Palantir Technologies (NASDAQ:PLTR) Stock Moved Down to “Hold” by Phillip Securities

Phillip Securities downgraded shares of Palantir Technologies (NASDAQ:PLTR) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks reports.

Several other equities research analysts have also recently weighed in on PLTR. Wedbush assumed coverage on shares of Palantir Technologies in a research note on Tuesday, June 16th. They issued an “outperform” rating for the company. Northland Securities set a $200.00 price target on Palantir Technologies in a research note on Tuesday, August 4th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $25.50 to $133.00 in a research note on Monday, June 29th. Weiss Ratings raised Palantir Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Finally, Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.54.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $209.00 on Monday. Palantir Technologies has a fifty-two week low of $106.37 and a fifty-two week high of $212.94. The firm has a fifty day moving average price of $179.67 and a two-hundred day moving average price of $150.60. The company has a market cap of $502.24 billion, a PE ratio of 178.63, a price-to-earnings-growth ratio of 2.87 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the business posted $0.16 EPS. The business’s quarterly revenue was up 92.8% on a year-over-year basis. Analysts expect that Palantir Technologies will post 1.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 35,000 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $100,081,780.20. The trade was a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 536,364 shares of company stock worth $93,083,303. Insiders own 9.53% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

Several large investors have recently modified their holdings of the stock. Ballast Advisors LLC bought a new stake in shares of Palantir Technologies during the 1st quarter valued at $29,000. Whipplewood Advisors LLC acquired a new stake in shares of Palantir Technologies during the 1st quarter worth $32,000. Reflection Asset Management acquired a new stake in shares of Palantir Technologies during the 4th quarter worth $35,000. C M Bidwell & Associates Ltd. bought a new position in shares of Palantir Technologies in the second quarter worth $35,000. Finally, Monetary Solutions Ltd bought a new position in shares of Palantir Technologies in the fourth quarter worth $36,000. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies News Roundup

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Palantir and Ondas announced the formation of Regna AI, a standalone company focused on secure, sovereign and mission-specialized AI models for defense and other mission-critical operations. The platform is expected to support drones, ground vehicles, unmanned vessels and surveillance systems, potentially expanding Palantir’s defense-market reach. Ondas Announces Regna AI, Powered by Palantir, to Advance Sovereign AI
• Positive Sentiment: Analyst commentary remains broadly supportive. One report said roughly 70% of Wall Street analysts now rate PLTR a Buy, citing rising earnings estimates and AI-driven growth. Other coverage remains bullish ahead of third-quarter results, while Goldman Sachs reportedly raised its 12-month price target. Palantir’s Price Tag Scared Wall Street. Why More Analysts Are Bullish
• Positive Sentiment: Palantir scheduled its third-quarter 2026 earnings release for November 2 after the U.S. market close, followed by a webcast. The event gives investors a near-term catalyst to assess whether the company can sustain its previously reported 93% revenue growth and strong commercial momentum. Palantir Announces Date of Third Quarter 2026 Earnings Release and Webcast

About Palantir Technologies

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.