
Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) – Investment analysts at William Blair boosted their FY2026 earnings estimates for shares of Palantir Technologies in a research note issued to investors on Tuesday, November 4th. William Blair analyst L. Dipalma now anticipates that the company will post earnings per share of $1.09 for the year, up from their previous forecast of $0.68. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.31 per share.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.10 EPS. Palantir Technologies has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.
Read Our Latest Research Report on Palantir Technologies
Palantir Technologies Stock Down 2.9%
Shares of PLTR traded down $5.13 during trading hours on Friday, reaching $169.92. 33,853,608 shares of the company traded hands, compared to its average volume of 83,166,703. The business has a fifty day moving average price of $177.31 and a 200-day moving average price of $153.08. Palantir Technologies has a 12-month low of $55.30 and a 12-month high of $207.52. The stock has a market capitalization of $403.11 billion, a P/E ratio of 404.57, a P/E/G ratio of 7.67 and a beta of 2.63.
Institutional Investors Weigh In On Palantir Technologies
A number of institutional investors have recently added to or reduced their stakes in PLTR. Financial Consulate Inc. acquired a new stake in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Retirement Wealth Solutions LLC acquired a new position in Palantir Technologies during the third quarter worth $31,000. Flagship Wealth Advisors LLC purchased a new stake in Palantir Technologies in the 3rd quarter valued at $32,000. Signature Resources Capital Management LLC acquired a new stake in shares of Palantir Technologies in the 2nd quarter worth $25,000. Finally, Marquette Asset Management LLC purchased a new position in shares of Palantir Technologies during the 3rd quarter worth $34,000. Institutional investors and hedge funds own 45.65% of the company’s stock.
Insider Buying and Selling
In other Palantir Technologies news, insider Alexander C. Karp sold 222,878 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $151.37, for a total transaction of $33,737,042.86. Following the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $973,650,893.46. This represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 375,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $151.20, for a total value of $56,700,000.00. Following the completion of the sale, the insider owned 702,786 shares of the company’s stock, valued at $106,261,243.20. This trade represents a 34.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,527,750 shares of company stock valued at $234,463,896 in the last ninety days. Company insiders own 9.23% of the company’s stock.
Palantir Technologies Company Profile
Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.
Featured Articles
- Five stocks we like better than Palantir Technologies
- How to Effectively Use the MarketBeat Ratings Screener
- Netflix Stock Split Explained: What It Means for Investors
- How to Find Undervalued Stocks
- SoundHound Beat Earnings & Dropped—Here’s What Wall Street Missed
- Bank Stocks – Best Bank Stocks to Invest In
- AI Trade Over? Datadog Results Say It’s Gaining Momentum
Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
