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Google trend - PLTR stock

Bulls, Bears Clash On Palantir Earnings Report, Commercial Growth

Palantir stock fell after the software maker reported Q1 earnings that met estimates while revenue guidance came in slightly above views.

Read more at Investor's Business Daily


PLTR Stock Falls as Palantir Reports Slowing Sales. Is This the End?

PLTR stock is sinking sharply in early trading after Palantir reported higher-than-expected revenue and in-line EPS.

Read more at Investorplace.com


PLTR stock - 10 things to know with detail
  • Palantir Technologies (PLTR) is a data analytics company that provides software solutions for organizations to manage and analyze large amounts of data.
  • The company was founded in 2003 by Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings.
  • Palantir's software platform, called Gotham, is used by government agencies, financial institutions, and other organizations to analyze data and make informed decisions.
  • The company went public through a direct listing on the New York Stock Exchange in September 2020, with an opening price of $10 per share.
  • Since its IPO, Palantir's stock price has seen significant fluctuations, with highs and lows driven by market sentiment, earnings reports, and news events.
  • Palantir's revenue has been steadily increasing, with the company reporting a revenue of $1.1 billion in 2020, up from $742 million in 2019.
  • The company has a diverse customer base, including government agencies like the CIA and the US Army, as well as commercial clients such as Airbus and Merck.
  • Palantir has faced criticism for its work with government agencies, with concerns raised about privacy, civil liberties, and the potential misuse of data.
  • The company has been expanding its product offerings, including launching a new software platform called Foundry, which is designed for commercial customers.
  • Analysts have mixed views on Palantir's stock, with some seeing long-term growth potential in the company's data analytics capabilities, while others are concerned about its valuation and competitive landscape.
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