Analysts Offer Predictions for PLTR FY2026 Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Palantir Technologies in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey expects that the company will post earnings per share of $0.41 for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $110.00 target price on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.31 per share.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.13 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.13. Palantir Technologies had a return on equity of 6.85% and a net margin of 16.13%. The firm had revenue of $883.86 million during the quarter, compared to analyst estimates of $863.89 million. During the same quarter last year, the business posted $0.08 earnings per share. The business’s quarterly revenue was up 39.4% compared to the same quarter last year.

Several other analysts also recently issued reports on the stock. DA Davidson raised their price objective on shares of Palantir Technologies from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 6th. Citigroup upped their price target on shares of Palantir Technologies from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, May 8th. Royal Bank of Canada reiterated an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, May 6th. The Goldman Sachs Group lifted their price target on shares of Palantir Technologies from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, May 6th. Finally, UBS Group increased their price objective on Palantir Technologies from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, May 6th. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $83.95.

Palantir Technologies Trading Up 3.4%

PLTR opened at $132.06 on Tuesday. The firm has a market cap of $311.65 billion, a P/E ratio of 695.09, a P/E/G ratio of 10.84 and a beta of 2.64. The stock has a 50-day moving average of $110.90 and a 200 day moving average of $93.06. Palantir Technologies has a 12 month low of $21.23 and a 12 month high of $135.28.

Hedge Funds Weigh In On Palantir Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Mechanics Financial Corp purchased a new stake in shares of Palantir Technologies during the first quarter worth about $25,000. Roxbury Financial LLC acquired a new stake in Palantir Technologies during the fourth quarter worth about $27,000. Wealth Preservation Advisors LLC purchased a new stake in shares of Palantir Technologies during the 1st quarter valued at approximately $27,000. 1248 Management LLC acquired a new stake in shares of Palantir Technologies during the 1st quarter worth about $27,000. Finally, HighMark Wealth Management LLC raised its position in Palantir Technologies by 73.5% in the fourth quarter. HighMark Wealth Management LLC now owns 392 shares of the company’s stock valued at $30,000 after purchasing an additional 166 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insiders Place Their Bets

In related news, insider Ryan D. Taylor sold 3,936 shares of the firm’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $125.97, for a total transaction of $495,817.92. Following the completion of the transaction, the insider now owns 363,755 shares of the company’s stock, valued at $45,822,217.35. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David A. Glazer sold 3,418 shares of Palantir Technologies stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $125.97, for a total value of $430,565.46. Following the transaction, the insider now owns 492,079 shares of the company’s stock, valued at $61,987,191.63. The trade was a 0.69% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,894,925 shares of company stock valued at $369,820,528. 9.23% of the stock is owned by insiders.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.