Palantir Stock Today
| PLTR Stock | USD 14.00 0.74 5.02% |
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Palantir TechnologiesInc is selling at 14.00 as of the 22nd of September 2023; that is -5.02 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.68. Palantir TechnologiesInc has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Palantir TechnologiesInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2023 and ending today, the 22nd of September 2023. Click here to learn more.
Business Domain Software & Services | IPO Date 30th of September 2020 | Category Technology | Classification Information Technology |
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado. The company has 2.05 B outstanding shares of which 135.78 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. More on Palantir TechnologiesInc
Moving together with Palantir Stock
| + | 0.7 | SQ | Block Inc | Fiscal Quarter End 30th of September 2023 | PairCorr |
Palantir Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Palantir TechnologiesInc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Palantir TechnologiesInc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Alexander Karp | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Palantir TechnologiesInc report their recommendations after researching Palantir TechnologiesInc's financial statements, talking to executives and customers, or listening in on Palantir TechnologiesInc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Palantir TechnologiesInc. The Palantir consensus assessment is calculated by taking the average forecast from all of the analysts covering Palantir TechnologiesInc. Sell14 Opinions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Piotroski F Score Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Palantir TechnologiesInc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Palantir TechnologiesInc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks. PoorDetails
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| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Palantir TechnologiesInc's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Cautious HoldOvervalued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Palantir TechnologiesInc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Palantir TechnologiesInc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Palantir TechnologiesInc's financial leverage. It provides some insight into what part of Palantir TechnologiesInc's total assets is financed by creditors.
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Palantir TechnologiesInc (PLTR) is traded on New York Stock Exchange in USA. It is located in 1555 Blake Street, Denver, CO, United States, 80202 and employs 3,734 people. Palantir TechnologiesInc is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 32.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Palantir TechnologiesInc's market, we take the total number of its shares issued and multiply it by Palantir TechnologiesInc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Palantir TechnologiesInc conducts business under Software sector and is part of Information Technology industry. The entity has 2.05 B outstanding shares of which 135.78 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover.
Palantir TechnologiesInc currently holds about 2.6 B in cash with 223.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19.
Check Palantir TechnologiesInc Probability Of Bankruptcy
OwnershipPalantir TechnologiesInc has a total of 2.05 Billion outstanding shares. 30% of Palantir TechnologiesInc outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Ownership Allocation
Check Palantir Ownership DetailsPalantir Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Palantir TechnologiesInc jumping above the current price in 90 days from now is about 91.23%. The Palantir TechnologiesInc probability density function shows the probability of Palantir TechnologiesInc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.4352 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Palantir TechnologiesInc will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Palantir TechnologiesInc is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Palantir TechnologiesInc to move above the current price in 90 days from now is about 91.23 (This Palantir TechnologiesInc probability density function shows the probability of Palantir Stock to fall within a particular range of prices over 90 days) .
Palantir TechnologiesInc Historical Income Statement
Palantir TechnologiesInc Income Statement is one of the three primary financial statements used for reporting Palantir's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Palantir TechnologiesInc revenue and expense. Palantir TechnologiesInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Palantir TechnologiesInc Interest Expense is relatively stable at the moment as compared to the past year. Palantir TechnologiesInc reported last year Interest Expense of 4.06 Million. As of 09/22/2023, Operating Expenses is likely to grow to about 1.7 B, while Cost of Revenue is likely to drop slightly above 389.7 M. View More FundamentalsPalantir Stock Against Markets
Picking the right benchmark for Palantir TechnologiesInc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Palantir TechnologiesInc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Palantir TechnologiesInc is critical whether you are bullish or bearish towards Palantir TechnologiesInc at a given time. Please also check how Palantir TechnologiesInc's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Palantir TechnologiesInc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Palantir TechnologiesInc Corporate Management
Elected by the shareholders, the Palantir TechnologiesInc's board of directors comprises two types of representatives: Palantir TechnologiesInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Palantir. The board's role is to monitor Palantir TechnologiesInc's management team and ensure that shareholders' interests are well served. Palantir TechnologiesInc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Palantir TechnologiesInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David MacNaughton | Pres Canada | Profile | |
| Kevin Kawasaki | Head Devel | Profile | |
| Alexandra Schiff | Independent Director | Profile | |
| Stephen Cohen | President Co-Founder, Company Secretary, Director | Profile | |
| Joseph Lonsdale | CoFounder | Profile | |
| Matthew Long | General Counsel | Profile |
How to buy Palantir Stock?
Before investing in Palantir TechnologiesInc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Palantir TechnologiesInc. To buy Palantir TechnologiesInc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Palantir TechnologiesInc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Palantir TechnologiesInc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Palantir TechnologiesInc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Palantir TechnologiesInc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Palantir TechnologiesInc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Palantir Stock please use our How to Invest in Palantir TechnologiesInc guide.
Already Invested in Palantir TechnologiesInc?
The danger of trading Palantir TechnologiesInc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Palantir TechnologiesInc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Palantir TechnologiesInc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Palantir TechnologiesInc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir TechnologiesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in non-hispanic. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir TechnologiesInc guide. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Palantir Stock analysis
When running Palantir TechnologiesInc's price analysis, check to measure Palantir TechnologiesInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palantir TechnologiesInc is operating at the current time. Most of Palantir TechnologiesInc's value examination focuses on studying past and present price action to predict the probability of Palantir TechnologiesInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir TechnologiesInc's price. Additionally, you may evaluate how the addition of Palantir TechnologiesInc to your portfolios can decrease your overall portfolio volatility.
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Is Palantir TechnologiesInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palantir TechnologiesInc. If investors know Palantir will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palantir TechnologiesInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.973 | Quarterly Revenue Growth 0.127 | Return On Assets (0.0113) | Return On Equity (0.0161) |
The market value of Palantir TechnologiesInc is measured differently than its book value, which is the value of Palantir that is recorded on the company's balance sheet. Investors also form their own opinion of Palantir TechnologiesInc's value that differs from its market value or its book value, called intrinsic value, which is Palantir TechnologiesInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palantir TechnologiesInc's market value can be influenced by many factors that don't directly affect Palantir TechnologiesInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palantir TechnologiesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palantir TechnologiesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palantir TechnologiesInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.