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There are three red flags with Palantir that analysts are concerned about. First, Palantir’s employee headcount expanded by just 5% in 2024 after declining by 3% in 2023. In the last two years, its net new hires totaled 98 employees. Second, CEO Alex Karp filed paperwork for prearranged share sale, spooking investors. Finally, last month, Palantir’s chief accounting officer, Heather Planishek, announced her resignation.
However, the good news is that Palantir just lifted one of its red flags. The company appointed Jeffrey Buckley as its new chief accounting officer, effective March 24, 2025. Buckley will replace David Glazer, who has served in the role on an interim basis since Feb. 25 following Planishek’s resignation.