PLTR Palantir Technologies Inc.
Loading price history…
Daily prices, adjusted for splits. P/E and P/S value each day on the results published by then; a gap in P/E means the trailing year had no profit.
Software - Infrastructure · Aventura, FL · 4,429 employees · palantir.com · Investor relations
Palantir Technologies develops and deploys enterprise software platforms designed for data integration, operational decision-making, and artificial intelligence implementation. Its platforms assist government intelligence and defense clients with threat analysis while helping commercial enterprises unify and manage organizational data. The company generates revenue through subscriptions and licensing fees for access to its specialized software systems.
Bull case
The company converts a substantial share of its revenue into free cash flow after stock-based compensation, supported by an unencumbered balance sheet where cash reserves exceed debt. It also benefits from direct access to a large installed customer base as organizations transition artificial intelligence tools into operational workflows.
- The price assumes about +35% a year cash-flow growth; it delivered +1071% a year over three years.
- Turns 42% of revenue into free cash after stock pay.
- Annual revenue growth rose from +47% to +87%.
- It holds more cash than debt and is profitable.
Bear case
The measurements do not currently make a case against the business.
- Valued above what companies with similar growth, margins and size trade at.
Features
- V-OVERVALUED Overvalued The price is 136% above its own-history reference value.
- V-ACCELERATING Growth accelerating Annual revenue growth rose from +47% to +87%. Shared by most companies we track
- H-FORTRESS Fortress balance sheet It holds more cash than debt and is profitable.
- F-UPSIDE Analyst upside Analysts' average target is 24% above the price. Shared by most companies we track
AI impact
Sells AI to its customers Tailwind
Palantir sells operational data software that connects customer workflows with generative AI models and agents. It benefits from sitting inside core business operations and selling new AI capabilities to existing customers, though competing AI platforms from rivals could challenge its products and pressure its pricing.
Where AI helps it
- Its software sits where AI agents would do the work
- Can sell AI to a large base of existing customers
Where AI could hurt it
- AI tools could do part of what it sells (minor)
- AI makes it cheaper for rivals to build what it sells (minor)
In the company's words
AIP is our generative artificial intelligence (“AI”) platform, which provides secure connectivity to third-party-provided large language models (“LLMs”), a development toolchain for building AI-powered agents and automations, an array of AI-enabled end user applications, a broad evaluations…
For example, we and our peers and competitors are investing more significantly in AI (including machine learning, large language, and other generative and agentic AI models, and software functionality to operationalize the foregoing).
Assessed by AI from the company's own annual report filed 17 Feb 2026 and quarterly report filed 3 Nov 2026. A reading of the business, not a forecast or a recommendation.
Valuation position
PLTR is at the 64th percentile of its own valuation history. Depending on how far back you look, it ranges from the 41st to the 64th percentile. This is a relative measurement, not a price target or recommendation, and it assumes the business is still the one its history describes.
The band is the range it reads at depending on how far back you look; the dot is where this page places it.
Price ladder
The measured price sits in the Above reference zone. These are reference zones, not buy instructions or forecasts that the prices will be reached.
What the price assumes
The measured price implies roughly +34.7% annual cash-flow growth, between +26.0% and +41.1% under other reasonable assumptions. Over the last three years it delivered +1071.2% a year.
An estimate that depends on its assumptions, not a forecast.
Quality versus peers
Each dimension is shown on its own; they are not combined into a score.
Current analyst snapshot
Shown for reference only; not used in any measurement.
What would have to break
- Not triggered — Revenue decline
- Not triggered — Margin break
- Not triggered — Cash burn with rising debt
- Not triggered — Heavy dilution
- Not triggered — Warning language in filings
News
No recent brief on this company.