Rosenblatt Securities reissued their buy rating on shares of Palantir Technologies (NASDAQ:PLTR – Free Report) in a research note published on Wednesday morning,Benzinga reports. Rosenblatt Securities currently has a $200.00 price objective on the stock.
PLTR has been the subject of a number of other research reports. Piper Sandler restated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. The Goldman Sachs Group dropped their price target on Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Weiss Ratings cut Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Argus raised Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Finally, Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective on the stock in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $198.59.
Read Our Latest Stock Analysis on PLTR
Palantir Technologies Stock Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted 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. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies’s quarterly revenue was up 70.0% on a year-over-year basis. During the same period last year, the company posted $0.14 earnings per share. On average, research analysts predict that Palantir Technologies will post 0.31 EPS for the current fiscal year.
Insider Transactions at Palantir Technologies
In related news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the transaction, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business’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 $43,738,207.36. Following the sale, the insider directly owned 592 shares in the company, valued at $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,045,279 shares of company stock worth $140,539,043 in the last quarter. Company insiders own 9.23% of the company’s stock.
Institutional Trading of Palantir Technologies
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Revolve Wealth Partners LLC purchased a new position in Palantir Technologies during the fourth quarter worth $450,000. Bison Wealth LLC raised its stake in shares of Palantir Technologies by 37.4% in the fourth 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 during the period. Capstone Wealth Management Group LLC lifted its holdings in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after acquiring an additional 4,722 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after acquiring an additional 1,694 shares during the last quarter. Finally, Summit Global Investments purchased a new position in shares of Palantir Technologies during the 2nd quarter worth about $247,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Key Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir is reported to be developing software with Anduril for President Trump’s $185B “Golden Dome” antimissile shield — a potential multi‑billion dollar government opportunity that’s the main near‑term bullish catalyst. Anduril, Palantir developing Golden Dome missile shield’s software, source says
- Positive Sentiment: The Pentagon formally adopting Palantir’s Maven AI as a “program of record” gives Palantir recurring budget treatment across DoD branches — supporting more predictable, long‑term government revenue. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
- Positive Sentiment: Analyst support is backing the move: Rosenblatt reaffirmed a Buy with a $200 price target and other sell‑side commentary has cheered the Golden Dome designation, driving intraday upticks. Palantir Technologies Stock (PLTR) Jumps on Analyst Praise for Golden Dome Inclusion
- Positive Sentiment: Commercial wins and partnerships (AI mortgage platform pilot with Freedom Mortgage; deal work with Centrus Energy) add diversification beyond defense and signal expanding addressable markets. Palantir Announces AI Mortgage Platform Partnership with Moder and Freedom Mortgage
- Neutral Sentiment: Commentary remains mixed on valuation: several pieces debate whether Palantir’s recent run and high P/E are justified by growth, leaving longer‑term conviction dependent on continued execution. Is Palantir Stock a Long-Term Buy?
- Negative Sentiment: Despite contract wins, the stock has previously sold off with broader software/AI weakness (a ~5% drop reported during sector weakness), showing PLTR remains sensitive to macro tech flows. Palantir (PLTR) Stock Drops 5% Even With Major Pentagon and UK Contract Wins
- Negative Sentiment: Political and reputational risks persist (criticisms in the U.K. and scrutiny on campaign ties); these can amplify volatility and complicate public‑sector deal flows in sensitive jurisdictions. Palantir turns poisonous on the campaign trail
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.
Further Reading
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