Palantir Technologies builds and deploys software platforms, serve as the central operating systems. Co.'s principal software platforms are Palantir Gotham (Gotham), Palantir Foundry (Foundry), and Palantir Apollo (Apollo). Gotham enables users to identify patterns hidden within datasets, ranging from signals intelligence sources to reports from confidential informants. Foundry transforms the ways organizations operate by creating a central operating system for their data. Individual users can integrate and analyze the data they need in one place. Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of features, security updates, and platform configurations. We show 13 historical shares outstanding datapoints in our PLTR shares outstanding history coverage, used to compute PLTR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLTR market cap history over the course of time is important for investors
interested in comparing PLTR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PLTR versus a peer is one thing; comparing
PLTR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PLTR can fluctuate over the course of history.
With this page we aim to empower investors researching PLTR by allowing them to research the PLTR market cap history. |
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Video: The Importance of Market Cap
