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Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
Palantir Technologies - Class A trades on the NASDAQ stock market under the symbol PLTR.
As of January 7, 2025, PLTR stock price declined to $69.99 with 84,628,390 million shares trading.
PLTR has a beta of 2.42, meaning it tends to be more sensitive to market movements. PLTR has a correlation of 0.20 to the broad based SPY ETF.
PLTR has a market cap of $156.74 billion. This is considered a Large Cap stock.
Last quarter Palantir Technologies - Class A reported $726 million in Revenue and $.10 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.01.
In the last 3 years, PLTR traded as high as $84.80 and as low as $5.84.
The top ETF exchange traded funds that PLTR belongs to (by Net Assets): VTI, VOO, QQQ, VO, SPY.
PLTR has outperformed the market in the last year with a return of +338.0%, while the SPY ETF gained +27.3%. In the last 3 month period, PLTR beat the market returning +74.9%, while SPY returned +3.1%. However, in the most recent 2 weeks PLTR has underperformed the stock market by returning -13.3%, while SPY returned -1.0%.
PLTR support price is $72.47 and resistance is $79.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLTR shares will trade within this expected range on the day.