Shares of Technology sector company Palantir Technologies moved 2.1% today, and are now trading at a price of $17.87. The large-cap stock's daily volume was 39,616,757 compared to its average volume of 61,814,663. The S&P 500 index returned a 1.0% performance.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company is based in Denver and has 3,810 full time employees. Its market capitalization is $38,884,941,824.
14 analysts are following Palantir Technologies and have set target prices ranging from $5.0 to $25.0 per share. On average, they have given the company a rating of hold. At today's prices, PLTR is trading 15.81% away from its average analyst target price of $15.43 per share.
Over the last year, PLTR's share price has increased by 138.1%, which represents a difference of 121.9% when compared to the S&P 500. The stock's 52 week high is $21.85 per share whereas its 52 week low is $5.92. With average free cash flows of $158.56 Million that have been growing at an average rate of 18.6% over the last 6 years, Palantir Technologies is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 489,774 | 15,172 | 474,602 | 158.34 |
| 2022 | 223,737 | 40,027 | 183,710 | -42.81 |
| 2021 | 333,851 | 12,627 | 321,224 | 204.01 |
| 2020 | -296,608 | 12,236 | -308,844 | -192.83 |
| 2019 | 334,833 | 2,149 | 332,684 | 739.58 |
| 2018 | -39,012 | 13,004 | -52,016 |
