Palantir Technologies Inc. (PLTR)

NYSE: PLTR · IEX Real-Time Price · USD
9.82
-1.63 (-14.24%)
At close: Aug 8, 2022 4:00 PM
9.92
+0.10 (1.02%)
After-hours: Aug 8, 2022 7:10 PM EDT
-14.24%
Market Cap 20.10B
Revenue (ttm) 1.65B
Net Income (ttm) -498.28M
Shares Out 2.05B
EPS (ttm) -0.25
PE Ratio n/a
Forward PE 69.93
Dividend n/a
Ex-Dividend Date n/a
Volume 121,949,710
Open 9.77
Previous Close 11.45
Day's Range 9.71 - 10.40
52-Week Range 6.44 - 29.29
Beta n/a
Analysts Buy
Price Target 11.45 (+16.6%)
Earnings Date Aug 8, 2022

About PLTR

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 iden... [Read more...]

Industry Software
IPO Date Sep 30, 2020
CEO Alexander Karp
Employees 3,057
Stock Exchange NYSE
Ticker Symbol PLTR
Full Company Profile

Financial Performance

In 2021, PLTR's revenue was $1.54 billion, an increase of 41.11% compared to the previous year's $1.09 billion. Losses were -$520.38 million, -55.39% less than in 2020.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for PLTR stock is "Buy." The 12-month stock price forecast is 11.45, which is an increase of 16.60% from the latest price.

Price Target
$11.45
(16.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Palantir Stock Plunged Today

An unexpected loss and lower projected profitability alarmed shareholders.

Palantir stock sinks amid earnings miss, warning of sales slowdown

Yahoo Finance anchor Seana Smith reports on Palantir shares moving lower after a disappointing second-quarter earnings report, in which the company stated it expects revenue growth to slow at record lev...

Three Stock Lunch: Nvidia, Palantir and Bed Bath & Beyond

Craig Johnson, Piper Sandler, joins 'Power Lunch' to discuss Johnson's investing take on three stocks: Nvidia, Palantir and Bed Bath & Beyond.

Other symbols: BBBYNVDA

Kevin O'Leary Just Bought Nvidia Stock And Plans To Buy Palantir Next: Here's When And Why He's Bullish

NVIDIA Corp (NASDAQ: NVDA) and Palantir Technologies Inc (NYSE: PLTR) shares are getting crushed Monday after both companies issued revenue warnings. One investor sees opportunity amid the reckoning.

Other symbols: NVDA

With 23% Growth Palantir Stock Could Fall Below $10

22 months ago Palantir went public at $10 a share. With a slow growth forecast, the stock is back where it started and could fall more.

Palantir stock skids as exec says downbeat forecast is ‘all the more disappointing' given opportunities ahead

Executives at Palantir Technologies Inc. offered a lower-than-expected revenue forecast Monday as they predicted that the timing of some large government contracts will be pushed out.

Palantir shares drop by 15% after lowering their expected revenue forcast

One of the largest software companies in the U.S., Palantir, saw their shares plummet by15% Monday morning after the release of their less than expected earnings report.

Bulls Buy The Dip In Palantir Technologies Stock Following Disappointing Q2 Earnings: What's Next?

Palantir Technologies, Inc (NYSE: PLTR) gapped down almost 15% to start the trading day on Monday after printing mixed second-quarter financial results.

Palantir shares opened 15% down on Monday: what happened?

Shares of Palantir Technologies Inc (NYSE: PLTR) opened nearly 15% down on Monday after the data analytics company reported an unexpected loss (adjusted) for its fiscal second quarter. Palantir Q2 earni...

Palantir Stock Plummets 15% on Earnings. Is Palantir Stock a Buy?

Here's everything you need to know about Palantir's recent earnings release and where the stock is headed next.

Palantir Technologies Inc. (PLTR) Reports Q2 Loss, Tops Revenue Estimates

Palantir Technologies Inc. (PLTR) delivered earnings and revenue surprises of -133.33% and 0.63%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Palantir shares sink after reporting Q2 earnings, misses EPS estimates

CNBC's Frank Holland joins 'Squawk Box' to break down Palantir's latest quarterly earnings report, which beat revenue estimates but missed on earnings per share.

Palantir shares fall more than 10% following earnings report

Palantir reported second-quarter results before the bell Monday that showed a greater loss per share than anticipated but beat analyst's revenue expectations.

Palantir Stock Tumbles On Q2 Earnings Miss, Weak Revenue Outlook

Palantir tumbled as Q2 earnings missed views while revenue edged by Wall Street targets and guidance came in below views. The post Palantir Stock Tumbles On Q2 Earnings Miss, Weak Revenue Outlook appear...

Palantir stock slides after earnings as revenue forecast falls short

Shares of Palantir Technologies Inc. PLTR, +1.15% were tumbling more than 13% in premarket trading Monday after the software company posted a surprise adjusted loss on a per-share basis and delivered re...

Palantir cuts annual revenue outlook on timing uncertainty of government contracts

Palantir Technologies Inc lowered its annual revenue forecast as the timing of some large government contracts remained uncertain, the data analytics software company said on Monday.

Palantir Reports Revenue Growth of 26% Y/Y for Q2 2022, US Commercial Revenue Up 120% Y/Y in Q2 2022

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2022. Q2 2022 Highlights Revenue grew 26% year-over-year to $473 m...

3 Earnings I'm Watching This Week

Here are the three companies I'll be watching for this coming week.

Other symbols: DISNIO

March Forward with Security Superstar Palantir Technologies

Today we're pitting analyst against analyst, as one Wall Street expert seems to like Palantir Technologies (NYSE: PLTR ) while another is decidedly cautious. At the same time, PLTR stock could get a nic...

What's in the Offing for Palantir (PLTR) in Q2 Earnings?

Palantir's second-quarter 2022 revenues are expected to have increased year over year.

Are Palantir, Shopify Close To Rebounding?

Enterprise software makers Palantir Technologies and Shopify continue to languish in correction mode, even as the broader market attempts to stage a rally.

Other symbols: SHOP

Palantir Technologies Inc. (PLTR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Palantir Technologies Inc. (PLTR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

What's Going on With Palantir (PLTR) Stock Today?

Palantir Technologies (NYSE: PLTR ) announced earlier this morning that the U.S. Army would broaden an existing contract with the company. The deal will generate nearly $100 million of revenue for Palan...

U.S. Army Research Lab Expands Artificial Intelligence and Machine Learning Contract with Palantir for $99.9M

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR) today announced that it will expand its work with the U.S. Army Research Laboratory to implement data and artificial intelligence (AI)/ma...

Palantir Stock is Showing Signs of Life

Enterprise and government data analytics services provider Palantir Technologies (NASDAQ: PLTR) stock has plummeted nearly (-46%) in 2022.