.3%	634,338	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	7.0%	116,256	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	3.7%	518,082	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	0.8%	437,201	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	-2.1%	193,177	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	0.7%	110,040	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	26.6%	0.16*	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*	-0.55*	-0.60*	-0.66*	-0.74*	-0.83*	-0.93*
Interest Expenses	-100.0%	-	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	-50.0%	4,655	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	4.2%	110,726	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	31.5%	0.14*	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*	-0.56*	-0.62*	-0.68*	-0.76*	-0.85*	-0.96*
Net Income	13.0%	105,530	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	35.6%	0.13*	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*	-0.58*	-0.63*	-0.70*	-0.78*	-0.87*	-0.97*
Free Cashflow	-57.2%	126,915	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	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	6.3%	4,807	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	7.2%	4,436	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	-35.1%	540	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	-1.8%	47.00	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	-1.6%	946	961	922	945	880	819	932	934	954	956	976	1,007	1,208	1,168	1,352	1,447
Current Liabilities	0.6%	751	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	11.1%	3,861	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	1.9%	-5,544	-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	2.2%	9,323	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	1.2%	2,227	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	0.6%	86.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	-57.0%	130	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	-5.2%	126	133	114	114	115	129	140	146	149	167	185	233	194	242	8.00	128	54.00	-	-	-
Cashflow From Investing	10.2%	-511	-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	46.9%	75.00	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	-	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	-	-	-

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PLTR Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 634,338	$ 525,186
Cost of revenue	116,256	107,645
Gross profit	518,082	417,541
Operating expenses:
Sales and marketing	193,177	187,093
Research and development	110,040	90,100
General and administrative	133,984	136,233
Total operating expenses	437,201	413,426
Income from operations	80,881	4,115
Interest income	43,352	20,853
Other income (expense), net	(13,507)	(4,136)
Income (loss) before provision for income taxes	110,726	20,832
Provision for income taxes	4,655	1,681
Net income (loss)	106,071	19,151
Less: Net income attributable to noncontrolling interests	541	2,349
Net income (loss) attributable to common stockholders	$ 105,530	$ 16,802
Net earnings per share attributable to common stockholders, basic (in dollars per share)	$ 0.05	$ 0.01
Net earnings per share attributable to common stockholders, diluted (in dollars per share)	$ 0.04	$ 0.01
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, basic (in shares)	2,213,545	2,107,780
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, diluted (in shares)	2,400,107	2,217,439

PLTR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 520,388	$ 831,047
Marketable securities	3,347,512	2,843,132
Accounts receivable, net	486,986	364,784
Prepaid expenses and other current assets	81,178	99,655
Total current assets	4,436,064	4,138,618
Property and equipment, net	46,906	47,758
Operating lease right-of-use assets	173,707	182,863
Other assets	150,402	153,186
Total assets	4,807,079	4,522,425
Current liabilities:
Accounts payable	35,634	12,122
Accrued liabilities	206,034	222,991
Deferred revenue	237,195	246,901
Customer deposits	217,634	209,828
Operating lease liabilities	54,056	54,176
Total current liabilities	750,553	746,018
Deferred revenue, noncurrent	20,722	28,047
Customer deposits, noncurrent	1,651	1,477
Operating lease liabilities, noncurrent	163,013	175,216
Other noncurrent liabilities	9,968	10,702
Total liabilities	945,907	961,460
Commitments and Contingencies (Note 7)
Stockholders’ equity:
Common stock	2,227	2,200
Additional paid-in capital	9,322,803	9,122,173
Accumulated other comprehensive income (loss), net	(5,720)	801
Accumulated deficit	(5,544,083)	(5,649,613)
Total stockholders’ equity	3,775,227	3,475,561
Noncontrolling interests	85,945	85,404
Total equity	3,861,172	3,560,965
Total liabilities and equity	$ 4,807,079	$ 4,522,425

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 Thu May 09 2024, market cap of Palantir Technologies Inc is 47.1 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 Thu May 09 2024, PLTR's PE ratio (Price to Earnings) is 157.76 and Price to Sales (PS) ratio is 20.18. 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.