PLTR logo
Palantir Technologies Inc.
PLTR
172.56 (-0.21%) 0.36
Market cap
$414.67(B)
Earnings date
Nov-02-2026
Category
Sector
Information Technology
Industry
Software
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. 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 that provides unified access to open-source self-hosted and commercial large language models (LLMs) 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 also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric aerial and land-based ISR missions. The company has a strategic collaboration with NVIDIA to deliver an intelligent engine for running NVIDIA AI and Nemotron open models in sovereign environments and with PwC to transform critical business operations and deliver measurable enterprise value. The company was incorporated in 2003 and is headquartered in Aventura Florida.
EV: $386.01(B)
Total Equity: $9.88(B)
Debt/Equity: 0.02
Dividend/share: $0.0
Div. yield: 0.00%
P/E: 136.95
Forward P/E: 107.18
P/FCF: 123.26
P/S: 66.88
P/B: 42.40
EPS: $1.3
EPS (fwd): $1.6
FCF/share: $1.4
Revenue/share: $2.6
Book value/share: $4.1
ROIC: 18.5%
ROA: 15.8%
ROE: 19.8%
Margins: Gross | Op. | Net
84.8% | 21.8% | 49.0%
0.0%of Portfolio
My holdings
Day change
Total change
PEvaluation
10%
$189
Valuation summary
Min
Max
Average
Median
Valuation comparison
Current price$173
Quality checklist score
7/8
Based on your selected metrics.
ROIC > 10% Debt/Equity < 1 Current Ratio > 1 Quick Ratio > 1 Net Margin > 10% Past Net Income CAGR > 0% Est. EPS Growth > 5%
5Y Shares Out Change < 0%

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$6.16(B)
Gross profit$5.22(B)
EBITDA$2.66(B)
Net income$3.02(B)
Gross margin84.8%
Operating margin21.8%
Net margin49.0%
Shares outstanding2.40(B)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$11.68(B)
Current assets$11.10(B)
Total liabilities$1.79(B)
Current liabilities$1.54(B)
Cash & Short-term inv.$9.41(B)
Long-term debt$0
Total intangibles$18.06(M)
PP&E$291.67(M)

Cash flow (TTM)

CFOCFICFF
FCF$3.36(B)
CapEx$-42.02(M)
Dividends paid$0
Stock issued$43.66(M)
Stock repurchased$-156.10(M)
Stock-based comp.$835.52(M)
Debt issued$0
Debt repaid$0

Per share data (TTM)

Price
Price
$173
Income
Revenue
$2.5866.9x|1.5%
Gross profit
$2.1779.4x|1.3%
Earnings (EPS)
$1.26137.0x|0.7%
Cash flow
FCF
$1.40123.3x|0.8%
Stock-based comp.
$0.35496.3x|0.2%
CapEx
$0.029868.4x|0.0%
Dividend
$0.00|0.0%
Balance sheet
Total assets
$4.8635.5x|2.8%
Total liabilities
$0.75231.2x|0.4%
Book value
$4.0742.4x|2.4%
Cash & ST inv.
$3.9244.1x|2.3%
Debt
$0.00|0.0%
Forward earnings
EPS FY+1
$1.61107.2x|0.9%
EPS FY+2
$2.3374.1x|1.4%
EPS FY+3
$3.3551.5x|1.9%
EPS FY+4
$5.4331.8x|3.1%
EPS FY+5
$9.1118.9x|5.3%
Forward FCF
FCF FY+1
$1.9190.1x|1.1%
FCF FY+2
$2.9259.2x|1.7%
FCF FY+3
$4.1841.3x|2.4%
FCF FY+4
$5.3632.2x|3.1%
FCF FY+5
$7.4323.2x|4.3%

Summary

PLTR Valuation & Price Targets

Favorite Valuation Methods

PEvaluation
Analyst targets
DCF (2-stage)

More Valuation Methods

DCF (simple)
DCF (exit mult.)
DDM
EPS growth
Revenue growth
Peter Lynch FV
Graham No.

PEvaluation

CURRENT PRICE
$173
10% Undervalued
BEAR
BASE
BULL
Fair P/E
Margin of safety
EPS
Market Model
ROICRevenue growthFCF MarginShares outstan...Debt/EquityDebt/EBITDA
Economic moat: Wide

EPS Estimates

LowAvgHigh#
FY+11.31.61.829
FY+21.62.32.929
FY+32.23.45.015
FY+42.95.48.53
FY+53.89.114.42

Analyst Price Targets

CURRENT PRICE
$173
19% Undervalued
BEAR
BASE
BULL

Analyst Recommendations

Strong Buy1
Buy20
Hold9
Sell1
Strong Sell1

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
Low
Mid
High
Terminal Growth Rate
Low
Mid
High
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Low
Mid
High
Final Growth Rate
Low
Mid
High
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
Low
Mid
High
Final P/E
Low
Mid
High
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
Low
Mid
High
Final Net Margin
Low
Mid
High
Final P/E Ratio
Low
Mid
High
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate
Low
Mid
High

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Low
Mid
High
Government Bond Rate

Growth Estimates

Revenue

CAGR48.3%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$6.16(B)
FY+1
29
33%
$8.19(B)
FY+2
30
49%
$12.21(B)
FY+3
16
45%
$17.76(B)
FY+4
4
60%
$28.36(B)
FY+5
3
56%
$44.21(B)

Net Income

CAGR26.7%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$3.02(B)
FY+1
24
36%
$4.11(B)
FY+2
24
46%
$5.99(B)
FY+3
12
40%
$8.38(B)
FY+4
2
22%
$10.19(B)
FY+5
1
3%
$9.85(B)

EPS

CAGR48.5%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$1.26
FY+1
29
28%
$1.61
FY+2
29
45%
$2.33
FY+3
15
44%
$3.35
FY+4
3
62%
$5.43
FY+5
2
68%
$9.11

FCF per share

CAGR39.6%
TTMFY+1FY+2FY+3FY+4FY+5
TTM
$1.40
FY+1
11
37%
$1.91
FY+2
11
52%
$2.92
FY+3
7
43%
$4.18
FY+4
3
28%
$5.36
FY+5
2
39%
$7.43

Historical Financials (in USD)

Income(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)-1.0(B)0.01.0(B)2.0(B)3.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomeOther Non-operating IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0500.0(M)1.0(B)1.5(B)
Stock-based Comp. FCFCFONet IncomeD&AChange in Working CapitalCFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.0(B)4.0(B)6.0(B)8.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)-1.0-0.50.00.5
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.040.060.080.0100.0
P/E P/S EV/EarningsP/FCFP/BDebt/EquityPayout ratio
Margins(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%20%40%60%80%
Net Income Margin Operating Margin Gross MarginEBITDA Margin
Returns(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%2%4%6%8%10%12%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0500.0(M)1.0(B)1.5(B)2.0(B)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0100.0(B)200.0(B)300.0(B)400.0(B)
Market Cap.

KPIs

Operating Expense Breakdown(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
Research and Development Sales and Marketing General and Administrative
Deals Closed By Size(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
Over $5 Million Over $10 Million Over $1 Million
Revenue By Segment(show more...)
3/20246/20249/202412/20243/20256/20259/202512/20253/20266/2026
Commercial Government

PLTR vs Peers

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 3.48%
Institutions: 64.87%
Other: 31.66%

Institutional ownership

8.70% Blackrock Inc.6.70% Vanguard Capital Manag...4.79% State Street Corporati...3.23% Invesco Ltd.2.54% Geode Capital Manageme...2.31% Vanguard Portfolio Man...1.56% Morgan Stanley1.43% NORGES BANK1.35% JPMORGAN CHASE & CO1.04% Goldman Sachs Group In...31.22% Others

Trading Summary

In the past year, insiders have sold a net of $893.38(M).

Total insider buys: $0.00
Total insider sells: $893.38(M)

In the past year, Congress members have bought a net of $81002.

Total congressional buys (avg): $97003
Total congressional sells (avg): $16001

Based on the reported ranges: buys $34006–$160000, sells $2002–$30000.

Insider transactions

$0.002026-10$0.00
$0.002026-09$0.00
$95.37(M)2026-08$0.00
$26.19(M)2026-07$0.00
$2.83(M)2026-06$0.00
$125.32(M)2026-05$0.00
$2.23(M)2026-04$0.00
$292.15(M)2026-03$0.00
$140.74(M)2026-02$0.00
$6.25(M)2026-01$0.00
$5.02(M)2025-12$0.00
$167.02(M)2025-11$0.00
$3.83(M)2025-10$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2026-08-213,305577,133174.6BUCKLEY JEFFREY JOHANSINGOfficer
Sell2026-08-20492,34886,057,473174.8KARP ALEXANDER C.Chief Executive Officer
Sell2026-08-1716,0002,788,463174.3MOORE ALEXANDER DDirector
Grant2026-08-11350,00000.0SANKAR SHYAMChief Technology Officer
Sell2026-08-0635,0005,449,544155.7SANKAR SHYAMChief Technology Officer
Sell2026-08-053,032500,280165.0STAT LAUREN ELAINA FRIEDMANDirector
Sell2026-07-1516,0002,144,770134.0MOORE ALEXANDER DDirector
Sell2026-07-02185,00024,050,000130.0SANKAR SHYAMChief Technology Officer
Sell2026-06-1516,0002,133,605133.4MOORE ALEXANDER DDirector
Sell2026-06-111,481190,753128.8BUCKLEY JEFFREY JOHANSINGOfficer
Grant2026-06-042,11800.0MOORE ALEXANDER DDirector
Grant2026-06-042,11800.0STAT LAUREN ELAINA FRIEDMANDirector
Grant2026-06-042,11800.0WOERSCHING ERIC HDirector
Grant2026-06-042,11800.0SCHIFF ALEXANDRA WDirector
Sell2026-06-013,265505,730154.9STAT LAUREN ELAINA FRIEDMANDirector
Sell2026-05-222,542346,954136.5BUCKLEY JEFFREY JOHANSINGOfficer
Sell2026-05-2019,6622,674,859136.0TAYLOR RYAN DOUGLASOfficer
Sell2026-05-20319,93443,524,501136.0COHEN STEPHEN ANDREWPresident
Sell2026-05-20165,51422,516,876136.0SANKAR SHYAMChief Executive Officer
Sell2026-05-20397,74454,109,936136.0KARP ALEXANDER C.Chief Executive Officer
Sell2026-05-1516,0002,144,663134.0MOORE ALEXANDER DDirector
Grant2026-04-2421,14100.0BUCKLEY JEFFREY JOHANSINGOfficer
Sell2026-04-1516,0002,230,580139.4MOORE ALEXANDER DDirector
Sell2026-03-1616,0002,438,623152.4MOORE ALEXANDER DDirector
Sell2026-03-022,000,000289,707,507144.9THIEL PETER A. J.D.Director
Grant2026-02-267,00000.0STAT LAUREN ELAINA FRIEDMANDirector
Sell2026-02-243,936520,601132.3BUCKLEY JEFFREY JOHANSINGOfficer
Sell2026-02-2019,9882,672,765133.7TAYLOR RYAN DOUGLASOfficer
Sell2026-02-20327,08843,737,696133.7COHEN STEPHEN ANDREWPresident
Sell2026-02-20168,00422,465,231133.7SANKAR SHYAMChief Technology Officer
Sell2026-02-20493,02565,955,988133.8KARP ALEXANDER C.Chief Executive Officer
Sell2026-02-2017,4382,331,782133.7GLAZER DAVID ALANChief Financial Officer
Sell2026-02-0220,0002,992,984149.6MOORE ALEXANDER DDirector
Sell2026-02-0240060,456151.1STAT LAUREN ELAINA FRIEDMANDirector
Sell2026-01-0212,0002,176,200181.3TAYLOR RYAN DOUGLASOfficer
Sell2026-01-0220,0003,459,615173.0MOORE ALEXANDER DDirector
Sell2026-01-023,400616,590181.3STAT LAUREN ELAINA FRIEDMANDirector
Grant2025-12-129,00042,4804.7GLAZER DAVID ALANChief Financial Officer
Grant2025-12-123,83100.0GLAZER DAVID ALANChief Financial Officer
Sell2025-12-129,0001,673,190185.9GLAZER DAVID ALANChief Financial Officer
Sell2025-12-0120,0003,343,833167.2MOORE ALEXANDER DDirector
Sell2025-11-2456,0619,117,228162.6TAYLOR RYAN DOUGLASOfficer
Sell2025-11-243,917631,898161.3BUCKLEY JEFFREY JOHANSINGOfficer
Sell2025-11-21168,87627,546,303163.1SANKAR SHYAMChief Technology Officer
Sell2025-11-21347,77156,726,864163.1COHEN STEPHEN ANDREWPresident
Sell2025-11-21404,88966,043,701163.1KARP ALEXANDER C.Chief Executive Officer
Sell2025-11-2117,5302,859,408163.1GLAZER DAVID ALANChief Financial Officer
Sell2025-11-0320,0004,090,887204.5MOORE ALEXANDER DDirector
Sell2025-10-03800149,112186.4STAT LAUREN ELAINA FRIEDMANDirector
Sell2025-10-0120,0003,680,225184.0MOORE ALEXANDER DDirector
Sell2025-09-189,0001,598,400177.6STAT LAUREN ELAINA FRIEDMANDirector
Sell2025-09-1121,0003,484,866165.9STAT LAUREN ELAINA FRIEDMANDirector
Sell2025-09-0536,0485,708,057158.3TAYLOR RYAN DOUGLASOfficer
Grant2025-09-0460,00000.0SANKAR SHYAMChief Technology Officer
Grant2025-09-0237,770178,2744.7GLAZER DAVID ALANChief Financial Officer
Sell2025-09-0281,00012,511,782154.5GLAZER DAVID ALANChief Financial Officer
Sell2025-09-0220,0003,128,318156.4MOORE ALEXANDER DDirector

Congressional trading

$0.002026-10$0.00
$0.002026-09$0.00
$0.002026-08$0.00
$0.002026-07$0.00
$0.002026-06$0.00
$0.002026-05$0.00
$0.002026-04$0.00
$0.002026-03$0.00
$0.002026-02$0.00
$0.002026-01$8001
$0.002025-12$32501
$0.002025-11$16001
$80012025-10$40501
DatePoliticianPartyChamberAmount ($)
Buy2026-01-09Gilbert Ray Cisneros, Jr.DHouse$1,001 - $15,000
Buy2025-12-22Jonathan L. JacksonDHouse$15,001 - $50,000
Buy2025-11-18Gilbert Ray Cisneros, Jr.DHouse$1,001 - $15,000
Buy2025-11-07Gilbert Ray Cisneros, Jr.DHouse$1,001 - $15,000
Sell2025-10-31Lisa C. McClainRHouse$1,001 - $15,000
Buy2025-10-10Cleo FieldsDHouse$15,001 - $50,000
Buy2025-10-09Gilbert Ray Cisneros, Jr.DHouse$1,001 - $15,000
Sell2025-09-19Ro KhannaDHouse$1,001 - $15,000

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