PLTR Chart
About

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Aventura, Florida.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 321.87B
Enterprise Value 301.30B Income 1.63B Sales 4.48B
Book/sh 3.09 Cash/sh 3.00 Dividend Yield
Payout 0.00% Employees 4429 IPO
P/E 213.62 Forward P/E 73.63 PEG
P/S 71.92 P/B 43.57 P/C
EV/EBITDA 209.21 EV/Sales 67.32 Quick Ratio 6.99
Current Ratio 7.11 Debt/Eq 3.06 LT Debt/Eq
EPS (ttm) 0.63 EPS next Y 1.83 EPS Growth 6.48%
Revenue Growth 70.00% Earnings 2026-05-04 ROA 11.60%
ROE 25.98% ROIC Gross Margin 82.37%
Oper. Margin 40.90% Profit Margin 36.31% Shs Outstand 2.29B
Shs Float 2.21B Short Float 2.05% Short Ratio 1.17
Short Interest 52W High 207.52 52W Low 66.12
Beta 1.69 Avg Volume 44.09M Volume 37.60M
Target Price $185.87 Recom Buy Prev Close $128.84
Price $134.58 Change 4.46%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$185.87
Mean price target
2. Current target
$134.56
Latest analyst target
3. DCF / Fair value
$9.90
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$134.56
Low
$70.00
High
$260.00
Mean
$185.87

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-18 up Mizuho Neutral → Outperform $195
2026-02-03 main DA Davidson Neutral → Neutral $180
2026-02-03 main Citigroup Buy → Buy $260
2026-02-03 main UBS Neutral → Neutral $180
2026-01-22 init Phillip Securities — → Buy $208
2026-01-12 up Citigroup Neutral → Buy $235
2026-01-06 init Truist Securities — → Buy $223
2025-11-04 main DA Davidson Neutral → Neutral $215
2025-11-04 main Morgan Stanley Equal-Weight → Equal-Weight $205
2025-11-04 main Goldman Sachs Neutral → Neutral $188
2025-11-04 main Baird Neutral → Neutral $200
2025-11-04 main RBC Capital Underperform → Underperform $50
2025-11-04 main UBS Neutral → Neutral $205
2025-11-04 main Cantor Fitzgerald Neutral → Neutral $198
2025-11-04 main Piper Sandler Overweight → Overweight $225
2025-11-04 main Mizuho Neutral → Neutral $205
2025-11-04 main B of A Securities Buy → Buy $255
2025-10-28 main Citigroup Neutral → Neutral $190
2025-10-14 main Piper Sandler Overweight → Overweight $201
2025-09-23 main B of A Securities Buy → Buy $215
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3936 520601.0 Sale at price 129.08 - 135.73 per share. BUCKLEY JEFFREY JOHANSING Officer 2026-02-24 00:00:00 D
1 327088 nan COHEN STEPHEN ANDREW President 2026-02-20 00:00:00 D
2 168004 nan SANKAR SHYAM Chief Technology Officer 2026-02-20 00:00:00 D
3 19988 2672765.0 Sale at price 132.03 - 135.73 per share. TAYLOR RYAN DOUGLAS Officer 2026-02-20 00:00:00 D
4 168004 22465231.0 Sale at price 132.03 - 135.73 per share. SANKAR SHYAM Chief Technology Officer 2026-02-20 00:00:00 D
5 17438 2331782.0 Sale at price 132.03 - 135.73 per share. GLAZER DAVID ALAN Chief Financial Officer 2026-02-20 00:00:00 D
6 327088 43737696.0 Sale at price 132.03 - 135.73 per share. COHEN STEPHEN ANDREW President 2026-02-20 00:00:00 D
7 20000 2992984.0 Sale at price 147.45 - 150.92 per share. MOORE ALEXANDER D Director 2026-02-02 00:00:00 D
8 400 60456.0 Sale at price 151.14 per share. STAT LAUREN ELAINA FRIEDMAN Director 2026-02-02 00:00:00 D
9 12000 2176200.0 Sale at price 181.35 per share. TAYLOR RYAN DOUGLAS Officer 2026-01-02 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.040.080.210.27
NormalizedEBITDA341.99M153.32M-138.68M-469.96M
NetIncomeFromContinuingOperationNetMinorityInterest462.19M209.82M-373.70M-520.38M
ReconciledDepreciation31.59M33.35M22.52M14.90M
ReconciledCostOfRevenue565.99M431.11M408.55M339.40M
EBITDA341.99M153.32M-138.68M-469.96M
EBIT310.40M119.97M-161.20M-484.85M
NetInterestIncome196.79M132.57M20.31M-2.03M
InterestExpense3.47M4.06M3.64M
InterestIncome196.79M132.57M20.31M1.61M
NormalizedIncome462.19M209.82M-373.70M-520.38M
NetIncomeFromContinuingAndDiscontinuedOperation462.19M209.82M-373.70M-520.38M
TotalExpenses2.56B2.11B2.07B1.95B
TotalOperatingIncomeAsReported310.40M119.97M-161.20M-411.05M
DilutedAverageShares2.45B2.29B2.06B1.92B
BasicAverageShares2.25B2.14B2.06B1.92B
DilutedEPS0.190.09-0.18-0.27
BasicEPS0.210.10-0.18-0.27
DilutedNIAvailtoComStockholders462.19M209.82M-373.70M-520.38M
AverageDilutionEarnings0.000.00
NetIncomeCommonStockholders462.19M209.82M-373.70M-520.38M
OtherunderPreferredStockDividend0.00
NetIncome462.19M209.82M-373.70M-520.38M
MinorityInterests-5.73M-7.55M-2.61M0.00
NetIncomeIncludingNoncontrollingInterests467.92M217.38M-371.09M-520.38M
NetIncomeContinuousOperations467.92M217.38M-371.09M-520.38M
TaxProvision21.25M19.72M10.07M31.89M
PretaxIncome489.17M237.09M-361.03M-488.49M
OtherIncomeExpense-18.02M-15.45M-220.13M-75.42M
OtherNonOperatingIncomeExpenses-18.02M-15.45M-220.13M-75.42M
NetNonOperatingInterestIncomeExpense196.79M132.57M20.31M-2.03M
InterestExpenseNonOperating3.47M4.06M3.64M
InterestIncomeNonOperating196.79M132.57M20.31M1.61M
OperatingIncome310.40M119.97M-161.20M-411.05M
OperatingExpense1.99B1.67B1.66B1.61B
ResearchAndDevelopment507.88M404.62M359.68M387.49M
SellingGeneralAndAdministration1.48B1.27B1.30B1.23B
SellingAndMarketingExpense887.75M744.99M702.51M614.51M
GeneralAndAdministrativeExpense593.48M524.33M596.33M611.53M
OtherGandA593.48M524.33M596.33M611.53M
GrossProfit2.30B1.79B1.50B1.20B
CostOfRevenue565.99M431.11M408.55M339.40M
TotalRevenue2.87B2.23B1.91B1.54B
OperatingRevenue2.87B2.23B1.91B1.54B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber2.34B2.20B2.10B2.03B
ShareIssued2.34B2.20B2.10B2.03B
TotalDebt239.22M229.39M249.40M260.07M
TangibleBookValue5.00B3.48B2.57B2.29B
InvestedCapital5.00B3.48B2.57B2.29B
WorkingCapital4.94B3.39B2.45B2.20B
NetTangibleAssets5.00B3.48B2.57B2.29B
CapitalLeaseObligations239.22M229.39M249.40M260.07M
CommonStockEquity5.00B3.48B2.57B2.29B
TotalCapitalization5.00B3.48B2.57B2.29B
TotalEquityGrossMinorityInterest5.09B3.56B2.64B2.29B
MinorityInterest91.13M85.40M77.11M0.00
StockholdersEquity5.00B3.48B2.57B2.29B
GainsLossesNotAffectingRetainedEarnings-5.61M801.00K-5.33M-2.35M
OtherEquityAdjustments-5.61M801.00K-5.33M-2.35M
RetainedEarnings-5.19B-5.65B-5.86B-5.49B
AdditionalPaidInCapital10.19B9.12B8.43B7.78B
CapitalStock2.34M2.20M2.10M2.03M
CommonStock2.34M2.20M2.10M2.03M
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest1.25B961.46M818.80M956.42M
TotalNonCurrentLiabilitiesNetMinorityInterest250.46M215.44M230.86M296.36M
OtherNonCurrentLiabilities13.69M10.70M12.65M2.30M
NonCurrentDeferredLiabilities41.55M29.52M13.90M73.92M
NonCurrentDeferredRevenue41.55M29.52M13.90M73.92M
LongTermDebtAndCapitalLeaseObligation195.23M175.22M204.31M220.15M
LongTermCapitalLeaseObligation195.23M175.22M204.31M220.15M
CurrentLiabilities996.02M746.02M587.94M660.06M
CurrentDeferredLiabilities524.88M456.73M325.34M389.42M
CurrentDeferredRevenue524.88M456.73M325.34M389.42M
CurrentDebtAndCapitalLeaseObligation43.99M54.18M45.10M39.93M
CurrentCapitalLeaseObligation43.99M54.18M45.10M39.93M
PayablesAndAccruedExpenses427.15M235.11M217.50M230.71M
CurrentAccruedExpenses384.80M175.73M131.39M133.26M
Payables42.35M59.38M86.11M97.46M
TotalTaxPayable42.24M47.26M41.33M22.55M
AccountsPayable103.00K12.12M44.79M74.91M
TotalAssets6.34B4.52B3.46B3.25B
TotalNonCurrentAssets406.60M383.81M419.66M384.20M
OtherNonCurrentAssets166.22M153.19M150.25M136.00M
NetPPE240.38M230.62M269.41M248.20M
AccumulatedDepreciation-123.00M-102.16M-82.41M-69.93M
GrossPPE363.38M332.78M351.82M318.13M
Leases85.28M83.14M80.38M72.83M
ConstructionInProgress7.63M2.10M5.51M3.13M
OtherProperties200.74M182.86M200.24M216.90M
MachineryFurnitureEquipment69.72M64.68M65.70M25.27M
Properties0.000.000.000.00
CurrentAssets5.93B4.14B3.04B2.86B
OtherCurrentAssets129.25M99.66M133.31M110.87M
RestrictedCash370.00K16.24M36.63M
PrepaidAssets110.87M
Receivables575.05M364.78M258.35M190.92M
AccountsReceivable575.05M364.78M258.35M190.92M
AllowanceForDoubtfulAccountsReceivable-10.50M-10.50M
GrossAccountsReceivable585.55M375.28M
CashCashEquivalentsAndShortTermInvestments5.23B3.67B2.63B2.52B
OtherShortTermInvestments3.13B2.84B35.13M234.15M
CashAndCashEquivalents2.10B831.05M2.60B2.29B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow1.14B697.07M183.71M321.22M
RepurchaseOfCapitalStock-64.20M0.000.000.00
RepaymentOfDebt0.000.00-200.00M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.000.00
CapitalExpenditure-12.63M-15.11M-40.03M-12.63M
InterestPaidSupplementalData5.00K2.77M
IncomeTaxPaidSupplementalData16.18M13.52M2.90M4.13M
EndCashPosition2.12B850.11M2.63B2.37B
BeginningCashPosition850.11M2.63B2.37B2.13B
EffectOfExchangeRateChanges-6.75M2.93M-3.88M-3.92M
ChangesInCash1.28B-1.78B264.31M242.69M
FinancingCashFlow463.36M218.84M86.00M306.75M
CashFlowFromContinuingFinancingActivities463.36M218.84M86.00M306.75M
NetOtherFinancingCharges-217.84M601.00K-93.00K-708.00K
ProceedsFromStockOptionExercised745.40M218.24M86.09M507.45M
NetPreferredStockIssuance0.00
PreferredStockPayments0.00
PreferredStockIssuance0.00
NetCommonStockIssuance-64.20M0.000.000.00
CommonStockPayments-64.20M0.000.000.00
CommonStockIssuance0.000.00
NetIssuancePaymentsOfDebt0.000.00-200.00M
NetLongTermDebtIssuance0.000.00-200.00M
LongTermDebtPayments0.000.00-200.00M
LongTermDebtIssuance0.000.00
InvestingCashFlow-340.65M-2.71B-45.43M-397.91M
CashFlowFromContinuingInvestingActivities-340.65M-2.71B-45.43M-397.91M
NetOtherInvestingChanges-5.62M51.07M66.78M-3.87M
NetInvestmentPurchaseAndSale-322.41M-2.75B-72.18M-381.41M
SaleOfInvestment5.07B2.89B52.32M851.00K
PurchaseOfInvestment-5.40B-5.64B-124.50M-382.26M
NetBusinessPurchaseAndSale0.0066.71M0.00
SaleOfBusiness0.0066.71M0.00
PurchaseOfBusiness0.00
NetPPEPurchaseAndSale-12.63M-15.11M-40.03M-12.63M
PurchaseOfPPE-12.63M-15.11M-40.03M-12.63M
OperatingCashFlow1.15B712.18M223.74M333.85M
CashFlowFromContinuingOperatingActivities1.15B712.18M223.74M333.85M
ChangeInWorkingCapital-70.10M6.24M-261.22M-92.10M
ChangeInOtherWorkingCapital76.80M143.86M-110.62M-80.21M
ChangeInOtherCurrentLiabilities-44.41M-49.57M-34.66M-35.34M
ChangeInOtherCurrentAssets4.68M3.24M6.03M-3.35M
ChangeInPayablesAndAccruedExpense96.79M21.06M-24.33M73.01M
ChangeInAccruedExpense115.63M52.90M5.53M15.24M
ChangeInPayable-18.84M-31.83M-29.86M57.77M
ChangeInAccountPayable-18.84M-31.83M-29.86M57.77M
ChangeInPrepaidAssets7.20M-6.20M-24.81M-10.97M
ChangeInReceivables-211.16M-106.16M-72.82M-35.24M
ChangesInAccountReceivables-211.16M-106.16M-72.82M-35.24M
OtherNonCashItems13.51M-33.84M-3.38M36.59M
StockBasedCompensation691.64M475.90M564.80M778.22M
UnrealizedGainLossOnInvestmentSecurities19.31M13.16M272.11M73.31M
AssetImpairmentCharge0.00
DeferredTax-4.81M-174.00K43.32M
DeferredIncomeTax-4.81M-174.00K43.32M
DepreciationAmortizationDepletion31.59M33.35M22.52M14.90M
DepreciationAndAmortization31.59M33.35M22.52M14.90M
NetIncomeFromContinuingOperations467.92M217.38M-371.09M-520.38M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PLTR
Date User Asset Broker Type Position Size Entry Price Patterns