Companies /Technology

Palantir Technologies Inc - Class A

NYSE: PLTR Software - Infrastructure
$167.99
▼ $3.59 (−2.09%) today
Markets closed · 11:25am ET

24/7 Wall St. View

Price Prediction $198.16 +18.0% Our analysts’ 12-month view: target, optimistic case, and floor. PLTR price prediction → Earnings Beat +8.1% EPS vs. the estimate, revenue, and how the market reacted. PLTR earnings history →

PLTR at a Glance

Valuation
Market cap
$404.8B
P/E ratio
118.3
Profitability
Revenue (TTM)
$7.3B
Profit margin
50.3%
EPS (TTM)
$1.42
Price
52-week range
$106 – $213
24/7 target
$198.16
Street target
$222.25
Earnings
Next report
Feb 1, 2027
Q3 2026 EPS
$0.44
vs. $0.41 est.
+8.1%

Headquartered in Aventura, FL Fiscal year ends December NYSE: PLTR palantir.com

About Palantir

Palantir Technologies Inc. builds software platforms that let government and commercial organizations integrate, analyze and act on large volumes of data and deploy AI in their operations.

Its core offerings are:
- **Foundry**, its data-operations platform.
- **Ontology**, its framework for modeling an organization's data and workflows.
- **AIP (Artificial Intelligence Platform)**, which connects workflows with large language and fine-tuned open-weight models.

The company positions these products around what it calls the 'Sovereign AI' movement. It reports revenue through U.S. Commercial and U.S. Government customer categories. In Q3 2026, U.S. commercial revenue overtook U.S. government revenue, and U.S. customers accounted for most of total revenue.

Palantir sells through multi-year contracts, tracked through total contract value and remaining deal value. It also pursues channel and strategic partnerships. The company is profitable on a GAAP basis, generates substantial free cash flow, and holds roughly $10.4 billion in cash, cash equivalents and U.S. Treasury securities. Updated

Latest Activity

Bloomberg Businessweek
PodcastBloomberg BusinessweekCarol Massar · 1 hr 23 min

Special Episode: Bobby Jain on Why He Chose Millennium Again

  • Jain Global launched in 2024 fully built across equities, credit, commodities and Asia rather than scaling up slowly
  • Roughly 40% gross return since July 2024, with only one month losing more than 1%
  • Millennium tie-up driven by access to its AI tools and compute, not just capital
  • Jain argues AI raises barriers to entry and drives hedge fund consolidation, shrinking the number of standalone funds

Capital allocators say compute cost itself is now the moat, and only the largest platforms can pay for it. That is the same demand logic underpinning memory and enterprise AI platforms, and it argues the spend is structural.

Read more
Bloomberg Businessweek
PodcastBloomberg BusinessweekCarol Massar · 43 min

AI Economy Roiled by Nvidia CEO Huang’s Departure

  • Emily Chang's four-day European shoot turned out to be Huang's final major interview as CEO
  • Ed Ludlow: Huang keeps no future association with Nvidia; DOJ espionage probe and a second employee relationship reported
  • Founders100 ETF CIO says the fund must sell its Nvidia stake, its third-largest at over 6%, within 90 days
  • CFO Colette Kress steps in as interim; outside search underway, with Tim Cook floated per Trump administration signals

Founder-led index rules are now a mechanical seller of Nvidia: one ETF has 90 days to exit a position that was over 6% of the fund. The succession picture is unsettled, with a career CFO holding the seat on an interim basis and the shortlist reaching as far as Apple's chief executive.

Read more
The Pomp Podcast
PodcastThe Pomp PodcastAnthony Pompliano · 47 min

Is Jensen Huang Finished At Nvidia? | Dan Ives

  • Ives puts 15% odds on Jensen Huang exiting as CEO, and sees a 25-30% drop in the stock if it happens
  • Chips to China are 'done' as both parties unite on an anti-China tech stance after the midterms
  • AI demand-to-supply still 4-to-1 with 75% of data centers permitted; Anthropic's IPO value halved to $1T
  • CoreWeave called 'essentially an SPV for Nvidia'; Palantir and Tesla's Optimus framed as the durable bets

One person's job carries roughly a quarter of Nvidia's value, and the board review and congressional hearings are still ahead. Ives stays bullish on the AI trade itself, pointing at permitted capacity and a 4-to-1 demand-to-supply gap, while flagging CoreWeave's capital structure as the fragile link.

Read more
PLTRPalantir
Regular session
$155.26
-6.86%open $166.69

A 6.86% slide to $155.26 from a $166.69 open strips roughly $25 billion from one of the most richly valued names in software. Palantir rarely gives back this much in a single session, so the next few closes matter for anyone sizing an entry.

Read more
PLTRPalantir
Regular session
$154.79
-7.14%open $166.69

A 7.14% drop to $154.80 from a $166.69 open takes roughly $25 billion off a $356 billion name in a single session. Moves this size are routine for one of the market's most expensive AI software stocks, which is exactly why the $166.69 level matters on any bounce.

Read more
PLTRPalantir
Regular session
$176.46
+6.94%open $165.01

A 6.94% intraday jump to $176.46 adds roughly $28 billion to a $406 billion name, and it lands the same morning as a defense tech contractor guidance roundup. Moves this size are rare even for a stock used to volatility.

Read more
Jim Cramer
PodcastMad Money w/ Jim CramerJim Cramer · 44 min

Mad Money w/ Jim Cramer 11/3/26

  • Cramer calls the mega caps millstones: Nasdaq rose 0.83% while the Dow fell 197 points
  • Strong after-hours results from AMD and Arista Networks as proof non-Magnificent-Seven tech can lead
  • Oracle's $10 billion block priced at $116 and traded to $126, a sign buyers see a floor in tech
  • Wants a crescendo washout before committing more; Apple's reaction and a Palantir selloff weighed

The leadership baton is being passed to second-tier data center names, and Cramer would rather own companies with clean balance sheets than the big caps issuing debt and equity to stay in the AI race. He is not calling a bottom yet: without a high-volume reversal day, he keeps money elsewhere.

Read more
Biggest movers · On the open
Gainers
  • FNFabrinet$355.82+13.3%
  • BEBloom Energy$211.83+7.9%
  • ALABAstera Labs$246.01+7.1%
  • CIFRCipher Digital$7.33+6.8%
  • NVTSNavitas Semiconductor$8.43+6.3%
Losers
  • TRIThomson Reuters$110.21-9.8%
  • SHOPShopify$142.3-8.9%
  • APOApollo Global Management$113.56-5.0%
  • PLTRPalantir$170.08-4.6%
  • INFYInfosys$12.01-4.1%

Fabrinet opened 13.32% higher at $355.82, the widest single move across 382 priority names this morning. Thomson Reuters anchors the other end, down 9.84%, with Shopify close behind.

Read more
Jim Cramer@jimcramer

Cramer is flagging that the selling has moved past high-multiple software and into megacap tech, with Palantir and Apple both caught in it.

The Executioner's Face is Always Well Hidden but he is axing Palantir and Apple... Love the One Your With
  • Replies30
  • Reposts5
  • Likes93
Read more
Reddit Pulser/wallstreetbets
Palantir triple beat and record rule of 40 of 158%

u/Broke_BruceWaynee 505 upvotes166 comments

If only i could live long enough to see this person and company go bankrupt

U.S. commercial revenue of $984 million just passed government revenue for the first time, which reframes Palantir from a defense contractor into an enterprise AI vendor. The thread's pushback centers on valuation rather than growth, worth weighing before chasing it.

Read more

PLTR Coverage

12:45pm ET
Investing

Defense Realignment: Lockheed Martin vs. Palantir

Both companies crushed earnings, then the midterms hit and both stocks tumbled. One defense giant built contracts to survive a budget fight, while the other bet on corporate AI. Which model holds…

LMT PLTR
Alex Sirois
Load More

Frequently Asked Questions

What does Palantir do?

Palantir Technologies Inc. builds software platforms that let government and commercial organizations integrate, analyze and act on large volumes of data and deploy AI in their operations.

What is the PLTR stock price target?

24/7 Wall St.'s 12-month price target for PLTR is $198.16, rated Buy. The Wall Street consensus target is $222.25. PLTR price prediction →