Palantir Technologiesinc Stock Today
| PLTR Stock | USD 21.64 0.67 3.20% |
Performance7 of 100
| Odds Of DistressLess than 1
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Palantir TechnologiesInc is selling at 21.64 as of the 24th of April 2024; that is 3.20 percent increase since the beginning of the trading day. The stock's lowest day price was 21.23. Palantir TechnologiesInc has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Palantir TechnologiesInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. 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 2.11 B outstanding shares of which 82.37 M shares are at this time shorted by private and institutional investors with about 1.32 trading days to cover. More on Palantir TechnologiesInc
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Systems Software, Software - Infrastructure, Information Technology, NYSE Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Palantir TechnologiesInc's historical financial statements, Palantir TechnologiesInc is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Palantir TechnologiesInc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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 1200 17th Street, Denver, CO, United States, 80202 and employs 3,735 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 46.4 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 2.11 B outstanding shares of which 82.37 M shares are at this time shorted by private and institutional investors with about 1.32 trading days to cover.
Palantir TechnologiesInc currently holds about 831.05 M in cash with 712.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19.
Check Palantir TechnologiesInc Probability Of Bankruptcy
Ownership AllocationPalantir TechnologiesInc has a total of 2.11 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 regulations 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 is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Palantir Ownership Details
Palantir 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 58.98%. 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 2.9528 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, palantir TechnologiesInc has an alpha of 0.2324, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Palantir TechnologiesInc to move above the current price in 90 days from now is about 58.98 (This Palantir TechnologiesInc probability density function shows the probability of Palantir Stock to fall within a particular range of prices over 90 days) .
Palantir Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Palantir TechnologiesInc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Palantir TechnologiesInc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Palantir TechnologiesInc's value.| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2023-12-31 | 11.6 M | |
| Northern Trust Corp | 2023-12-31 | 11.3 M | |
| Ark Investment Management Llc | 2023-12-31 | 10.9 M | |
| Scout Investment Advisors Inc | 2023-12-31 | 9.5 M | |
| American Century Companies Inc | 2023-12-31 | 9 M | |
| Nikko Asset Management Americas Inc | 2023-12-31 | 8.2 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 7.8 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 7.7 M | |
| Barclays Plc | 2023-12-31 | 7.3 M | |
| Vanguard Group Inc | 2023-12-31 | 193.8 M | |
| Blackrock Inc | 2023-12-31 | 112.5 M |
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.
At this time, Palantir TechnologiesInc's Research Development is relatively stable compared to the past year. As of 04/24/2024, EBITDA is likely to grow to about 161 M, while Depreciation And Amortization is likely to drop slightly above 20.3 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.
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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.
| Kevin Kawasaki | Head Development | 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 Sharpe 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.
When determining whether Palantir TechnologiesInc is a strong investment it is important to analyze Palantir TechnologiesInc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palantir TechnologiesInc's future performance. For an informed investment choice regarding Palantir Stock, refer to the following important reports: 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 estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir TechnologiesInc guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.
Quarterly Earnings Growth 1.663 | Earnings Share 0.09 | Revenue Per Share 1.036 | Quarterly Revenue Growth 0.196 | Return On Assets 0.0188 |
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.