S&P 500   4,330.25 (+0.24%)
DOW   33,958.70 (-0.02%)
QQQ   358.31 (+0.11%)
AAPL   175.47 (+0.39%)
MSFT   315.86 (-0.36%)
META   299.52 (+0.15%)
GOOGL   130.60 (+0.27%)
AMZN   131.11 (+1.54%)
TSLA   245.51 (+0.26%)
NVDA   419.17 (+0.74%)
NIO   8.34 (-2.23%)
BABA   86.97 (-1.51%)
AMD   96.88 (+0.71%)
T   15.07 (-0.33%)
F   12.56 (+1.05%)
MU   68.32 (-0.81%)
CGC   0.93 (+10.22%)
GE   111.51 (+0.23%)
DIS   80.78 (-0.58%)
AMC   8.18 (+7.35%)
PFE   32.81 (+0.37%)
PYPL   58.88 (+1.73%)
NFLX   383.91 (+1.08%)
S&P 500   4,330.25 (+0.24%)
DOW   33,958.70 (-0.02%)
QQQ   358.31 (+0.11%)
AAPL   175.47 (+0.39%)
MSFT   315.86 (-0.36%)
META   299.52 (+0.15%)
GOOGL   130.60 (+0.27%)
AMZN   131.11 (+1.54%)
TSLA   245.51 (+0.26%)
NVDA   419.17 (+0.74%)
NIO   8.34 (-2.23%)
BABA   86.97 (-1.51%)
AMD   96.88 (+0.71%)
T   15.07 (-0.33%)
F   12.56 (+1.05%)
MU   68.32 (-0.81%)
CGC   0.93 (+10.22%)
GE   111.51 (+0.23%)
DIS   80.78 (-0.58%)
AMC   8.18 (+7.35%)
PFE   32.81 (+0.37%)
PYPL   58.88 (+1.73%)
NFLX   383.91 (+1.08%)
S&P 500   4,330.25 (+0.24%)
DOW   33,958.70 (-0.02%)
QQQ   358.31 (+0.11%)
AAPL   175.47 (+0.39%)
MSFT   315.86 (-0.36%)
META   299.52 (+0.15%)
GOOGL   130.60 (+0.27%)
AMZN   131.11 (+1.54%)
TSLA   245.51 (+0.26%)
NVDA   419.17 (+0.74%)
NIO   8.34 (-2.23%)
BABA   86.97 (-1.51%)
AMD   96.88 (+0.71%)
T   15.07 (-0.33%)
F   12.56 (+1.05%)
MU   68.32 (-0.81%)
CGC   0.93 (+10.22%)
GE   111.51 (+0.23%)
DIS   80.78 (-0.58%)
AMC   8.18 (+7.35%)
PFE   32.81 (+0.37%)
PYPL   58.88 (+1.73%)
NFLX   383.91 (+1.08%)
S&P 500   4,330.25 (+0.24%)
DOW   33,958.70 (-0.02%)
QQQ   358.31 (+0.11%)
AAPL   175.47 (+0.39%)
MSFT   315.86 (-0.36%)
META   299.52 (+0.15%)
GOOGL   130.60 (+0.27%)
AMZN   131.11 (+1.54%)
TSLA   245.51 (+0.26%)
NVDA   419.17 (+0.74%)
NIO   8.34 (-2.23%)
BABA   86.97 (-1.51%)
AMD   96.88 (+0.71%)
T   15.07 (-0.33%)
F   12.56 (+1.05%)
MU   68.32 (-0.81%)
CGC   0.93 (+10.22%)
GE   111.51 (+0.23%)
DIS   80.78 (-0.58%)
AMC   8.18 (+7.35%)
PFE   32.81 (+0.37%)
PYPL   58.88 (+1.73%)
NFLX   383.91 (+1.08%)

Palantir Technologies (PLTR) Stock Forecast, Price & News

$14.16
+0.03 (+0.21%)
(As of 03:34 PM ET)
Compare
Today's Range
$13.82
$14.24
50-Day Range
$14.00
$19.99
52-Week Range
$5.84
$20.24
Volume
32.67 million shs
Average Volume
58.25 million shs
Market Capitalization
$30.47 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.25

Palantir Technologies MarketRank™ Forecast

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
6.4% Downside
$13.25 Price Target
Short Interest
Bearish
7.23% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.89mentions of Palantir Technologies in the last 14 days
Based on 20 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

231st out of 313 stocks

Prepackaged Software Industry

160th out of 205 stocks


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

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
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.
Forget NVDA. Buy this A.I. stock instead
Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...
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.
Forget NVDA. Buy this A.I. stock instead
Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...
Is It Time to Move On From C3.ai Stock?
Palantir: Potential AI Trade Of The Decade
Palantir: Profitability Poised To Explode
Palantir: Dan Ives Is Impressed, and So Am I
Palantir Technologies (NYSE:PLTR) Given Outperform Rating at Wedbush
3 Reasons to Buy Palantir, and 3 Reasons to Sell
HSBC Begins Coverage on Palantir Technologies (NYSE:PLTR)
11 Analysts Have This to Say About Palantir Technologies
Palantir: What Are You Waiting For?
See More Headlines
Receive PLTR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Palantir Technologies and its competitors with MarketBeat's FREE daily newsletter.

PLTR Company Calendar

Last Earnings
8/07/2023
Today
9/25/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
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
-5.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
15 Analysts

Profitability

Net Income
$-373,700,000.00
Pretax Margin
-1.67%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Book Value
$1.26 per share

Miscellaneous

Outstanding Shares
2,151,825,000
Free Float
1,851,430,000
Market Cap
$30.13 billion
Optionable
Not Optionable
Beta
2.80

Social Links

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

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













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 year. 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 twelve-month target prices for Palantir Technologies' shares. 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 5.4%.
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 on January 1st, 2023. Since then, PLTR stock has increased by 118.1% and is now trading at $14.00.
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) announced its quarterly earnings results on Monday, August, 7th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. The firm earned $533.32 million during the quarter, compared to analysts' expectations of $533.88 million. Palantir Technologies had a negative net margin of 2.35% and a negative trailing twelve-month return on equity of 4.37%.

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

Palantir Technologies issued an update on its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share (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 retail and institutional 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 $14.00.

How much money does Palantir Technologies make?

Palantir Technologies (NYSE:PLTR) has a market capitalization of $30.13 billion and generates $2.05 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 9/25/2023 by MarketBeat.com Staff

My Account -