PLTR Palantir Technologies Inc.
Price Chart
Executive Summary
Palantir Technologies Inc. was awarded an $86.3M contract by the Department of Homeland Security (DHS) to modernize the Enforcement Case Management System for U.S. Immigration and Customs Enforcement (ICE). This is a material new task order on Palantir's existing case management and analytics platform, reinforcing its entrenched position in federal immigration enforcement technology.
Actionable Insight
This contract adds to Palantir's government backlog and signals deepening DHS/ICE dependency on its platform. With the cross-filing amplifier indicating strong historical returns for contract+earnings context, monitor the next earnings call for backlog growth and margin commentary on this award. The 63% win rate on prior PLTR reports supports a constructive view.
Key Facts
- Award amount: $86,271,599.30
- Awarding agency: Department of Homeland Security (DHS)
- Contract supports ICE's Enforcement Removal Operations modernization
- Scope: Enforcement Case Management System on Palantir's Case Management and Analytics Platform
- Start date: 2026-05-05
Financial Impact
$86.3M contract award; Palantir's FY2025 revenue was $2.87B, making this ~3.0% of annual revenue
Risk Factors
- Government contract execution risk; potential delays or scope changes
- Political risk from immigration enforcement policy shifts
- Continuing resolution or budget sequestration could affect future task orders
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-70CTD026FC0000012 |
Filters
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Jun 5, 2026
today
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ANALYST-UPGRADE
| $133.10 awaiting T+20 | awaiting T+20 | — | $135.38 (+1.72%) |
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Jun 3, 2026
2d ago
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Insider Cluster
| — | awaiting T+20 | — | — |
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May 31, 2026
4d ago
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ANALYST-DOWNGRADE
| $146.05 $160.65 | ▼ −10.00% | ▼ −4.35% | $135.38 (+7.30%) |
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May 31, 2026
4d ago
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ANALYST-UPGRADE
| $137.12 $143.06 | ▲ +4.33% | ▲ +11.89% | $135.38 (−1.26%) |
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May 30, 2026
6d ago
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ANALYST-UPGRADE
| $139.08 $156.57 | ▲ +12.58% | ▲ +7.35% | $135.38 (−2.66%) |
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May 23, 2026
13d ago
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Insider Cluster
| — | awaiting T+20 | — | — |
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May 23, 2026
13d ago
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Insider Cluster
| — | awaiting T+20 | — | — |
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May 23, 2026
13d ago
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Insider Cluster
| — | awaiting T+20 | — | — |
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May 6, 2026
4w ago
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ANALYST-UPGRADE
| $133.74 $142.20 | ▲ +6.33% | ▲ +3.55% | $135.38 (+1.23%) |
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May 5, 2026
4w ago
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GOVT-CONTRACT
| $135.84 $152.17 | ▲ +12.02% | ▲ +7.07% | $135.38 (−0.33%) |
US Market Status
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