What Are the Fundamentals Of PLTR?

By Tamara Parker • Thursday, July 24 09:56 • Permanent Link

Palantir Technologies logged a -0.4% change during today's morning session, and is now trading at a price of $154.01 per share. The S&P 500 index moved 0.0%. PLTR's trading volume is 6,884,259 compared to the stock's average volume of 84,652,296.

Palantir Technologies trades 43.02% away from its average analyst target price of $107.68 per share. The 22 analysts following the stock have set target prices ranging from $40.0 to $160.0, and on average have given Palantir Technologies a rating of hold.

If you are considering an investment in PLTR, you'll want to know the following:

Palantir Technologies's current price is 5120.7% above its Graham number of $2.95, which implies that at its current valuation it does not offer a margin of safety
Palantir Technologies has moved 480.7% over the last year, and the S&P 500 logged a change of 17.8%
Based on its trailing earnings per share of 0.23, Palantir Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 669.6 while the S&P 500 average is 29.3
PLTR has a forward P/E ratio of 327.7 based on its forward 12 month price to earnings (EPS) of $0.47 per share
Its Price to Book (P/B) ratio is 66.99 compared to its sector average of 4.19
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, the company has 4,001 full time employees and a market cap of $363.45 Billion.

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.