William Blair Upgrades Palantir Technologies (NASDAQ:PLTR) to “Outperform”

Palantir Technologies (NASDAQ:PLTR) was upgraded by research analysts at William Blair from a “market perform” rating to an “outperform” rating in a research report issued on Monday, MarketBeat Ratings reports.

Several other brokerages also recently weighed in on PLTR. Wall Street Zen downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Morgan Stanley boosted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Citigroup upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and increased their target price for the stock from $210.00 to $235.00 in a research report on Monday, January 12th. Bank of America lifted their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th. Eleven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $191.95.

Palantir Technologies Trading Up 6.8%

Palantir Technologies stock opened at $157.88 on Monday. Palantir Technologies has a 12-month low of $66.12 and a 12-month high of $207.52. The firm has a market capitalization of $376.30 billion, a price-to-earnings ratio of 250.61, a P/E/G ratio of 3.72 and a beta of 1.64. The firm has a 50 day moving average of $175.73 and a 200 day moving average of $173.73.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 25.19%. The company’s revenue was up 70.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 earnings per share. On average, analysts predict that Palantir Technologies will post 0.31 EPS for the current year.

Insiders Place Their Bets

In related news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the completion of the transaction, the director directly owned 58,687 shares of the company’s stock, valued at approximately $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the sale, the insider owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,023,444 shares of company stock worth $167,394,629. Insiders own 12.93% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Decker Retirement Planning Inc. lifted its holdings in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after buying an additional 54,347 shares during the period. Vanguard Group Inc. grew its holdings in Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. Prentice Wealth Management LLC purchased a new position in Palantir Technologies during the third quarter valued at approximately $550,000. Watershed Private Wealth LLC raised its position in Palantir Technologies by 75.3% during the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System lifted its holdings in Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after acquiring an additional 12,300 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: Q4 beat and blowout FY‑2026 guidance: Palantir reported ~70% Y/Y revenue growth for Q4, beat EPS, and guided FY2026 revenue ~61% higher — a key catalyst sending shares higher. Business Wire: Palantir Reports Q4 2025
• Positive Sentiment: Commercial and U.S. government demand accelerating: U.S. commercial revenue surged (reported +137% Y/Y) and defense spending helped bookings — evidence AI adoption is driving larger deal sizes from existing customers. MarketBeat: Palantir’s Perfect 10
• Positive Sentiment: Wall Street upgrades and price‑target lifts: Multiple firms raised ratings/targets (including Citi’s street‑high target, William Blair upgrades), which amplified buying interest. TipRanks: Citi $235 PT
• Neutral Sentiment: Market context and technicals: PLTR jumped while broader software names lagged; trading volume spiked and analysts note the stock returned to a support/technical buy zone — higher volatility likely to continue. MarketBeat: Market Wrap
• Negative Sentiment: Valuation and sustainability concerns: Several pieces warn PLTR still trades at extreme multiples (high P/E, P/S) and that sustaining 60%+ growth is a stretch — key risk if growth slows. Seeking Alpha: Valuation Concerns
• Negative Sentiment: Hedge activity and insider selling: Reports show high-profile investors buying puts and persistent insider sales cited by data aggregators — raises short‑term caution despite the beat. 24/7 Wall St.: Michael Burry put positions (referenced)

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.