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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
Advisor to FBI: Sell META now (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
Advisor to FBI: Sell META now (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
Advisor to FBI: Sell META now (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
Followed 207 TimesTop FollowedLowest-Rated StocksLowest-Rated
NYSE:PLTR

Palantir Technologies (PLTR) Stock Forecast, Price & News

$14.13
+0.13 (+0.93%)
(As of 09/22/2023 ET)
Compare
Today's Range
$14.03
▼
$14.42
50-Day Range
$14.00
▼
$19.99
52-Week Range
$5.84
▼
$20.24
Volume
47.71 million shs
Average Volume
45.98 million shs
Market Capitalization
$30.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.25
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Palantir Technologies MarketRank™ Forecast

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
6.2% Downside
$13.25 Price Target
Short Interest
Bearish
7.23% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.86mentions of Palantir Technologies in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$49.32 M Sold Last Quarter
Proj. Earnings Growth
57.14%
From $0.07 to $0.11 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Business Services Sector

227th out of 310 stocks

Prepackaged Software Industry

161st out of 204 stocks

See Top Rated MarketRank™ Stocks Here

PLTR stock logo

About Palantir Technologies (NYSE:PLTR) Stock

Palantir Technologies Inc. is an SaaS company focused on AI and big data analytics. It was founded in 2003 in Denver, Co by well-known investors Peter Thiel and Stephen Cohen among others. The company’s goal is to augment human intelligence with data-gathering and analytic tools that can change the world for the better. As of 2022, Stephen Cohen, co-founder Alexander Karp, and Peter Thiel were president, CEO, and Chairman respectively.

Originally intended as a tool for the Federal Government, the company has since expanded to serve state and local governments as well as private corporations. The company’s name is based on J.R.R. Tolkien's Lord of the Rings trilogy. The palanteri are indestructible crystal globes used for seeing across great distances.

Today the company builds and deploys solutions for its clients based on three primary offerings. These are Palantir Gotham, Palantir Apollo, Palantir Foundry, and Palantir Metropolis. The goal is to generate alpha, or a competitive advantage, for its clients so they can succeed in a rapidly changing environment.

The company’s core offering is Palantir Gotham. Palantir Gotham was originally intended for the US intelligence community as a counter-terrorism tool but it has since been deployed by state and local governments as well as private enterprises as a global decision-making tool. Users are able to aggregate data from hundreds of inputs and funnel them into a single view for rapid decision-making and execution. The tool, which looks for and analyzes hidden patterns in deep data sets, has been used for “predictive policing” and has drawn some criticism because of it.

Palantir Apollo is an operating system designed to give continuous delivery and deployment of safe, secure Internet access across all operating environments. The system is 1 of 5 recognized by the Department of Defense as a Mission Critical National Security System and used by businesses and organizations for autonomous software deployment. Among its advantages, the system can speed up the development of new software by as much as 50% simply by securing access to sensitive information and networks.

 

PLTR Price History

PLTR Stock News Headlines

September 18, 2023 | marketbeat.com
2 Recession-Proof Intelligence Stocks to Defend Your Portfolio
Three industries have historically proven recession-proof: government, education and healthcare. People still need education and healthcare during the good an
September 5, 2023 | marketbeat.com
Can Palantir Really Monetize Lucrative AI Opportunities?
Palantir, hailed as an AI frontrunner, has seen its stock price slip as AI hype wanes. Despite strong Q2 earnings, Palantir was downgraded by Morgan Stanley.
September 24, 2023 | Stansberry Research (Ad)
Are "The Magnificent Seven" the Next Sears?
The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
August 29, 2023 | marketbeat.com
8 Best Meme Stocks to Buy Now (PLTR)
Meme stocks took the investing world by storm in 2021, but is it still beneficial to invest meme stocks now? Learn about the best meme stocks to buy now.
September 23, 2023 | msn.com
Is Palantir Still Working With Starlink Despite Elon Musk's Pro-Putin Stance? Here's What Alex Karp Says.
September 23, 2023 | finance.yahoo.com
These 2 Growth Stocks Are Down More Than 20%, but Billionaires Are Buying Them Hand Over Fist
September 22, 2023 | msn.com
Palantir: Time To Get Out Again (Rating Downgrade)
September 22, 2023 | msn.com
Palantir’s CEO has this message for skeptics and believers alike
September 24, 2023 | Stansberry Research (Ad)
Are "The Magnificent Seven" the Next Sears?
The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
September 22, 2023 | finance.yahoo.com
Is It Time to Move On From C3.ai Stock?
September 21, 2023 | seekingalpha.com
Palantir: Potential AI Trade Of The Decade
September 21, 2023 | finance.yahoo.com
CAZ Investments Selects Palantir for its Artificial Intelligence Platform (AIP)
September 20, 2023 | seekingalpha.com
Palantir: Profitability Poised To Explode
September 20, 2023 | msn.com
Palantir's AI vision paving way for success, Wall Street says
September 19, 2023 | msn.com
Palantir On Track To Garner Meaningful Share Of $1 Trillion Global AI Market, Analyst Says After AIP Conference
September 19, 2023 | msn.com
Palantir's AI vision paving way for success, Wedbush says
September 19, 2023 | finance.yahoo.com
Palantir: Dan Ives Is Impressed, and So Am I
September 19, 2023 | americanbankingnews.com
Palantir Technologies (NYSE:PLTR) Given Outperform Rating at Wedbush
September 18, 2023 | seekingalpha.com
Palantir: Buybacks And Billings Acceleration Power Upside Potential
September 18, 2023 | nasdaq.com
Why Palantir (PLTR) Stock Belongs In Your Portfolio
September 17, 2023 | finance.yahoo.com
3 Reasons to Buy Palantir, and 3 Reasons to Sell
September 17, 2023 | americanbankingnews.com
HSBC Begins Coverage on Palantir Technologies (NYSE:PLTR)
September 15, 2023 | msn.com
HSBC Initiates Coverage of Palantir Technologies Inc - (PLTR) with Hold Recommendation
September 15, 2023 | markets.businessinsider.com
11 Analysts Have This to Say About Palantir Technologies
September 15, 2023 | finance.yahoo.com
Insider Sell: Director Stat Lauren Elaina Friedman Sells 3,595 Shares of Palantir Technologies Inc
September 15, 2023 | seekingalpha.com
Palantir: What Are You Waiting For?
September 15, 2023 | finance.yahoo.com
2 Exceptional Growth Stocks Billionaires Are Buying Hand Over Fist
See More Headlines
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PLTR Company Calendar

Last Earnings
8/07/2023
Today
9/24/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Prepackaged software
Sub-Industry
N/A
Sector
Business Services
Current Symbol
NYSE:PLTR
CUSIP
N/A
CIK
1321655
Web
www.palantir.com
Phone
720-358-3679
Fax
N/A
Employees
3,838
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$13.25
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
-6.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
15 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.03)
Trailing P/E Ratio
N/A
Forward P/E Ratio
201.86
P/E Growth
3.55
Net Income
$-373,700,000.00
Net Margins
-2.35%
Pretax Margin
-1.67%
Return on Equity
-4.37%
Return on Assets
-3.29%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
5.22
Quick Ratio
5.22

Sales & Book Value

Annual Sales
$1.91 billion
Price / Sales
15.95
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.26 per share
Price / Book
11.21

Miscellaneous

Outstanding Shares
2,151,820,000
Free Float
1,851,430,000
Market Cap
$30.41 billion
Optionable
Not Optionable
Beta
2.80

Social Links

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Key Executives

  • Mr. Peter Andreas Thiel (Age 56)
    Co-Founder & Chairman
  • Dr. Alexander C. KarpDr. Alexander C. Karp (Age 56)
    Co-Founder, CEO & Director
    Comp: $5.49M
  • Mr. Stephen Andrew CohenMr. Stephen Andrew Cohen (Age 39)
    Co-Founder, Pres, Sec. & Director
    Comp: $583.9k
  • Mr. David A. GlazerMr. David A. Glazer (Age 38)
    CFO & Treasurer
    Comp: $473.84k
  • Mr. Shyam SankarMr. Shyam Sankar (Age 40)
    CTO & Exec. VP
    Comp: $646.87k
  • Mr. Ryan D. TaylorMr. Ryan D. Taylor (Age 40)
    Chief Revenue Officer & Chief Legal Officer
    Comp: $463.37k
  • Mr. Joseph Lonsdale (Age 40)
    Co-Founder
  • Ms. Heather PlanishekMs. Heather Planishek (Age 39)
    Chief Accounting Officer
  • Mr. Rodney Nelson
    Head of Investor Relations
  • Mr. David B. MacNaughton (Age 74)
    Pres of Palantir Canada

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PLTR Stock - Frequently Asked Questions

Should I buy or sell Palantir Technologies stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Palantir Technologies in the last twelve months. There are currently 6 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" PLTR shares.
View PLTR analyst ratings or view top-rated stocks.

What is Palantir Technologies' stock price forecast for 2023?

15 Wall Street research analysts have issued 12-month price targets for Palantir Technologies' stock. Their PLTR share price forecasts range from $5.00 to $25.00. On average, they anticipate the company's stock price to reach $13.25 in the next year. This suggests that the stock has a possible downside of 6.2%.
View analysts price targets for PLTR or view top-rated stocks among Wall Street analysts.

How have PLTR shares performed in 2023?

Palantir Technologies' stock was trading at $6.42 at the beginning of the year. Since then, PLTR shares have increased by 120.1% and is now trading at $14.13.
View the best growth stocks for 2023 here.

When is Palantir Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our PLTR earnings forecast.

How were Palantir Technologies' earnings last quarter?

Palantir Technologies Inc. (NYSE:PLTR) posted its earnings results on Monday, August, 7th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The firm earned $533.32 million during the quarter, compared to analyst estimates of $533.88 million. Palantir Technologies had a negative trailing twelve-month return on equity of 4.37% and a negative net margin of 2.35%.

What ETFs hold Palantir Technologies' stock?

ETFs with the largest weight of Palantir Technologies (NYSE:PLTR) stock in their portfolio include Renaissance IPO ETF (IPO), ProShares Big Data Refiners ETF (DAT), Long Cramer ETF (LJIM), Pinnacle Focused Opportunities ETF (FCUS), Roundhill MEME ETF (MEME), Adaptiv Select ETF (ADPV), SoFi Social 50 ETF (SFYF) and VanEck Social Sentiment ETF (BUZZ).

What guidance has Palantir Technologies issued on next quarter's earnings?

Palantir Technologies updated its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $553.00 million-$557.00 million, compared to the consensus revenue estimate of $552.09 million.

What other stocks do shareholders of Palantir Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Palantir Technologies investors own include Tesla (TSLA), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), DocuSign (DOCU), PayPal (PYPL), Walmart (WMT), CrowdStrike (CRWD), Advanced Micro Devices (AMD) and CVS Health (CVS).

When did Palantir Technologies IPO?

(PLTR) raised $0 in an initial public offering (IPO) on Wednesday, September 30th 2020. The company issued 257,100,000 shares at $0.00 per share. None acted as the underwriter for the IPO.

What is Palantir Technologies' stock symbol?

Palantir Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLTR."

Who are Palantir Technologies' major shareholders?

Palantir Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (14.50%), BlackRock Inc. (4.87%), Renaissance Technologies LLC (1.88%), State Street Corp (1.69%), Geode Capital Management LLC (1.17%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Alexander C Karp, Alexander C Karp, Alexander D Moore, Alexander D Moore, David A Glazer, Eric H Woersching, Heather A Planishek, Jeffrey Buckley, Lauren Elaina Friedman Stat, Matthew A Long, Peter Thiel, Ryan D Taylor, Shyam Sankar, Spencer M Rascoff, Spencer M Rascoff and Stephen Andrew Cohen.
View institutional ownership trends.

How do I buy shares of Palantir Technologies?

Shares of PLTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Palantir Technologies' stock price today?

One share of PLTR stock can currently be purchased for approximately $14.13.

How much money does Palantir Technologies make?

Palantir Technologies (NYSE:PLTR) has a market capitalization of $30.41 billion and generates $1.91 billion in revenue each year. The company earns $-373,700,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

How many employees does Palantir Technologies have?

The company employs 3,838 workers across the globe.

Does Palantir Technologies have any subsidiaries?
The following companies are subsidiares of Palantir Technologies: FT Technologies, Kimono Labs, PTS Sweden AB, Palantir Engineering Israel Ltd., Palantir GSC Inc., Palantir International Inc., Palantir Italia S.R.L., Palantir Shakti Technologies Private Limited, Palantir Technologies Australia PTY Ltd., Palantir Technologies Canada Inc., Palantir Technologies Denmark ApS, Palantir Technologies France SAS, Palantir Technologies Geneva Sarl, Palantir Technologies GmbH, Palantir Technologies Holdings LLC, Palantir Technologies Hong Kong Limited, Palantir Technologies Japan, Palantir Technologies Japan G.K., Palantir Technologies Mexico S. de R.L. de C.V., Palantir Technologies New Zealand Limited, Palantir Technologies Norway AS, Palantir Technologies Poland Sp. z o.o., Palantir Technologies QFC LLC, Palantir Technologies Singapore Pte. Ltd., Palantir Technologies Spain SL, Palantir Technologies Switzerland GmbH, Palantir Technologies Taiwan Limited, Palantir Technologies U.K., Palantir Technologies U.K. - Eagle Ltd, Palantir Technologies U.K. - Eagle Ltd., Palantir Technologies U.K. Ltd., Palantir Tecnologia Do Brasil LTDA, Palantir USG, Palantir USG Inc., Poptip, Propeller, Silk, and Voicegem.
Read More
How can I contact Palantir Technologies?

Palantir Technologies' mailing address is 1555 BLAKE STREET SUITE 250, DENVER CO, 80202. The official website for the company is www.palantir.com. The company can be reached via phone at 720-358-3679 or via email at investors@palantir.com.

This page (NYSE:PLTR) was last updated on 9/24/2023 by MarketBeat.com Staff

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