PLTR stock icon

Palantir
PLTR

$27.18
2.22%

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 19 analysts
0
News positive %
of 147 articles

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

Low target
$5
82%
downside
Avg. target
$23
17%
downside
High target
$35
29%
upside

19 analyst ratings

positive
32%
neutral
37%
negative
32%
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