Palantir Technologies (NASDAQ:PLTR) Upgraded by Robert W. Baird to “Outperform” Rating

Robert W. Baird upgraded shares of Palantir Technologies (NASDAQ:PLTR) from a neutral rating to an outperform rating in a research report released on Tuesday, MarketBeat reports. They currently have $200.00 price objective on the stock.

Several other brokerages have also weighed in on PLTR. UBS Group lifted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. DA Davidson raised their price objective on shares of Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday. Finally, Citigroup raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $210.00 to $235.00 in a research report on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies presently has an average rating of “Hold” and an average target price of $191.95.

Palantir Technologies Stock Up 6.8%

Shares of NASDAQ:PLTR opened at $157.88 on Tuesday. The company has a market cap of $376.30 billion, a price-to-earnings ratio of 250.61, a PEG ratio of 3.72 and a beta of 1.64. The business has a 50 day moving average price of $175.73 and a 200 day moving average price of $173.73. Palantir Technologies has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 25.19% and a net margin of 36.31%.The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 70.0% compared to the same quarter last year. Analysts anticipate that Palantir Technologies will post 0.31 EPS for the current year.

Insider Activity

In related news, insider Shyam Sankar sold 19,004 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the sale, the insider directly owned 642,786 shares in the company, valued at $100,435,312.50. This represents a 2.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $2,176,200.00. Following the completion of the transaction, the insider owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,023,444 shares of company stock valued at $167,394,629. Corporate insiders own 12.93% of the company’s stock.

Institutional Trading of Palantir Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Decker Retirement Planning Inc. boosted its holdings in Palantir Technologies by 778.7% in the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after acquiring an additional 54,347 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC bought a new position in shares of Palantir Technologies in the 3rd quarter valued at about $550,000. Watershed Private Wealth LLC grew its position in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after buying an additional 3,350 shares during the period. Finally, State of Michigan Retirement System raised its stake in shares of Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after buying an additional 12,300 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Palantir Technologies News

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

• Positive Sentiment: Q4 beat and blowout FY‑2026 guidance: Palantir reported ~70% Y/Y revenue growth for Q4, beat EPS, and guided FY2026 revenue ~61% higher — a key catalyst sending shares higher. Business Wire: Palantir Reports Q4 2025
• Positive Sentiment: Commercial and U.S. government demand accelerating: U.S. commercial revenue surged (reported +137% Y/Y) and defense spending helped bookings — evidence AI adoption is driving larger deal sizes from existing customers. MarketBeat: Palantir’s Perfect 10
• Positive Sentiment: Wall Street upgrades and price‑target lifts: Multiple firms raised ratings/targets (including Citi’s street‑high target, William Blair upgrades), which amplified buying interest. TipRanks: Citi $235 PT
• Neutral Sentiment: Market context and technicals: PLTR jumped while broader software names lagged; trading volume spiked and analysts note the stock returned to a support/technical buy zone — higher volatility likely to continue. MarketBeat: Market Wrap
• Negative Sentiment: Valuation and sustainability concerns: Several pieces warn PLTR still trades at extreme multiples (high P/E, P/S) and that sustaining 60%+ growth is a stretch — key risk if growth slows. Seeking Alpha: Valuation Concerns
• Negative Sentiment: Hedge activity and insider selling: Reports show high-profile investors buying puts and persistent insider sales cited by data aggregators — raises short‑term caution despite the beat. 24/7 Wall St.: Michael Burry put positions (referenced)

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.