Palantir Technologies (NASDAQ:PLTR) Trading 1.3% Higher – Should You Buy?

Palantir Technologies Inc. (NASDAQ:PLTR)’s stock price was up 1.3% during mid-day trading on Thursday . The stock traded as high as $155.88 and last traded at $153.50. Approximately 54,087,364 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 52,223,473 shares. The stock had previously closed at $151.60.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir and NVIDIA unveiled a sovereign-AI operating system reference architecture — a high-profile tie-up that positions PLTR as a turnkey provider for government-grade AI datacenters and drove optimism about large contracts and TAM expansion. Palantir and NVIDIA Team to Deliver Sovereign AI Operating System Reference Architecture
• Positive Sentiment: GE Aerospace expanded a multi‑year partnership to deploy Palantir AI across Air Force sustainment and engine production systems — a validation of Palantir’s edge-to-enterprise defense footprint and recurring revenue potential. GE Aerospace Deepens Palantir AI Use In Defense And Factory Operations
• Positive Sentiment: Centrus (uranium enrichment) and other industrial customers announced partnerships using Palantir’s AI to unlock large cost savings — examples that support Palantir’s enterprise adoption outside pure defense. Centrus Partners with Palantir
• Positive Sentiment: Palantir announced partnerships with Ondas and World View (drone/robotics & high-altitude platforms) and deepened ties with LG CNS — broadening addressable markets and channel reach. Palantir Partners with Ondas and World View
• Neutral Sentiment: Wall Street momentum: Truist reiterated a Buy with a $223 target and several outlets report analysts raising estimates after recent announcements — supportive but already partly priced in. Wall Street sets Palantir stock price for the next 12 months
• Neutral Sentiment: Operational/financial tailwinds: company guidance and margins have strengthened (2026 outlook cites ~61% revenue growth and rising FCF), which underpins longer‑term valuation but raises P/E scrutiny. Palantir’s Profitability Edge Strengthens Its AI Leadership
• Negative Sentiment: Security/government risk: the Pentagon labeled Anthropic a supply‑chain risk; CEO Alex Karp confirmed Palantir still uses Anthropic’s Claude in some tools — creates potential procurement and reputational headwinds. Palantir is still using Anthropic’s Claude as Pentagon blacklist plays out, CEO Karp says
• Negative Sentiment: High-profile critics and selling: investor Michael Burry reiterated bearish claims about Palantir’s AI capabilities, and media reported sizable insider share sales at PLTR/NVDA — fueling concern about valuation and governance. Michael Burry Says Palantir Has ‘No Real AI Software’ Of Its Own
• Negative Sentiment: Geopolitical/operational risks: reports link Palantir tech to lethal operations and some foreign actors have flagged the company as a target — increasing geopolitical sensitivity around contracts. The AI-driven ‘kill chain’ transforming how the US wages war

Wall Street Analyst Weigh In

Several research firms have recently commented on PLTR. The Goldman Sachs Group reduced their price target on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Phillip Securities began coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They set a “buy” rating and a $208.00 target price on the stock. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Tuesday, February 3rd. Mizuho raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target for the company in a research note on Wednesday, February 18th. Finally, Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.68.

Palantir Technologies Trading Up 1.3%

The firm’s fifty day moving average is $153.81 and its 200-day moving average is $168.90. The stock has a market capitalization of $367.12 billion, a PE ratio of 243.65, a price-to-earnings-growth ratio of 3.00 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The company 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%. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. As a group, equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054,279 shares of company stock worth $142,212,233 in the last three months. 9.23% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Palantir Technologies

Hedge funds have recently bought and sold shares of the company. Bare Financial Services Inc boosted its stake in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies during the 2nd quarter worth approximately $29,000. Basepoint Wealth LLC purchased a new position in Palantir Technologies in the 4th quarter valued at approximately $29,000. Zeit Capital LLC purchased a new position in Palantir Technologies in the 2nd quarter valued at approximately $30,000. Finally, Financial Consulate Inc. acquired a new position in shares of Palantir Technologies in the third quarter worth $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

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.