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Palantir Technologies (PLTR)
NYSE:PLTR
Palantir Technologies (PLTR) Stock Price & Analysis
33,355 Followers
PLTR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.68 - $29.83
Previous Close$28.58
Volume49.58M
Average Volume (3M)44.89M
Market Cap
$63.65B
Enterprise Value$60.08B
Total Cash (Recent Filing)$3.87B
Total Debt (Recent Filing)$217.07M
Price to Earnings (P/E)225.6
Beta1.97
Next Earnings
Aug 05, 2024EPS Estimate
$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.13
Shares Outstanding2,226,896,439
10 Day Avg. Volume43,347,789
30 Day Avg. Volume44,888,026
Standard Deviation0.34
R-Squared0.16
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)15.28
Price to Sales (P/S)22.83
Price to Cash Flow (P/CF)44.10
P/FCF Ratio44.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue25.74
Enterprise Value/Gross Profit33.49
Enterprise Value/Ebitda275.03
Forecast
1Y Price Target
$22.42Price Target Upside-21.55% Downside
Rating ConsensusHold
Number of Analyst Covering14
Palantir Technologies News
Bulls Say, Bears Say
Bulls Say
Demand And Market PositionPalantir has been generating significant demand across both commercial and government organizations with more customers seeing their AI strategies accelerate outside of chat to improve efficiencies and witness operational benefits with PLTR technologies.
Growth StrategyOver 1,300 bootcamps have been completed including over 500 over the past three months alone, which has been a pillar in the company’s growth strategy as these bootcamps point directly to where users can implement this technology and see tangible value in real-time.
Stock PerformanceThe stock has performed quite well vs. its peer group (up ~64% YTD vs. software up ~15% YTD), indicating that PLTR is well-positioned to continue capitalizing on this $1 trillion AI spending wave.
Bears Say
Competitive BenchmarkingPalantir is trading at a higher market capitalization compared with Snowflake, even though Snowflake has greater revenue and is growing faster in the same data analytics end-market.
Government ContractsRevenue recognition from government-related contracts has proven lumpy, execution spotty.
ValuationPalantir's valuation has now reached a gluttonous extreme.
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Ownership Overview
2.31% Insiders
12.42% Mutual Funds
14.81% Other Institutional Investors
70.46% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLTR FAQ
What was Palantir Technologies’s price range in the past 12 months?
Palantir Technologies lowest stock price was $13.68 and its highest was $29.83 in the past 12 months.
What is Palantir Technologies’s market cap?
Currently, no data Available
When is Palantir Technologies’s upcoming earnings report date?
Palantir Technologies’s upcoming earnings report date is Aug 05, 2024 which is in 14 days.
How were Palantir Technologies’s earnings last quarter?
Palantir Technologies released its earnings results on May 06, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.077 by $0.003.
Is Palantir Technologies overvalued?
According to Wall Street analysts Palantir Technologies’s price is currently Overvalued.
Does Palantir Technologies pay dividends?
Palantir Technologies does not currently pay dividends.
What is Palantir Technologies’s EPS estimate?
Palantir Technologies’s EPS estimate is $0.08.
How many shares outstanding does Palantir Technologies have?
Palantir Technologies has 2,130,337,400 shares outstanding.
What happened to Palantir Technologies’s price movement after its last earnings report?
Palantir Technologies reported an EPS of $0.08 in its last earnings report, beating expectations of $0.077. Following the earnings report the stock price went down -15.113%.
Which hedge fund is a major shareholder of Palantir Technologies?
Among the largest hedge funds holding Palantir Technologies’s share is ARK Investment Management LLC. It holds Palantir Technologies’s shares valued at 293M.
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Palantir Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$22.42 (-21.55% Downside)
$22.42 (-21.55% Downside)
Blogger Sentiment
Bullish
PLTR Sentiment 86%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 5.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 13%
Bearish news 13%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.33%
12-Months-Change
Fundamentals
Return on Equity
9.19%
Trailing 12-Months
Asset Growth
30.52%
Trailing 12-Months
Company Description
Palantir Technologies
Founded in 2003 and headquartered in Colorado, Palantir Technologies Inc. is a software company that specializes in big data analytics. The company serves public institutions, private enterprises, and non-profit sector.
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PLTR Company Deck
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PLTR Earnings Call
Q1 2024
0:00 / 0:00
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PLTR Revenue Breakdown
54.93% Government
45.07% Commercial
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PLTR Stock 12 Month Forecast
Average Price Target
$22.42
▼(-21.55% Downside)
Technical Analysis
Best Analysts Covering PLTR
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+74.30%
reiterated a buy rating 24 days ago
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