Palantir Technologies (NASDAQ:PLTR) Given New $190.00 Price Target at Phillip Securities

Palantir Technologies (NASDAQ:PLTR) had its price objective trimmed by Phillip Securities from $208.00 to $190.00 in a research report report published on Wednesday,MarketScreener reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also commented on PLTR. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research note on Tuesday, February 3rd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. The Goldman Sachs Group decreased their target price on Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Finally, Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $197.77.

Palantir Technologies Trading Up 0.1%

Shares of PLTR opened at $146.49 on Wednesday. The business’s 50-day moving average price is $146.57 and its 200 day moving average price is $168.03. The stock has a market capitalization of $350.36 billion, a P/E ratio of 232.53, a P/E/G ratio of 2.90 and a beta of 1.67. Palantir Technologies has a 1-year low of $66.12 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its 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. 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%. The business’s revenue for the quarter 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 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 493,025 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the sale, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. This represents a 2.78% 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 1,045,279 shares of company stock worth $140,539,043. Insiders own 9.23% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Bare Financial Services Inc lifted its holdings in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares during the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $29,000. Basepoint Wealth LLC acquired a new position in Palantir Technologies in the fourth quarter worth approximately $29,000. Zeit Capital LLC acquired a new position in Palantir Technologies in the second quarter worth approximately $30,000. Finally, Financial Consulate Inc. bought a new position in Palantir Technologies during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

More Palantir Technologies News

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

• Positive Sentiment: Renewed, expanded partnership with automaker Stellantis — management confirmed a multi‑year roll‑out of Palantir AI and data tools across the business, a cited catalyst for the intraday rally. Article Title
• Positive Sentiment: Big analyst bullishness: Dan Ives (Wedbush) raised his price target to $230, highlighting Palantir as a key AI software name — this upgrade adds upside narrative for growth-focused investors. Article Title
• Positive Sentiment: Defense/government wins: the U.S. Department of Defense designated Palantir’s Maven (Maven Smart System) as a program of record and the company secured a Navy contract — strengthens recurring-government revenue thesis and technical moat. Article Title
• Neutral Sentiment: Mixed analyst actions: Phillip Securities trimmed its price target to $190 but kept a Buy, while Benchmark initiated coverage with a Hold — these are neither outright bearish nor strongly bullish and keep consensus views varied. Article Title
• Neutral Sentiment: Institutional moves and coverage chatter: small stake sales reported (Century Legend) and ongoing coverage debates (Mizuho reaffirmations, sector comparisons) keep headlines busy but not decisively directional. Article Title
• Negative Sentiment: Valuation concerns intensify: multiple outlets note Palantir trades at extremely rich multiples (P/S north of 100 in some screens, very high P/E) and that the stock requires sustained 60%–70% annual revenue growth to justify current levels — a high bar that raises downside risk if growth slows. Article Title
• Negative Sentiment: Critics and short interest remain vocal: high-profile skeptics (mentions of Michael Burry and valuation bears) plus commentary that the stock is “priced for perfection” cap how much multiple expansion is reasonable without flawless execution. Article Title

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.