DA Davidson Cuts Palantir Technologies (NASDAQ:PLTR) Price Target to $180.00

Palantir Technologies (NASDAQ:PLTR) had its price target reduced by DA Davidson from $215.00 to $180.00 in a research note issued to investors on Tuesday, MarketBeat reports. DA Davidson currently has a neutral rating on the stock.

Several other research firms also recently weighed in on PLTR. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. Phillip Securities assumed coverage on Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price on the stock. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Truist Financial began coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. Finally, Loop Capital reduced their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and an average price target of $191.95.

Palantir Technologies Trading Down 6.8%

Shares of Palantir Technologies stock opened at $130.01 on Tuesday. The firm’s 50 day simple moving average is $174.49 and its two-hundred day simple moving average is $173.19. The firm has a market capitalization of $309.87 billion, a price-to-earnings ratio of 206.37, a PEG ratio of 3.35 and a beta of 1.64. Palantir Technologies has a 12-month low of $66.12 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share 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 for 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 business’s quarterly revenue was up 70.0% compared to the same quarter last year. On average, sell-side analysts predict that Palantir Technologies will post 0.31 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider owned 592 shares in the company, valued at approximately $97,082.08. This represents a 99.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ryan D. Taylor sold 36,048 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the sale, the insider directly owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,023,844 shares of company stock worth $167,455,085. Insiders own 9.23% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

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

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results and lifted guidance — Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS estimates and issued 2026 guidance above Street expectations, which underpinned recent buy‑side momentum. Earnings coverage
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms (HSBC, William Blair, Northland, Deutsche Bank and others) raised ratings or price targets after the quarter, giving near‑term buy signals and institutional support. Analyst coverage
• Positive Sentiment: Commercial momentum and partnerships — Management highlighted accelerating U.S. commercial revenue and record large‑deal closings; Palantir also announced a partnership with Cognizant to deploy Foundry/AIP into healthcare and enterprise workflows. Cognizant partnership
• Neutral Sentiment: Research estimate updates — Firms like Northland published updated multi‑quarter EPS/target models (Outperform/$190), useful for modeling but not universally decisive. Northland note
• Neutral Sentiment: Minor insider selling disclosed — A director sold 400 shares (additional past small sales exist); the sizes disclosed are modest but worth monitoring for trend changes in insider activity. SEC filing
• Negative Sentiment: Valuation friction — Commentators and some analysts warn Palantir’s multiples remain very high (forward and trailing P/Es), creating vulnerability to mean reversion despite rapid growth. Contrarian view
• Negative Sentiment: AI sector pullback and profit‑taking — A broader rotation away from high‑beta AI winners and short‑term profit taking trimmed gains; that dynamic amplified selling after the post‑earnings run. Sector weakness
• Negative Sentiment: Some sell‑side caution — A few firms (e.g., DA Davidson) trimmed near‑term expectations or flagged the need for sustained execution versus lofty consensus, adding pressure amid volatile volume. DA Davidson note

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.