Palantir Technologies (NASDAQ:PLTR) Earns Buy Rating from Rosenblatt Securities

Palantir Technologies (NASDAQ:PLTR)‘s stock had its “buy” rating reaffirmed by equities research analysts at Rosenblatt Securities in a report released on Friday,Benzinga reports. They presently have a $225.00 price objective on the stock. Rosenblatt Securities’ price objective indicates a potential upside of 62.45% from the company’s current price.

A number of other equities research analysts also recently issued reports on the company. HSBC downgraded Palantir Technologies from a “buy” rating to a “hold” rating and lowered their price target for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a $90.00 price objective on shares of Palantir Technologies in a research note on Tuesday, May 5th. Oppenheimer began coverage on shares of Palantir Technologies in a research report on Thursday, April 30th. They set an “outperform” rating and a $200.00 target price for the company. Mizuho cut their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Finally, UBS Group lifted their price target on shares of Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.76.

Palantir Technologies Price Performance

NASDAQ:PLTR traded down $3.20 during trading hours on Friday, reaching $138.50. 8,947,152 shares of the company were exchanged, compared to its average volume of 48,014,293. The firm has a market cap of $332.04 billion, a price-to-earnings ratio of 155.50, a PEG ratio of 2.26 and a beta of 1.53. The stock has a 50 day simple moving average of $141.19 and a 200 day simple moving average of $154.99. Palantir Technologies has a 52-week low of $121.92 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 EPS. On average, analysts predict that Palantir Technologies will post 1.18 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In other news, insider Shyam Sankar sold 165,514 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $22,516,524.56. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at $87,444,607.44. This represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $2,330,093.12. Following the sale, the insider owned 375,242 shares in the company, valued at approximately $51,047,921.68. The trade was a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 925,789 shares of company stock valued at $126,007,032 over the last 90 days. Corporate insiders own 9.53% of the company’s stock.

Institutional Trading of Palantir Technologies

A number of hedge funds have recently made changes to their positions in PLTR. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies in the 4th quarter worth $450,000. Bison Wealth LLC grew its stake in shares of Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC increased its position in shares of Palantir Technologies by 38.0% during the first 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 during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Palantir Technologies by 36.8% in the second 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, Vivaldi Capital Management LP acquired a new position in shares of Palantir Technologies in the second quarter worth about $315,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Palantir unveiled multiple new enterprise wins at AIPCon 10, including partnerships with Google Cloud, Kirkland & Ellis, McCarthy Building Companies, and GNP Seguros. These deals expand Palantir’s AI platform reach across software, legal, construction, and insurance, reinforcing the company’s growth narrative. Article Title
• Positive Sentiment: Palantir announced an expanded Google Cloud partnership that integrates Foundry and AIP with Gemini and BigQuery and makes Palantir available on Google Cloud Marketplace, which could improve distribution and deepen enterprise adoption. Article Title
• Positive Sentiment: Analysts and market commentary continue to point to Palantir as a major AI beneficiary, and several pieces note that the company’s recent announcements could help justify investor enthusiasm even after volatility. Article Title
• Neutral Sentiment: Some coverage frames Palantir as a stock with strong execution but a rich valuation, suggesting investors are weighing growth against a high earnings multiple and recent volatility.
• Negative Sentiment: Michael Burry reiterated a bearish view on Palantir, warning that the stock remains overvalued; that kind of high-profile criticism can weigh on sentiment even amid operational progress. Article Title
• Negative Sentiment: Palantir also faces broader policy and reputation risk after CEO Alex Karp warned about possible AI nationalization pressures, while separate reports noted criticism of the company’s NHS contract in the U.K. Article Title

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.