Palantir Technologies (NASDAQ:PLTR) Stock Price Up 5.2% – Time to Buy?

Palantir Technologies Inc. (NASDAQ:PLTR) traded up 5.2% on Monday . The stock traded as high as $145.87 and last traded at $142.91. 57,243,757 shares were traded during mid-day trading, an increase of 15% from the average session volume of 49,802,074 shares. The stock had previously closed at $135.90.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Management is guiding to very strong growth (a 61% revenue growth target for 2026) and Palantir keeps beating estimates, which supports the rally and re-rating into AI names. As Palantir Bets on 61% Revenue Growth in 2026
• Positive Sentiment: Investors are rotating back into software/AI plays, helping PLTR recover after recent weakness; several outlets highlight today’s move as part of a broader tech rebound. Why Palantir (PLTR) Stock Is Up Today
• Positive Sentiment: Palantir announced a partnership with Cognizant to accelerate AI-driven healthcare modernization, a tangible commercial expansion that can drive enterprise adoption of Foundry/AIP. Palantir Cognizant healthcare partnership
• Neutral Sentiment: Coverage pieces and sector roundups (Zacks, MarketBeat) put PLTR on lists of notable software/earnings winners, keeping it on investors’ watchlists but not changing the valuation debate. 5 Top Software Stocks Investors Can Buy Now
• Neutral Sentiment: Analysis pieces compare Palantir to other AI leaders (e.g., Nvidia); these frame PLTR as an important AI play but focus on different risk/reward profiles rather than a clear buy/sell signal. Better AI Stock to Buy Now: Palantir or Nvidia?
• Negative Sentiment: Forbes briefly pulled and then reposted a profile with negative commentary about Palantir’s contracts with ICE — a reputational/legal risk that can attract regulatory and activist attention. Forbes temporarily pulls Palantir profile — allegedly over ICE contracts
• Negative Sentiment: Several analysts and long-form pieces warn PLTR remains richly valued and vulnerable to large drawdowns despite strong growth — some argue the stock’s upside is priced for perfection. Here’s Why I Wouldn’t Touch Palantir Stock
• Negative Sentiment: Historical volatility and bear-case analyses suggest a potential for much larger declines from highs, and some analysts recommend selling into strength or choosing alternative AI names. AI Superstar Palantir Has Plunged 37%

Wall Street Analyst Weigh In

A number of analysts recently commented on PLTR shares. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Royal Bank Of Canada lifted their target price on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 4th. Mizuho set a $195.00 target price on Palantir Technologies in a research report on Tuesday, February 3rd. Truist Financial began coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price on the stock. Finally, Citigroup lifted their target price on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Eleven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Palantir Technologies has a consensus rating of “Hold” and an average target price of $191.95.

Palantir Technologies Stock Performance

The firm has a fifty day moving average of $173.84 and a 200-day moving average of $173.38. The firm has a market cap of $340.69 billion, a P/E ratio of 230.34, a P/E/G ratio of 2.61 and a beta of 1.64.

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

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 19,004 shares of Palantir Technologies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the sale, the insider directly owned 642,786 shares in the company, valued at $100,435,312.50. This trade represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction on Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the sale, the insider directly owned 413,639 shares of the company’s stock, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,023,844 shares of company stock worth $167,455,085 over the last quarter. Corporate insiders own 12.93% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares during the last quarter. State Street Corp grew its position in shares of Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Geode Capital Management LLC grew its holdings in Palantir Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after buying an additional 805,047 shares in the last quarter. Norges Bank acquired a new position in shares of Palantir Technologies in the second quarter valued at about $3,307,457,000. Finally, Invesco Ltd. increased its holdings in shares of Palantir Technologies by 5.9% during the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock worth $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

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.