Palantir Technologies (NASDAQ:PLTR) Now Covered by Analysts at Benchmark

Benchmark began coverage on shares of Palantir Technologies (NASDAQ:PLTR) in a report issued on Wednesday morning,MarketScreener reports. The firm issued a hold rating on the stock.

Other equities analysts have also issued reports about the stock. Phillip Securities reduced their price target on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 price objective on shares of Palantir Technologies in a report on Wednesday, March 25th. DA Davidson reduced their target price on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, UBS Group raised their price target on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $197.77.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $146.49 on Wednesday. The firm 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. The stock has a fifty day moving average price of $146.57 and a two-hundred day moving average price of $168.03. Palantir Technologies has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company earned $0.14 EPS. The firm’s revenue for the quarter was up 70.0% compared to the same quarter last year. On average, equities research analysts predict that Palantir Technologies will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,045,279 shares of company stock valued at $140,539,043. Insiders own 9.23% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. J. Derek Lewis & Associates Inc. bought a new stake in shares of Palantir Technologies during the fourth quarter worth $2,165,000. Up Capital Management Inc. bought a new position in Palantir Technologies in the fourth quarter valued at about $10,269,000. Purpose Unlimited Inc. bought a new position in Palantir Technologies in the fourth quarter valued at about $20,089,000. Cornerstone Planning LLC acquired a new stake in Palantir Technologies in the fourth quarter worth about $5,651,000. Finally, AMG Asset Management Group Inc. acquired a new stake in Palantir Technologies in the fourth quarter worth about $249,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies News Roundup

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.