Symbols / PLTR Stock $156.54 +9.21% Palantir Technologies Inc.

Technology • Software - Infrastructure • United States • NMS
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Dr. Alexander C. Karp J.D.
Exch · Country NMS · United States
Market Cap 375.28B
Enterprise Value 367.57B
Income 2.28B
Sales 5.22B
FCF (ttm) 1.75B
Book/sh 3.52
Cash/sh 3.35
Employees 4,395
Insider 10d —
IPO Sep 30, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 175.89
Forward P/E 75.47
PEG 2.24
P/S 71.83
P/B 44.41
P/C —
EV/EBITDA 182.12
EV/Sales 70.36
Quick Ratio 6.82
Current Ratio 6.91
Debt/Eq 2.48
LT Debt/Eq —
EPS (ttm) 0.89
EPS next Y 2.07
EPS Growth 3.25%
Revenue Growth 84.70%
EPS Gr Q/Q 3.07%
Rev Gr Q/Q —
Earnings (next) 2026-08-03
Earnings (prior) 2026-05-04
ROA 14.70%
ROE 32.59%
ROIC —
Gross Margin 84.07%
Oper. Margin 46.18%
Profit Margin 43.67%
Shs Outstand 2.30B
Shs Float 2.10B
Insider Own 3.50%
Instit Own 62.35%
Short Float 3.31%
Short Ratio 1.58
Short Interest 70.82M
52W High 207.52
vs 52W High -24.57%
52W Low 118.93
vs 52W Low 31.62%
Beta 1.52
Impl. Vol. 58.18%
Rel Volume 1.95
Avg Volume 46.84M
Volume 91.55M
Target (mean) $183.73
Tgt Median $200.00
Tgt Low $70.00
Tgt High $255.00
# Analysts 27
Recom Buy
Prev Close $143.34
Price $156.54
Change 9.21%
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. 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$183.73
Mean price target
2. Current target
$156.54
Latest analyst target
3. DCF / Fair value
$13.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$156.54
Low
$70.00
High
$255.00
Mean
$183.73

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-21 main Rosenblatt Buy → Buy $225
2026-05-06 main Citigroup Buy → Buy $225
2026-05-06 up Argus Research Hold → Buy $190
2026-05-05 reit RBC Capital Underperform → Underperform $90
2026-05-05 reit Wedbush Outperform → Outperform $230
2026-05-05 main DA Davidson Neutral → Neutral $165
2026-05-05 main Rosenblatt Buy → Buy $225
2026-05-01 down HSBC Buy → Hold $151
2026-04-30 init Oppenheimer — → Outperform $200
2026-04-28 main Citigroup Buy → Buy $210
2026-04-16 main DA Davidson Neutral → Neutral $180
2026-04-14 main Mizuho Outperform → Outperform $185
2026-04-10 reit Wedbush Outperform → Outperform $230
2026-03-25 main Rosenblatt Buy → Buy $200
2026-03-18 main UBS Buy → Buy $200
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
News
RSS: Latest PLTR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-22 BUCKLEY JEFFREY JOHANSING Officer — 2,542 $132.95 $346,954
2026-05-20 SANKAR SHYAM Chief Executive Officer — 165,514 $132.95 $22,516,876
2026-05-20 TAYLOR RYAN DOUGLAS Officer — 19,662 $132.95 $2,674,859
2026-05-20 KARP ALEXANDER C. Chief Executive Officer — 397,744 $132.95 $54,109,936
2026-05-20 COHEN STEPHEN ANDREW President — 319,934 $132.95 $43,524,501
2026-05-20 SANKAR SHYAM Chief Executive Officer — 165,514 — —
2026-05-20 COHEN STEPHEN ANDREW President — 319,934 — —
2026-05-20 KARP ALEXANDER C. Chief Executive Officer — 397,744 — —
2026-05-15 MOORE ALEXANDER D Director — 16,000 $133.05 $2,144,663
2026-04-24 BUCKLEY JEFFREY JOHANSING Officer — 21,141 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
4,475.45
+56.18%
2,865.51
+28.79%
2,225.01
+16.75%
1,905.87
Operating Revenue
4,475.45
+56.18%
2,865.51
+28.79%
2,225.01
+16.75%
1,905.87
Cost Of Revenue
789.18
+39.43%
565.99
+31.29%
431.11
+5.52%
408.55
Reconciled Cost Of Revenue
789.18
+39.43%
565.99
+31.29%
431.11
+5.52%
408.55
Gross Profit
3,686.27
+60.31%
2,299.52
+28.18%
1,793.91
+19.81%
1,497.32
Operating Expense
2,272.25
+14.23%
1,989.11
+18.83%
1,673.94
+0.93%
1,658.52
Research And Development
557.68
+9.81%
507.88
+25.52%
404.62
+12.50%
359.68
Selling General And Administration
1,714.58
+15.75%
1,481.24
+16.70%
1,269.32
-2.27%
1,298.84
Selling And Marketing Expense
1,056.86
+19.05%
887.75
+19.16%
744.99
+6.05%
702.51
General And Administrative Expense
657.72
+10.82%
593.48
+13.19%
524.33
-12.08%
596.33
Other Gand A
657.72
+10.82%
593.48
+13.19%
524.33
-12.08%
596.33
Total Expenses
3,061.43
+19.82%
2,555.10
+21.38%
2,105.05
+1.84%
2,067.07
Operating Income
1,414.02
+355.54%
310.40
+158.74%
119.97
+174.42%
-161.20
Total Operating Income As Reported
1,414.02
+355.54%
310.40
+158.74%
119.97
+174.42%
-161.20
EBITDA
1,440.16
+321.11%
341.99
+123.06%
153.32
+210.56%
-138.68
Normalized EBITDA
1,440.16
+321.11%
341.99
+123.06%
153.32
+210.56%
-138.68
Reconciled Depreciation
26.14
-17.23%
31.59
-5.30%
33.35
+48.10%
22.52
EBIT
1,414.02
+355.54%
310.40
+158.74%
119.97
+174.42%
-161.20
Net Income
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Pretax Income
1,657.37
+238.81%
489.17
+106.32%
237.09
+165.67%
-361.03
Net Non Operating Interest Income Expense
229.18
+16.46%
196.79
+48.44%
132.57
+552.77%
20.31
Interest Expense Non Operating
—
—
3.47
-14.49%
4.06
Net Interest Income
229.18
+16.46%
196.79
+48.44%
132.57
+552.77%
20.31
Interest Expense
—
—
3.47
-14.49%
4.06
Interest Income Non Operating
229.18
+16.46%
196.79
+48.44%
132.57
+552.77%
20.31
Interest Income
229.18
+16.46%
196.79
+48.44%
132.57
+552.77%
20.31
Other Income Expense
14.17
+178.64%
-18.02
-16.67%
-15.45
+92.98%
-220.13
Other Non Operating Income Expenses
14.17
+178.64%
-18.02
-16.67%
-15.45
+92.98%
-220.13
Tax Provision
22.72
+6.91%
21.25
+7.81%
19.72
+95.85%
10.07
Tax Rate For Calcs
0.00
-67.78%
0.00
-47.75%
0.00
-60.40%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
1,634.64
+249.34%
467.92
+115.26%
217.38
+158.58%
-371.09
Net Income From Continuing Operation Net Minority Interest
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Net Income From Continuing And Discontinued Operation
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Net Income Continuous Operations
1,634.64
+249.34%
467.92
+115.26%
217.38
+158.58%
-371.09
Minority Interests
-9.61
-67.79%
-5.73
+24.13%
-7.55
-189.16%
-2.61
Normalized Income
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Net Income Common Stockholders
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Otherunder Preferred Stock Dividend
—
—
—
—
Diluted EPS
0.63
+231.10%
0.19
+111.11%
0.09
+150.00%
-0.18
Basic EPS
0.69
+228.09%
0.21
+110.00%
0.10
+155.56%
-0.18
Basic Average Shares
2,369.61
+5.46%
2,246.88
+4.78%
2,144.32
+4.05%
2,060.79
Diluted Average Shares
2,565.20
+4.82%
2,447.25
+6.65%
2,294.58
+11.34%
2,060.79
Diluted NI Availto Com Stockholders
1,625.03
+251.59%
462.19
+120.27%
209.82
+156.15%
-373.70
Average Dilution Earnings
—
—
—
0.00
Line Item Trend 2023-12-31
Total Assets
4,522.43
Current Assets
4,138.62
Cash Cash Equivalents And Short Term Investments
3,674.18
Cash And Cash Equivalents
831.05
Other Short Term Investments
2,843.13
Receivables
364.78
Accounts Receivable
364.78
Gross Accounts Receivable
375.28
Allowance For Doubtful Accounts Receivable
-10.50
Prepaid Assets
—
Restricted Cash
0.37
Other Current Assets
99.66
Total Non Current Assets
383.81
Net PPE
230.62
Gross PPE
332.78
Accumulated Depreciation
-102.16
Properties
0.00
Machinery Furniture Equipment
64.68
Construction In Progress
2.10
Other Properties
182.86
Leases
83.14
Other Non Current Assets
153.19
Total Liabilities Net Minority Interest
961.46
Current Liabilities
746.02
Payables And Accrued Expenses
235.11
Payables
59.38
Accounts Payable
12.12
Current Accrued Expenses
175.73
Total Tax Payable
47.26
Current Debt And Capital Lease Obligation
54.18
Current Capital Lease Obligation
54.18
Current Deferred Liabilities
456.73
Current Deferred Revenue
456.73
Total Non Current Liabilities Net Minority Interest
215.44
Long Term Debt And Capital Lease Obligation
175.22
Long Term Capital Lease Obligation
175.22
Non Current Deferred Liabilities
29.52
Non Current Deferred Revenue
29.52
Other Non Current Liabilities
10.70
Stockholders Equity
3,475.56
Common Stock Equity
3,475.56
Capital Stock
2.20
Common Stock
2.20
Preferred Stock
—
Share Issued
2,200.13
Ordinary Shares Number
2,200.13
Treasury Shares Number
0.00
Additional Paid In Capital
9,122.17
Retained Earnings
-5,649.61
Gains Losses Not Affecting Retained Earnings
0.80
Minority Interest
85.40
Other Equity Adjustments
0.80
Total Equity Gross Minority Interest
3,560.97
Total Capitalization
3,475.56
Working Capital
3,392.60
Invested Capital
3,475.56
Total Debt
229.39
Capital Lease Obligations
229.39
Net Tangible Assets
3,475.56
Tangible Book Value
3,475.56
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
2,134.47
+84.98%
1,153.87
+62.02%
712.18
+218.31%
223.74
Cash Flow From Continuing Operating Activities
2,134.47
+84.98%
1,153.87
+62.02%
712.18
+218.31%
223.74
Net Income From Continuing Operations
1,634.64
+249.34%
467.92
+115.26%
217.38
+158.58%
-371.09
Depreciation Amortization Depletion
26.14
-17.23%
31.59
-5.30%
33.35
+48.10%
22.52
Depreciation And Amortization
26.14
-17.23%
31.59
-5.30%
33.35
+48.10%
22.52
Other Non Cash Items
-21.61
-259.95%
13.51
+139.93%
-33.84
-901.33%
-3.38
Stock Based Compensation
684.03
-1.10%
691.64
+45.33%
475.90
-15.74%
564.80
Asset Impairment Charge
—
—
—
—
Deferred Tax
—
—
-4.81
-2662.07%
-0.17
Deferred Income Tax
—
—
-4.81
-2662.07%
-0.17
Unrealized Gain Loss On Investment Securities
21.23
+9.96%
19.31
+46.70%
13.16
-95.16%
272.11
Change In Working Capital
-209.96
-199.53%
-70.10
-1224.07%
6.24
+102.39%
-261.22
Change In Receivables
-450.43
-113.31%
-211.16
-98.91%
-106.16
-45.78%
-72.82
Changes In Account Receivables
-450.43
-113.31%
-211.16
-98.91%
-106.16
-45.78%
-72.82
Change In Prepaid Assets
51.98
+337.42%
11.88
+502.13%
-2.96
+88.09%
-24.81
Change In Payables And Accrued Expense
4.66
-95.19%
96.79
+359.54%
21.06
+186.57%
-24.33
Change In Accrued Expense
—
115.63
+118.61%
52.90
+857.03%
5.53
Change In Payable
4.66
-95.19%
96.79
+359.54%
21.06
+170.54%
-29.86
Change In Account Payable
4.66
-95.19%
96.79
+359.54%
21.06
+170.54%
-29.86
Change In Other Working Capital
238.69
+210.81%
76.80
-46.62%
143.86
+230.04%
-110.62
Change In Other Current Assets
—
4.68
+44.39%
3.24
-46.26%
6.03
Change In Other Current Liabilities
-54.86
-23.53%
-44.41
+10.41%
-49.57
-43.01%
-34.66
Investing Cash Flow
-2,783.55
-717.12%
-340.65
+87.44%
-2,711.18
-5868.21%
-45.43
Cash Flow From Continuing Investing Activities
-2,783.55
-717.12%
-340.65
+87.44%
-2,711.18
-5868.21%
-45.43
Net PPE Purchase And Sale
-33.88
-168.18%
-12.63
+16.41%
-15.11
+62.24%
-40.03
Purchase Of PPE
-33.88
-168.18%
-12.63
+16.41%
-15.11
+62.24%
-40.03
Capital Expenditure
-33.88
-168.18%
-12.63
+16.41%
-15.11
+62.24%
-40.03
Net Investment Purchase And Sale
-2,748.67
-737.96%
-328.02
+88.06%
-2,747.14
-3705.90%
-72.18
Purchase Of Investment
-7,774.98
-43.94%
-5,401.53
+4.17%
-5,636.41
-4427.23%
-124.50
Sale Of Investment
5,026.31
-0.93%
5,073.51
+75.60%
2,889.27
+5422.41%
52.32
Net Business Purchase And Sale
—
—
0.00
-100.00%
66.71
Purchase Of Business
—
—
—
—
Net Other Investing Changes
-1.00
+82.19%
-5.62
-110.99%
51.07
-23.52%
66.78
Financing Cash Flow
-26.91
-105.81%
463.36
+111.74%
218.84
+154.48%
86.00
Cash Flow From Continuing Financing Activities
-26.91
-105.81%
463.36
+111.74%
218.84
+154.48%
86.00
Net Issuance Payments Of Debt
—
—
0.00
0.00
Issuance Of Debt
—
—
—
0.00
Repayment Of Debt
—
—
0.00
0.00
Long Term Debt Issuance
—
—
—
0.00
Long Term Debt Payments
—
—
0.00
0.00
Net Long Term Debt Issuance
—
—
0.00
0.00
Net Common Stock Issuance
-74.98
-16.81%
-64.20
0.00
0.00
Common Stock Payments
-74.98
-16.81%
-64.20
0.00
0.00
Repurchase Of Capital Stock
-74.98
-16.81%
-64.20
0.00
0.00
Proceeds From Stock Option Exercised
129.11
-82.68%
745.40
+241.55%
218.24
+153.50%
86.09
Net Other Financing Charges
-81.03
+62.80%
-217.84
-36345.59%
0.60
+746.24%
-0.09
Changes In Cash
-675.99
-152.95%
1,276.57
+171.71%
-1,780.16
-773.52%
264.31
Effect Of Exchange Rate Changes
7.48
+210.85%
-6.75
-330.20%
2.93
+175.42%
-3.88
Beginning Cash Position
2,119.94
+149.37%
850.11
-67.64%
2,627.34
+11.00%
2,366.91
End Cash Position
1,451.42
-31.53%
2,119.94
+149.37%
850.11
-67.64%
2,627.34
Free Cash Flow
2,100.59
+84.06%
1,141.23
+63.72%
697.07
+279.44%
183.71
Interest Paid Supplemental Data
—
—
—
0.01
Income Tax Paid Supplemental Data
—
16.18
+19.71%
13.52
+365.39%
2.90
Common Stock Issuance
—
—
—
0.00
Issuance Of Capital Stock
—
—
—
0.00
Net Preferred Stock Issuance
—
—
—
—
Preferred Stock Issuance
—
—
—
—
Preferred Stock Payments
—
—
—
—
Sale Of Business
—
—
0.00
-100.00%
66.71
SEC Filings

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

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