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 helps 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. Palantir Technologies Inc. has strategic partnership with Polymarket and TWG AI to develop a next-generation sports integrity platform. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company was incorporated in 2003 and is headquartered in Aventura, Florida.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 370.90B
Enterprise Value 364.05B Income 1.63B Sales 4.48B
Book/sh 3.09 Cash/sh 3.00 Dividend Yield
Payout 0.00% Employees 4429 IPO
P/E 242.31 Forward P/E 83.05 PEG
P/S 82.87 P/B 50.20 P/C
EV/EBITDA 252.79 EV/Sales 81.34 Quick Ratio 6.99
Current Ratio 7.11 Debt/Eq 3.06 LT Debt/Eq
EPS (ttm) 0.64 EPS next Y 1.87 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 2.38% Short Ratio 0.87
Short Interest 52W High 207.52 52W Low 66.12
Beta 1.74 Avg Volume 48.64M Volume 36.64M
Target Price $186.41 Recom Buy Prev Close $152.72
Price $155.08 Change 1.55%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$186.41
Mean price target
2. Current target
$155.08
Latest analyst target
3. DCF / Fair value
$9.90
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$155.08
Low
$70.00
High
$260.00
Mean
$186.41

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-16 reit Wedbush Outperform → Outperform $230
2026-03-03 main Rosenblatt Buy → Buy $200
2026-02-27 init Rosenblatt — → Buy $150
2026-02-26 up UBS Neutral → Buy $180
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
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2000000 289707507.0 Sale at price 140.97 - 146.80 per share. THIEL PETER A. J.D. Director 2026-03-02 00:00:00 I
1 7000 Stock Gift at price 0.00 per share. STAT LAUREN ELAINA FRIEDMAN Director 2026-02-26 00:00:00 I
2 3936 520601.0 Sale at price 129.08 - 135.73 per share. BUCKLEY JEFFREY JOHANSING Officer 2026-02-24 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 327088 43737696.0 Sale at price 132.03 - 135.73 per share. COHEN STEPHEN ANDREW President 2026-02-20 00:00:00 D
5 493025 65955988.0 Sale at price 132.01 - 135.73 per share. KARP ALEXANDER C. Chief Executive Officer 2026-02-20 00:00:00 D
6 168004 22465231.0 Sale at price 132.03 - 135.73 per share. SANKAR SHYAM Chief Technology Officer 2026-02-20 00:00:00 D
7 327088 nan COHEN STEPHEN ANDREW President 2026-02-20 00:00:00 D
8 168004 nan SANKAR SHYAM Chief Technology Officer 2026-02-20 00:00:00 D
9 493025 nan KARP ALEXANDER C. Chief Executive Officer 2026-02-20 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.010.040.080.21
NormalizedEBITDA1.44B341.99M153.32M-138.68M
NetIncomeFromContinuingOperationNetMinorityInterest1.63B462.19M209.82M-373.70M
ReconciledDepreciation26.14M31.59M33.35M22.52M
ReconciledCostOfRevenue789.18M565.99M431.11M408.55M
EBITDA1.44B341.99M153.32M-138.68M
EBIT1.41B310.40M119.97M-161.20M
NetInterestIncome229.18M196.79M132.57M20.31M
InterestExpense3.47M4.06M3.64M
InterestIncome229.18M196.79M132.57M20.31M
NormalizedIncome1.63B462.19M209.82M-373.70M
NetIncomeFromContinuingAndDiscontinuedOperation1.63B462.19M209.82M-373.70M
TotalExpenses3.06B2.56B2.11B2.07B
TotalOperatingIncomeAsReported1.41B310.40M119.97M-161.20M
DilutedAverageShares2.57B2.45B2.29B2.06B
BasicAverageShares2.37B2.25B2.14B2.06B
DilutedEPS0.630.190.09-0.18
BasicEPS0.690.210.10-0.18
DilutedNIAvailtoComStockholders1.63B462.19M209.82M-373.70M
AverageDilutionEarnings0.000.00
NetIncomeCommonStockholders1.63B462.19M209.82M-373.70M
OtherunderPreferredStockDividend0.00
NetIncome1.63B462.19M209.82M-373.70M
MinorityInterests-9.61M-5.73M-7.55M-2.61M
NetIncomeIncludingNoncontrollingInterests1.63B467.92M217.38M-371.09M
NetIncomeContinuousOperations1.63B467.92M217.38M-371.09M
TaxProvision22.72M21.25M19.72M10.07M
PretaxIncome1.66B489.17M237.09M-361.03M
OtherIncomeExpense14.17M-18.02M-15.45M-220.13M
OtherNonOperatingIncomeExpenses14.17M-18.02M-15.45M-220.13M
NetNonOperatingInterestIncomeExpense229.18M196.79M132.57M20.31M
InterestExpenseNonOperating3.47M4.06M3.64M
InterestIncomeNonOperating229.18M196.79M132.57M20.31M
OperatingIncome1.41B310.40M119.97M-161.20M
OperatingExpense2.27B1.99B1.67B1.66B
ResearchAndDevelopment557.68M507.88M404.62M359.68M
SellingGeneralAndAdministration1.71B1.48B1.27B1.30B
SellingAndMarketingExpense1.06B887.75M744.99M702.51M
GeneralAndAdministrativeExpense657.72M593.48M524.33M596.33M
OtherGandA657.72M593.48M524.33M596.33M
GrossProfit3.69B2.30B1.79B1.50B
CostOfRevenue789.18M565.99M431.11M408.55M
TotalRevenue4.48B2.87B2.23B1.91B
OperatingRevenue4.48B2.87B2.23B1.91B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber2.39B2.34B2.20B2.10B
ShareIssued2.39B2.34B2.20B2.10B
TotalDebt229.34M239.22M229.39M249.40M
TangibleBookValue7.39B5.00B3.48B2.57B
InvestedCapital7.39B5.00B3.48B2.57B
WorkingCapital7.18B4.94B3.39B2.45B
NetTangibleAssets7.39B5.00B3.48B2.57B
CapitalLeaseObligations229.34M239.22M229.39M249.40M
CommonStockEquity7.39B5.00B3.48B2.57B
TotalCapitalization7.39B5.00B3.48B2.57B
TotalEquityGrossMinorityInterest7.49B5.09B3.56B2.64B
MinorityInterest100.74M91.13M85.40M77.11M
StockholdersEquity7.39B5.00B3.48B2.57B
GainsLossesNotAffectingRetainedEarnings13.94M-5.61M801.00K-5.33M
OtherEquityAdjustments13.94M-5.61M801.00K-5.33M
RetainedEarnings-3.56B-5.19B-5.65B-5.86B
AdditionalPaidInCapital10.93B10.19B9.12B8.43B
CapitalStock2.39M2.34M2.20M2.10M
CommonStock2.39M2.34M2.20M2.10M
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest1.41B1.25B961.46M818.80M
TotalNonCurrentLiabilitiesNetMinorityInterest236.80M250.46M215.44M230.86M
OtherNonCurrentLiabilities7.09M13.69M10.70M12.65M
NonCurrentDeferredLiabilities46.23M41.55M29.52M13.90M
NonCurrentDeferredRevenue46.23M41.55M29.52M13.90M
LongTermDebtAndCapitalLeaseObligation183.47M195.23M175.22M204.31M
LongTermCapitalLeaseObligation183.47M195.23M175.22M204.31M
CurrentLiabilities1.18B996.02M746.02M587.94M
CurrentDeferredLiabilities766.03M524.88M456.73M325.34M
CurrentDeferredRevenue766.03M524.88M456.73M325.34M
CurrentDebtAndCapitalLeaseObligation45.86M43.99M54.18M45.10M
CurrentCapitalLeaseObligation45.86M43.99M54.18M45.10M
PayablesAndAccruedExpenses363.69M427.15M235.11M217.50M
CurrentAccruedExpenses355.62M427.05M175.73M131.39M
Payables8.06M103.00K59.38M86.11M
TotalTaxPayable42.24M47.26M41.33M22.55M
AccountsPayable8.06M103.00K12.12M44.79M
TotalAssets8.90B6.34B4.52B3.46B
TotalNonCurrentAssets542.22M406.60M383.81M419.66M
OtherNonCurrentAssets290.15M166.22M153.19M150.25M
NetPPE252.06M240.38M230.62M269.41M
AccumulatedDepreciation-149.09M-123.00M-102.16M-82.41M
GrossPPE401.16M363.38M332.78M351.82M
Leases98.30M85.28M83.14M80.38M
ConstructionInProgress10.00M7.63M2.10M5.51M
OtherProperties200.10M200.74M182.86M200.24M
MachineryFurnitureEquipment92.75M69.72M64.68M65.70M
Properties0.000.000.000.00
CurrentAssets8.36B5.93B4.14B3.04B
OtherCurrentAssets139.07M129.25M99.66M133.31M
RestrictedCash370.00K16.24M36.63M
PrepaidAssets110.87M
Receivables1.04B575.05M364.78M258.35M
AccountsReceivable1.04B575.05M364.78M258.35M
AllowanceForDoubtfulAccountsReceivable-10.50M-10.50M
GrossAccountsReceivable585.55M375.28M
CashCashEquivalentsAndShortTermInvestments7.18B5.23B3.67B2.63B
OtherShortTermInvestments5.75B3.13B2.84B35.13M
CashAndCashEquivalents1.42B2.10B831.05M2.60B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow2.10B1.14B697.07M183.71M
RepurchaseOfCapitalStock-74.98M-64.20M0.000.00
RepaymentOfDebt0.000.00-200.00M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.000.00
CapitalExpenditure-33.88M-12.63M-15.11M-40.03M
InterestPaidSupplementalData5.00K2.77M
IncomeTaxPaidSupplementalData16.18M13.52M2.90M4.13M
EndCashPosition1.45B2.12B850.11M2.63B
BeginningCashPosition2.12B850.11M2.63B2.37B
EffectOfExchangeRateChanges7.48M-6.75M2.93M-3.88M
ChangesInCash-675.99M1.28B-1.78B264.31M
FinancingCashFlow-26.91M463.36M218.84M86.00M
CashFlowFromContinuingFinancingActivities-26.91M463.36M218.84M86.00M
NetOtherFinancingCharges-81.03M-217.84M601.00K-93.00K
ProceedsFromStockOptionExercised129.11M745.40M218.24M86.09M
NetPreferredStockIssuance0.00
PreferredStockPayments0.00
PreferredStockIssuance0.00
NetCommonStockIssuance-74.98M-64.20M0.000.00
CommonStockPayments-74.98M-64.20M0.000.00
CommonStockIssuance0.000.00
NetIssuancePaymentsOfDebt0.000.00-200.00M
NetLongTermDebtIssuance0.000.00-200.00M
LongTermDebtPayments0.000.00-200.00M
LongTermDebtIssuance0.000.00
InvestingCashFlow-2.78B-340.65M-2.71B-45.43M
CashFlowFromContinuingInvestingActivities-2.78B-340.65M-2.71B-45.43M
NetOtherInvestingChanges-1.00M-5.62M51.07M66.78M
NetInvestmentPurchaseAndSale-2.75B-328.02M-2.75B-72.18M
SaleOfInvestment5.03B5.07B2.89B52.32M
PurchaseOfInvestment-7.77B-5.40B-5.64B-124.50M
NetBusinessPurchaseAndSale0.0066.71M0.00
SaleOfBusiness0.0066.71M0.00
PurchaseOfBusiness0.00
NetPPEPurchaseAndSale-33.88M-12.63M-15.11M-40.03M
PurchaseOfPPE-33.88M-12.63M-15.11M-40.03M
OperatingCashFlow2.13B1.15B712.18M223.74M
CashFlowFromContinuingOperatingActivities2.13B1.15B712.18M223.74M
ChangeInWorkingCapital-209.96M-70.10M6.24M-261.22M
ChangeInOtherWorkingCapital238.69M76.80M143.86M-110.62M
ChangeInOtherCurrentLiabilities-54.86M-44.41M-49.57M-34.66M
ChangeInOtherCurrentAssets4.68M3.24M6.03M-3.35M
ChangeInPayablesAndAccruedExpense4.66M96.79M21.06M-24.33M
ChangeInAccruedExpense115.63M52.90M5.53M15.24M
ChangeInPayable4.66M96.79M21.06M-29.86M
ChangeInAccountPayable4.66M96.79M21.06M-29.86M
ChangeInPrepaidAssets51.98M11.88M-2.96M-24.81M
ChangeInReceivables-450.43M-211.16M-106.16M-72.82M
ChangesInAccountReceivables-450.43M-211.16M-106.16M-72.82M
OtherNonCashItems-21.61M13.51M-33.84M-3.38M
StockBasedCompensation684.03M691.64M475.90M564.80M
UnrealizedGainLossOnInvestmentSecurities21.23M19.31M13.16M272.11M
AssetImpairmentCharge0.00
DeferredTax-4.81M-174.00K43.32M
DeferredIncomeTax-4.81M-174.00K43.32M
DepreciationAmortizationDepletion26.14M31.59M33.35M22.52M
DepreciationAndAmortization26.14M31.59M33.35M22.52M
NetIncomeFromContinuingOperations1.63B467.92M217.38M-371.09M
SEC Filings

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

Public Trades for PLTR
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status