what does palantir technologies do

What Does Palantir Actually Do? And Is It a Good ... [9] A telescope at the Lowell Observatory , using a main mirror with spherical curvature , has the acronym PALANTIR. Palantir remains in a high volume zone, so breaking higher will be â¦ Palantir Technologies Inc. NYSE: PLTR $18.86 up $0.22 (1.18%) Average returns of all recommendations since inception. MSN Itâs named after a crystal ball in Lord of the Rings, which allows one to see all and know all, in the present and future. TSLint documentation. ©2021 Palantir Technologies Ënc. What does Palantir do? Palantir Gotham is used by counter-terrorism analysts at offices in the United States Intelligence Community and United States Department of Defense, fraud investigators at the Recovery Accountability and Transparency Board, and cyber analysts at Information Warfare â¦ However, having a look at what sort of good this company can do happens to be a positive for PLTR stock, as it should be. Buzzfeed News reports that Palantir Technologies is raising $500 million on a valuation of $20 billion, making it â¦ Palantir Technologies Inc (PLTR) stock is trading at $24.67 as of 10:03 AM on Friday, May 28, a rise of $1.97, or 8.68% from the previous closing price of $22.70. Co-founded by billionaire Peter Thiel, spies, banks, and even chocolate maker Hershey have relied on Palantir's help to trawl through data â but what the company does in Canada is a mystery. Palantir Technologies (PLTR) rose more than 1% to $19.58 on Thursday's open after the stock announced two new contracts. Learn about Palantir Technologies , including insurance benefits, retirement benefits, and vacation policy. Palantir stock up in anticipation of strong earnings. But what does Palantir do? Of course, risks remain, but Palantir seems like a company I have to own in my portfolio. In the past three months, Palantir Technologies insiders have sold more of their company's stock than they have bought. Recent IPO Palantir Technologies fell 9% on Nov. 9, after reporting mixed third-quarter results before the open.It's now trading near seven-month lows. Palantir in summary is an advanced data analytics consulting company. Working anywhere from 15-20 a Day for weeks, being able to work straight through for 48 hours, working in the CIA & FBI ... Is Hard, but it was all MEANINGFUL ... and it truly changed me from just being a boy into a TRUE & Real MAN. The company predicts annual revenue growth of 30% or more each year through to 2025. The company may have had its IPO recently, but Palantir was founded in 2003, in part by well-known venture capitalist Peter Thiel. Shares of this software company have declined by about 28% in three months and are trading near their 52-week low. Ahead of the open on Tuesday, November 9, Palantir Technologies will enter the earnings confessional. The average price target is $23.14 with a high forecast of $31.00 and a low forecast of $18.00. Customers include the U.S. government. Palantir Gotham has a set of combined tools designed for semantic, temporal, geospatial, and full-text analysis. Palantir goes in with a small team and deploy a custom tailored product for them to centralize their data, organize and then connect it, so the client has an easy way to access and utilize the data to answer their challenging questions at almost real-time. Insider Buying vs. Insider Selling. Quite honestly I never knew I could work this hard this long. Palantir Technologies Inc. (PLTR) delivered earnings and revenue surprises of 33.33% and 1.85%, respectively, for the quarter ended September 2021. Thiel has been the brains, money or both behind some of the technology sectors most successful endeavors, including Facebook (FB) and PayPal (PYPL). PLTRâs public market debut came in on September 30, 2020, 17 years after it was founded. PLTR stock went public via a direct public offering (DPO), where no new shares were offered. Instead, existing shareholders sold up to 20% of their stakes to new investors. The stock opened at $10, with 1.65 billion shares outstanding. In the last decade, growth investing has trounced both value and income investing, posting outsized returns. Palantir Technologies Inc. (PLTR Quick Quote PLTR - Free Report) is slated to report third-quarter 2021 results on Oct 9, before the bell. This compares to year-ago revenues of $289.37 million. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. , Silicon Valley-based investor, 1999-2011. Find the latest Palantir Technologies Inc. (PLTR) stock quote, history, news and other vital information to help you with your stock trading and investing. Palantir Gotham, which are then customized to fit client needs. What does Palantir Technologies do? Previous Next . I can report that insiders do own shares in Palantir Technologies Inc.. Palantir Technologies does not have a long track record of dividend growth. Turning to Wall Street, Palantir Technologies has a Moderate Sell consensus rating, based on one Buy, three Holds, and four Sells assigned in the past three months. This can indicate that the company has a certain degree of credibility in the investment community. CEO Alex Karp had a âunique ability to â¦ Palantirâs commercial customer count grew by 135% year-to-date (YTD) as of its Q3 earnings call, with overall commercial revenue growing 37% year-over-year (YoY). [9] A telescope at the Lowell Observatory , using a main mirror with spherical curvature , has the acronym PALANTIR. All back on track for bulls but work still to be done. We build digital infrastructure for data-driven operations and decision making. As the world becomes increasingly digital and connected, we generate increasingly more amounts of data. 5.40% of Palantir Technologies' shares are currently sold short. Furthermore, Palantir added 34 new customers, up from 20 in the second quarter and just 10 in the first quarter. The platform helps organizations combine, manage, protect, and analyze large chunks of data. Salary Score. An organization like the CIA or FBI can have thousands of different databases, financial records, DNA samples, sound samples, video clips, maps, floor plans, human intelligence reports from all over the world. The company's name is derived from The Lord of the Rings where the magical palantíriwere "seeing-stones," described as indestructible balls of crystal used for comâ¦ Shares of PLTR have been in a free fall, tanking 13% in the past five days. What gives? Hey Gotraders, You might have heard about Palantir Technologies(PLTR) in the news quite a bit lately. The company, Palantir Technologies, is named after the seeing stones in J.R.R. Palantirâs technologies can also help track the spread of the coronavirus, as it is now doing for the Centers for Disease Control and Prevention. Based on 8 Wall Street analysts offering 12 month price targets for Palantir Technologies in the last 3 months. Investors seem to have given a poor reception to Palantir Technologiesâ ( PLTR) upbeat fiscal Q3 results. Palantir â founded in 2003 with capital from investors including the CIA â provides software to help organizations analyze data. Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. The current price level -40.49% lower than the highest price of $45.00 marked by the stock while trading over the past 52-weeks, whereas it is 200.90% higher than the lowest price of $8.90 the company dropped to over past 52-weeks. Well, Iâm glad you asked! There are just too many uncertain variables when it comes to this company. What does Palantir Technologies do? Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. June 24, 2015. palantir.com. helps its clients analyze data to solve complicated problems or optimize operations by building them platforms with search features and visualizations. PLTR shares closed on Monday at $26.75 for a 2.8% gain. A made up but possible example could be working with the FBI, CIA and homeland security to combine. What Does Palantir Technologies Do? The national average salary for a Palantir Technologies employee in the United States is $108,079 per year. The software company Palantir Technologies was named by its founder, Peter Thiel, after Tolkien's seeing stones. Palantirâs technologies can also help track the spread of the coronavirus, as it is now doing for the Centers for Disease Control and Prevention. Palantir Technologies Inc. (NYSE:PLTR) concluded the trading at $22.99 on Thursday, November 11 with a rise of 2.09% from its closing price on previous day. Works for âtypeofâ comparisons to constants (e.g. The big 3 consulting companies, on the other hand, are entirely reliant on their personnel with a linear function underlying the number of projects they can do given their number of employees. [10] Palantir Technologies does not have a long track record of dividend growth. âtypeof foo === âstringââ), and equality comparison to ânullâ/âundefinedâ. Palantir Technology, a data analytics company known for secrecy and ties to the U.S. intelligence community, ended its first day of public trading on the New York Stock Exchange on Wednesday. Apollo was conceived alongside Foundry, initially built as the automation and delivery infrastructure for our public-cloud SaaS. Wanted to know what actually they do? The reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. Previous Next . Palantir's software sits on top of existing data sets and provides users with what seems like a revolutionary interface. Users do not have to use SQL queries or employ engineers to write strings in order to search petabytes of data. Instead, natural language is used to query data and results are returned in real-time . Palantir stock has declined about 17% over the last month, compared to the S&P 500 which was up by about 3% over the same period. I do believe that the company has a â¦ Dec 15, 2021, 01:58 AM. For those of you who like percentages, thatâs a 55% decline in earnings from last year and a 33% spike in revenue. And in 2020, theyâre making the move to go public. We can see that Palantir Technologies does have institutional investors; and they hold a good portion of the company's stock. This is the Palantir Technologies company profile. As a result, many high-growth stocks began to command excessive valuations. Palantir Technologiesâ (NYSE:PLTR) share price has fallen as much as 25% in the last 3 weeks, along with the shares of other growth companies, and particularly those that are not yet profitable. Breaking: Palantir (PLTR) Technologies reported earnings on Tuesday before the open. What does Palantir do? In September we looked at the ownership structure of Palantir and pointed out that the retail investors owned most of the company, which could be a double-edged sword for the â¦ Palantir is a software company. Palantir is a data mining company that collects and processes information with two main platforms, Gotham and Foundry. What does Palantir do? Palantir Technologies Inc. NYSE: PLTR $18.86 up $0.22 (1.18%) Average returns of all recommendations since inception. Our software has been used to stop terrorist attacks, discover new medicines, gain an edge in global financial markets, and more. And there will be more customers coming. PLTR reports earnings before the market open on Tuesday. Summary. This will massively depend on the continued growth of its commercial wing. Much of what Palantir does is (necessarily) carried out behind closed doors. Palantir Technologies Inc (NYSE: PLTR) shares have lagged the S&P 500 in 2021, generating a year-to-date total return of 10%. Taking a look at stock we notice that its last check on previous day was $22.52 with its price kept floating in the range of $22.665 and $23.1299 on the day. Palantir (PLTR) will get its chance to return to the limelight today when it reports earnings before the market opens. Taking a look at stock we notice that its last check on previous day was $22.52 with its price kept floating in the range of $22.665 and $23.12 The firm, Palantir Technologies, was hoping to pull together data collected by a wide range of spy agencies â everything from human intelligence and cell-phone calls to â¦ However, the tide is slowly starting to turn. Wall Streetâs Take. What is Palantir? Palantir Apollo is a continuous delivery system that powers our software platforms. [10] The current price level -53.27% lower than the highest price of $45.00 marked by the stock while trading over the past 52-weeks, whereas it is 23.31% higher than the lowest price of $17.06 the company dropped to over past 52-weeks. unified terminal. Palantir Technologies last announced its quarterly earnings data on November 9th, 2021. Palantir Technologies is a big data analytics company that knows this first hand. Its sales pitch gives a lot away. A World-Changing Company At Palantir, weâre passionate about building software that solves problems. So what exactly does this company do? Palantir Technologies was built almost as an experiment to attract top-tier talent into government service. In the past three months, Palantir Technologies insiders have sold more of their company's stock than they have bought. Palantir Technologies: Weakness Is an Opportunity Mat Litalien. Palantir Technologies Inc. (PLTR) saw downtrend of -0.38% in the recent trading with $21.03 being its most recent. But Palantir's scope has expanded to much more than defense. Palantir Technologies, Inc. is a holding company, which engages in the development of data integration and software solutions. Salary Score. Wondering who they are and what they do? âWith Palantirâs software, clients can clean up a wide variety of data and then display it in various styles to enable many people to explore and take action on it. Palantir Technologies Inc (NYSE: PLTR) is trading higher Monday ahead of tomorrow's third-quarter earnings report. Although only 4.75% of the total number of Palantirâs massive 1.52 billion float is â¦ Recent enhancements enable users to create text documents, analyze data in spreadsheets and view information on maps. About Palantir - The company was founded in 2003 and is essentially a data-mining company. The company just reported a 103% spike in commercial business revenue, up from 73% growth in the previous quarter. The company was founded in 2003 and initially served the United States Government by building software used by the intelligence community during counterterrorism and military â¦ Analysts are expecting a profit of $0.03 per share on revenue of $385 million. Earnings per share (EPS) matched expectations, coming in at $0.04. First Thing: Senate gets $1tn infrastructure bill over the line. Marc Bodnick. Multi-Layered Security and Data Privacy. Employees in the top 10 percent can make over $145,000 per year, while employees at the bottom 10 percent earn less than $80,000 per year. Palantir is an analytics and data-mining firm that works with its client to integrate their data and optimise their workflow through machine augmented data analysis. Palantir was downgraded by Citi. Palantir Technologies has generated ($0.27) earnings per share over the last year (($0.27) diluted earnings per share). Palantir Technologies is a public American software company that specializes in big data analytics.Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. Where Is Palantir Technologies Standing Right Now? Palantir Technologies Inc. (NYSE:PLTR) concluded the trading at $22.99 on Thursday, November 11 with a rise of 2.09% from its closing price on previous day. Palantir sends in a team of consultants and engineers to work with the customer team to build out a platform that will organize, analyze and apply the data and then synthesize the results for the customer. When does Palantir Technologies report earnings? Palantir Technologies is a public American software company that specializes in big data analytics. Palantir Technologies Inc (NYSE: PLTR) is trading higher Monday ahead of tomorrow's third-quarter earnings report. COPY LINK. The stock has traded between $22.88 and $24.68 so far today. Volume today is light. With a volume of 11,283,723.00, the price of PLTR is up 1.53% at $18.62. Investor sentiment continues to remain negative around Palantir stock. Client has huge data and lots of questions need to be answered. The average Palantir Technologies salary ranges from approximately $55,000 per year for Infrastructure Engineer to $172,763 per year for Software Engineer. Palantir Technologies provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes. Most would say this shows a good alignment of interests between shareholders and the board. Oh but Palantir does far more than triangulation. Learn More on Palantir Technologies' current short interest. Palantir Technology. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. A linter for the TypeScript language. RSI indicators hint that the underlying stock may be approaching oversold. All content is posted anonymously by employees working at Palantir Technologies. Software company Palantir Technologies (NYSE: PLTR) has always been something of an enigma, even to its shareholders. It's a data dashboard. Employees in the top 10 percent can make over $145,000 per year, while employees at the bottom 10 percent earn less than $80,000 per year. Palantir Technologies is a private American software company that specializes in big data analytics. How far off is Palantir Technologies Inc. (NYSE:PLTR) from its intrinsic value? 1.7 Company Ownership. â³ Explore Security. Palantir Technologies is a high-growth tech company and that is also reflected in its relatively high valuation. The companyâs revenues soared 36% year-over-year to $392 million, handily beating analystsâ expectations of $385.02 million. Our approach to security enables collaboration instead of inhibiting it. Apparently they donât have much info online as well as what â¦ If these types of projects excite â¦ Cost basis and return based on previous market day close. For this reason, I remain bullish on the stock. Palantir Technologies made a loss 1.17B US dollars in net income (profit) last year or $0.06 on an earnings per share basis. 9.6. The software company Palantir Technologies was named by its founder, Peter Thiel, after Tolkien's seeing stones. How did they do it? Palantir Technologies ( NYSE:PLTR) stock is under pressure and has eroded a significant portion of its shareholdersâ wealth. Insider Buying vs. Insider Selling. The company's name is derived from The Lord of the Rings where the magical palantíri were "seeing-stones," described as indestructible balls â¦ Tolkienâs âThe Lord of the Rings.â ... To that end, Palantir says â¦ 411 Palantir Technologies reviews. With founding roots in intel and defense, Palantir carries certifications or attestations of compliance for the most stringent standards, including FedRamp, IL5, and more. Nov 12, 2021, 07:09 AM. Few companies are as difficult for non-techies to understand as Palantir (NYSE: â¦ Palantir's average session volume is about 47 million over a 100-day period. The national average salary for a Palantir Technologies employee in the United States is $108,079 per year. In recent years, Palantir has sought to diversify its business and saw a rise in demand for its technology during the Covid pandemic, as countries sought to â¦ They provide software to help organizations analyze data. Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. Safe Harbor This presentaËon and the accompanying oral commentary contain âforward-lookingâ statements within the meaning of the federal securiËes laws, and these statements involve substanËal risks and uncertainËes.