Palantir Technologies (NASDAQ:PLTR) Stock Price Up 5.2% – Here’s Why

Palantir Technologies Inc. (NASDAQ:PLTR) was up 5.2% on Monday . The stock traded as high as $145.87 and last traded at $142.91. Approximately 57,243,757 shares were traded during trading, an increase of 15% from the average daily volume of 49,802,074 shares. The stock had previously closed at $135.90.

Palantir Technologies News Summary

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

• Positive Sentiment: Management is guiding to very strong growth (a 61% revenue growth target for 2026) and Palantir keeps beating estimates, which supports the rally and re-rating into AI names. As Palantir Bets on 61% Revenue Growth in 2026
• Positive Sentiment: Investors are rotating back into software/AI plays, helping PLTR recover after recent weakness; several outlets highlight today’s move as part of a broader tech rebound. Why Palantir (PLTR) Stock Is Up Today
• Positive Sentiment: Palantir announced a partnership with Cognizant to accelerate AI-driven healthcare modernization, a tangible commercial expansion that can drive enterprise adoption of Foundry/AIP. Palantir Cognizant healthcare partnership
• Neutral Sentiment: Coverage pieces and sector roundups (Zacks, MarketBeat) put PLTR on lists of notable software/earnings winners, keeping it on investors’ watchlists but not changing the valuation debate. 5 Top Software Stocks Investors Can Buy Now
• Neutral Sentiment: Analysis pieces compare Palantir to other AI leaders (e.g., Nvidia); these frame PLTR as an important AI play but focus on different risk/reward profiles rather than a clear buy/sell signal. Better AI Stock to Buy Now: Palantir or Nvidia?
• Negative Sentiment: Forbes briefly pulled and then reposted a profile with negative commentary about Palantir’s contracts with ICE — a reputational/legal risk that can attract regulatory and activist attention. Forbes temporarily pulls Palantir profile — allegedly over ICE contracts
• Negative Sentiment: Several analysts and long-form pieces warn PLTR remains richly valued and vulnerable to large drawdowns despite strong growth — some argue the stock’s upside is priced for perfection. Here’s Why I Wouldn’t Touch Palantir Stock
• Negative Sentiment: Historical volatility and bear-case analyses suggest a potential for much larger declines from highs, and some analysts recommend selling into strength or choosing alternative AI names. AI Superstar Palantir Has Plunged 37%

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research report on Tuesday, February 3rd. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Finally, DA Davidson cut their price objective on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Eleven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $191.95.

Palantir Technologies Stock Performance

The firm has a market capitalization of $340.69 billion, a P/E ratio of 230.34, a price-to-earnings-growth ratio of 2.61 and a beta of 1.64. The business has a 50 day simple moving average of $173.84 and a two-hundred day simple moving average of $173.38.

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

Insiders Place Their Bets

In other news, insider David A. Glazer sold 9,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the sale, the insider owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This trade represents a 2.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the sale, the insider owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,023,844 shares of company stock valued at $167,455,085. Company insiders own 12.93% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PLTR. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies in the second quarter valued at about $27,000. LFA Lugano Financial Advisors SA bought a new stake in Palantir Technologies during the 2nd quarter valued at approximately $27,000. Frazier Financial Advisors LLC purchased a new position in Palantir Technologies in the 2nd quarter worth approximately $28,000. Bare Financial Services Inc boosted its stake in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares during the period. Finally, Delos Wealth Advisors LLC purchased a new stake in Palantir Technologies during the 2nd quarter valued at approximately $29,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

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.