Palantir Technologies (NASDAQ:PLTR) Shares Up 1.8% on Analyst Upgrade

Palantir Technologies Inc. (NASDAQ:PLTR) shares traded up 1.8% during trading on Wednesday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $195.00 price target on the stock. Palantir Technologies traded as high as $140.96 and last traded at $135.38. 59,280,359 shares were traded during trading, an increase of 15% from the average session volume of 51,380,035 shares. The stock had previously closed at $133.02.

PLTR has been the topic of several other reports. Phillip Securities started coverage on Palantir Technologies in a report on Thursday, January 22nd. They set a “buy” rating and a $208.00 target price on the stock. HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Tuesday, February 3rd. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a report on Thursday, January 22nd. Finally, Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies currently has an average rating of “Hold” and an average target price of $191.05.

Insider Activity

In other Palantir Technologies news, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. This trade represents a 5.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at $97,082.08. This represents a 99.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,023,844 shares of company stock worth $167,455,085. 9.23% of the stock is owned by insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: Mizuho and other firms upgraded Palantir, citing its AI positioning and commercial momentum — upgrades support upside analyst targets and helped lift sentiment. Analyst Upgrade/Barron’s
• Positive Sentiment: Rackspace announced a strategic partnership to host and deploy Palantir Foundry and AIP (managed operations, private/sovereign cloud options). That deal can accelerate enterprise AIP deployments and sales adoption in regulated industries. Rackspace Partnership
• Positive Sentiment: Palantir’s latest quarterly results beat estimates (strong revenue growth and FCF), and commentators point to continued AI-commercial momentum as a reason for renewed bullishness. Positive earnings momentum is a core driver of the stock move. Earnings/Wall Street Reaction
• Positive Sentiment: Unusual large out‑of‑the‑money put options activity was flagged by options scribes as a potential contrarian signal that the pullback may be near a bottom — traders interpret this as a bullish technical/order‑flow sign. Put Options Activity
• Neutral Sentiment: Palantir relocated its headquarters from Denver to Miami; investors note potential tax/regulatory benefits, but the move is unlikely to materially change near‑term fundamentals. HQ Move/CNBC
• Neutral Sentiment: Analyst and media debate persists over valuation versus execution — coverage shows wide target dispersion, so short‑term price swings may reflect changing sentiment more than fundamentals. Valuation Discussion
• Negative Sentiment: High‑profile bears — notably Michael Burry — continue to publicly challenge Palantir’s valuation and moat; Burry’s commentary and put positions amplify downside narratives and can pressure sentiment. Michael Burry / CEO Travel Story
• Negative Sentiment: Extensive insider selling and headlines about concentrated insider dispositions have raised governance/valuation concerns for some investors — a potential drag if selling continues. Insider Selling / QuiverQuant

Hedge Funds Weigh In On Palantir Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the business. Revolve Wealth Partners LLC bought a new stake in Palantir Technologies in the 4th quarter valued at about $450,000. Bison Wealth LLC lifted its stake in Palantir Technologies by 37.4% during the 4th 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 boosted its holdings in 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 purchasing an additional 4,722 shares during the last quarter. Evermay Wealth Management LLC grew its holdings in shares of Palantir Technologies by 43,700.0% in the second quarter. Evermay Wealth Management LLC now owns 876 shares of the company’s stock valued at $119,000 after acquiring an additional 874 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in shares of Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after acquiring an additional 1,694 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Trading Up 1.8%

The stock has a market capitalization of $322.67 billion, a PE ratio of 214.89, a price-to-earnings-growth ratio of 2.53 and a beta of 1.64. The firm has a 50-day moving average price of $167.95 and a 200-day moving average price of $172.28.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s revenue was up 70.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 EPS. Sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share 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.