Skip to Content

Palantir Technologies Inc Ordinary Shares - Class A - Stock Quote PLTR

Rating as of

Morningstar's Palantir Technologies Inc Ordinary Shares - Class A Stock Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Palantir Shares Plunge as Government Growth Decelerated in Q1; Fair Value Estimate Down to $27

Mark Cash Senior Equity Analyst

Analyst Note

| Mark Cash |

We are lowering our fair value estimate for narrow-moat Palantir Technologies to $27 per share from $31. Our decrease is largely due to tempering longer-term expectations for margin expansion, although we still anticipate the company will generate strong, durable growth. We believe the shares are appreciably undervalued for long-term investors. In our view, Palantir's software is mission-critical to some of the world's largest institutions, and the company is making significant strides landing new commercial clients of all sizes with prebuilt modules and consumption-based pricing alleviating up-front cost concerns.

Read Full Analysis

Palantir Technologies Inc Ordinary Shares - Class A's Company Profile

Business Description

Palantir Technologies provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes. Founded in 2003, Palantir released its Gotham software platform in 2008, which focuses on the government intelligence and defense sectors. Palantir expanded into various commercial markets with its Foundry software platform in 2016 with the intent of becoming the data operating system for companies and industries. The Denver company had 125 customers as of its initial public offering and roughly splits its revenue between commercial and government customers.

Contact
1555 Blake Street, Suite 250
Denver, CO, 80202
T +1 720 358-3679
Sector Technology
Industry Software - Infrastructure
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Speculative Growth
Employees 3,057

Palantir Technologies Inc Ordinary Shares - Class A's Related Articles & News