Palantir Technologies (NASDAQ:PLTR) Trading 1.8% Higher Following Analyst Upgrade

Palantir Technologies Inc. (NASDAQ:PLTR)’s share price shot up 1.8% during mid-day trading on Wednesday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $195.00 price target on the stock. Palantir Technologies traded as high as $140.96 and last traded at $135.38. 59,280,359 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 51,380,035 shares. The stock had previously closed at $133.02.

Several other research firms have also issued reports on PLTR. Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Argus upgraded Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. UBS Group reduced their target price on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Morgan Stanley raised their price target on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Finally, Piper Sandler restated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $191.05.

Insider Buying and Selling

In other Palantir Technologies news, insider Alexander C. Karp sold 45,564 shares of Palantir Technologies stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $7,119,375.00. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,005,040,312.50. The trade was a 0.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the sale, the insider directly owned 251,409 shares in the company, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 170,329 shares of company stock worth $27,487,161 in the last quarter. 9.23% of the stock is currently owned by corporate insiders.

More Palantir Technologies News

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

• Positive Sentiment: Mizuho upgraded PLTR to “Outperform” with a $195 target, citing Palantir’s unique AI positioning and re‑rated commercial outlook — a high‑profile buy call that supports further analyst momentum. Mizuho upgrades Palantir Technologies (PLTR)
• Positive Sentiment: Palantir announced a strategic partnership with Rackspace to accelerate enterprise deployments of Foundry and AIP — Rackspace will host Palantir in private/sovereign clouds and scale trained engineers, which can speed sales cycles and adoption in regulated industries. Rackspace Technology and Palantir Technologies Announce Strategic Partnership
• Positive Sentiment: Palantir moved its headquarters from Denver to Miami — investors framed this as a corporate‑friendly, tax/regulatory play that also signals management’s confidence and alignment with other big tech relocations to Florida. That narrative helped sentiment alongside recent earnings strength. Palantir’s Florida move is more than just a change of address
• Positive Sentiment: A federal judge granted Palantir an injunction blocking ex‑employees from soliciting workers for a rival AI firm, shielding Palantir’s talent and IP during a sensitive commercialization phase. US judge blocks ex-Palantir staffers from poaching workers for new AI firm
• Neutral Sentiment: Options and technical flows show heavy activity — unusual put trades and chatter about a rebound off support near $130 suggest traders are positioning for a possible bottom or volatility-driven bounce. These are market‑structure signals rather than fundamental changes. Has Palantir Bottomed? Probably, Based on Huge, Unusual Put Options Activity in PLTR
• Negative Sentiment: Scrutiny over CEO Alex Karp’s disclosed $17.2M in private‑jet travel for 2025 has drawn media and investor attention — a reputational/PR headwind that some investors view as poor optics given the stock’s valuation. High flyer: Palantir CEO Alex Karp spent $17.2 million on private jets in 2025, filing reveals
• Negative Sentiment: High‑profile skeptics including Michael Burry and other bears continue to argue PLTR is overvalued and have publicly posted downside targets, keeping volatility and headline risk elevated despite bullish analyst notes. Palantir Stock’s “Winning Streak Will Not Endure,” Says Big Short’s Michael Burry

Institutional Trading of Palantir Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of PLTR. Occidental Asset Management LLC increased its holdings in Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after purchasing an additional 53 shares in the last quarter. Gallacher Capital Management LLC grew its holdings in shares of Palantir Technologies by 2.2% during the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock worth $447,000 after purchasing an additional 53 shares during the last quarter. Bare Financial Services Inc increased its stake in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares in the last quarter. Lionshead Wealth Management LLC raised its holdings in shares of Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares during the last quarter. Finally, Ellenbecker Investment Group raised its holdings in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after buying an additional 57 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

The company’s 50-day moving average is $166.90 and its 200-day moving average is $172.02. The firm has a market cap of $322.67 billion, a price-to-earnings ratio of 214.89, a P/E/G ratio of 2.56 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s revenue was up 70.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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.