Rosenblatt Securities Reaffirms Buy Rating for Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies (NASDAQ:PLTR)‘s stock had its “buy” rating reaffirmed by investment analysts at Rosenblatt Securities in a note issued to investors on Wednesday,Benzinga reports. They currently have a $200.00 target price on the stock. Rosenblatt Securities’ price objective would suggest a potential upside of 35.54% from the company’s previous close.

Several other analysts have also recently commented on PLTR. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. DA Davidson dropped their price target on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Freedom Capital raised shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $198.59.

Palantir Technologies Stock Down 4.8%

Shares of NASDAQ:PLTR opened at $147.56 on Wednesday. The firm has a market cap of $352.92 billion, a P/E ratio of 234.23, a P/E/G ratio of 3.07 and a beta of 1.70. Palantir Technologies has a 12-month low of $66.12 and a 12-month high of $207.52. The business has a fifty day simple moving average of $148.62 and a 200 day simple moving average of $168.58.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 EPS. The business’s revenue was up 70.0% on a year-over-year basis. As a group, equities research analysts expect that Palantir Technologies will post 0.31 EPS for the current year.

Insider Activity

In other news, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This trade represents a 4.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,045,279 shares of company stock worth $140,539,043. Company insiders own 9.23% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of PLTR. Vanguard Group Inc. raised its stake in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares during the period. State Street Corp boosted its holdings in Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after acquiring an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC grew its stake in Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after acquiring an additional 805,047 shares during the period. Norges Bank acquired a new stake in Palantir Technologies in the fourth quarter valued at approximately $5,149,641,000. Finally, Invesco Ltd. increased its holdings in shares of Palantir Technologies by 2.8% during the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after acquiring an additional 616,297 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Palantir Technologies News Roundup

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

• Positive Sentiment: Expanded global partnership with Bain & Company to scale enterprise AI should accelerate commercial sales and implementation demand, improving Palantir’s route to recurring revenue. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Pentagon adoption of Palantir’s Maven as a formal program of record strengthens government revenue visibility and makes sizable multi‑year spend more likely — a key reason bulls justify the high multiple. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
• Positive Sentiment: Involvement on the reported $185B “Golden Dome” missile‑defense program with partners like Anduril could translate into multi‑year, high‑margin defense software revenue if contracts scale. That program has already driven analyst optimism and price‑target upgrades. Anduril, Palantir developing Golden Dome missile shield’s software
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a “buy” and a $200 target, highlighting upside if execution continues and defense/commercial adoption expands. Rosenblatt reaffirms buy on Palantir (Benzinga)
• Neutral Sentiment: Analyst and media takes are split: coverage weighing Palantir as a major enterprise AI platform but noting intense competition and valuation risks — useful context but not an immediate catalyst. Palantir in the Enterprise AI Race (Zacks)
• Neutral Sentiment: Comparisons to larger AI plays (e.g., Nvidia) highlight Palantir’s software exposure vs. hardware winners — frames long‑term thesis but doesn’t change near‑term cash flow profile. Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?
• Negative Sentiment: Sectorwide tech profit‑taking and recent intraday weakness are pressuring PLTR despite positive news; several articles note sharp pullbacks tied to broad market moves. Palantir Drops 5% as Tech Sells Off (Yahoo)
• Negative Sentiment: Valuation and bearish analyst notes: high multiples (very elevated P/E) and calls from some firms to sell create downside risk if growth disappoints or defense wins don’t translate to predictable revenue. Analyst says buy Amazon, sell Palantir (Fool)

Palantir Technologies Company Profile

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.