Palantir Technologies (NASDAQ:PLTR – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Rosenblatt Securities in a research note issued on Wednesday,Benzinga reports. They presently have a $200.00 price target on the stock. Rosenblatt Securities’ price target indicates a potential upside of 27.00% from the company’s previous close.
Several other equities analysts also recently commented on PLTR. Argus upgraded shares of Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. Wall Street Zen downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research report on Tuesday, February 3rd. Finally, Truist Financial started coverage on shares of Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $198.59.
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Palantir Technologies Stock Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. On average, analysts predict that Palantir Technologies will post 0.31 EPS for the current fiscal year.
Insider Buying and Selling at Palantir Technologies
In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider directly owned 43,108 shares in the company, valued at $5,564,380.64. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,045,279 shares of company stock valued at $140,539,043 over the last three months. 12.93% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. lifted its position in Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Prentice Wealth Management LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth about $550,000. Watershed Private Wealth LLC raised its position in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after buying an additional 3,350 shares in the last quarter. GAM Holding AG lifted its holdings in shares of Palantir Technologies by 39.0% in the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after acquiring an additional 3,868 shares during the last quarter. Finally, Pinkerton Wealth LLC bought a new position in shares of Palantir Technologies in the 2nd quarter valued at about $3,394,000. 45.65% of the stock is owned by institutional investors.
Key Stories Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Pentagon designates Palantir’s Maven AI as a formal “program of record,” which implies multi-year budget treatment and deeper embedded defense spending — a major revenue-visibility catalyst for PLTR. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
- Positive Sentiment: Reports say Palantir is teaming with Anduril to develop software for the $185B Golden Dome antimissile shield — a high-profile, politically prioritized defense program that could produce large, long-duration contracts. Anduril, Palantir developing Golden Dome missile shield’s software, source says
- Positive Sentiment: Palantir won a UK Financial Conduct Authority trial contract and is expanding public-sector work internationally — supports thesis of recurring, high-margin government AI sales. Britain’s FCA defends Palantir contract award before lawmakers
- Positive Sentiment: New commercial partnerships (AI mortgage platform with Moder and Freedom Mortgage; Centrus Energy engagement) point to enterprise expansion beyond defense, diversifying potential high-margin revenue streams. Palantir Announces AI Mortgage Platform Partnership
- Neutral Sentiment: Several broker notes and analyst coverage (including “moderate buy” composite) are supporting sentiment and raising price targets — helpful for momentum but not guaranteed to move fundamentals. Palantir Receives Average Rating of “Moderate Buy” from Brokerages
- Neutral Sentiment: Earlier intraday selling reflected broad tech-sector weakness; PLTR has moved with macro swings even when company-specific wins arrive — watch market breadth for sustainability. Palantir Stock Drops 5% Even With Major Pentagon and UK Contract Wins
- Negative Sentiment: Valuation concerns remain prominent (very high P/E and premium multiples) and some commentary still calls PLTR “polarizing” — a risk for profit-taking if growth expectations slip. This Is the Most Hated Tech Stock on Wall Street Right Now, and I Think It’s a Buy
- Negative Sentiment: Political scrutiny and reputational headlines (links to political figures and campaign controversies) could create regulatory or PR friction that periodically pressures the stock. Palantir turns poisonous on the campaign trail
Palantir Technologies Company Profile
Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.
Palantir’s product portfolio centers on a small number of core platforms.
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