Palantir Technologies (NASDAQ:PLTR) Shares Down 3.5% After Analyst Downgrade

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) were down 3.5% during mid-day trading on Friday after Loop Capital lowered their price target on the stock from $230.00 to $220.00. Loop Capital currently has a buy rating on the stock. Palantir Technologies traded as low as $145.14 and last traded at $146.59. Approximately 46,526,114 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 39,447,059 shares. The stock had previously closed at $151.86.

PLTR has been the topic of a number of other research reports. DA Davidson boosted their price objective on Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Bank of America boosted their price target on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. UBS Group raised their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Citigroup upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $210.00 to $235.00 in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies presently has an average rating of “Hold” and an average price target of $185.89.

Insider Activity

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the sale, the insider directly owned 47,044 shares of the company’s stock, valued at approximately $7,409,430. This represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shyam Sankar sold 19,004 shares of Palantir Technologies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $100,435,312.50. This trade represents a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,023,444 shares of company stock worth $167,394,629. 9.23% of the stock is owned by company insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Commercial traction and partnerships remain a tailwind — Palantir continues to win commercial deals and expands AIP deployments; a visible example is the Innodata data/annotation deal that supports Palantir’s AI platform and signals ongoing enterprise adoption. Innodata Selected by Palantir
• Positive Sentiment: Earnings expectations are high but supportive of the story — analysts and previews expect strong Q4 revenue growth (consensus and previews cite roughly ~60%+ YoY revenue growth and rising EPS), which could validate the AI-driven growth thesis if results beat. Zacks Q4 Preview
• Neutral Sentiment: Options and implied volatility point to a big move — the options market is pricing for a double‑digit swing around earnings, meaning elevated risk/reward for short‑term traders but not necessarily a directional signal. Investopedia on implied move
• Neutral Sentiment: Founder comments and media chatter (e.g., on Elon‑linked corporate moves) are getting airtime but are unlikely to be material to near‑term fundamentals; monitor for headlines but prioritize earnings and contract updates. Fox interview
• Negative Sentiment: Broader software/AI sector selloff is pressuring PLTR — sector weakness is amplifying outflows from richly valued AI names and contributing to today’s decline. Benzinga on software rout
• Negative Sentiment: Reputational and political risk (ICE contracts) is resurfacing — renewed headlines about government work can sap sentiment, potentially slowing federal contract momentum or triggering short‑term selling. MarketBeat reality check
• Negative Sentiment: Technical damage: PLTR broke key supports (200‑day MA and the $150 area) and formed bearish patterns; higher volume on the pullback suggests profit‑taking and raises the odds of further near‑term downside if earnings disappoint. Benzinga technicals
• Negative Sentiment: Valuation remains a double‑edged sword — PLTR trades at a very high multiple (P/E elevated vs. peers), so even a good print that falls short of lofty expectations could trigger outsized selling; some analysts even flag deep downside scenarios. Analyst warning

Institutional Investors Weigh In On Palantir Technologies

Hedge funds have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Palantir Technologies in the second quarter worth $3,307,457,000. Vanguard Group Inc. grew its stake in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after purchasing an additional 8,168,604 shares in the last quarter. State Street Corp grew its stake in Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Amundi increased its position in Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Palantir Technologies by 228.0% during the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after purchasing an additional 3,602,471 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Trading Down 3.5%

The firm has a market capitalization of $349.39 billion, a price-to-earnings ratio of 349.03, a price-to-earnings-growth ratio of 3.82 and a beta of 1.54. The company has a fifty day moving average price of $176.13 and a 200-day moving average price of $173.58.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.10 earnings per share. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

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.