Using density functional theory, the electronic and optical properties of monolayer platinum dichalcogenides (PtX<sub>2</sub>) are calculated. It is observed that PtS<sub>2</sub>, PtSe<sub>2</sub>, and PtTe<sub>2</sub> have indirect bandgap of 2.70, 1.94, and 0.82 eV, respectively, indicating their potential in light harvesting. According to the calculated absorption spectra, PtX<sub>2</sub> (X = S, Se, Te) absorbs the light extremely well in the visible range (300–700 nm), implying potential as third-generation solar absorber in tandem configuration. The calculated device absorption efficiency increases above 90% at smaller wavelengths (300–350 nm). As a result, strong absorption across the entire light spectrum, from visible to UV, is exhibited. Interestingly, the top cell in tandem architecture requires a wider bandgap and strong device absorption efficiency, and these conditions are perfectly fulfilled by the materials PtS<sub>2</sub> and PtSe<sub>2</sub>. The narrower gap (0.82 eV) and strong absorption of PtTe<sub>2</sub> make it an excellent candidate for bottom cell in tandem architecture. Furthermore, it is observed that PtX<sub>2</sub> family is useful for oxidizing H<sub>2</sub>O into O<sub>2</sub> but fails to reduce H<sup>+</sup> to H<sub>2</sub>. Thus, suitable bandgap, photocatalytic property for splitting water, and strong absorption efficiency make PtX<sub>2</sub> an efficient candidate for application in optoelectronic devices, photocatalysis, and solar cells.