Key Factors to Evaluate Before Investing in Palantir Technologies (PLTR)

More and more people are talking about Palantir Technologies over the last few weeks. Is it worth buying the Software stock at a price of $21.32? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Palantir Technologies has moved 83.8% over the last year, and the S&P 500 logged a change of 26.5%

  • PLTR has an average analyst rating of hold and is -0.58% away from its mean target price of $21.45 per share

  • Its trailing earnings per share (EPS) is $0.12

  • Palantir Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 177.7 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $0.39 and its forward P/E ratio is 54.7

  • The company has a Price to Book (P/B) ratio of 12.58 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 401.8% and gross profit margins of 0.8%

  • The company has a free cash flow of $559.68 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 to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. 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 delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered 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.

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