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Updated 5h ago
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Palantir Technologies Inc.NasdaqGS:PLTR Stock Report

Market Cap US$407.4b
Updated 5h ago
Share Price
n/a
1Y0.9%
7D-9.1%
1D-2.2%
Portfolio Value
​
View

Palantir Technologies Inc.

NasdaqGS:PLTR Stock Report

Market Cap: US$407.4b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Palantir Technologies (PLTR) Stock Overview

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. More details

PLTR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 11% below our estimate of its fair value

Earnings are forecast to grow 32.94% per year

Earnings grew by 295.2% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the US market


PLTR Community Fair Values

Create Narrative

See what 2313 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
13.5% undervalued intrinsic discount
AnalystConsensusTarget
•8d ago

Enterprise AI Adoption Will Drive Sustained Gains Through Expanding Commercial Demand

2.2k
0
202
AN
AnalystHighTarget
35.0% undervalued intrinsic discount
AnalystHighTarget
•9mo ago

AI Adoption And Defense Modernization Will Drive Powerful Long Term Tailwinds

494
1
25
AN
AnalystLowTarget
66.2% overvalued intrinsic discount
AnalystLowTarget
•23d ago

AI Platform Adoption Cycles Will Eventually Normalize And Pressure Long-Term Earnings Momentum

1.3k
1
9

Top Community Narratives

GA
39.6% undervalued intrinsic discount
GaryB
•2mo ago

Palantir hits 52 week low.

718
0
120
RC
Emerging Author
80.6% overvalued intrinsic discount
rcb9
•1mo ago

The Fifty-Five Percent Margin Is A Tax Holiday, Not The Business

401
0
8
BL
BlackGoat
Recommended Voice
3.0% undervalued intrinsic discount
BlackGoat
•1mo ago

Palantir: Redefining Enterprise Software for the AI Era

4.5k
6
227

Top Community Narratives

Top Analyst Narratives

GA
39.6% undervalued intrinsic discount
GaryB
•2mo ago

Palantir hits 52 week low.

718
0
120
AN
AnalystConsensusTarget
13.5% undervalued intrinsic discount
AnalystConsensusTarget
•8d ago

Enterprise AI Adoption Will Drive Sustained Gains Through Expanding Commercial Demand

2.2k
0
202
RC
Emerging Author
80.6% overvalued intrinsic discount
rcb9
•1mo ago

The Fifty-Five Percent Margin Is A Tax Holiday, Not The Business

401
0
8
AN
AnalystHighTarget
35.0% undervalued intrinsic discount
AnalystHighTarget
•9mo ago

AI Adoption And Defense Modernization Will Drive Powerful Long Term Tailwinds

494
1
25
BL
BlackGoat
Recommended Voice
3.0% undervalued intrinsic discount
BlackGoat
•1mo ago

Palantir: Redefining Enterprise Software for the AI Era

4.5k
6
227
AN
AnalystLowTarget
66.2% overvalued intrinsic discount
AnalystLowTarget
•23d ago

AI Platform Adoption Cycles Will Eventually Normalize And Pressure Long-Term Earnings Momentum

1.3k
1
9
View all narratives

Palantir Technologies Inc. Competitors

Salesforce

Symbol: NYSE:CRM
Market cap: US$200.9b

Adobe

Symbol: NasdaqGS:ADBE
Market cap: US$101.3b

Intuit

Symbol: NasdaqGS:INTU
Market cap: US$83.9b

Synopsys

Symbol: NasdaqGS:SNPS
Market cap: US$75.4b

Price History & Performance

Summary of share price highs, lows and changes for Palantir Technologies
Historical stock prices
Current Share PriceUS$165.86
52 Week HighUS$207.52
52 Week LowUS$106.37
Beta1.62
1 Month Change-5.19%
3 Month Change29.59%
1 Year Change0.91%
3 Year Change947.76%
5 Year Change479.32%
Change since IPO1,645.89%

Recent News & Updates

Seeking Alpha • Sep 08

Palantir Is Out Of Catalysts (Rating Downgrade)

Summary Palantir Technologies Inc. delivered a record Q2 '26, with 93% YoY revenue growth and major beats in U.S. commercial and government segments. PLTR raised FY2026 guidance substantially, but its elevated valuation (108x P/E, 50x EV/Sales) and lack of near-term catalysts create downside risk. The AI sovereignty strategy advanced with Nebius as a preferred infrastructure partner and an expanded PwC alliance, reinforcing PLTR's differentiated enterprise AI positioning. I am downgrading PLTR stock not on fundamentals but due to timing, sentiment, and valuation overhang, with technicals suggesting further downside if support breaks. I hereon share my sentiment on Palantir and why I think the risk-reward is unfavorable at current levels. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Sep 08

Palantir Is Out Of Catalysts (Rating Downgrade)

Summary Palantir Technologies Inc. delivered a record Q2 '26, with 93% YoY revenue growth and major beats in U.S. commercial and government segments. PLTR raised FY2026 guidance substantially, but its elevated valuation (108x P/E, 50x EV/Sales) and lack of near-term catalysts create downside risk. The AI sovereignty strategy advanced with Nebius as a preferred infrastructure partner and an expanded PwC alliance, reinforcing PLTR's differentiated enterprise AI positioning. I am downgrading PLTR stock not on fundamentals but due to timing, sentiment, and valuation overhang, with technicals suggesting further downside if support breaks. I hereon share my sentiment on Palantir and why I think the risk-reward is unfavorable at current levels. Read the full article on Seeking Alpha
User avatar
Narrative Update • Sep 03

PLTR: AI Demand And Record Q2 Execution Will Drive Long-Term Upside

Analysts have lifted the Palantir Technologies price target from $185.70 to $191.68 as they factor in higher modeled revenue growth, stronger profit margins, and a lower assumed future P/E multiple following what several firms describe as an exceptional Q2 and reinforced AI demand. Analyst Commentary Recent research highlights a wide range of views on Palantir Technologies, with most firms reacting to the Q2 report and updated guidance.
User avatar
Narrative Update • Aug 19

PLTR: Record AI Wins Will Likely Struggle To Justify Lofty Expectations

Palantir Technologies' fair value estimate has been raised by analysts from $96.21 to $99.77. The change reflects updated assumptions for slightly higher revenue growth, a modestly higher discount rate, resilient profit margins and Street research that highlights what analysts describe as exceptional recent results, stronger U.S. commercial momentum and expanding AI partnerships.
User avatar
New Narrative • Aug 11

The Fifty-Five Percent Margin Is A Tax Holiday, Not The Business

Palantir's Q2 2026 was genuinely extraordinary: revenue of $1.935 billion grew 93% year over year, US commercial revenue grew 149%, and the company raised full-year guidance to roughly $8.15 billion, about 82% growth. That part of the story is real and it is the reason to be interested.
Analysis Article • Aug 11

Palantir Technologies' (NASDAQ:PLTR) Solid Earnings Are Supported By Other Strong Factors

Palantir Technologies Inc. ( NASDAQ:PLTR ) recently posted some strong earnings, and the market responded positively...
User avatar
Narrative Update • Aug 04

PLTR: Surging AI Demand Will Likely Outrun Execution And Regulatory Risks

Analysts have lifted their fair value estimate for Palantir Technologies from $90.50 to $96.21, citing higher Street price targets in the $156 to $245 range, supported by stronger recent revenue trends, record profitability, raised 2026 guidance, and ongoing traction for the company’s AI platform across U.S. commercial and government customers. Analyst Commentary Street research on Palantir Technologies has turned meaningfully more constructive in recent months, with several firms lifting price targets into a wide range from about US$80 to US$245 and, in some cases, upgrading ratings after what multiple analysts describe as exceptional quarterly results and stronger profitability.
User avatar
Narrative Update • Aug 03

Palantir: Redefining Enterprise Software for the AI Era

Earlier this year, I exited my Palantir position, expecting lower prices and a potential revisit to the $107–$120 range. While I maintained that it remains a great company, the valuation and price action did not look attractive in the near/medium term, leading me to seek better opportunities elsewhere.
User avatar
Narrative Update • Jun 26

PLTR: Elevated AI Hype Will Likely Outrun Execution And Regulatory Setbacks

Analysts have lifted their price target on Palantir Technologies to $90.50 from $87.03 as they factor in higher assumed revenue growth, improved profit margins, and a lower future P/E multiple that underpins the updated fair value estimate. Analyst Commentary Recent research on Palantir Technologies highlights a mix of optimism around its Artificial Intelligence Platform and concerns around how much of that story is already reflected in the stock.
User avatar
New Narrative • Jun 25

Palantir hits 52 week low.

Palantir has not stopped growing its earnings and revenue, making now an opportune time to initiate a position near its 52-week low. An effective strategy for a long-term position is to scale in across three buying increments.
Analysis Article • Jun 20

Palantir Technologies (PLTR) Stock Could Be 20% Overvalued Even If Growth Stays Strong

Palantir Technologies (PLTR) continues to attract attention as investors assess its position in data analytics and AI software, with the stock recently closing at $128.47 and a market value of about $308b. See our latest analysis for Palantir Technologies. Recent trading in Palantir Technologies has been choppy, with the share price down 6.5% over the past month and 14.7% over 90 days. The year to date share price return has declined 23.5%, while the three year total shareholder return...
User avatar
New Narrative • May 20

Palantir Will Anchor AI-Driven Growth in the Next Five Years

Palantir is evolving into the defining AI infrastructure company for the West, and its Q1 2026 results made that unmistakably clear. With U.S. revenue up 104% year over year, record deal value approaching $12B, and operational deployments like GE Aerospace’s 26% production lift and the Navy’s ShipOS cutting approval times from 200 hours to 15 seconds, Palantir is proving that AIP is not a demo—it’s the first real enterprise‑scale AI platform.
User avatar
New Narrative • May 16

Palantir is strategic geopolitical asset at the intersection of AI, defense, and Western alliances.

Investment Memorandum – Palantir Technologies Inc. (NYSE: PLTR) Date: May 2026 1.
User avatar
New Narrative • Mar 18

My take on Palantir

For me, the story behind this company is the following. I read Alex Carpe's book, The Philosopher in the Valley, and I loved how structured and driven he was.
User avatar
New Narrative • Mar 03

Analysis of Palantir Technologies: Commercial Acceleration and Financial Maturity

Palantir Technologies Inc. has evolved from a specialized government contractor into a broad-market software provider.
User avatar
New Narrative • Feb 24

Palantir: High-Quality AI Infrastructure, but Valuation Leaves Little Room for Error

Palantir’s story is about becoming the decision engine inside complex organisations. While it is often described as an artificial intelligence company, its real strength lies in integrating data, software, and operational workflows into systems that organisations depend on to make critical decisions.
User avatar
New Narrative • Feb 23

Valuation Analysis of Palantir Technologies: Growth Assumptions and Market Expectations

Palantir Technologies builds software that allows governments and large organisations to integrate, analyse, and act on complex data. It's platforms, such as Gotham for defence and intelligence and Foundry for commercial enterprises, help users make operational and strategic decisions.
Analysis Article • Feb 06

Need To Know: Analysts Are Much More Bullish On Palantir Technologies Inc. (NASDAQ:PLTR)

Shareholders in Palantir Technologies Inc. ( NASDAQ:PLTR ) may be thrilled to learn that the analysts have just...
User avatar
Narrative Update • Jan 31

Stepping Aside on Palantir

I’ve exited my Palantir position, expecting lower prices. We could revisit the 120–107 range.
User avatar
Narrative Update • Nov 09

Palantir Stock: AI Flywheel Is Now a Cash Machine

Palantir Technologies (NYSE: PLTR) just delivered what may be its most important quarter yet. Revenue grew 63% year-over-year to $1.18 billion , while profitability reached new highs with 40% GAAP net income margins.
User avatar
Narrative Update • Nov 03

Palantir: Redefining Enterprise Software for the AI Era

Palantir Did It Again! Palantir came into Q2 priced for perfection...
User avatar
Narrative Update • Aug 06

Palantir: Redefining Enterprise Software for the AI Era

Palantir Did It Again! Palantir came into Q2 priced for perfection...
Seeking Alpha • Apr 28

Palantir Q1 Earnings Preview: Nothing Stops The AI Train

Summary I reiterate my "buy" rating for Palantir as the company reports its Q1 earnings on 5th of May, where revenue and EPS are expected to grow 35.9% and 62.9% YoY respectively. I had upgraded my rating to “buy” in March on the back of a strong Q4 FY24 earnings and since then the stock is up 25%, hugely outperforming the S&P500. The last two weeks saw some notable developments in the federal space, where NATO acquired Palantir’s Maven Smart System and it also teamed up with Google for its FedStart initiative. Despite a noisy macro backdrop, AI continues to remain a robust growth vector as is evidenced by latest earnings reports from ASML, TSMC, Google and ServiceNow. As a result, I remain optimistic that Palantir is headed higher as we enter the application phase of the AI Revolution, with a price target of $134. Read the full article on Seeking Alpha

Shareholder Returns

PLTRUS SoftwareUS Market
7D-9.1%-4.3%-2.2%
1Y0.9%-9.5%13.1%

Return vs Industry: PLTR exceeded the US Software industry which returned -9.5% over the past year.

Return vs Market: PLTR underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is PLTR's price volatile compared to industry and market?
PLTR volatility
PLTR Average Weekly Movement11.4%
Software Industry Average Movement9.3%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: PLTR's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: PLTR's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20034,401Alex Karpwww.palantir.com

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. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off 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 helps 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 Inc. Fundamentals Summary

How do Palantir Technologies's earnings and revenue compare to its market cap?
PLTR fundamental statistics
Market capUS$407.39b
Earnings (TTM)US$3.02b
Revenue (TTM)US$6.16b
132.1x
P/E Ratio
64.7x
P/S Ratio

Is PLTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLTR income statement (TTM)
RevenueUS$6.16b
Cost of RevenueUS$935.94m
Gross ProfitUS$5.22b
Other ExpensesUS$2.20b
EarningsUS$3.02b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.26
Gross Margin84.80%
Net Profit Margin49.00%
Debt/Equity Ratio0%

How did PLTR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:37
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

Palantir Technologies Inc. is covered by 41 analysts. 30 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
Thomas BlakeyCantor Fitzgerald & Co.

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