Palantir Technologies (NASDAQ:PLTR) Shares Gap Up on Better-Than-Expected Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) shares gapped up prior to trading on Tuesday following a better than expected earnings announcement. The stock had previously closed at $147.76, but opened at $165.05. Palantir Technologies shares last traded at $154.8390, with a volume of 21,639,867 shares traded.

The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The firm 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 23.81%. The business’s revenue was up 70.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.14 earnings per share.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results and aggressive FY‑2026 guidance (revenue, EPS, margins and bookings all topped expectations), which earlier triggered the rally and underpinned bullish analyst revisions. Read More.
• Positive Sentiment: Multiple analyst upgrades and price‑target hikes (including bulls raising targets and at least one street‑high PT) that gave institutional and retail investors cover to buy after the earnings beat. Read More.
• Positive Sentiment: U.S. commercial demand surged (management cited very large deal wins and a sharp jump in U.S. commercial sales), supporting the thesis that Palantir is monetizing AI effectively. Read More.
• Neutral Sentiment: Friendly media and TV commentary (CNBC, Jim Cramer, others) reinforced the upbeat narrative but also amplified intraday volatility as viewers reacted to rapid price moves. Read More.
• Neutral Sentiment: CEO remarks flag a geographic growth split — strong U.S. adoption but what management calls slower uptake in parts of Europe/Canada, which could cap international upside. Read More.
• Negative Sentiment: Valuation worries resurfaced quickly: commentators flagged that Palantir’s rich multiples mean the bar for future execution is very high — a primary reason for profit‑taking after the rally. Read More.
• Negative Sentiment: After the huge post‑earnings pop, intraday heavy volume and profit‑taking forced a pullback — traders who bought the initial surge appear to be exiting on the first signs of a rollover. Read More.
• Negative Sentiment: Persistent micro‑risks: notable insider selling disclosures and reports of hedge‑fund activity (e.g., option bets by prominent investors) add to the narrative that some participants are hedging or booking gains. Read More.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of research reports. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday. Phillip Securities started coverage on Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price objective on the stock. Truist Financial began coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective on the stock. DA Davidson lowered their target price on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Piper Sandler reissued an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $191.95.

Insiders Place Their Bets

In other news, insider Alexander C. Karp sold 359,325 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,054,825,989.42. The trade was a 5.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the sale, the insider directly owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,023,844 shares of company stock worth $167,455,085. Insiders own 9.23% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bare Financial Services Inc boosted its position in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Financial Consulate Inc. purchased a new stake in Palantir Technologies in the third quarter valued at about $30,000. Retirement Wealth Solutions LLC purchased a new stake in Palantir Technologies in the third quarter valued at about $31,000. United Financial Planning Group LLC acquired a new stake in Palantir Technologies in the third quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies during the third quarter worth about $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Price Performance

The stock has a market cap of $332.59 billion, a price-to-earnings ratio of 221.50, a P/E/G ratio of 3.97 and a beta of 1.64. The company’s fifty day moving average price is $175.20 and its 200-day moving average price is $173.49.

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.