PalantirPLTR
Market Cap: 60.5B
About: 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.
Employees: 3,678
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
74% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 112
47% more repeat investments, than reductions
Existing positions increased: 452 | Existing positions reduced: 308
36% more capital invested
Capital invested by funds: $14.8B [Q4 2023] → $20B (+$5.28B) [Q1 2024]
24% more funds holding in top 10
Funds holding in top 10: 25 [Q4 2023] → 31 (+6) [Q1 2024]
8% more funds holding
Funds holding: 1,002 [Q4 2023] → 1,085 (+83) [Q1 2024]
0.26% less ownership
Funds ownership: 41.59% [Q4 2023] → 41.33% (-0.26%) [Q1 2024]
6% less call options, than puts
Call options by funds: $2.15B | Put options by funds: $2.29B
Research analyst outlook
19 Wall Street Analysts provided 1 year price forecasts over the past 6 months
19 analyst ratings
Mizuho Matthew Broome | 19%downside $22 | Underperform Downgraded | 16 Jul 2024 |
Monness, Crespi, Hardt Brian White | 26%downside $20 | Sell Downgraded | 21 Jun 2024 |
Argus Research Joseph Bonner | 7%upside $29 | Buy Initiated | 17 Jun 2024 |
HSBC Stephen Bersey | 15%downside $23 | Hold Maintained | 7 May 2024 |
Citigroup Tyler Radke | 8%downside $25 | Neutral Maintained | 7 May 2024 |
Financial journalist opinion
Based on 147 articles about PLTR published over the past 30 days