DZ Bank Initiates Coverage on Palantir Technologies (NASDAQ:PLTR)

DZ Bank assumed coverage on shares of Palantir Technologies (NASDAQ:PLTR) in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage set a “buy” rating and a $175.00 price target on the stock. DZ Bank’s price target points to a potential upside of 22.30% from the company’s current price.

Other analysts also recently issued research reports about the stock. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Loop Capital decreased their price target on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Argus upgraded Palantir Technologies to a “hold” rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $196.35.

Palantir Technologies Trading Up 1.1%

Shares of NASDAQ:PLTR opened at $143.09 on Thursday. Palantir Technologies has a 12 month low of $105.32 and a 12 month high of $207.52. The company has a 50-day moving average price of $144.74 and a 200 day moving average price of $163.87. The company has a market cap of $342.23 billion, a price-to-earnings ratio of 227.13, a PEG ratio of 2.72 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $1.34 billion. During the same quarter last year, the firm earned $0.14 EPS. The firm’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, equities analysts forecast that Palantir Technologies will post 1.05 EPS for the current year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction 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 approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This represents a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,029,879 shares of company stock worth $137,746,253 over the last 90 days. Corporate insiders own 9.23% of the company’s stock.

Institutional Trading of Palantir Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after acquiring an additional 1,557,828 shares in the last quarter. State Street Corp raised its stake in shares of Palantir Technologies by 1.1% during the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock valued at $18,198,990,000 after acquiring an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Palantir Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after acquiring an additional 805,047 shares in the last quarter. Norges Bank bought a new stake in shares of Palantir Technologies during the fourth quarter valued at approximately $5,149,641,000. Finally, Invesco Ltd. raised its stake in shares of Palantir Technologies by 2.8% during the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after acquiring an additional 616,297 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir’s Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here’s Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

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.