Palantir Technologies (NASDAQ:PLTR) Given “Neutral” Rating at DA Davidson

DA Davidson reiterated their neutral rating on shares of Palantir Technologies (NASDAQ:PLTR) in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a $180.00 price objective on the stock.

Several other analysts have also recently commented on the stock. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. Citigroup raised their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. Finally, HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $197.32.

Palantir Technologies Stock Up 0.4%

Shares of NASDAQ PLTR opened at $142.76 on Thursday. Palantir Technologies has a 52 week low of $89.31 and a 52 week high of $207.52. The firm has a 50-day moving average price of $143.51 and a 200 day moving average price of $165.33. The stock has a market capitalization of $341.44 billion, a price-to-earnings ratio of 226.61, a price-to-earnings-growth ratio of 2.82 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data 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 firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the business earned $0.14 earnings per share. The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. Equities research analysts expect that Palantir Technologies will post 0.31 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In other news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 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 transaction of $43,738,207.36. Following the sale, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,029,879 shares of company stock valued at $137,746,253 in the last quarter. 9.23% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of PLTR. Bare Financial Services Inc grew its holdings in shares of Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter worth about $29,000. Financial Consulate Inc. purchased a new stake in shares of Palantir Technologies during the third quarter worth about $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Palantir Technologies during the third quarter worth about $31,000. Finally, Morton Brown Family Wealth LLC grew its holdings in shares of Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after buying an additional 125 shares in the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: AI narrative and analyst upgrades are supporting the move — several headlines highlight renewed momentum, rating upgrades and investor interest tied to Palantir’s AIP and enterprise traction. AI Momentum Lifts Intel, Palantir Ratings
• Positive Sentiment: Political endorsement and publicity have sparked buying interest (Trump praise and broader retail/institution buzz), reinforcing defense/government contract sentiment. QuiverQuant: Opinions on President Trump’s Praise
• Positive Sentiment: Product-led growth: coverage points to Palantir’s AIP driving triple-digit U.S. commercial growth and potential long-term, program-of-record defense wins — a structural growth argument for bulls. Got $3,000? Palantir Might Be the 1 Defense‑Tech Name
• Neutral Sentiment: Technicals: several pieces note PLTR is “approaching a breakout level” after a deep correction — that can attract momentum traders but is not a fundamental endorsement. Palantir Stock Approaches Major Breakout Level
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $180 price target, signaling upside in models but tempered conviction — useful context for traders assessing risk/reward. Benzinga: DA Davidson Rating
• Negative Sentiment: Valuation remains a central worry: multiple analysts and commentators warn PLTR still trades at a premium and that any execution slip could trigger a sharp pullback. A 35% Dip Is Here for Palantir Stock
• Negative Sentiment: Michael Burry and other skeptics continue to publicly short/criticize PLTR, raising headlines about competition from firms like Anthropic and keeping downside narrative alive. Michael Burry Thinks Anthropic is Eating the Lunch of Palantir
• Negative Sentiment: Despite AI tailwinds, coverage flags that the stock “slides despite strong AI narrative” and notes dilution/insider selling as structural negatives for longer-term holders. Palantir Slides Despite Strong AI Narrative

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.