Brokerages Set Palantir Technologies Inc. (NASDAQ:PLTR) Target Price at $189.88

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) have earned an average recommendation of “Moderate Buy” from the thirty-five brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $189.8846.

A number of brokerages have recently commented on PLTR. Phillip Securities upped their price target on Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. UBS Group raised Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday, June 16th. Wedbush started coverage on Palantir Technologies in a research note on Tuesday, June 16th. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a report on Friday, July 24th. Finally, DZ Bank began coverage on shares of Palantir Technologies in a research report on Thursday, April 23rd. They set a “buy” rating and a $175.00 target price for the company.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total value of $4,550,000.00. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $83,562,180. The trade was a 5.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $160.00, for a total transaction of $255,680.00. Following the sale, the director directly owned 55,022 shares in the company, valued at $8,803,520. The trade was a 2.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,112,270 shares of company stock valued at $150,247,785. Corporate insiders own 9.53% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

A number of large investors have recently made changes to their positions in PLTR. Beaumont Financial Advisors LLC increased its stake in shares of Palantir Technologies by 2.0% during the fourth quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock valued at $527,000 after acquiring an additional 59 shares during the period. Transcend Capital Advisors LLC raised its holdings in Palantir Technologies by 0.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock worth $1,890,000 after purchasing an additional 60 shares in the last quarter. Monument Capital Management lifted its position in Palantir Technologies by 1.2% in the fourth quarter. Monument Capital Management now owns 5,341 shares of the company’s stock worth $949,000 after purchasing an additional 63 shares during the period. San Luis Wealth Advisors LLC lifted its position in Palantir Technologies by 1.6% in the fourth quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company’s stock worth $726,000 after purchasing an additional 63 shares during the period. Finally, CYBER HORNET ETFs LLC boosted its stake in Palantir Technologies by 1.2% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after purchasing an additional 65 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Palantir Technologies News Roundup

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

• Positive Sentiment: Analysts remain constructive ahead of earnings. Rosenblatt reaffirmed a “buy” rating and a $225 price target, implying substantial upside from recent levels. The bullish case centers on accelerating U.S. commercial sales, larger AI contracts and continued customer momentum. Rosenblatt rating and price target
• Positive Sentiment: Expectations for Q2 remain strong, with analysts anticipating roughly 80% year-over-year revenue growth. Palantir is also expected to pursue another quarter of revenue acceleration. Its prior quarter produced $1.63 billion of revenue, up 84.7%, and management raised full-year revenue guidance to approximately $7.65 billion-$7.66 billion. Palantir Q2 earnings outlook
• Neutral Sentiment: Palantir’s earnings report is becoming a binary catalyst. Investors are focused on U.S. commercial growth, international performance, new contract activity and whether management raises guidance. Options markets are pricing in a potentially large post-earnings move. Palantir options outlook
• Neutral Sentiment: Chief Executive Alex Karp warned that AI’s risks could eventually require regulation. The comments reinforce Palantir’s focus on trusted, government-oriented AI, but also highlight the possibility of regulatory constraints across the industry. Alex Karp AI regulation comments
• Negative Sentiment: Valuation remains the central concern. Commentators note that PLTR trades at roughly 100-plus times forward earnings despite a sharp pullback, meaning another earnings beat may not be enough unless growth and guidance clearly exceed already-high expectations. Palantir valuation and earnings setup
• Negative Sentiment: Bears argue that AI spending could slow, customers could develop competing tools internally, and Palantir’s growth may not outpace its valuation. Broader concern about an AI infrastructure or SaaS spending bubble is adding pressure to high-multiple software stocks. Palantir AI competition risks
• Negative Sentiment: France’s reported move to replace Palantir with domestic provider ChapsVision raises concerns about European government-contract growth and the broader trend toward digital sovereignty. Palantir and France

Palantir Technologies Trading Down 0.6%

NASDAQ:PLTR opened at $122.26 on Tuesday. The stock has a market capitalization of $293.10 billion, a PE ratio of 137.37, a price-to-earnings-growth ratio of 1.97 and a beta of 1.56. The firm’s 50 day moving average is $130.66 and its 200 day moving average is $140.81. Palantir Technologies has a 12 month low of $106.37 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating 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 business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the company earned $0.13 earnings per share. Palantir Technologies’s revenue was up 84.7% compared to the same quarter last year. Research analysts predict that Palantir Technologies will post 1.17 earnings per share 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.