Palantir Technologies has moved -3.4% so far today on a volume of 24,331,939, compared to its average of 34,445,833. In contrast, the S&P 500 index moved -1.7%. Over the last 52 weeks, the stock moved -65.7%, with a high of $19.25 and a low of $6.04. During this time, the stock lagged the S&P 500 index by -47.7%. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The large-cap Technology company has 3,712 full time employees and is based in Denver, CO. Palantir Technologies has not offered any dividends in the last year.
Snapshot of the Company's Financials:
| 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $595 | $743 | $1,093 | $1,542 |
| Revenue Growth | n/a | 24.7% | 47.2% | 41.1% |
| Gross Margins | 72.22% | 67.36% | 67.74% | 77.99% |
| Gross Margins Growth | n/a | -6.73% | 0.56% | 15.13% |
| Operating Margins | -104.71% | -77.63% | -107.41% | -26.66% |
| Operating Margins Growth | n/a | 25.86% | -38.36% | 75.18% |
| Earnings Per Share | $-1.17 | $-1.02 | $-1.2 | $-0.27 |
| EPS Growth | n/a | 12.82% | -17.65% | 77.5% |
| Free Cash Flow (MM) | $-52 | $-178 | $-309 | $321 |
| FCF Growth | n/a | -242.8% | -73.21% | 204.01% |
| Net Debt / EBITDA | 1.86 | 1.24 | 1.55 | 4.79 |
Basic Valuation Metrics Show Palantir technologies Is Overvalued:
Compared to the Technology sector's average of 26.5, Palantir Technologies has a trailing twelve month price to earnings (P/E) ratio of -24.9 and, based on its Eps guidance of 0.16, an expected P/E ratio of 39.3. The firm's price to earnings growth (PEG) is 5.93, which indicates that it is overvalued in terms of its expected rate of earnings growth. . Palantir Technologies's price to book (P/B) ratio is 5.5 compared to its sector average of 5.57.
There is Mixed market sentiment About Palantir Technologies:
13 analysts are following Palantir Technologies and have set target prices ranging from $4.5 to $15 per share. On average, they have given the company a rating of hold. At today's prices, PLTR is trading -31.12% away from its average analyst target price of $9.12 per share, implying an analyst consensus of strong upside potential for the stock. The company has an average amount of shares sold short since 7.0% of the company's shares are tied to short positions. Institutions own 35.0% of Palantir Technologies's shares, while the insider ownership rate stands at 11.33%. The biggest shareholder is the Vanguard Group, Inc. with a 7.96% stake in the company worth approximately $989,465,801.
