PLTR Stock - Palantir Technologies Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.87B | $2.23B | $1.91B | $1.54B | $1.09B |
| Gross Profit | $2.30B | $1.79B | $1.50B | $1.20B | $740.13M |
| Gross Margin | 80.2% | 80.6% | 78.6% | 78.0% | 67.7% |
| Operating Income | $310.40M | $119.97M | $-161,201,000 | $-411,046,000 | $-1,173,679,000 |
| Net Income | $462.19M | $209.82M | $-373,705,000 | $-520,379,000 | $-1,166,391,000 |
| Net Margin | 16.1% | 9.4% | -19.6% | -33.7% | -106.7% |
| EPS | $0.21 | $0.10 | $-0.18 | $-0.27 | $-1.19 |
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. 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. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 5th 2025 | Deutsche Bank | Upgrade | Hold | $160 |
| July 25th 2025 | Piper Sandler | Initiation | Overweight | $170 |
| July 16th 2025 | Mizuho | Upgrade | Neutral | $135 |
| April 1st 2025 | Daiwa Securities | Initiation | Neutral | $90 |
| March 5th 2025 | William Blair | Upgrade | Market Perform | - |
| February 20th 2025 | Loop Capital | Initiation | Buy | $141 |
| February 4th 2025 | Morgan Stanley | Upgrade | Overweight | $95← $60 |
| January 23rd 2025 | Wedbush | Reiterated | Outperform | $90← $75 |
| January 17th 2025 | Cantor Fitzgerald | Initiation | Neutral | $72 |
| January 6th 2025 | Morgan Stanley | Resumed | Underweight | $60 |
| December 19th 2024 | UBS | Initiation | Neutral | $80 |
| December 12th 2024 | Robert W. Baird | Initiation | Neutral | $70 |
| November 7th 2024 | Argus | Downgrade | Hold | - |
| November 7th 2024 | Jefferies | Downgrade | Underperform | $28 |
| September 23rd 2024 | Raymond James | Downgrade | Market Perform | - |
Earnings History & Surprises
PLTREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 2, 2026 | $0.23 | — | — | — |
Q4 2025 | Nov 3, 2025 | $0.17 | $0.21 | +25.1% | ✓ BEAT |
Q3 2025 | Aug 4, 2025 | $0.14 | $0.16 | +15.8% | ✓ BEAT |
Q2 2025 | May 5, 2025 | $0.13 | $0.13 | +1.1% | ✓ BEAT |
Q1 2025 | Feb 3, 2025 | $0.11 | $0.14 | +27.3% | ✓ BEAT |
Q4 2024 | Nov 4, 2024 | $0.09 | $0.10 | +10.3% | ✓ BEAT |
Q3 2024 | Aug 5, 2024 | $0.08 | $0.09 | +11.8% | ✓ BEAT |
Q2 2024 | May 6, 2024 | $0.08 | $0.08 | +3.5% | ✓ BEAT |
Q1 2024 | Feb 5, 2024 | $0.08 | $0.08 | +5.8% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $0.06 | $0.07 | +16.7% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $0.05 | $0.05 | 0.0% | = MET |
Q2 2023 | May 8, 2023 | $0.04 | $0.05 | +25.4% | ✓ BEAT |
Q1 2023 | Feb 13, 2023 | $0.03 | $0.04 | +50.3% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $0.02 | $0.01 | -38.2% | ✗ MISS |
Q3 2022 | Aug 8, 2022 | $-0.00 | $-0.01 | -133.1% | ✗ MISS |
Q2 2022 | May 9, 2022 | $0.04 | $0.02 | -45.9% | ✗ MISS |
Q1 2022 | Feb 17, 2022 | $0.04 | $0.02 | -44.1% | ✗ MISS |
Q4 2021 | Nov 9, 2021 | $0.04 | $0.04 | +9.4% | ✓ BEAT |
Q3 2021 | Aug 12, 2021 | $0.04 | $0.04 | +13.0% | ✓ BEAT |
Latest News
Palantir shares are trading higher. AI and tech stocks have rebounded following strong guidance from Micron and soft November CPI.
📈 PositiveAccenture And Palantir Form Accenture Palantir Business Group, Palantir Names Accenture As Preferred Global Partner For Enterprise Reinvention
📈 Positive'Palantir CIO Jim Siders Leaves To Become Head Of Thrive Capital's New IT Services Business' - CNBC
➖ NeutralPalantir Announces Three-Year Renewal Of Multi-Year Contract With France's DGSI, Extending Nearly A Decade-Long Partnership
📈 PositivePalantir Sues CEO of Rival AI Firm, Alleges Widespread Effort to Poach Employees - WSJ
📉 NegativePalantir Technologies shares are trading higher after the company announced that it has been selected by the United States Navy to deploy Foundry and Artificial Intelligence Platform across Maritime Industrial Base.
📈 PositiveUS Navy Selects Palantir To Power ShipOS Across Shipbuilders, Public Shipyards, And Suppliers, Accelerating Shipbuilding With Data-Driven Operations
📈 PositivePalantir, TWG AI Partner With Teton Ridge And NVIDIA To Bring Real-Time AI, Computer Vision To Rodeo
📈 PositiveNorthslope Becomes Member Of Palantir Vanguard Network
📈 PositiveCubic And Plantir Forge Alliance To Accelerate Transformation And Deliver Outcomes For The U.S. Army
📈 Positive4 stocks to watch on Thursday: NVO, PLTR, DG, PSKY
➖ NeutralPalantir Launches 'Chain Reaction,' a New AI Infrastructure Operating System Backed by NVIDIA and CenterPoint Energy
📈 PositiveThey bet it all and became millionaires — inside the market's cult of Palantir
📈 PositiveShares of software stocks are trading higher after Fed Governor Waller called for a December rate cut.
📈 PositivePalantir shares are trading higher amid a broader rebound in tech and AI stocks.
📈 PositiveAccenture Acquires RANGR Data, A U.S.-Based Certified Palantir Partner; Terms Not Disclosed
📈 PositivePalantir Achieves Australian Information Security Registered Assessors Program Protected Level To Expand Secure Artificial Intelligence Software
📈 PositiveNVIDIA CFO Says Our New Partner Palantir Is Supercharging The Incredibly Popular Ontology Platform With Nvidia Cuda Libraries And AI Models For The First Time
📈 PositivePalantir And PwC Strengthen UK Partnership To Deliver Enterprise-Grade AI And Digital Transformation Across Public And Private Sectors
📈 PositiveShares of broader software stocks are trading lower. The tech sector has been under pressure amid AI valuation uncertainty and profit taking.
📉 NegativeFrequently Asked Questions about PLTR
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