Palantir Technologies Inc.

BUL:PTX Stock Report

Market Cap: €180.4b

Palantir Technologies Valuation

Is PTX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PTX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PTX (€71.12) is trading above our estimate of fair value (€32.92)

Significantly Below Fair Value: PTX is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PTX?

Key metric: As PTX barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PTX. This is calculated by dividing PTX's market cap by their current book value.
What is PTX's PB Ratio?
PB Ratio41.7x
BookUS$4.50b
Market CapUS$187.66b

Price to Book Ratio vs Peers

How does PTX's PB Ratio compare to its peers?

The above table shows the PB ratio for PTX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average38x
INTU Intuit
10x17.3%US$180.7b
ADBE Adobe
14x12.8%US$197.2b
APP AppLovin
122.3x32.6%US$114.7b
CRM Salesforce
5.6x14.4%US$329.6b
PTX Palantir Technologies
41.7x23.6%€187.7b

Price-To-Book vs Peers: PTX is expensive based on its Price-To-Book Ratio (41.7x) compared to the peer average (38x).

Price to Book Ratio vs Industry

How does PTX's PB Ratio compare vs other companies in the European Software Industry?

35 CompaniesPrice / BookEstimated GrowthMarket Cap
PTX 41.7xIndustry Avg. 2.6xNo. of Companies47PB02.44.87.29.612+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PTX is expensive based on its Price-To-Book Ratio (41.7x) compared to the European Software industry average (2.6x).

Price to Book Ratio vs Fair Ratio

What is PTX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PTX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio41.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PTX's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PTX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€71.12
€42.34
-40.5%
44.9%€77.16€10.61n/a18
Dec ’25€62.99
€37.70
-40.1%
43.5%€71.46€10.48n/a16
Nov ’25n/a
€25.96
0%
37.0%€46.03€8.28n/a17
Oct ’25n/a
€23.98
0%
37.7%€44.93€8.09n/a16
Sep ’25n/a
€22.78
0%
28.1%€34.22€8.10n/a17
Aug ’25€25.12
€21.39
-14.8%
27.6%€32.38€8.33n/a16
Jul ’25n/a
€19.99
0%
30.6%€32.67€8.40n/a17
Jun ’25€19.69
€19.94
+1.2%
31.4%€32.45€8.34n/a16
May ’25€21.32
€19.06
-10.6%
33.4%€32.88€4.70n/a18
Apr ’25n/a
€18.64
0%
33.4%€32.59€4.66n/a18
Mar ’25n/a
€17.32
0%
30.8%€27.89€4.65n/a16
Feb ’25n/a
€14.40
0%
35.6%€23.14€4.63n/a16
Jan ’25n/a
€14.24
0%
35.0%€22.79€4.56n/a16
Dec ’24n/a
€14.24
0%
35.0%€22.79€4.56€62.9916
Nov ’24n/a
€13.18
0%
37.3%€23.66€4.73n/a16
Oct ’24n/a
€13.33
0%
37.7%€23.61€4.72n/a16
Sep ’24n/a
€12.81
0%
39.3%€23.04€4.61n/a15
Aug ’24n/a
€10.80
0%
48.2%€22.76€4.55€25.1214
Jul ’24n/a
€9.30
0%
41.9%€16.49€4.58n/a13
Jun ’24€13.53
€8.27
-38.9%
29.4%€14.04€4.68€19.6914
May ’24n/a
€8.02
0%
31.2%€13.75€4.58€21.3215
Apr ’24n/a
€8.25
0%
32.3%€14.18€4.73n/a14
Mar ’24n/a
€8.25
0%
32.3%€14.18€4.73n/a14
Feb ’24n/a
€7.76
0%
37.4%€13.80€4.14n/a13
Jan ’24n/a
€8.61
0%
37.1%€14.14€4.24n/a12
Dec ’23€6.99
€9.40
+34.6%
32.8%€14.49€4.83n/a11

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 05:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Palantir Technologies Inc. is covered by 33 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PowerBaird
Mariana Perez MoraBofA Global Research
Janice QuekCFRA Equity Research