After moving 5.2% during today's afternoon session, Palantir Technologies is now trading at a price of $18.91 per share. On average, analysts give it a target price of $14.25.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.
Palantir Technologies Investors Should Consider This:
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Palantir Technologies has moved 138.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 0.85. A number between 0 and 1 could mean that the market is undervaluing Palantir Technologies's estimated growth potential
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Its Price to Book (P/B) ratio is 12.82
Understanding Palantir Technologies's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 2,045,007 | 1,684,369 | -2 | 75.0 |
| 2022 | 1,905,871 | 1,658,523 | -8 | 70.37 |
| 2021 | 1,541,889 | 1,613,531 | -27 | 74.77 |
| 2020 | 1,092,673 | 1,913,805 | -107 |
Palantir Technologies's operating margins averaged -40.25% over the last 4 years, and they displayed a coefficient of variability of 56.2%. On the other hand, we note that the firm's margins are growing at a 64.7% compounded average yearly rate.
