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PLTR

Palantir Technologies NYSE:PLTR Stock Report

Last Price

US$9.62

Market Cap

US$19.7b

7D

16.7%

1Y

-64.9%

Updated

27 Jun, 2022

Data

Company Financials +
PLTR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PLTR Stock Overview

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.

Palantir Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palantir Technologies
Historical stock prices
Current Share PriceUS$9.62
52 Week HighUS$29.29
52 Week LowUS$6.44
Beta0
1 Month Change8.70%
3 Month Change-32.25%
1 Year Change-64.87%
3 Year Changen/a
5 Year Changen/a
Change since IPO1.26%

Recent News & Updates

Jun 22

Palantir: Panic Time

Short interest in Palantir dropped by nearly 19% in the last cycle. Palantir saw one of the highest short unwinding amongst its peer group. Palantir stock seems to be forming a bottom, and it may not have much downside potential from current levels.

Jun 16

Palantir: Much Ado About Nothing

In this article, we'll see how Palantir stands to be affected by rising interest rates from a financial standpoint. Although the macroeconomic outlook is gloomy, Palantir's revenue growth may continue on in the foreseeable future at least. The stock is trading at attractive valuations when compared to 90 other software infrastructure stocks.

Jun 06

Palantir's Hype Train Crashed - The Bears Could Have Been Right After All

Since our last bullish articles, we believe it is time for us to take a step back and understand the market dynamics, especially for PLTR stock. Given its "meme stock status," lack of GAAP profitability, historical SBC, the PLTR stock had been bashed often times by its own investors. Given the softer FQ2'22 guidance and potential recession affecting commercial growth, PLTR stock could further retrace to new lows. That would prove the bears right and the old bullish me wrong. Only time will tell.

May 31

Palantir: Smashing SBC Myths

Palantir stock is perplexing because it has strong revenue growth and strong cash flows, but also a lot of stock-based compensation (SBC). Its operating cash flow has been positive for over a year but GAAP earnings are always negative due to SBC and other non-cash costs. In this article, I unravel the mystery surrounding Palantir's stock-based compensation and other employee benefits. Ultimately, I conclude that the stock is a 'hold' because its non-cash costs offset its cash flows significantly.

Shareholder Returns

PLTRUS SoftwareUS Market
7D16.7%9.9%6.6%
1Y-64.9%-17.9%-18.4%

Return vs Industry: PLTR underperformed the US Software industry which returned -17.9% over the past year.

Return vs Market: PLTR underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is PLTR's price volatile compared to industry and market?
PLTR volatility
PLTR Average Weekly Movement12.8%
Software Industry Average Movement11.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: PLTR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: PLTR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20033,057Alex Karphttps://www.palantir.com

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.

Palantir Technologies Fundamentals Summary

How do Palantir Technologies's earnings and revenue compare to its market cap?
PLTR fundamental statistics
Market CapUS$19.69b
Earnings (TTM)-US$498.28m
Revenue (TTM)US$1.65b

12.0x

P/S Ratio

-39.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLTR income statement (TTM)
RevenueUS$1.65b
Cost of RevenueUS$359.70m
Gross ProfitUS$1.29b
Other ExpensesUS$1.79b
Earnings-US$498.28m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.24
Gross Margin78.16%
Net Profit Margin-30.25%
Debt/Equity Ratio0%

How did PLTR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PLTR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.6x
Enterprise Value/EBITDA-54.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PLTR's PS Ratio compare to its peers?

PLTR PS Ratio vs Peers
The above table shows the PS ratio for PLTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average14.1x
ANSS ANSYS
11.1x8.1%US$22.4b
TTD Trade Desk
18.6x21.0%US$24.1b
PAYC Paycom Software
15.6x18.8%US$17.8b
HUBS HubSpot
11.3x24.2%US$16.4b
PLTR Palantir Technologies
12.7x26.3%US$20.9b

Price-To-Sales vs Peers: PLTR is good value based on its Price-To-Sales Ratio (12x) compared to the peer average (13.9x).


Price to Earnings Ratio vs Industry

How does PLTR's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Sales vs Industry: PLTR is expensive based on its Price-To-Sales Ratio (12x) compared to the US Software industry average (4.7x)


Price to Sales Ratio vs Fair Ratio

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

PLTR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12x
Fair PS Ratio16.8x

Price-To-Sales vs Fair Ratio: PLTR is good value based on its Price-To-Sales Ratio (12x) compared to the estimated Fair Price-To-Sales Ratio (16.8x).


Share Price vs Fair Value

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

Below Fair Value: PLTR ($9.62) is trading below our estimate of fair value ($24.64)

Significantly Below Fair Value: PLTR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PLTR's PEG Ratio to determine if it is good value.


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Future Growth

How is Palantir Technologies forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


68.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLTR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PLTR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PLTR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PLTR's revenue (26.3% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: PLTR's revenue (26.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PLTR is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Palantir Technologies performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PLTR is currently unprofitable.

Growing Profit Margin: PLTR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PLTR is unprofitable, and losses have increased over the past 5 years at a rate of 5% per year.

Accelerating Growth: Unable to compare PLTR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PLTR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).


Return on Equity

High ROE: PLTR has a negative Return on Equity (-21.07%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Palantir Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PLTR's short term assets ($2.9B) exceed its short term liabilities ($669.1M).

Long Term Liabilities: PLTR's short term assets ($2.9B) exceed its long term liabilities ($285.3M).


Debt to Equity History and Analysis

Debt Level: PLTR is debt free.

Reducing Debt: PLTR had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PLTR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PLTR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 86% per year.


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Dividend

What is Palantir Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PLTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PLTR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PLTR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLTR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PLTR has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Alex Karp (54 yo)

19.42yrs

Tenure

US$4,483,614

Compensation

Dr. Alexander C. Karp, also known as Alex, Co-Founded Palantir Technologies, Inc. in 2003 and serves as its Chief Executive Officer and Director since 2003. He was President at Palantir Technologies Inc. D...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD4.48M) is below average for companies of similar size in the US market ($USD13.43M).

Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PLTR's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: PLTR's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.1%.


Top Shareholders

Company Information

Palantir Technologies Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Palantir Technologies Inc.
  • Ticker: PLTR
  • Exchange: NYSE
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$19.688b
  • Shares outstanding: 2.05b
  • Website: https://www.palantir.com

Number of Employees


Location

  • Palantir Technologies Inc.
  • 1555 Blake Street
  • Suite 250
  • Denver
  • Colorado
  • 80202
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.