Last price: $86.10
52w range:
$20.33
to
$125.41
52w change:
324.00%
to
-31.00%
Forward PE: 183.19
Trailing EPS: 0.19
50d average: $87.79
(-2%)
200d average: $53.57
(61%)
Open: $84.56
Previous close: $83.89
Change: $2.21
(2.63%)
Day high: $87.99
Day low: $82.86
Volume: 89.06 million
Avg. vol 3m: 95.92 million
NasdaqGS
NYSE:PLTR
Cap: 201.94 billion
Shares outstanding: 2.2 billion
Price hint: 2
Price to book: 40.25
Yahoo Quote
Palantir Technologies Inc. (ticker: PLTR) is a global software company based in the U.S. They specialize in creating software that integrates, visualizes, secures, and analyzes information. Initially, the company was heavily focused on government and defense contracts, working with organizations like the CIA, Department of Defense, and FBI. However, lately, they have diversified their client base to include organizations in numerous sectors, including finance, legal research, and healthcare.
As of September 2020, Palantir went public through a direct listing method, bypassing the traditional IPO route. Since then, the stock has seen significant volatility. Though Palantir has yet to turn a profit after years of operating, its top-line revenue growth is significant.
One of Palantir's greatest strengths is its defensible market position, as there are very few companies that can match its capabilities in data integration and analysis on such a large scale. However, concerns around the company revolve around its profitability potential, reliance on government contracts (about 50% of their total revenue), and the competitive technology sector.
Prospective investors should also note that its corporate governance structure gives much of the voting control to its three founders, which could potentially leave smaller shareholders with a limited say in the company's strategic decisions.
Like with any investment, it's important to do thorough research and understand your risk tolerance prior to investing in Palantir or any other company.