PalantirPLTR
Market Cap: $67.9B
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: 3,661
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 539 | Existing positions reduced: 270
64% more first-time investments, than exits
New positions opened: 194 | Existing positions closed: 118
10% more capital invested
Capital invested by funds: $20.5B [Q1] → $22.5B (+$2.07B) [Q2]
10% more funds holding in top 10
Funds holding in top 10: 31 [Q1] → 34 (+3) [Q2]
7% more funds holding
Funds holding: 1,104 [Q1] → 1,180 (+76) [Q2]
2% more call options, than puts
Call options by funds: $2.12B | Put options by funds: $2.08B
0.44% less ownership
Funds ownership: 42.2% [Q1] → 41.76% (-0.44%) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Northland Capital Markets Michael Latimore 35% 1-year accuracy 6 / 17 met price target | 15%upside $35 | Market Perform Initiated | 22 Aug 2024 |
Goldman Sachs Gabriela Borges 60% 1-year accuracy 18 / 30 met price target | 47%downside $16 | Neutral Maintained | 7 Aug 2024 |
Raymond James Brian Gesuale 77% 1-year accuracy 17 / 22 met price target | 1%downside $30 | Outperform Maintained | 6 Aug 2024 |
RBC Capital Rishi Jaluria 40% 1-year accuracy 29 / 72 met price target | 70%downside $9 | Underperform Reiterated | 6 Aug 2024 |
DA Davidson Gil Luria 38% 1-year accuracy 14 / 37 met price target | 8%downside $28 | Neutral Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 144 articles about PLTR published over the past 30 days