Palantir Technologies (NASDAQ:PLTR) Stock Rated “Overweight” in New Coverage at Barclays

Investment analysts at Barclays began coverage on shares of Palantir Technologies (NASDAQ:PLTR) in a report released on Friday, MarketBeat Ratings reports. The brokerage set an “overweight” rating and a $265.00 price target on the stock. Barclays‘s price objective points to a potential upside of 26.76% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating for the company. The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price on the stock in a report on Thursday. Roth Capital assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock. UBS Group boosted their target price on Palantir Technologies from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Finally, Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and an average target price of $198.75.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $209.05 on Friday. The firm has a fifty day moving average price of $178.00 and a 200-day moving average price of $150.29. The stock has a market cap of $502.36 billion, a PE ratio of 178.68, a price-to-earnings-growth ratio of 2.94 and a beta of 1.60. Palantir Technologies has a 1 year low of $106.37 and a 1 year high of $209.58.

Palantir Technologies (NASDAQ:PLTR) last released its 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 return on equity of 30.57% and a net margin of 49.01%. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business posted $0.16 earnings per share. The firm’s revenue was up 92.8% on a year-over-year basis. On average, research analysts expect that Palantir Technologies will post 1.31 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider directly owned 642,786 shares in the company, valued at $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value 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. 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. Insiders sold a total of 536,364 shares of company stock worth $93,083,303 in the last 90 days. 9.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Palantir Technologies

Several hedge funds have recently added to or reduced their stakes in PLTR. BlackRock Inc. grew its stake in shares of Palantir Technologies by 0.4% during the second quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock valued at $22,146,030,000 after buying an additional 757,322 shares during the last quarter. State Street Corp lifted its stake in shares of Palantir Technologies by 2.8% during the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock worth $12,190,903,000 after acquiring an additional 2,863,874 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Palantir Technologies by 2.8% during the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after acquiring an additional 616,297 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Palantir Technologies by 28.7% during the 1st quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock worth $2,755,883,000 after acquiring an additional 4,201,852 shares during the last quarter. Finally, Amundi boosted its holdings in Palantir Technologies by 2.5% during the 1st quarter. Amundi now owns 16,410,400 shares of the company’s stock valued at $2,400,513,000 after acquiring an additional 398,093 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral and set a $230 price target, citing expanding demand for sovereign AI, customized applications and specialized industry software. The firm believes Palantir’s addressable market and competitive advantages can support further outperformance into 2027. Goldman Sachs Upgrades Palantir to Buy
• Positive Sentiment: Barclays initiated coverage at Overweight with a $265 target, adding another bullish analyst signal. The recommendation suggests Palantir’s accelerating commercial adoption and government relationships may justify continued premium growth expectations. Barclays Starts Palantir Coverage
• Positive Sentiment: Investor enthusiasm is also being supported by Palantir’s reported operating momentum: revenue growth was approximately 93% year over year in the latest quarter, while 2026 guidance and U.S. commercial demand have been raised sharply. Commentary around expanding contracts, 157% net dollar retention and potential 2027 revenue well above consensus is strengthening the long-term bull case. Palantir The Next One Trillion Dollar Company
• Neutral Sentiment: Palantir’s rally has pushed the stock near its 52-week high ahead of the expected November 2 earnings report. Investors are increasingly focused on whether management can deliver another strong quarter and sustain its aggressive guidance trajectory.
• Neutral Sentiment: Analyst comparisons with ServiceNow and CrowdStrike highlight Palantir’s faster AI growth and government-driven advantages, but also emphasize that its valuation is substantially richer than many enterprise-software peers.
• Negative Sentiment: Several analysts warn that the stock is overbought after a roughly 60% rally since the August earnings release. With a very high earnings multiple, even a modest slowdown, disappointing guidance or weaker contract activity could trigger a correction. Palantir Correction Risk
• Negative Sentiment: Reported insider activity has consisted entirely of sales over the past six months, including transactions by senior executives. While these sales may be scheduled or compensation-related, they add a cautionary signal at elevated prices. Zacks also moved its stance to Hold, underscoring the valuation debate.

Palantir Technologies Company Profile

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.