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Palantir Technologies Inc. (symbol: PLTR) builds advanced software platforms that empower human experts to perform robust, collaborative data analysis at scale. Established in 2003 and headquartered in Palo Alto, CA, Palantir has made significant strides in the tech industry. Its software is utilized across public institutions, private enterprises, and non-profit sectors to address the complex task of making sense of large, diverse datasets in a responsible manner.
Palantir's key offerings include the Palantir Gotham and Palantir Foundry platforms. Gotham enables institutions to integrate, visualize, and analyze massive amounts of data for critical missions, ranging from defense and anti-fraud initiatives to disease response. Foundry, on the other hand, serves commercial clients by enhancing their data-driven decision-making processes.
The company went public in 2020 and has continuously expanded its global presence, with offices worldwide. Recent achievements include the expansion of strategic partnerships and the deployment of its technologies in various high-impact areas. Financially, Palantir has shown a strong performance, reflecting its growing influence and market penetration.
Palantir’s solutions are pivotal in revolutionizing how organizations approach data integration and analysis. By providing cutting-edge tools that enhance efficiency and accuracy, Palantir continues to support some of the world's most critical missions.
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Palantir Technologies Inc. (PLTR) partners with the University of Colorado Anschutz Medical Campus to establish the Center for Linkage and Acquisition of Data (CLAD) as part of the National Institutes of Health’s (NIH) All of Us Research Program. The center aims to connect new types of information to All of Us participant data to better understand the drivers of health and disease. Palantir's software will serve as the interoperable, digital backbone of the CLAD platform, securely connecting new types of information to provide researchers more information to better understand the factors that influence health.
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Palantir Technologies Inc. (PLTR) and Option Care Health Inc. (OPCH) announced a multi-year commercial partnership to leverage Palantir's AI software to improve patient outcomes and increase efficiency. Option Care Health will use Palantir's Artificial Intelligence Platform (AIP) across nurse scheduling, patient onboarding, purchasing optimization, and supply chain execution. The partnership aims to optimize visits per day, increase patient face time with clinicians, reduce administrative burden, and ensure stockage of drugs and medical supplies while preventing overstocking. Palantir's software is also used across government health organizations, including the National Institutes of Health and the U.K.'s National Health Service.
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Palantir Technologies Inc. (NYSE: PLTR) extends pivotal partnership with the U.S. Army's Program Executive Office for Enterprise Information Systems (PEO EIS) for the Army Vantage data-driven operations and decision-making platform. The one-year contract is valued at $115.04 million, with $97.35 million awarded and initial funding of $35.6 million. The partnership aims to enhance the Army's data platform capability, providing real-time operational enterprise data ecosystem.
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Palantir Technologies Inc. (PLTR) renews its partnership with UniCredit S.p.A to deploy the Palantir Foundry operating system, accelerating the bank’s digital transformation to increase revenue and mitigate risks. The partnership, first established in 2018, aims to streamline sales, operationalize machine learning and AI, enforce policy compliance, and enhance decision making. Palantir Foundry has been extended to all CE&EE UniCredit Legal Entities, driving process efficiencies and improving campaign management. UniCredit noted a four-fold increase in customer redemption of protection products through better targeting.
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Palantir Technologies Inc. (NYSE:PLTR) announced its financial results for Q3 2023. The highlights include GAAP net income of $72 million, representing a 13% margin, and adjusted EPS of $0.07. Revenue grew 17% year-over-year to $558 million, with commercial revenue growing 23% to $251 million. The company also reported a 34% increase in customer count and a 37% increase in US commercial customer count. Cash from operations was $133 million, and cash, cash equivalents, and short-term US treasury securities totaled $3.3 billion.
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CalypsoAI partners with Palantir Technologies to make its AI security platform available to government agencies through Palantir's FedStart program. CalypsoAI's platform prevents sensitive company information from being shared on public large language models, identifies and stops malicious attacks deployed through generative AI tools, and verifies LLM output. The partnership will enable CalypsoAI to expand its solutions in the government sector and accelerate adoption by more government customers.
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Palantir Technologies has been recognized as a top performer in the 2023 AI, Data Science, and Machine Learning Wisdom of Crowds® Market Study by Dresner Advisory Services. The company received high scores in analytical features & functions, model operations, and usability. Palantir's Artificial Intelligence Platform (AIP) enables organizations to bring the power of Generative AI into their critical operations.
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Palantir Technologies Inc. to release Q3 2023 results on November 2, 2023
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Palantir Technologies awarded $250 million contract by the Army to provide AI and ML capabilities.
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Palantir Technologies announces strategic Alliance with PwC to leverage AI capabilities and industry experience for value creation and operational transformation.
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FAQ
What is the current stock price of Palantir Technologies (PLTR)?
The current stock price of Palantir Technologies (PLTR) is $101.39 as of February 21, 2025.
What is the market cap of Palantir Technologies (PLTR)?
The market cap of Palantir Technologies (PLTR) is approximately 249.2B.
What is Palantir Technologies Inc. known for?
Palantir Technologies Inc. is known for building software platforms that help experts perform powerful, collaborative analysis of large datasets.
What are the main products of Palantir?
Palantir’s main products include Palantir Gotham and Palantir Foundry. Gotham serves public institutions, while Foundry is aimed at commercial clients.
When was Palantir Technologies Inc. founded?
Palantir Technologies Inc. was founded in 2003.
Where is Palantir Technologies Inc. headquartered?
Palantir Technologies Inc. is headquartered in Palo Alto, CA.
When did Palantir go public?
Palantir went public in 2020.
What sectors does Palantir serve?
Palantir serves public institutions, private enterprises, and non-profit organizations.
What is Palantir Gotham used for?
Palantir Gotham is used for integrating, visualizing, and analyzing large amounts of data, particularly for defense, anti-fraud, and disease response missions.
What is the purpose of Palantir Foundry?
Palantir Foundry is designed to enhance data-driven decision-making processes for commercial clients.
How has Palantir expanded recently?
Palantir has expanded through strategic partnerships and by deploying its technologies in various high-impact areas.
What impact do Palantir's solutions have on organizations?
Palantir's solutions help organizations efficiently and accurately integrate and analyze data, thus supporting critical missions and enhancing overall performance.
Palantir Technologies Inc
NYSE:PLTR
PLTR Rankings
PLTR Stock Data
249.24B
2.13B
5.1%
53.22%
3.68%
Software - Infrastructure
Services-prepackaged Software
United States
DENVER