Palantir Technologies (NASDAQ:PLTR) Upgraded to “Buy” at President Capital

Palantir Technologies (NASDAQ:PLTR) was upgraded by analysts at President Capital from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday,MarketScreener reports. The firm presently has a $133.00 price objective on the stock, up from their prior price objective of $25.50. President Capital’s price target points to a potential upside of 17.77% from the company’s current price.

PLTR has been the topic of several other research reports. HSBC downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $205.00 to $151.00 in a research report on Friday, May 1st. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a research report on Wednesday, May 6th. BTIG Research downgraded shares of Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Wolfe Research raised Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, June 16th. Finally, Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $190.46.

Palantir Technologies Stock Performance

Shares of PLTR opened at $112.93 on Monday. The stock has a fifty day moving average price of $135.96 and a two-hundred day moving average price of $150.22. Palantir Technologies has a 52-week low of $106.37 and a 52-week high of $207.52. The company has a market cap of $270.73 billion, a price-to-earnings ratio of 126.89, a PEG ratio of 1.82 and a beta of 1.53.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the business earned $0.13 earnings per share. The business’s revenue for the quarter was up 84.7% on a year-over-year basis. As a group, research analysts predict that Palantir Technologies will post 1.16 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 165,514 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $87,444,607.44. This represents a 20.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. The trade was a 5.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 927,270 shares of company stock valued at $126,197,785 in the last ninety days. 9.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently modified their holdings of the business. Beaumont Financial Advisors LLC lifted its position in shares of Palantir Technologies by 2.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock worth $527,000 after purchasing an additional 59 shares during the period. Transcend Capital Advisors LLC grew its position in Palantir Technologies by 0.6% in the 4th quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,890,000 after purchasing an additional 60 shares during the period. Sandbox Financial Partners LLC grew its position in Palantir Technologies by 1.3% in the 4th quarter. Sandbox Financial Partners LLC now owns 4,911 shares of the company’s stock valued at $873,000 after purchasing an additional 61 shares during the period. San Luis Wealth Advisors LLC increased its stake in Palantir Technologies by 1.6% during the 4th quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company’s stock valued at $726,000 after purchasing an additional 63 shares in the last quarter. Finally, Monument Capital Management raised its holdings in Palantir Technologies by 1.2% during the fourth quarter. Monument Capital Management now owns 5,341 shares of the company’s stock worth $949,000 after buying an additional 63 shares during 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: Palantir announced a new AI partnership with Nvidia to deploy open models in sovereign environments, potentially expanding adoption with U.S. government agencies and critical infrastructure customers. Palantir Launches Engine for Deploying NVIDIA Nemotron Open Models in Sovereign Environments
• Positive Sentiment: Palantir also expanded its partnership with Surf Air Mobility to accelerate commercialization of its software products, adding another commercial growth angle. Palantir and Surf Air Mobility Expand Partnership
• Positive Sentiment: Recent coverage highlighted Palantir’s role as the U.S. Army’s data backbone for the Next Generation Command and Control program, reinforcing its government AI credentials. Palantir (PLTR) Wins Key Army Role As Europe Contracts Slip
• Neutral Sentiment: Some articles pointed to broader bullish sentiment around defense, counterdrone, and AI demand, which may support the stock but do not appear to be direct company-specific catalysts. Laser weapons aren’t science fiction anymore — and they’re changing how defense stocks are valued
• Negative Sentiment: Investor concern remains around valuation and insider selling, including reports that Citadel’s Ken Griffin cut its Palantir stake, which can weigh on sentiment even amid positive business news. Citadel’s Ken Griffin Dumps 40% of Palantir (PLTR) Holdings — Time to Follow Suit?

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.