$Palantir Technologies Inc.(PLTR)$
Palantir (PLTR) is a software company founded in 2003 that provides data analytics and integration platforms for government and commercial organizations. Some key points about Palantir:
- Palantir was co-founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp. The company name is a reference to the 'Palantíri' from J.R.R. Tolkien's Lord of the Rings universe.
- Palantir's main products are Gotham (for government/defense) and Foundry (for commercial enterprises). These platforms integrate and analyze large, disparate datasets to help organizations make data-driven decisions.
- The company has faced some controversy over the years regarding its work with government agencies, particularly around issues of privacy and civil liberties. This has made it a polarizing company in the tech industry.
- Palantir went public via direct listing on the NYSE in September 2020. The stock price has been volatile since then, ranging from around $10 to $45 per share.
- In recent years, Palantir has been expanding its commercial customer base beyond its traditional government/defense focus. This has included partnerships and contracts with companies in sectors like healthcare, energy, and manufacturing.
- Palantir positions itself as a leader in the 'big data' and 'data integration' software markets, competing with companies like Splunk, IBM, and Microsoft. However, it remains a relatively niche player compared to some of the tech giants.
Let me know if you need any other details about Palantir and its business!
Comments
Palantir’s Foundry is catching fire in commercial sectors. Watch for that to drive the next rally! 🔥
Palantir's expansion beyond government into healthcare is a game-changer. More contracts, more growth!
Controversies aside, their data platforms are top-notch. Betting on long-term growth here.