Rosenblatt Securities Initiates Coverage on Palantir Technologies (NASDAQ:PLTR)

Analysts at Rosenblatt Securities started coverage on shares of Palantir Technologies (NASDAQ:PLTR) in a report released on Friday, Marketbeat.com reports. The brokerage set a “buy” rating and a $150.00 price target on the stock. Rosenblatt Securities’ price target points to a potential upside of 9.34% from the stock’s current price.

PLTR has been the topic of several other reports. HSBC raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Tuesday, February 3rd. Citigroup boosted their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. UBS Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and cut their price target for the stock from $180.00 to $150.00 in a report on Thursday. Truist Financial initiated coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. Finally, Piper Sandler reiterated an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $187.96.

Palantir Technologies Stock Up 0.9%

Shares of PLTR stock opened at $137.19 on Friday. The stock’s 50-day moving average price is $159.67 and its 200 day moving average price is $169.82. The stock has a market capitalization of $328.11 billion, a PE ratio of 217.77, a price-to-earnings-growth ratio of 2.64 and a beta of 1.64. Palantir Technologies has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same period last year, the firm earned $0.14 EPS. Analysts expect that Palantir Technologies will post 0.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This trade represents a 20.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the sale, the insider owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,054,279 shares of company stock worth $142,212,233. 9.23% of the stock is owned by insiders.

Institutional Investors Weigh In On Palantir Technologies

A number of large investors have recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. lifted its position in Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the period. Vanguard Group Inc. grew its position in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares during the period. Prentice Wealth Management LLC bought a new stake in shares of Palantir Technologies during the third quarter worth approximately $550,000. Watershed Private Wealth LLC lifted its holdings in 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 period. Finally, State of Michigan Retirement System lifted its holdings in Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after buying an additional 12,300 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

More Palantir Technologies News

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

• Positive Sentiment: UBS upgraded PLTR to Buy (from Neutral), citing Palantir’s positioning at the intersection of AI and data spending — the upgrade and $150 price target signal renewed Wall Street conviction after the recent pullback. Palantir upgraded to ‘Buy’ by UBS on strong AI and data demand
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $150 target, joining UBS and creating two fresh buy calls that have supported the rally. Rosenblatt Coverage
• Positive Sentiment: Nvidia CEO Jensen Huang’s bullish comments about the AI cycle lifted sentiment across AI names — investors view this as validation of Palantir’s TAM and AIP opportunity (helps cohort momentum). Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Positive Sentiment: Commercial traction and partnerships — Palantir’s deal with Rackspace to speed enterprise AI deployments and customer rollouts (e.g., OneMedNet’s Foundry rollout) point to expanding go‑to‑market and recurring revenue potential. Palantir AI partnerships and Rackspace
• Neutral Sentiment: Analyst debate and comparisons — coverage from TipRanks and InvestorPlace frames PLTR versus other AI leaders (NVDA) and questions whether the new AI Platform (AIP) will scale into high‑margin, repeatable enterprise deals. These pieces fuel both buy and cautious seller arguments. NVDA vs. PLTR analysis
• Neutral Sentiment: Valuation debate persists — several writeups note Q4 outperformance (strong revenue growth) but warn PLTR trades at a premium and needs execution to justify multiples; this keeps volatility high. Can Palantir justify a premium price?
• Negative Sentiment: Large insider selling — multiple filings show insider sales totaling well over $100M recently, which investors view as a headwind and a token of caution from insiders. Insider Selling: Palantir Insider Sells $65.9M

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.