Palantir Technologies (NASDAQ:PLTR) Trading Down 1.1% – What’s Next?

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) traded down 1.1% during mid-day trading on Tuesday . The stock traded as low as $164.69 and last traded at $165.70. 26,342,328 shares were traded during mid-day trading, a decline of 30% from the average session volume of 37,553,453 shares. The stock had previously closed at $167.47.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Bank of America reiterates PLTR as a high-conviction buy for 2026, citing accelerating AI-driven revenue growth and expanding margins that support a bullish multi-year thesis. Bank of America Still Thinks Palantir Is One of the Best Stocks to Buy for 2026
• Positive Sentiment: Phillip Securities initiated coverage with a Buy and a $208 price target, highlighting Palantir’s AI-led growth runway and U.S. market strength — a catalyst for upside if execution/guidebacks match expectations. Analyst Sees Strong AI-Led Growth in Palantir (PLTR), Starts Buy
• Positive Sentiment: HD Hyundai expanded its partnership with Palantir, which could accelerate commercial adoption of Foundry and AIP in industrials — tangible revenue and customer expansion evidence. HD Hyundai and Palantir Technologies (PLTR) Strengthen Their Partnership
• Neutral Sentiment: Market commentary and previews ahead of Q4 (earnings due Feb. 2–3) are polarized — some see “free upside” and an AI bifurcation opportunity for Palantir, while others warn of volatility; earnings will likely be the near-term catalyst. Palantir Q4 Preview: Set To Win The AI Bifurcation Trade
• Neutral Sentiment: Leveraged funds tied to PLTR (e.g., PTIR) have amplified returns this past year, underscoring that outsize moves in PLTR can be magnified for retail flows — increases trading volatility but not fundamental direction. Going Full Send On Palantir Stock Actually Made 179% Returns Look Easy | PLTR PTIR
• Negative Sentiment: RBC Capital published a stark negative view arguing PLTR could fall as low as $50, pointing to valuation risk and noting heavy insider selling over the past six months — a headline that likely pressured sentiment and selling today. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
• Negative Sentiment: TipRanks and other outlets reiterate RBC’s bearish stance ahead of Q4, reinforcing downside narrative around valuation and near-term execution risk. RBC Capital Remains Bearish on Palantir Stock (PLTR) Ahead of Q4 Earnings. Here’s Why
• Negative Sentiment: Reputational/regulatory risk: reporting that Palantir tools may be used by ICE to track Medicaid recipients has drawn scrutiny and could invite political/regulatory headwinds. Palantir/ICE connections draw fire as questions raised about tool tracking Medicaid data to find people to arrest

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PLTR shares. The Goldman Sachs Group lifted their price objective on Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Wall Street Zen lowered Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Northland Securities raised their price objective on shares of Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Finally, CICC Research lifted their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $184.07.

Palantir Technologies Price Performance

The firm has a market cap of $394.94 billion, a P/E ratio of 394.53, a P/E/G ratio of 4.27 and a beta of 1.54. The company has a fifty day moving average of $176.56 and a 200-day moving average of $173.53.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 62.8% compared to the same quarter last year. On average, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of Palantir Technologies stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the transaction, the insider owned 47,044 shares of the company’s stock, valued at $7,409,430. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $100,435,312.50. The trade was a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last ninety days. 12.93% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Palantir Technologies

Large investors have recently made changes to their positions in the business. Decker Retirement Planning Inc. grew its holdings in shares of Palantir Technologies by 778.7% in the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the period. Vanguard Group Inc. boosted its holdings in Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Truist Financial Corp increased its holdings in shares of Palantir Technologies by 4.2% during the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after buying an additional 21,809 shares during the last quarter. Prentice Wealth Management LLC purchased a new stake in shares of Palantir Technologies during the 3rd quarter valued at approximately $550,000. Finally, Watershed Private Wealth LLC raised its position in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after buying an additional 3,350 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

About Palantir Technologies

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.