Rosenblatt Securities reiterated their buy rating on shares of Palantir Technologies (NASDAQ:PLTR – Free Report) in a report published on Wednesday morning,Benzinga reports. Rosenblatt Securities currently has a $200.00 target price on the stock.
PLTR has been the topic of several other research reports. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Tuesday, February 3rd. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Tuesday, February 3rd. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. UBS Group upped their price target on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Finally, HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $198.59.
Check Out Our Latest Stock Analysis on Palantir Technologies
Palantir Technologies Price Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the company earned $0.14 EPS. The firm’s revenue was up 70.0% compared to the same quarter last year. Equities analysts anticipate that Palantir Technologies will post 0.31 EPS for the current year.
Insiders Place Their Bets
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 shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction dated 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 sale, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock valued at $140,539,043 over the last quarter. Company insiders own 9.23% of the company’s stock.
Hedge Funds Weigh In On Palantir Technologies
Institutional investors have recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. lifted its holdings in shares of Palantir Technologies by 778.7% in the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares in the last quarter. Prentice Wealth Management LLC bought a new stake in Palantir Technologies during the third quarter worth $550,000. Watershed Private Wealth LLC raised its position in Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after buying an additional 3,350 shares during the last quarter. GAM Holding AG lifted its stake in Palantir Technologies by 39.0% during the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after acquiring an additional 3,868 shares in the last quarter. Finally, Pinkerton Wealth LLC bought a new position in Palantir Technologies during the 2nd quarter valued at $3,394,000. 45.65% of the stock is 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: Maven designated a Pentagon program of record, which institutionalizes Palantir’s military AI platform and makes government revenue more durable — a material long-term revenue catalyst for PLTR. How Maven Turns Palantir’s Biggest Risk Into Its Biggest Strength
- Positive Sentiment: Palantir was named a core software developer on the high‑profile Golden Dome missile‑defense program alongside Anduril — a potential multibillion, multi‑year revenue opportunity that underpins the defense growth thesis. Palantir’s Golden Dome Role Reframes Defense Growth And Valuation Debate
- Positive Sentiment: Bain has expanded its lead global consulting partnership with Palantir to accelerate enterprise AI adoption — commercial traction that complements government revenue and supports longer‑term growth. Bain & Company announces expansion of lead global management consulting partnership with Palantir
- Positive Sentiment: Analysts (e.g., Rosenblatt, Wedbush and others) have reiterated buy ratings and raised targets — supporting upside scenarios tied to defense programs like Golden Dome. Analyst sets Palantir stock price target amid White House’s Golden Dome plan
- Neutral Sentiment: Long‑term price models and price‑target pieces vary widely (median targets high‑hundreds to low‑$200s); some outlets publish multi‑year forecasts but these depend heavily on execution and defense budget outcomes. Palantir Price Prediction: Where Will The AI Stock Be In 2030?
- Negative Sentiment: Technicals and profit‑taking: PLTR has pulled back from recent highs and faces chatter about a potential bull trap amid a broader tech correction — selling pressure that can amplify volatility. Why Palantir Stock (PLTR) Tumbled Today and Why One Analyst Still Sees Upside
- Negative Sentiment: Insider and institutional flows show heavy insider selling and large institutional rebalances (some big firms trimming positions) — that raises near‑term headline risk and can pressure the stock despite operational wins. Palantir Technologies Stock Opinions on Golden Dome Involvement
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.
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