Palantir Technologies (NASDAQ:PLTR) Upgraded at HSBC

HSBC upgraded shares of Palantir Technologies (NASDAQ:PLTR) from a hold rating to a buy rating in a research note released on Tuesday, MarketBeat.com reports. HSBC currently has $205.00 price target on the stock.

Other analysts have also recently issued reports about the stock. Bank of America raised their target price on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. DA Davidson reduced their price objective on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday. Daiwa Capital Markets upped their target price on Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Mizuho set a $195.00 price target on Palantir Technologies in a research note on Tuesday. Finally, William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $191.95.

Palantir Technologies Stock Down 6.8%

Shares of PLTR stock opened at $130.01 on Tuesday. The stock has a 50-day simple moving average of $174.49 and a 200 day simple moving average of $173.19. The stock has a market capitalization of $309.87 billion, a P/E ratio of 206.37, a P/E/G ratio of 3.35 and a beta of 1.64. Palantir Technologies has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly 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 firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the business earned $0.14 earnings per share. Palantir Technologies’s revenue for the quarter was up 70.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Palantir Technologies will post 0.31 earnings per share for the current year.

Insider Activity at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $50,613,053.65. Following the transaction, the insider owned 592 shares in the company, valued at $97,082.08. This represents a 99.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Glazer sold 15,557 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the sale, the insider owned 415,612 shares of the company’s stock, valued at approximately $68,156,211.88. This represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,023,844 shares of company stock worth $167,455,085. Company insiders own 9.23% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently modified their holdings of PLTR. Decker Retirement Planning Inc. lifted its stake in 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 acquiring an additional 54,347 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC acquired a new stake in shares of Palantir Technologies in the 3rd quarter valued at $550,000. Watershed Private Wealth LLC boosted its holdings in Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System increased its position in Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after buying an additional 12,300 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies News Summary

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

• Positive Sentiment: Blowout Q4 results and lifted guidance — Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS estimates and issued 2026 guidance above Street expectations, which underpinned recent buy‑side momentum. Earnings coverage
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms (HSBC, William Blair, Northland, Deutsche Bank and others) raised ratings or price targets after the quarter, giving near‑term buy signals and institutional support. Analyst coverage
• Positive Sentiment: Commercial momentum and partnerships — Management highlighted accelerating U.S. commercial revenue and record large‑deal closings; Palantir also announced a partnership with Cognizant to deploy Foundry/AIP into healthcare and enterprise workflows. Cognizant partnership
• Neutral Sentiment: Research estimate updates — Firms like Northland published updated multi‑quarter EPS/target models (Outperform/$190), useful for modeling but not universally decisive. Northland note
• Neutral Sentiment: Minor insider selling disclosed — A director sold 400 shares (additional past small sales exist); the sizes disclosed are modest but worth monitoring for trend changes in insider activity. SEC filing
• Negative Sentiment: Valuation friction — Commentators and some analysts warn Palantir’s multiples remain very high (forward and trailing P/Es), creating vulnerability to mean reversion despite rapid growth. Contrarian view
• Negative Sentiment: AI sector pullback and profit‑taking — A broader rotation away from high‑beta AI winners and short‑term profit taking trimmed gains; that dynamic amplified selling after the post‑earnings run. Sector weakness
• Negative Sentiment: Some sell‑side caution — A few firms (e.g., DA Davidson) trimmed near‑term expectations or flagged the need for sustained execution versus lofty consensus, adding pressure amid volatile volume. DA Davidson note

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.