Palantir Technologies (NASDAQ:PLTR) Price Target Raised to $207.00

Palantir Technologies (NASDAQ:PLTR) had its target price raised by Cantor Fitzgerald from $156.00 to $207.00 in a report released on Monday morning,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the stock.

A number of other analysts have also commented on PLTR. William Blair reissued an “outperform” rating on shares of Palantir Technologies in a report on Wednesday, August 26th. Mizuho raised their target price on Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Wolfe Research started coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. Weiss Ratings raised Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $214.53.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $171.70 on Monday. The firm has a 50-day moving average of $186.84 and a 200-day moving average of $153.86. The company has a market cap of $412.61 billion, a PE ratio of 120.07, a PEG ratio of 3.04 and a beta of 1.65. Palantir Technologies has a one year low of $106.37 and a one year high of $212.94.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the prior year, the business posted $0.21 EPS. The firm’s revenue was up 95.9% compared to the same quarter last year. On average, equities research analysts expect that Palantir Technologies will post 1.33 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, Director Eric H. Woersching sold 1,000 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the completion of the sale, the director owned 3,465 shares in the company, valued at approximately $710,325. This trade represents a 22.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction that occurred on 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 transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This represents a 7.11% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders sold 523,716 shares of company stock valued at $92,212,379 in the last quarter. 9.53% of the stock is owned by company insiders.

Hedge Funds Weigh In On Palantir Technologies

Institutional investors have recently modified their holdings of the business. Keybank National Association OH boosted its position in shares of Palantir Technologies by 18.9% during the 3rd quarter. Keybank National Association OH now owns 38,856 shares of the company’s stock valued at $7,268,000 after acquiring an additional 6,187 shares during the last quarter. Triton Wealth Management PLLC grew its holdings in shares of Palantir Technologies by 15.4% during the third quarter. Triton Wealth Management PLLC now owns 4,353 shares of the company’s stock worth $748,000 after purchasing an additional 581 shares in the last quarter. D Orazio & Associates Inc. increased its position in shares of Palantir Technologies by 9.0% in the third quarter. D Orazio & Associates Inc. now owns 4,222 shares of the company’s stock worth $790,000 after purchasing an additional 348 shares during the last quarter. Account Management LLC bought a new position in shares of Palantir Technologies in the third quarter worth approximately $1,440,000. Finally, New York Life Investment Management LLC raised its stake in Palantir Technologies by 14.0% in the third quarter. New York Life Investment Management LLC now owns 365,072 shares of the company’s stock valued at $68,287,000 after purchasing an additional 44,848 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir beat Q3 estimates, with revenue rising 96% year over year to $2.31 billion and earnings also topping expectations. It raised its 2026 revenue outlook to $8.5 billion and forecast Q4 revenue of $2.6 billion to $2.7 billion. U.S. commercial revenue surged 148% and exceeded U.S. government revenue for the first time. Palantir beats Q3 estimates and raises outlook
• Positive Sentiment: Barclays raised its price target to $273 and kept an Overweight rating, reflecting optimism about Palantir’s growth prospects. Barclays price target update
• Positive Sentiment: Palantir announced a partnership with footwear manufacturer Changshin to use Foundry and AIP across product development and factory operations, adding a commercial customer and use case. Changshin and Palantir partnership
• Neutral Sentiment: ARK bought Palantir shares while some ETFs also added to their holdings, signaling investor support, though these flows do not resolve concerns about fundamentals or valuation. ETF purchases of Palantir shares
• Negative Sentiment: Investors focused on slower bookings: total contract value grew 6%, versus 49% in the prior quarter, while U.S. commercial contract-value growth also decelerated. That raised questions about whether future demand will translate into new contracts as quickly as revenue growth suggests. Analysts cite bookings growth concerns
• Negative Sentiment: Palantir’s lofty valuation leaves little room for disappointment, and broader concerns about an AI-stock bubble may amplify volatility. Midterm election results also raised concern that a proposed defense budget could be reduced, potentially affecting government-related demand. Election-related concerns for Palantir

Palantir Technologies Company Profile

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.