Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigations and operations. It has built four principal software platforms, including Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP). Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems. Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. We show 20 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. |
Free PLTR Email Alerts:
Video: The Importance of Market Cap
