Shares of Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-eight analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, fourteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $196.3182.
Several analysts have issued reports on the stock. UBS Group raised their price target on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. DA Davidson reduced their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 target price on the stock in a research report on Wednesday, February 18th. Truist Financial assumed coverage on Palantir Technologies in a research note on Tuesday, January 6th. They set a “buy” rating and a $223.00 price target on the stock. Finally, Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Tuesday, February 3rd.
Read Our Latest Stock Analysis on PLTR
Insider Activity at Palantir Technologies
Hedge Funds Weigh In On Palantir Technologies
A number of hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of Palantir Technologies during the 4th quarter valued at about $5,149,641,000. Vanguard Group Inc. raised its position in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares in the last quarter. State Street Corp raised its position in Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Cardano Risk Management B.V. lifted its stake in Palantir Technologies by 917.4% during the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock worth $1,170,596,000 after purchasing an additional 5,938,343 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in Palantir Technologies by 1,449.7% during the fourth quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company’s stock worth $937,205,000 after purchasing an additional 4,932,364 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.
Palantir Technologies Trading Down 3.8%
PLTR opened at $154.78 on Wednesday. The business has a 50 day moving average of $149.68 and a 200-day moving average of $168.82. The stock has a market capitalization of $370.18 billion, a price-to-earnings ratio of 245.69, a P/E/G ratio of 3.19 and a beta of 1.70. Palantir Technologies has a 1-year low of $66.12 and a 1-year high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $1.41 billion for 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%. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Equities analysts predict that Palantir Technologies will post 0.31 EPS for the current year.
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Pentagon formalized Palantir’s Maven Smart System as a program of record, which signals longer‑term, budget-backed DoD spending and underpinned earlier upside in the stock. Read More.
- Positive Sentiment: UK’s Financial Conduct Authority awarded a short trial to use Palantir’s Foundry on enforcement/fraud datasets; the FCA publicly defended the deal, reinforcing government/regulator demand for Palantir tech. Read More.
- Positive Sentiment: Commercial partnerships continue: Palantir announced an AI mortgage operations pilot with Moder and Freedom Mortgage and a deal to support Centrus Energy’s uranium‑enrichment expansion — signals of expanding enterprise use cases beyond defense. Read More. Read More.
- Neutral Sentiment: Analyst attention remains high with several bullish price targets and buy ratings (median targets well above current levels); that supports investor interest but also keeps volatility high around updates. Read More.
- Negative Sentiment: Despite the contract wins, PLTR traded lower today as the broader software/AI sector pulled back — investors rotated defensive and pared exposure to high‑multiple tech names. Coverage explaining the intraday drop cites sector weakness outweighing company headlines. Read More. Read More.
- Negative Sentiment: Valuation worries and cautionary analyst writeups remain a drag — some commentators call Palantir’s multiple extreme relative to fundamentals and warn of downside if growth slows. Read More.
- Negative Sentiment: Reputational/political risk: press coverage links Palantir to political controversies and CEO comments that could complicate public‑sector relations and invite scrutiny — a non‑financial risk investors watch. Read More.
- Negative Sentiment: Insider selling and large institutional position changes cited in datasets may add to investor caution; monitor disclosures for timing and context. Read More.
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.
Further Reading
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