What Should You know About Palantir Technologies (PLTR) Before Investing?

Palantir Technologies logged a -0.5% change during today's evening session, and is now trading at a price of $15.13 per share. On average, analysts give it a target price of $14.11.

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 company is based in the United States.

Make Sure to Consider the Following Before Buying Palantir Technologies:

  • Palantir Technologies has moved 94.0% over the last year.

  • PLTR has a forward P/E ratio of 56.0 based on its EPS guidance of 0.27.

  • Over the last 3 years, earnings per share (EPS) have been growing at a compounded average rate of 74.4%.

  • The company has a price to earnings growth (PEG) ratio of 0.8.

  • Its Price to Book (P/B) ratio is 11.0

Palantir Technologies Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-21 223,737 -40,027 263,764 -23.87
2022-02-24 333,851 -12,627 346,478 221.84
2021-02-12 -296,608 -12,236 -284,372

Palantir Technologies's free cash flows have a decent average of $108.62 Million over the last 3 years, but they are highly variable since their coefficient of variability is 519544610.8%. The compounded average growth rate over this period is 0.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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