Palantir Technologies (NASDAQ:PLTR) Upgraded by Mizuho to “Outperform” Rating

Mizuho upgraded shares of Palantir Technologies (NASDAQ:PLTR) from a neutral rating to an outperform rating in a research note released on Wednesday, Marketbeat reports. Mizuho currently has $195.00 price objective on the stock.

PLTR has been the topic of a number of other reports. Morgan Stanley raised their price objective on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Truist Financial started coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective for the company. HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies presently has a consensus rating of “Hold” and a consensus target price of $191.05.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $135.38 on Wednesday. The company’s 50 day simple moving average is $166.90 and its 200 day simple moving average is $172.02. Palantir Technologies has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The firm has a market capitalization of $322.67 billion, a P/E ratio of 214.89, a P/E/G ratio of 2.56 and a beta of 1.64.

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 the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. Sell-side analysts expect that Palantir Technologies will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 45,564 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $7,119,375.00. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $1,005,040,312.50. This represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 39,136 shares of Palantir Technologies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $6,115,000.00. Following the transaction, the insider directly owned 592 shares in the company, valued at approximately $92,500. This represents a 98.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 170,329 shares of company stock valued at $27,487,161. 9.23% of the stock is currently owned by company insiders.

Institutional Trading of Palantir Technologies

Large investors have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new position in Palantir Technologies in the fourth quarter valued at approximately $323,000. Blue Sparrow LLC DE purchased a new stake in Palantir Technologies in the fourth quarter worth $91,752,000. Mercer Global Advisors Inc. ADV raised its stake in shares of Palantir Technologies by 21.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 334,200 shares of the company’s stock valued at $59,404,000 after buying an additional 58,150 shares during the period. Summit Global Investments lifted its position in shares of Palantir Technologies by 564.1% during the 4th quarter. Summit Global Investments now owns 15,354 shares of the company’s stock valued at $2,729,000 after buying an additional 13,042 shares during the last quarter. Finally, Achmea Investment Management B.V. purchased a new position in shares of Palantir Technologies during the 4th quarter valued at $53,945,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Mizuho upgraded PLTR to “Outperform” with a $195 target, citing Palantir’s unique AI positioning and re‑rated commercial outlook — a high‑profile buy call that supports further analyst momentum. Mizuho upgrades Palantir Technologies (PLTR)
• Positive Sentiment: Palantir announced a strategic partnership with Rackspace to accelerate enterprise deployments of Foundry and AIP — Rackspace will host Palantir in private/sovereign clouds and scale trained engineers, which can speed sales cycles and adoption in regulated industries. Rackspace Technology and Palantir Technologies Announce Strategic Partnership
• Positive Sentiment: Palantir moved its headquarters from Denver to Miami — investors framed this as a corporate‑friendly, tax/regulatory play that also signals management’s confidence and alignment with other big tech relocations to Florida. That narrative helped sentiment alongside recent earnings strength. Palantir’s Florida move is more than just a change of address
• Positive Sentiment: A federal judge granted Palantir an injunction blocking ex‑employees from soliciting workers for a rival AI firm, shielding Palantir’s talent and IP during a sensitive commercialization phase. US judge blocks ex-Palantir staffers from poaching workers for new AI firm
• Neutral Sentiment: Options and technical flows show heavy activity — unusual put trades and chatter about a rebound off support near $130 suggest traders are positioning for a possible bottom or volatility-driven bounce. These are market‑structure signals rather than fundamental changes. Has Palantir Bottomed? Probably, Based on Huge, Unusual Put Options Activity in PLTR
• Negative Sentiment: Scrutiny over CEO Alex Karp’s disclosed $17.2M in private‑jet travel for 2025 has drawn media and investor attention — a reputational/PR headwind that some investors view as poor optics given the stock’s valuation. High flyer: Palantir CEO Alex Karp spent $17.2 million on private jets in 2025, filing reveals
• Negative Sentiment: High‑profile skeptics including Michael Burry and other bears continue to argue PLTR is overvalued and have publicly posted downside targets, keeping volatility and headline risk elevated despite bullish analyst notes. Palantir Stock’s “Winning Streak Will Not Endure,” Says Big Short’s Michael Burry

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.