Palantir Technologies Inc. - Class A Common Stock (PLTR)
85.35
-2.00 (-2.29%)
Palantir Technologies is a public software company that specializes in big data analytics and provides platforms for organizations to integrate, visualize, and analyze large amounts of data from disparate sources
Its flagship products, Palantir Gotham and Palantir Foundry, are designed to assist government agencies and commercial enterprises in making data-driven decisions by offering advanced analytical capabilities, collaborative tools, and visualization features. The company has gained prominence for its work with intelligence and defense organizations, as well as its growing presence in various industries such as finance, healthcare, and manufacturing, enabling clients to derive actionable insights and enhance their operational efficiency.
Shares of data-mining and analytics company Palantir (NYSEPLTR)
fell 6.1% in the morning session after Jefferies analysts reiterated a Sell rating, raising concerns about the stock's valuation. The analysts added, "This positive momentum is baked into PLTR's valuation at 45x CY26E, the most expensive stock in our coverage. Fundamentals have been strong, but valuation remains the biggest concern, and insiders continue to sell, with co-founder Stephen Cohen selling another $310M in shares over the past few days."
Palantir Technologies Inc. (NASDAQPLTR), a leading player in artificial intelligence and big data analytics, has been a focal point for investors in recent months. As of 10:33:35 AM EDT on March 18, 2025, the stock is trading at $83.56, reflecting a decline of $3.79 or
Jefferies analysts said they came away impressed from the AIPCon, with the return on investment case studies underlining how the company’s products are helping transform businesses
Double-digit percentage declines in the benchmark S&P 500 and growth-centric Nasdaq Composite have hardly made a dent in the stock market's premium valuation.
Renowned short-seller Jim Chanos has taken aim at Palantir Technologies Inc. executives for what he perceives as hypocrisy in their public messaging versus private actions.
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