| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.62 |
| 52 Week High | US$29.29 |
| 52 Week Low | US$6.44 |
| Beta | 0 |
| 1 Month Change | 8.70% |
| 3 Month Change | -32.25% |
| 1 Year Change | -64.87% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 1.26% |
Recent News & Updates
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.
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.
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.
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
| PLTR | US Software | US Market | |
|---|---|---|---|
| 7D | 16.7% | 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
| PLTR volatility | |
|---|---|
| PLTR Average Weekly Movement | 12.8% |
| Software Industry Average Movement | 11.1% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 3,057 | Alex Karp | https://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
| PLTR fundamental statistics | |
|---|---|
| Market Cap | US$19.69b |
| Earnings (TTM) | -US$498.28m |
| Revenue (TTM) | US$1.65b |
12.0x
P/S Ratio-39.5x
P/E RatioIs PLTR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLTR income statement (TTM) | |
|---|---|
| Revenue | US$1.65b |
| Cost of Revenue | US$359.70m |
| Gross Profit | US$1.29b |
| Other Expenses | US$1.79b |
| Earnings | -US$498.28m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.24 |
| Gross Margin | 78.16% |
| Net Profit Margin | -30.25% |
| Debt/Equity Ratio | 0% |
How did PLTR perform over the long term?
See historical performance and comparisonValuation
Is PLTR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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.
| What is PLTR's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$19.69b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 10.6x |
| Enterprise Value/EBITDA | -54.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does PLTR's PS Ratio compare to its peers?
| PLTR PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.1x | ||
ANSS ANSYS | 11.1x | 8.1% | US$22.4b |
TTD Trade Desk | 18.6x | 21.0% | US$24.1b |
PAYC Paycom Software | 15.6x | 18.8% | US$17.8b |
HUBS HubSpot | 11.3x | 24.2% | US$16.4b |
PLTR Palantir Technologies | 12.7x | 26.3% | 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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 12x |
| Fair PS Ratio | 16.8x |
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.
Discover undervalued companies
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
2/6Future 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
0/6Past 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
6/6Financial 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
0/6Dividend 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.