We make products for human-driven analysis of real-world data. We're focused on creating the world's best user experience for working with data, one that empowers people to ask and answer complex questions without requiring them to master querying languages, statistical modeling, or the command line.
Does Palantir make money?
Palantir is also not yet profitable, despite the fact that it has been around for around 17 years now. Separately, the company is getting more dependent on government customers, rather than scaling up its corporate user base.Dec 8, 2021
Is Palantir a good company?
Palantir is known as one of the top providers of data analytics in the industry to some big government agencies. It has remained loyal to the U.S. government and this has helped it win multiple deals. For Q2, Palantir stated that revenue from the U.S. government had grown 90% YoY.
Does Palantir pay well?
How much do people at Palantir Technologies get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Palantir Technologies is $139,143, or $66 per hour, while the estimated median salary is $143,264, or $68 per hour.
Is Palantir prestigious?
It helps that it is, overall, a smaller company. This is why the prestige associated with Palantir is much higher than the average prestige of Google in the tech world.
Is Palantir a good employer?
92% of employees at Palantir.net, Inc. say it is a great place to work compared to 59% of employees at a typical U.S.-based company.
Why is Palantir not profitable?
Thus the only answer available to us is the facile answer: Palantir is not profitable because its expenses exceed its revenues. But we can speculate a bit about why its revenues are not growing quickly enough relative to its expenses. Palantir is very much a consulting firm.
Why is Palantir stock going up?
Things have been looking up for big data and analytics player Palantir (NYSE:PLTR) in recent months, with the company posting robust Q2 earnings and improving the growth rates for its closely tracked commercial operations as business picks up with the Covid-19 reopening.Jan 5, 2022
Is Palantir stock overpriced?
Shares of Palantir are not overvalued, they trade at 16X FY 2025 projected free cash flow. Commercial revenue acceleration, new product launches, expansion of the free cash flow margin and potential SPAC deal pay-offs support Palantir's valuation.
Who owns most of Pltr?
Stockholder Stake Total value ($)
----------------------------- ----- ---------------
The Vanguard Group, Inc. 6.08% 2,109,219,613
BlackRock Fund Advisors 3.31% 1,148,233,590
ARK Investment Management LLC 1.85% 642,510,641
SSgA Funds Management, Inc. 1.68% 582,577,397
Who bought Palantir stock?
buying by mutual funds. As of Sept. 30, 699 mutual funds owned Palantir stock, up from 556 in June. Those earning an A+ from IBD include Vanguard Growth Index Investor (VIGRX), Rydex Technology Fund (RYTIX) and American Beacon ARK Transformational Innovation Fund (ADNPX).
Does Vanguard own Palantir?
Vanguard Group Inc reports 20.98% increase in ownership of PLTR / Palantir Technologies Inc. 2021-11-12 - Vanguard Group Inc has filed a 13F-HR form disclosing ownership of 119,267,077 shares of Palantir Technologies Inc. Class A (US:PLTR) with total holdings valued at $2,867,182,000 USD as of 2021-09-30.