Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
30 September 2020Website:
http://www.palantir.comNext earnings report:
05 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:59:56 GMTDividend
Analysts recommendations
Institutional Ownership
PLTR Latest News
Palantir Technologies Inc (PLTR) has seen a significant increase in its market value, gaining more than $23 billion since Donald Trump won the 2024 Presidential election.
It can be quite challenging to persuade yourself to sell some of the top-performing assets in your portfolio.
So far, 2024 has been known as the year of AI. While Nvidia (NASDAQ: NVDA), a top semiconductor company, has received a lot of attention for its success in this growing industry, Palantir (NYSE: PLTR), a big data analytics firm, might achieve even better returns this year.
Englander’s Millennium Management sold nearly 4.5 million shares of Palantir and almost tripled its investment in a fast-growing electric vehicle (EV) company during the quarter that ended in September.
Palantir is currently one of the most popular stocks in the artificial intelligence sector.
An expert believes that Palantir's (NYSE: PLTR) impressive rise of over 260% in 2024 may end badly. The stock has experienced a significant rally this year. However, the expert warns that this trend might not last.
Big Data is becoming increasingly profitable, with the market for data services expected to grow from $220.2 billion in 2023 to $401.2 billion by 2028, according to Edge Delta. Palantir Technologies, co-founded by Peter Thiel, has seen its stock price rise significantly since its IPO in 2020, and it continues to thrive due to strong demand for its AI platforms, particularly from government clients. Despite some fluctuations in stock price, analysts predict continued growth for Palantir, with revenue and earnings expected to increase over the next several years.
24/7 Wall St. Important Points: Choosing to sell a large part of your investment portfolio is a personal choice.
During a week when the overall market rally slowed down, Palantir Technologies Inc. (NYSE: PLTR) had a strong finish. By the end of trading on November 15, PLTR stock had risen by 9.13%.
Investing in the stock market isn't limited to just artificial intelligence; there are other valuable themes to consider as well.
What type of business is Palantir Technologies?
Palantir Technologies Inc. is an American technology company specializing in developing software for military and commercial organizations. It was founded in 2003. The company has developed and maintains two software platforms: Palantir Gotham ("Gotham") and Palantir Foundry ("Foundry"). The Gotham platform is designed for analysts in defense and intelligence services. The Foundry platform is designed for large commercial organizations where analyzing large volumes of data is necessary for management and decision-making.
What sector is Palantir Technologies in?
Palantir Technologies is in the Technology sector
What industry is Palantir Technologies in?
Palantir Technologies is in the Software Infrastructure industry
What country is Palantir Technologies from?
Palantir Technologies is headquartered in United States
When did Palantir Technologies go public?
Palantir Technologies initial public offering (IPO) was on 30 September 2020
What is Palantir Technologies website?
https://www.palantir.com
Is Palantir Technologies in the S&P 500?
Yes, Palantir Technologies is included in the S&P 500 index
Is Palantir Technologies in the NASDAQ 100?
No, Palantir Technologies is not included in the NASDAQ 100 index
Is Palantir Technologies in the Dow Jones?
No, Palantir Technologies is not included in the Dow Jones index
When was Palantir Technologies the previous earnings report?
No data
When does Palantir Technologies earnings report?
The next expected earnings date for Palantir Technologies is 05 February 2025