How to Buy Palantir Stock
Palantir Technologies Inc
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.
Palantir stock last closed at $118.44, up 2.03% from the previous day, and has increased 439.1% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 4.98 percentage points. Palantir stock is currently +477.76% from its 52-week low of $20.50, and -5.56% from its 52-week high of $125.41.
At the moment, there are 2.35B PLTR shares outstanding. The market value of PLTR is $277.78B. In the past 24 hours, 108.45M PLTR shares were traded.
How to Buy Palantir Stock
Not sure how to invest in Palantir stock? Here's how.
- Decide where to buy Palantir stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Palantir stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Evaluate Palantir stock: The Palantir ticker symbol is PLTR. Is Palantir stock a good investment? Should you buy shares of PLTR? How do PLTR's underlying business fundamentals look? Do top analysts think Palantir is a good buy? Why has PLTR's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if PLTR is a good stock to buy).
- Execute your PLTR purchase: Decide if you will purchase PLTR shares at the current market price or use a limit order to buy PLTR shares at a particular price.
- Keep tabs on your PLTR investment: Create a watchlist to key updates about your investment in Palantir shares.
Step 1: Decide where to buy Palantir stock
You need a brokerage account to access the NASDAQ market and buy PLTR stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you can invest in PLTR stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock investing app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring money into your new brokerage account.
Step 4: Evaluate Palantir stock
After you have decided on the best place to buy Palantir stock, it's important to analyze their stock before you invest, so you can understand the risk and opportunity.
Palantir stock data
Palantir Due Diligence Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on PLTR's stock page.
Is PLTR stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PLTR's true value.
Using relative valuations metrics:
- PLTR may be undervalued based on its P/E ratio of 564x, relative to Software - Infrastructure industry P/E ratio of -75.94x
- PLTR could be overvalued based on its P/B ratio of 55.52x, relative to Software - Infrastructure industry P/B ratio of 10x
- PLTR could be overvalued based on its PEG ratio of 15.86x
You can do more valuation analysis on PLTR's stock here.
A look at PLTR Cashflows and Balance Sheet
Signs that PLTR is financially healthy:
- Total PLTR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the PLTR balance sheet.
- PLTR earnings of $483.45M is not enough to cover its interest payments.
- PLTR has a low debt to equity ratio of 0.25.
- PLTR's operating cash flow of $1.15B allows it to safely service it's debt of $239.22M.
- PLTR profit margin has gone up from 9.4% to 16.1% in the past year.
- There are more short-term assets than long-term liabilities on the PLTR balance sheet.
Do analysts think it's a good time to buy Palantir stock
Out of 15 Equities analysts who give forecasts on PLTR, the consensus analyst rating on PLTR is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest PLTR Analyst Recommendations
Tyler Radke, a top 10% analyst from Citigroup maintains PLTR with a hold rating and raises their PLTR price target from $42.00 to $110.00, on Feb 5, 2025.
Citigroup's Tyler Radke raised their price target on Palantir (NASDAQ: PLTR) by 161.9% from $42 to $110 on 2025/02/05. The analyst maintained their Hold rating on the stock.
Palantir reported its Q4 and FY 2024 earnings on 2025/02/03.
Radke summed up the print as "another impressive all-around beat."
The analyst detailed that most key performance indicators reaccelerated, driven by strength in the U.S. against tough comps.
Radke noted that Palantir's bookings metrics improved substantially, with its U.S. Commercial segment delivering triple-digit growth.
The analyst explained that they did not re-rate the stock because "there was likely some non-repeatable budget flush in Q4 and Palantir is now facing softer Q1 seasonality."
Earnings Report
Palantir reported:
For Q4 2024:
- EPS of $0.14, which beat the Zacks Consensus Estimate of $0.11 and, by 75%, Q4 2023’s $0.08.
- Revenue of $827.52M, which beat the Zacks Consensus Estimate by 6.44% and, by 36%, Q4 2023’s $608.35M.
For FY 2024:
- EPS of $0.41, up 64% Y/Y.
- Revenue of $2.87B, up 29% Y/Y.
Management guided:
For Q1 2025:
- Revenue of $858M to $862M.
- Operating income of $354M to $358M.
For FY 2025:
- Revenue of $3.74B to $3.76B.
- Operating income of $1.55B to $1.57B.
- Free cash flow of $1.5B to $1.7B.
Co-founder & CEO Alexander C. Karp commented: “Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution.
“Our early insights surrounding the commoditization of large language models have evolved from theory to fact.”
Karl Keirstead, a top 8% analyst from UBS maintains PLTR with a hold rating and raises their PLTR price target from $80.00 to $105.00, on Feb 4, 2025.
Thomas Blakey, a top 10% analyst from Cantor Fitzgerald maintains PLTR with a hold rating and raises their PLTR price target from $72.00 to $98.00, on Feb 4, 2025.
William Power, a top 3% analyst from Baird maintains PLTR with a hold rating and raises their PLTR price target from $70.00 to $100.00, on Feb 4, 2025.
Michael Latimore, a bottom 5% analyst from Northland Securities maintains PLTR with a hold rating and raises their PLTR price target from $38.00 to $80.00, on Feb 4, 2025.
You can dig deeper into what analysts are saying on the Palantir stock forecast page.
PLTR Technical Indicators
PLTR Revenue
Last year, PLTR earnings were $462.19M. Over the last one years, PLTR's earnings have grown by 110% per year. This was faster than the Software - Infrastructure industry average of 36.45%.
Last year, PLTR revenue was $2.87B. In the last five year, PLTR's revenue has increased by 31.01% per year. This was faster than the Software - Infrastructure industry average of 17.58%.
Learn more about PLTR's earnings and revenue performance here.
Who is buying/selling PLTR?
In the last year, insiders at PLTR have sold more shares than they have bought.
Lauren Elaina Friedman Stat, Director of PLTR, was the latest PLTR insider to sell. They sold $65,000.00 worth of PLTR shares on Apr 3, 2025.
Get more info about who owns PLTR shares here.
Does PLTR stock generate passive income?
No, Palantir doesn't provide an income stream by paying out dividends.
PLTR Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your PLTR purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Click the Open button and eToro will place the order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your PLTR investment
Now that you own some PLTR shares, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to get notified of important updates regarding your PLTR stock.
PLTR Feed
How to Buy Stock in Palantir
To summarize, here are the 6 steps for buying Palantir stock:
- Decide where to buy Palantir stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Palantir stock
- Execute your PLTR purchase
- Keep tabs on your PLTR investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Palantir, create a watchlist today.
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