Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Palantir Technologies, Inc.
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
{{Infobox company | name = Palantir Technologies Inc. | logo = Palantir Technologies logo.svg | type = [[Public company]] | traded_as = {{ubl|{{NYSE|PLTR}}|[[Russell 1000]] component}} | products = {{plain list| * Palantir Gotham * Palantir Foundry * Palantir Apollo}} | foundation = {{start date and age|2003}} | founders = {{unbulleted list|[[Peter Thiel]]|Nathan Gettings|Joe Lonsdale|[[Stephen Cohen (entrepreneur)|Stephen Cohen]]|[[Alex Karp]]}} | industry = [[Software]] | key_people = {{plainlist| * Peter Thiel ([[Chairperson]]) * Alex Karp ([[Chief executive officer|CEO]]) * Stephen Cohen ([[President (corporate title)|President]])}} | location_city = [[Denver, Colorado]], U.S. | revenue = {{nowrap|{{increase}} {{US$|1.906 billion|link=yes}} (2022)}} | operating_income = {{nowrap|{{increase}} βUS161 million (2022)}} | net_income = {{nowrap|{{increase}} βUS374 million (2022)}} | assets = {{nowrap|{{increase}} US$3.461 billion (2022)}} | equity = {{nowrap|{{increase}} US$2.642 billion (2022)}} | num_employees = {{increase}} 3,838 (2022) | website = {{URL|palantir.com}} | footnotes = <ref name=10K>{{cite web |title=US SEC: Form 10-K Palantir Technologies Inc. |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1321655/000132165523000011/pltr-20221231.htm |publisher=[[U.S. Securities and Exchange Commission]] |date=21 February 2023}}</ref><ref>{{Cite news |last=Bursztynsky |first=Jessica |date=19 August 2020 |title=Palantir to relocate headquarters from Silicon Valley to Colorado |language=en |publisher=CNBC |url=https://www.cnbc.com/2020/08/19/palantir-headquarters-moves-from-silicon-valley-to-colorado.html |url-status=live |access-date=5 October 2020 |archive-url=https://web.archive.org/web/20201028133232/https://www.cnbc.com/2020/08/19/palantir-headquarters-moves-from-silicon-valley-to-colorado.html |archive-date=28 October 2020}}</ref> }} Palantir Technologies, Inc. is a public American software company that specialises in big data analytics. It offers two primary software platforms: Palantir Gotham and Palantir Foundry. These platforms serve both government and commercial customers, aiding them in solving complex data analysis problems. As of Q2 2023, the company displays consistent revenue growth, attributed to its growing customer base and the successful implementation and acceptance of its software platforms. This growth is seen in both the government sector and within commercial industries such as healthcare, energy, and finance. However, Palantir's financial performance raises some concerns. Despite the company's growth in revenue, it continues to report net losses as it emphasises on expansion and market penetration. This strategy may yield benefits in the long run but contributes to financial uncertainty in the short term. Further, the risk associated with revenue concentration, particularly from government contracts, remains a significant factor. Palantir's growth prospects stem from its unique value proposition and strategic partnerships. The company's growth strategy includes plans for deeper penetration into the commercial sector and geographic diversification, which could potentially mitigate the risk associated with revenue concentration. Still, prospective investors must carefully consider the company's current valuation, future profitability, and inherent risks before investing. While Palantir exhibits a solid growth trajectory, the current stock price might already reflect high growth expectations.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)