Previous Close | 7.22 |
Open | 7.37 |
Bid | 0.00 x 40700 |
Ask | 0.00 x 2200 |
Day's Range | 7.04 - 7.45 |
52 Week Range | 5.84 - 14.86 |
Volume | |
Avg. Volume | 32,665,845 |
Market Cap | 15.061B |
Beta (5Y Monthly) | 2.88 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.25 |
Earnings Date | Feb 13, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 8.79 |
At the World Economic Forum in Davos, Palantir CEO Alex Karp said that it may hire a couple hundred workers this year, even as many tech companies continue to cut staff. In Palantir's most recent quarterly results, it reported revenue of $478 million for the period ending Sept. 30, 2022, which equaled a year-over-year increase of 22%. Many big tech companies that are laying off staff deal with consumer-related products and services.
After two decades of staying privately held, big-data analytics company Palantir Technologies (NYSE: PLTR) went public in Sept. 2020. While the company boasts several U.S. government agencies as well as brand-name commercial sector companies on its client roster, Wall Street has expressed concerns about Palantir's near-term growth rate. Palantir is off to a great start in 2023, and although some of the analyst concerns are valid, its valuation looks appealing for long-term investors.
(Bloomberg) -- Billionaire entrepreneur and investor Peter Thiel, whose data analytics company Palantir Technologies Inc. is vying for a £480 million ($595 million) National Health Service data contract, has described British people’s affection for the state-backed health service as “Stockholm syndrome.” Most Read from BloombergUS Confronts China Over Companies’ Ties to Russian War EffortCitadel’s $16 Billion Win Tops Paulson’s Greatest Trade EverNYSE Investigates Technical Issue That Caused Wil