Palantir Technologies (NASDAQ:PLTR) Trading Down 11.6% on Analyst Downgrade

Palantir Technologies Inc. (NASDAQ:PLTR)’s stock price dropped 11.6% during mid-day trading on Wednesday after DA Davidson lowered their price target on the stock from $215.00 to $180.00. DA Davidson currently has a neutral rating on the stock. Palantir Technologies traded as low as $135.68 and last traded at $139.54. Approximately 111,918,500 shares were traded during trading, an increase of 137% from the average daily volume of 47,318,438 shares. The stock had previously closed at $157.88.

A number of other brokerages also recently issued reports on PLTR. Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Truist Financial assumed coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 target price on the stock. Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Loop Capital dropped their price target on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Finally, The Goldman Sachs Group reduced their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $191.95.

Insiders Place Their Bets

In other news, insider Shyam Sankar sold 19,004 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction that occurred on 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 directly owned 413,639 shares in the company, valued at $76,899,626.49. This trade represents a 2.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,023,844 shares of company stock valued at $167,455,085 over the last ninety days. 9.23% of the stock is owned by insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results and aggressive FY‑2026 guidance (revenue, EPS, margins and bookings all topped expectations), which earlier triggered the rally and underpinned bullish analyst revisions. Read More.
• Positive Sentiment: Multiple analyst upgrades and price‑target hikes (including bulls raising targets and at least one street‑high PT) that gave institutional and retail investors cover to buy after the earnings beat. Read More.
• Positive Sentiment: U.S. commercial demand surged (management cited very large deal wins and a sharp jump in U.S. commercial sales), supporting the thesis that Palantir is monetizing AI effectively. Read More.
• Neutral Sentiment: Friendly media and TV commentary (CNBC, Jim Cramer, others) reinforced the upbeat narrative but also amplified intraday volatility as viewers reacted to rapid price moves. Read More.
• Neutral Sentiment: CEO remarks flag a geographic growth split — strong U.S. adoption but what management calls slower uptake in parts of Europe/Canada, which could cap international upside. Read More.
• Negative Sentiment: Valuation worries resurfaced quickly: commentators flagged that Palantir’s rich multiples mean the bar for future execution is very high — a primary reason for profit‑taking after the rally. Read More.
• Negative Sentiment: After the huge post‑earnings pop, intraday heavy volume and profit‑taking forced a pullback — traders who bought the initial surge appear to be exiting on the first signs of a rollover. Read More.
• Negative Sentiment: Persistent micro‑risks: notable insider selling disclosures and reports of hedge‑fund activity (e.g., option bets by prominent investors) add to the narrative that some participants are hedging or booking gains. Read More.

Institutional Inflows and Outflows

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

Palantir Technologies Trading Down 11.6%

The company’s 50-day simple moving average is $175.20 and its 200-day simple moving average is $173.49. The stock has a market capitalization of $332.59 billion, a price-to-earnings ratio of 221.50, a PEG ratio of 3.97 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 analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 earnings per share. On average, equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies Company Profile

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.