Understanding Palantir Technologies – A Brief Overview

By Naomi Wentworth • Tuesday, February 06 15:34 • Permanent Link

With gains of 29.5%, Palantir Technologies was one of the winners on Wall Street today. Its shares are now trading at $21.65 and have logged a 0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Palantir Technologies has moved 100.7% over the last year, and the S&P 500 logged a change of 18.7%
PLTR has an average analyst rating of hold and is 40.95% away from its mean target price of $15.36 per share
Its trailing earnings per share (EPS) is $0.07
Palantir Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 309.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $0.36 and its forward P/E ratio is 60.1
The company has a Price to Book (P/B) ratio of 13.62 in contrast to the S&P 500's average ratio of 2.95
Palantir Technologies is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
PLTR has reported YOY quarterly earnings growth of 170.8% and gross profit margins of 0.8%
The company has a free cash flow of $183.51 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways 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 enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.

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.