Palantir Technologies (NASDAQ:PLTR) Upgraded to Buy at HSBC

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

Other equities analysts have also recently issued research reports about the company. Piper Sandler reissued an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a report on Tuesday. Daiwa Capital Markets boosted their price target on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Robert W. Baird upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective on the stock in a report on Tuesday. Mizuho set a $195.00 target price on shares of Palantir Technologies in a report on Tuesday. Finally, DA Davidson reduced their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday. Eleven research 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, Palantir Technologies presently has a consensus rating of “Hold” and a consensus target price of $191.95.

Palantir Technologies Trading Up 6.8%

Shares of PLTR opened at $157.88 on Tuesday. The stock’s 50 day moving average is $175.73 and its two-hundred day moving average is $173.73. Palantir Technologies has a 12 month low of $66.12 and a 12 month high of $207.52. The firm has a market cap of $376.30 billion, a P/E ratio of 250.61, a PEG ratio of 3.72 and a beta of 1.64.

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 25.19%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. The firm’s revenue was up 70.0% compared to the same quarter last year. Equities research analysts forecast that Palantir Technologies will post 0.31 EPS for the current year.

Insider Activity

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at $97,082.08. The trade was a 99.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shyam Sankar sold 149,872 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. This trade represents a 18.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,023,444 shares of company stock worth $167,394,629. Insiders own 12.93% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PLTR. Decker Retirement Planning Inc. increased its holdings in shares of Palantir Technologies by 778.7% in the 3rd 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 period. Vanguard Group Inc. increased its stake in Palantir Technologies by 3.6% in the second 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 period. Prentice Wealth Management LLC purchased a new stake in shares of Palantir Technologies in the third quarter valued at about $550,000. Watershed Private Wealth LLC raised its holdings in shares of Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after buying an additional 3,350 shares during the last quarter. Finally, State of Michigan Retirement System boosted its stake in shares of 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 period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Q4 beat and blowout FY‑2026 guidance: Palantir reported ~70% Y/Y revenue growth for Q4, beat EPS, and guided FY2026 revenue ~61% higher — a key catalyst sending shares higher. Business Wire: Palantir Reports Q4 2025
• Positive Sentiment: Commercial and U.S. government demand accelerating: U.S. commercial revenue surged (reported +137% Y/Y) and defense spending helped bookings — evidence AI adoption is driving larger deal sizes from existing customers. MarketBeat: Palantir’s Perfect 10
• Positive Sentiment: Wall Street upgrades and price‑target lifts: Multiple firms raised ratings/targets (including Citi’s street‑high target, William Blair upgrades), which amplified buying interest. TipRanks: Citi $235 PT
• Neutral Sentiment: Market context and technicals: PLTR jumped while broader software names lagged; trading volume spiked and analysts note the stock returned to a support/technical buy zone — higher volatility likely to continue. MarketBeat: Market Wrap
• Negative Sentiment: Valuation and sustainability concerns: Several pieces warn PLTR still trades at extreme multiples (high P/E, P/S) and that sustaining 60%+ growth is a stretch — key risk if growth slows. Seeking Alpha: Valuation Concerns
• Negative Sentiment: Hedge activity and insider selling: Reports show high-profile investors buying puts and persistent insider sales cited by data aggregators — raises short‑term caution despite the beat. 24/7 Wall St.: Michael Burry put positions (referenced)

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.