Palantir Technologies (NASDAQ:PLTR) Trading Up 1.8% on Analyst Upgrade

Palantir Technologies Inc. (NASDAQ:PLTR)’s share price was up 1.8% 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. Approximately 59,280,359 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 51,380,035 shares. The stock had previously closed at $133.02.

A number of other brokerages have also issued reports on PLTR. Royal Bank Of Canada lifted their target price on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. Argus raised shares of Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Tuesday, February 3rd. Freedom Capital raised shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $191.05.

Insider Activity

In related news, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the transaction, the insider owned 239,409 shares in the company, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares in the company, valued at $7,409,430. This represents a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,023,844 shares of company stock valued at $167,455,085. 9.23% of the stock is owned by corporate insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Mizuho and other firms upgraded Palantir, citing its AI positioning and commercial momentum — upgrades support upside analyst targets and helped lift sentiment. Analyst Upgrade/Barron’s
• Positive Sentiment: Rackspace announced a strategic partnership to host and deploy Palantir Foundry and AIP (managed operations, private/sovereign cloud options). That deal can accelerate enterprise AIP deployments and sales adoption in regulated industries. Rackspace Partnership
• Positive Sentiment: Palantir’s latest quarterly results beat estimates (strong revenue growth and FCF), and commentators point to continued AI-commercial momentum as a reason for renewed bullishness. Positive earnings momentum is a core driver of the stock move. Earnings/Wall Street Reaction
• Positive Sentiment: Unusual large out‑of‑the‑money put options activity was flagged by options scribes as a potential contrarian signal that the pullback may be near a bottom — traders interpret this as a bullish technical/order‑flow sign. Put Options Activity
• Neutral Sentiment: Palantir relocated its headquarters from Denver to Miami; investors note potential tax/regulatory benefits, but the move is unlikely to materially change near‑term fundamentals. HQ Move/CNBC
• Neutral Sentiment: Analyst and media debate persists over valuation versus execution — coverage shows wide target dispersion, so short‑term price swings may reflect changing sentiment more than fundamentals. Valuation Discussion
• Negative Sentiment: High‑profile bears — notably Michael Burry — continue to publicly challenge Palantir’s valuation and moat; Burry’s commentary and put positions amplify downside narratives and can pressure sentiment. Michael Burry / CEO Travel Story
• Negative Sentiment: Extensive insider selling and headlines about concentrated insider dispositions have raised governance/valuation concerns for some investors — a potential drag if selling continues. Insider Selling / QuiverQuant

Institutional Investors Weigh In On Palantir Technologies

Hedge funds have recently added to or reduced their stakes in the business. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies during the 2nd quarter worth about $27,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies during the second quarter worth approximately $27,000. Bare Financial Services Inc boosted its holdings in shares of Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the period. Delos Wealth Advisors LLC acquired a new position in shares of Palantir Technologies in the second quarter valued at approximately $29,000. Finally, Basepoint Wealth LLC bought a new position in shares of Palantir Technologies during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

The company has a fifty day moving average of $167.95 and a two-hundred day moving average of $172.28. The firm has a market capitalization of $322.67 billion, a price-to-earnings ratio of 214.89, a PEG ratio of 2.53 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data 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 return on equity of 23.81% and a net margin of 36.31%.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 prior year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. Equities analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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.