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Morningstar

Palantir Technologies Inc Ordinary Shares - Class A PLTR Stock Quote

Morningstar Rating
| Rating as of

NYSE: PLTR

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 15.02
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Mid Growth
  • Day Range 14.82  –  15.98
  • Year Range 5.92  –  17.16
  • Market Cap 31.8190 Bil
  • Volume / Avg 94.1 Mil /  59.7 Mil
  • Price / Sales 15.96
  • Price / Book 11.68
  • Forward Div Yield —
  • Trailing Div Yield —

Morningstar‘s Stock Analysis PLTR

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Palantir Earnings: Ink Turns Black as Firm Reports First GAAP Operating Profit

Analyst Note

| Malik Ahmed Khan |

We are maintaining our $9 fair value estimate for Palantir after the firm reported a strong quarter, including strong top-line growth, robust billings, and GAAP profitability. We continue to have a positive outlook on Palantir’s set of government/commercial solutions and envision an improved business environment as macro pressures dissipate over time. We believe a renewed interest in artificial intelligence also bodes well for Palantir’s solutions, which have long leveraged AI to deliver business outcomes for clients. With shares up more than 20% after hours, we believe the market has calibrated its valuation to reflect Palantir’s strong fundamentals that we have previously highlighted, and we view the firm’s shares as fairly valued.

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Key Statistics PLTR

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Company Profile PLTR

Business Description

Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients’ organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Contact
1200 17th Street, Floor 15
Denver, CO, 80202
Sector Technology
Industry Software - Infrastructure
Employees 3,850

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Resilient economies are helping European stocks outperform the U.S. market.
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Palantir Turns Profitable, Crossing an Important Milestone to Finish 2022

We’re raising our fair value estimate to $9 from $8; shares are fairly valued.
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A hot reading on inflation in the CPI report could mean higher rates for longer.
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Related News PLTR

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Competitors & Peers PLTR

More on PLTR’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of PLTR’s competitive advantage.

Palantir Technologies Inc Ordinary Shares - Class A

XNYS: PLTR

Okta Inc Class A

XNAS: OKTA

Zscaler Inc

XNAS: ZS

CrowdStrike Holdings Inc Class A

XNAS: CRWD
Price
15.0271.40150.84149.53
Currency
USDUSDUSDUSD
Change
−$0.17 (1.12%) −$0.05 (0.07%) +$2.02 (1.36%) −$1.77 (1.17%)
Market Cap
31.82 Bil11.59 Bil22.01 Bil35.45 Bil
Industry
Software - Infrastructure Software - Infrastructure Software - Infrastructure Software - Infrastructure
Sector
Technology
Technology
Technology
Technology

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Palantir Technologies Inc Ordinary Shares - Class A Stock

No. PLTR does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PLTR’s market cap is 31.82 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PLTR’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PLTR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PLTR’s historical performance against its industry peers and the overall market.