Palantir Technologies (NASDAQ:PLTR) Trading 4.2% Higher – What’s Next?

Palantir Technologies Inc. (NASDAQ:PLTR)’s stock price rose 4.2% during mid-day trading on Wednesday . The company traded as high as $136.09 and last traded at $134.19. Approximately 52,533,228 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 51,137,344 shares. The stock had previously closed at $128.84.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: New GE Aerospace partnership tied to a Defense Logistics Agency award — Palantir will supply AI/data analytics to optimize supply chains and fleet management for Air Force J85 engines, a contract that reinforces Palantir’s traction in mission-critical defense work. Benzinga: Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: DISA Impact Level 6 provisional authorization for PFCS Forward opens sensitive DoD cloud/edge deployments — expands TAM for Palantir’s stack and strengthens government revenue durability. MarketBeat: Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Large federal deals and commercial partnerships (DHS agreement reportedly ~$1B; Rackspace partnership to deploy Foundry/AIP) support recurring revenue and commercial acceleration. These announcements are driving bullish investor narratives. Yahoo Finance: Palantir’s DHS Deal And Rackspace Tie Up
• Neutral Sentiment: Analyst and strategy write-ups (Zacks, Motley Fool, Seeking Alpha) highlight strong earnings, margin expansion and AIP adoption — supportive for the long term but not decisive versus near‑term technical selling. Zacks: Here’s Why PLTR Is a Strong Growth Stock
• Neutral Sentiment: Options and income strategies are circulating (selling puts / protective trades) as traders position around volatility — signals active trading interest but mixed directional conviction. Seeking Alpha: Earn A 15%+ Yield Selling Put Options On Palantir
• Negative Sentiment: Heavy insider selling — multiple senior insiders (including CEO-level and other executives) disclosed large sales in recent filings, creating governance optics that press on valuation and investor confidence. SEC Insider Filings / MarketBeat summary
• Negative Sentiment: Governance and legal scrutiny (CEO expense scrutiny, lawsuit in Europe, HQ move to Miami) are keeping some institutions and risk‑sensitive investors on the sidelines. Those headlines contribute to recent volatility and downward pressure. Yahoo Finance: Palantir Move To Miami Tests Governance Concerns
• Negative Sentiment: Prominent bearish voices and valuation skeptics (e.g., Michael Burry commentary and articles citing big pullbacks from highs) plus sector-wide AI/tech swings amplify profit‑taking risk given PLTR’s high beta. 24/7 Wall St.: Michael Burry Says Palantir Is Worth $46

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PLTR shares. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Truist Financial began coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group decreased their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Finally, Phillip Securities initiated coverage on shares of Palantir Technologies in a report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $191.05.

Palantir Technologies Trading Up 4.2%

The company has a market cap of $319.83 billion, a PE ratio of 213.00, a P/E/G ratio of 2.51 and a beta of 1.64. The firm’s 50-day simple moving average is $162.65 and its two-hundred day simple moving average is $170.75.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insiders Place Their Bets

In related news, insider David A. Glazer sold 17,438 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the transaction, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ryan D. Taylor sold 19,988 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the transaction, the insider directly owned 219,421 shares of the company’s stock, valued at $29,340,976.12. This represents a 8.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,054,279 shares of company stock valued at $142,212,233. Insiders own 12.93% of the company’s stock.

Institutional Trading of Palantir Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the business. LFA Lugano Financial Advisors SA acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at about $27,000. Bare Financial Services Inc raised its position in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in Palantir Technologies in the second quarter valued at approximately $29,000. Basepoint Wealth LLC acquired a new position in Palantir Technologies in the fourth quarter valued at approximately $29,000. Finally, Zeit Capital LLC purchased a new stake in Palantir Technologies in the 2nd quarter worth approximately $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

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.