Palantir Technologies (NASDAQ:PLTR – Get Free Report) had its price target reduced by investment analysts at Phillip Securities from $208.00 to $190.00 in a report issued on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the stock. Phillip Securities’ price objective indicates a potential upside of 27.98% from the stock’s previous close.
PLTR has been the topic of a number of other research reports. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Tuesday, February 10th. The Goldman Sachs Group cut their price objective on Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Tuesday, February 3rd. Weiss Ratings cut shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, Jefferies Financial Group set a $208.00 target price on shares of Palantir Technologies in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $197.77.
Check Out Our Latest Research Report on Palantir Technologies
Palantir Technologies Price Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm 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%. The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS. As a group, research analysts expect that Palantir Technologies will post 0.31 EPS for the current year.
Insider Activity at Palantir Technologies
In other news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies 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 $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at $79,162.24. This trade represents a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,029,879 shares of company stock valued at $137,746,253. 9.23% of the stock is owned by company insiders.
Institutional Trading of Palantir Technologies
Hedge funds have recently modified their holdings of the stock. Revolve Wealth Partners LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter worth approximately $450,000. Bison Wealth LLC lifted its stake in Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after acquiring an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC grew its holdings in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after acquiring an additional 1,694 shares in the last quarter. Finally, Edgestream Partners L.P. increased its position in shares of Palantir Technologies by 132.3% in the 2nd quarter. Edgestream Partners L.P. now owns 14,749 shares of the company’s stock valued at $2,011,000 after purchasing an additional 8,401 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Renewed, expanded deal with automaker Stellantis boosts commercial revenue visibility and broadens Foundry/AI Platform deployments across vehicle operations — a tangible, near-term growth catalyst. Why Is Palantir Technologies (PLTR) Stock Rocketing Higher Today
- Positive Sentiment: DoD adoption: Palantir’s Maven AI being formalized as a program of record and new Navy/defense contract wins underline sticky, high-margin government revenue and multi-year visibility. Palantir Technologies (PLTR) Is Down 5.5% After Stellantis, Pentagon Deepen AI Ties
- Positive Sentiment: Strong fundamentals: recent quarters showed ~70% YoY revenue growth and large contract bookings (multi‑billion TCV), supporting bullish longer‑term growth narratives. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
- Neutral Sentiment: Analysts are split: some firms (e.g., Dan Ives / Wedbush, Phillip Securities) remain constructive with high price targets, while others (Benchmark) initiate holds — creating divergent expectations that can amplify volatility. UBS has a message for Palantir investors
- Neutral Sentiment: Valuation debate: some metrics (per one valuation-focused piece) suggest Palantir could be undervalued on a specific ratio, but headline multiples remain very rich and sensitive to growth execution. Is Palantir Actually Undervalued? This Key Metric Says It Is
- Negative Sentiment: Valuation risk: analysts warn Palantir needs sustained 60–70% annual revenue growth to justify current prices — a very high bar that raises downside risk if growth decelerates. Palantir Needs 60%-70% Annual Revenue Growth to Justify Its Price
- Negative Sentiment: Geopolitical/security and reputational risks: reports of an NHS staff boycott over ethical concerns and mentions by Iran-linked groups as potential targets increase legal, contract and public‑opinion risk. NHS staff boycott Palantir’s data platform over ethical concerns Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
- Negative Sentiment: High multiples: price/sales and P/E ratios are extreme versus peers, leaving the stock exposed to sentiment-driven selloffs if growth or bookings miss. Palantir (PLTR) Traded at 100+ Price/Sales Ratio
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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