AllAnalyst Report
logoMorningstarNovember 13, 2020

Palantir Technologies Inc.: Palantir Showcases Business-Wide Strength in Q3 With Strong Growth and Margin Improvements; $13 FVE

Symbols
PLTR
Sector(s)
Technology
Rating
Premium
Current Price
$29.05
Fair Value
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Economic Moat
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Stewardship
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Summary

Palantir Technologies provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes. Founded in 2003, Palantir released its Gotham software platform in 2008, which focuses on the government intelligence and defense sectors. Palantir expanded into various commercial markets with its Foundry software platform in 2016 with the intent of becoming the data operating system for companies and industries. The Denver, Colorado company had 125 customers as of its IPO and roughly splits its revenue between commercial and government customers.

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