Palantir Technologies’ (PLTR) Outperform Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Palantir Technologies (NASDAQ:PLTR) in a research report released on Monday morning,Benzinga reports. They currently have a $230.00 target price on the stock.

A number of other brokerages have also commented on PLTR. Truist Financial began coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price on the stock. Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. The Goldman Sachs Group dropped their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Rosenblatt Securities began coverage on shares of Palantir Technologies in a report on Friday, February 27th. They set a “buy” rating and a $150.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $196.32.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $152.77 on Monday. The firm has a market capitalization of $365.38 billion, a price-to-earnings ratio of 242.50, a price-to-earnings-growth ratio of 3.07 and a beta of 1.70. The business has a fifty day moving average of $151.49 and a 200 day moving average of $168.73. Palantir Technologies has a 1 year low of $66.12 and a 1 year high of $207.52.

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

Insider Buying and Selling

In other Palantir Technologies news, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was 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 directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,045,279 shares of company stock valued at $140,539,043 in the last three months. 9.23% of the stock is currently owned by company insiders.

Institutional Trading of Palantir Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning LLC purchased a new position in Palantir Technologies in the fourth quarter valued at $5,651,000. AMG Asset Management Group Inc. purchased a new stake in shares of Palantir Technologies during the 4th quarter worth about $249,000. Forty three Eighteen Advisors LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter valued at about $299,000. Osbon Capital Management LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter valued at about $346,000. Finally, Fund Advisors of America Inc FL purchased a new position in shares of Palantir Technologies in the 4th quarter valued at about $1,631,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Major strategic partnership with NVIDIA to deliver a sovereign AI OS increases Palantir’s addressable market for government and enterprise “sovereign” AI deployments and strengthens its software moat. Palantir Is Launching New AI OS Reference Architecture with Nvidia
• Positive Sentiment: Win‑rate in defense keeps rising — Palantir joined the U.S. Navy’s ShipOS initiative via a Keel partnership, embedding Foundry/AIP into shipbuilding and naval supply chains (potential multi‑year revenue). Keel Joins Palantir and U.S. Navy in ShipOS Initiative
• Positive Sentiment: Large revenue backlog and anchor contracts (reported ~$11.2B backlog and a $10B Army deal) give multi‑year revenue visibility and support bullish growth forecasts cited by bulls. Palantir Has an $11.2 Billion Revenue Backlog, a $10 Billion Army Deal
• Positive Sentiment: Analyst support: UBS raised its price target to $200 (buy) and Wedbush maintained an Outperform — these upgrades help underpin the stock and attract flows. Why Is Palantir Stock Gaining Today? (Benzinga recap of analyst moves)
• Neutral Sentiment: Investor interest and derivatives activity (option plays) show traders are engaged — can amplify moves but is not a structural driver. Option Plays in Palantir Stock Are Doing Well
• Neutral Sentiment: Coverage and bull narratives (TipRanks, Seeking Alpha, Motley Fool pieces) highlight both the AI upside and the company’s transition toward productized, enterprise software — helpful for long‑term thesis but already partially priced in. ‘The Time Has Arrived,’ Says Investor About Palantir Stock
• Negative Sentiment: Insider selling has been notable this year, which can pressure sentiment even as corporate results improve. Palantir insiders have been dumping nearly $6 million PLTR shares per day in 2026
• Negative Sentiment: Valuation and bear commentary remain counterweights — multiple outlets warn that PLTR’s premium valuation and competition in AI could make it a “good company, bad bet” at current levels. Palantir At $150: Good Company, Bad Bet
• Negative Sentiment: Political/insider sell disclosures and notable investor skepticism (e.g., short takes) can amplify intraday weakness despite fundamental wins. This U.S. politician just suspiciously dumped major AI stocks

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.