Palantir Technologies (NASDAQ:PLTR) Raised to Buy at Citigroup

Palantir Technologies (NASDAQ:PLTR) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat reports. The firm presently has a $235.00 price objective on the stock, up from their prior price objective of $210.00. Citigroup’s price objective suggests a potential upside of 31.31% from the company’s previous close.

Several other equities research analysts also recently commented on PLTR. HSBC upped their price objective on shares of Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. Cantor Fitzgerald upped their price target on shares of Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Daiwa Capital Markets lifted their price objective on shares of Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. DA Davidson boosted their target price on shares of Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Palantir Technologies in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $175.88.

Palantir Technologies Trading Down 0.3%

NASDAQ:PLTR opened at $178.96 on Monday. Palantir Technologies has a 12 month low of $65.19 and a 12 month high of $207.52. The firm’s 50 day moving average is $178.42 and its 200 day moving average is $171.40. The stock has a market capitalization of $426.54 billion, a PE ratio of 426.11, a price-to-earnings-growth ratio of 4.51 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results 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 return on equity of 15.48% and a net margin of 28.11%.The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the business posted $0.10 earnings per share. The business’s revenue for the quarter was up 62.8% on a year-over-year basis. Research analysts predict that Palantir Technologies will post 0.31 earnings per share for the current year.

Insider Transactions at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shyam Sankar sold 149,872 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $24,577,509.28. Following the transaction, the insider owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. The trade was a 18.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,023,444 shares of company stock worth $167,394,629. 12.93% of the stock is owned by corporate insiders.

Institutional Trading of Palantir Technologies

Large investors have recently modified their holdings of the business. Capital Investment Advisors LLC increased its position in shares of Palantir Technologies by 4.1% in the fourth quarter. Capital Investment Advisors LLC now owns 26,744 shares of the company’s stock worth $4,754,000 after purchasing an additional 1,048 shares during the last quarter. Cherrydale Wealth Management LLC grew its stake in Palantir Technologies by 4.9% in the 4th quarter. Cherrydale Wealth Management LLC now owns 1,808 shares of the company’s stock worth $321,000 after buying an additional 85 shares in the last quarter. Global X Japan Co. Ltd. increased its holdings in shares of Palantir Technologies by 37.3% in the 4th quarter. Global X Japan Co. Ltd. now owns 295,608 shares of the company’s stock worth $52,544,000 after buying an additional 80,259 shares during the last quarter. Mather Group LLC. raised its position in shares of Palantir Technologies by 11.7% during the 4th quarter. Mather Group LLC. now owns 17,520 shares of the company’s stock valued at $3,114,000 after buying an additional 1,830 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Palantir Technologies during the 4th quarter worth $564,000. Institutional investors own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Citi upgraded PLTR to Buy and raised its price target to $235, citing an AI/commercial “supercycle” and very strong revenue outlook — a catalyst that has driven buying interest and helped justify the stock’s premium. Citi Upgrades Palantir Stock (PLTR) to Buy, Sees Explosive 80% Revenue Growth
• Positive Sentiment: Company fundamentals remain supportive: recent quarters showed revenue and EPS beats and rapid top‑line growth driven by commercial AI demand and government contracts — a key reason institutions are still adding exposure. (Background earnings coverage.)
• Neutral Sentiment: Upcoming catalyst — Palantir set Q4 / full‑year 2025 earnings for Feb. 2 (post‑market) with a webcast. The print and management commentary will likely drive short‑term volatility and could either reinforce the bullish analyst views or raise fresh concerns. Palantir Announces Date of Fourth Quarter 2025 Earnings Release and Webcast
• Neutral Sentiment: High‑profile supporters (e.g., Jim Cramer coverage) and rising analyst attention help sustain momentum, but they also increase sensitivity to any near‑term disappointment. Jim Cramer Says He Believes in Palantir (PLTR)’s Management
• Negative Sentiment: Legal/IP risk: Palantir sued a small AI startup and former employees alleging trade‑secret theft and poaching; Percepta and its founders counter that the suit is an attempt to stifle competition. The dispute raises reputational and potential legal‑cost risks that can weigh on sentiment. Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing
• Negative Sentiment: Valuation and profit‑taking chatter: several pieces warn PLTR is richly valued and suggest caution or selling—these narratives increase downside risk if growth expectations slip. 3 Technology Stocks to Sell in 2026 How Concerned Should Investors Be About Palantir Stock?

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.