Palantir Technologies (CHIX:1PLTRM) Shares Outstanding (Basic Average): 2,394 Mil (As of Mar. 2026)


CHIX:1PLTRM Palantir Technologies Inc CHIX:1PLTRM
81 GF Score
Price €151.06
GF Value €176.51
! 4 Warning Signs
View Full Analysis

What is Palantir Technologies Shares Outstanding (Basic Average)?

Palantir Technologies CHIX:1PLTRM 81 Shares Outstanding (Basic Average) is 2,394 Mil as of Mar. 2026. GuruFocus rates CHIX:1PLTRM with a GF Score™ of 81/100 and a GF Value™ of €176.51. The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Palantir Technologies's average basic shares outstanding for the quarter that ended in Mar. 2026 was 2,394 Mil.


Palantir Technologies  (CHIX:1PLTRm) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Palantir Technologies Shares Outstanding (Basic Average) Related Terms


Palantir Technologies Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Palantir Technologies's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Palantir Technologies Shares Outstanding (Basic Average) Chart

Palantir Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 1,920.81 2,060.79 2,147.45 2,250.16 2,369.61

Palantir Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,348.68 2,361.75 2,373.70 2,397.43 2,393.87
CHIX:1PLTRM
81GF Score
Palantir Technologies Inc CHIX:1PLTRM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palantir Technologies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 2,394 Mil mean?
Palantir Technologies (CHIX:1PLTRM) has a Shares Outstanding (Basic Average) of 2,394 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Palantir Technologies and its competitors.
Is Palantir Technologies' Shares Outstanding (Basic Average) too high?
Palantir Technologies' current Shares Outstanding (Basic Average) is 2,394 Mil. Overall, Palantir Technologies has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Palantir Technologies' Shares Outstanding (Basic Average) compare to PANW and CRWD?
Palantir Technologies' Shares Outstanding (Basic Average) of 2,394 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Software company?
A good Shares Outstanding (Basic Average) depends on the Software industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Palantir Technologies and its competitors. Palantir Technologies's current Shares Outstanding (Basic Average) is 2,394 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palantir Technologies stock overvalued right now?
Palantir Technologies (CHIX:1PLTRM) has a current Shares Outstanding (Basic Average) of 2,394 Mil. The stock's GF Value™ is €176.51, compared to a current price of €151.06 — trading 14.4% below its estimated fair value. The current Shares Outstanding (Basic Average) is 2,394 Mil. Palantir Technologies' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Palantir Technologies (CHIX:1PLTRM), the current Shares Outstanding (Basic Average) is 2,394 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palantir Technologies (CHIX:1PLTRM) Overvalued in 2026?

Based on GuruFocus' analysis, Palantir Technologies stock appears to be undervalued. The current stock price of €151.06 is trading 14.4% below its estimated GF Value™ of €176.51.

Key valuation signals for CHIX:1PLTRM:

  • Shares Outstanding (Basic Average): 2,394 Mil
  • GF Value™: €176.51 vs. price of €151.06 (14.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the CHIX:1PLTRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palantir Technologies Business Description

Address 19505 Biscayne Boulevard, Suite 2350, Aventura, FL, USA, 33180
Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The company was founded in 2003 and went public in 2020.
81GF Score

Get the complete analysis for CHIX:1PLTRM

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€151.06
Price
€176.51
GF Value