Reading the tape
NASDAQ: PLTR
Palantir Technologies Inc.
Technology · Software - Infrastructure
Market Cap
$330.13B
52w High
$207.52
52w Low
$105.32
P/E
211.61
Volume
33.22M
Outstanding Shares
2.29B
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 23.98%Revenue (TTM): 56.18%FCF (TTM): 84.15%P/E: 40th pct
What changed
The stock rose 23.98% over the last year. Revenue grew 56.18% over the trailing twelve months. Operating margin moved from 10.83% to 31.59%. Free cash flow grew 84.15% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 40th percentile of their historical P/E range.
What would invalidate this read
Operating margin is at 31.59%. Revenue grew 56.18% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
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.
CEOAlexander C. Karp
SectorTechnology
IndustrySoftware - Infrastructure
Employees4,001
IPO dateSep 30, 2020
Valuation
Forward P/E—
EV/EBITDA291.64
Enterprise value$420B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth70%
Gross margin82.37%▲2.64%vs FY2024
Operating margin31.59%▲191.67%vs FY2024
ROE22%▲138.13%vs FY2024
Analyst consensus
RatingHold
Target price$194.53▲35.02%
10
Buy
12
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 4, 2026
Q2 FY26 · EPS est $0.29 · Revenue est $1.54B
View
Congressional Activity
Congress Trades in PLTR
STOCK Act disclosures from senators and representatives.
Thomas Suozzi
NYhouseDemocratSale2026-02-18$15,001 - $50,000+28d to disclose