Shares of Palantir Technologies have moved 6.5% today, and are now trading at a price of $79.04. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 92,782,536 compared to the stock's average volume of 70,142,238.
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. Based in Denver, United States the company has 3,892 full time employees and a market cap of $180,054,704,128.
The company is now trading 80.06% away from its average analyst target price of $43.9 per share. The 18 analysts following the stock have set target prices ranging from $11.0 to $80.0, and on average give Palantir Technologies a rating of hold.
Over the last 52 weeks, PLTR stock has risen 326.2%, which amounts to a 302.9% difference compared to the S&P 500. The stock's 52 week high is $80.91 whereas its 52 week low is $15.66 per share. Based on Palantir Technologies's average net margin growth of 1.6% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 2,225,012 | 209,825 | 9 | 145.0 |
| 2022 | 1,905,871 | -373,705 | -20 | 41.18 |
| 2021 | 1,541,889 | -520,379 | -34 | 68.22 |
| 2020 | 1,092,673 | -1,166,391 | -107 | -37.18 |
| 2019 | 742,555 | -579,646 | -78 | 19.59 |
| 2018 | 595,409 | -580,027 | -97 |
