Palantir Technologies (NASDAQ:PLTR) Shares Up 1.1% Following Analyst Upgrade

Palantir Technologies Inc. (NASDAQ:PLTR) rose 1.1% during mid-day trading on Monday after Citigroup upgraded the stock from a neutral rating to a buy rating. Citigroup now has a $235.00 price target on the stock, up from their previous price target of $210.00. Palantir Technologies traded as high as $182.50 and last traded at $179.41. Approximately 34,801,423 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 41,962,770 shares. The stock had previously closed at $177.49.

A number of other brokerages also recently issued reports on PLTR. Northland Securities lifted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Robert W. Baird increased their target price on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $175.88.

Insider Buying and Selling at Palantir Technologies

In related news, insider Ryan D. Taylor sold 36,048 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider owned 251,409 shares in the company, valued at $40,818,765.24. The trade was a 12.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The shares were 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 directly owned 592 shares in the company, valued at approximately $97,082.08. The trade was a 99.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 12.93% of the stock is owned by company insiders.

Palantir Technologies News Summary

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?

Institutional Trading of Palantir Technologies

Several hedge funds have recently modified their holdings of the business. Occidental Asset Management LLC boosted its position in shares of Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after purchasing an additional 53 shares in the last quarter. Gallacher Capital Management LLC increased its holdings in shares of Palantir Technologies by 2.2% in the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc lifted its stake 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 period. Lionshead Wealth Management LLC boosted its holdings in Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after buying an additional 56 shares in the last quarter. Finally, Ellenbecker Investment Group grew its position in Palantir Technologies by 3.6% during the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after buying an additional 57 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Price Performance

The company has a market capitalization of $426.54 billion, a price-to-earnings ratio of 426.11, a price-to-earnings-growth ratio of 4.51 and a beta of 1.54. The firm’s 50-day simple moving average is $178.42 and its two-hundred day simple moving average is $171.40.

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

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.