Palantir Technologies (NASDAQ:PLTR – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a research report issued on Wednesday,Benzinga reports. They presently have a $200.00 target price on the stock. Rosenblatt Securities’ target price would indicate a potential upside of 27.00% from the company’s current price.
PLTR has been the subject of a number of other research reports. Argus raised shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. UBS Group increased their price objective on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $200.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. The Goldman Sachs Group dropped their target price on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Finally, Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $198.59.
Read Our Latest Analysis on Palantir Technologies
Palantir Technologies Stock Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share 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 company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period last year, the business earned $0.14 EPS. The business’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, equities analysts anticipate that Palantir Technologies will post 0.31 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ryan D. Taylor sold 19,988 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the completion of the sale, the insider directly owned 219,421 shares in the company, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,045,279 shares of company stock worth $140,539,043. Corporate insiders own 12.93% of the company’s stock.
Institutional Trading of Palantir Technologies
Institutional investors and hedge funds have recently bought and sold shares of the business. Bare Financial Services Inc increased its holdings in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter worth about $29,000. Financial Consulate Inc. bought a new stake in shares of Palantir Technologies during the 3rd quarter worth about $30,000. Retirement Wealth Solutions LLC acquired a new position in Palantir Technologies in the 3rd quarter valued at about $31,000. Finally, United Financial Planning Group LLC acquired a new position in Palantir Technologies in the 3rd quarter valued at about $32,000. Institutional investors own 45.65% of the company’s stock.
Palantir Technologies News Summary
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Pentagon designates Palantir’s Maven AI as a formal “program of record,” which implies multi-year budget treatment and deeper embedded defense spending — a major revenue-visibility catalyst for PLTR. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
- Positive Sentiment: Reports say Palantir is teaming with Anduril to develop software for the $185B Golden Dome antimissile shield — a high-profile, politically prioritized defense program that could produce large, long-duration contracts. Anduril, Palantir developing Golden Dome missile shield’s software, source says
- Positive Sentiment: Palantir won a UK Financial Conduct Authority trial contract and is expanding public-sector work internationally — supports thesis of recurring, high-margin government AI sales. Britain’s FCA defends Palantir contract award before lawmakers
- Positive Sentiment: New commercial partnerships (AI mortgage platform with Moder and Freedom Mortgage; Centrus Energy engagement) point to enterprise expansion beyond defense, diversifying potential high-margin revenue streams. Palantir Announces AI Mortgage Platform Partnership
- Neutral Sentiment: Several broker notes and analyst coverage (including “moderate buy” composite) are supporting sentiment and raising price targets — helpful for momentum but not guaranteed to move fundamentals. Palantir Receives Average Rating of “Moderate Buy” from Brokerages
- Neutral Sentiment: Earlier intraday selling reflected broad tech-sector weakness; PLTR has moved with macro swings even when company-specific wins arrive — watch market breadth for sustainability. Palantir Stock Drops 5% Even With Major Pentagon and UK Contract Wins
- Negative Sentiment: Valuation concerns remain prominent (very high P/E and premium multiples) and some commentary still calls PLTR “polarizing” — a risk for profit-taking if growth expectations slip. This Is the Most Hated Tech Stock on Wall Street Right Now, and I Think It’s a Buy
- Negative Sentiment: Political scrutiny and reputational headlines (links to political figures and campaign controversies) could create regulatory or PR friction that periodically pressures the stock. Palantir turns poisonous on the campaign trail
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.
Recommended Stories
Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
