Robert W. Baird Upgrades Palantir Technologies (NASDAQ:PLTR) to “Outperform”

Palantir Technologies (NASDAQ:PLTR) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday. The firm currently has a $200.00 target price on the stock. Robert W. Baird’s price objective would indicate a potential upside of 35.17% from the stock’s previous close.

PLTR has been the subject of several other reports. Northland Securities boosted their target price on Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Royal Bank Of Canada boosted their price objective on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. Mizuho upped their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, Phillip Securities assumed coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $185.89.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $147.96 on Tuesday. The company has a market capitalization of $352.65 billion, a PE ratio of 352.29, a price-to-earnings-growth ratio of 3.69 and a beta of 1.54. Palantir Technologies has a 1 year low of $66.12 and a 1 year high of $207.52. The business has a fifty day moving average price of $175.84 and a two-hundred day moving average price of $173.70.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the firm posted $0.14 EPS. Palantir Technologies’s revenue was up 70.0% on a year-over-year basis. Sell-side analysts anticipate that Palantir Technologies will post 0.31 earnings per share for the current year.

Insider Transactions at Palantir Technologies

In related news, insider Ryan D. Taylor sold 12,000 shares of the business’s 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 transaction, the insider owned 239,409 shares in the company, valued at $43,416,822.15. The trade was a 4.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shyam Sankar sold 19,004 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. Insiders own 9.23% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Palantir Technologies during the 2nd quarter valued at about $3,307,457,000. Vanguard Group Inc. grew its holdings in shares of Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after acquiring an additional 8,168,604 shares during the period. State Street Corp increased its position in shares of Palantir Technologies by 7.2% during the 3rd 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. Amundi lifted its stake in shares of Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. Finally, Wellington Management Group LLP grew its position in Palantir Technologies by 228.0% during the third quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock valued at $945,403,000 after buying an additional 3,602,471 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies News Roundup

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

• Positive Sentiment: Q4 beat and very strong guidance — Palantir topped EPS and revenue forecasts, reported 70% YoY revenue growth and issued FY?2026 revenue guidance that materially exceeded consensus, underpinning the post?earnings rally. BusinessWire: Palantir Reports Q4 2025…
• Positive Sentiment: Wall Street upgrades and higher price targets — Several firms (Citi, William Blair, Baird and others) have raised ratings/targets (Citi to $235, William Blair to Outperform/$200), lending technical and sentiment support. TipRanks: Citi $235 PT
• Positive Sentiment: AI and defense demand accelerating monetization — Management says growth was driven more by existing customers spending materially more (notably U.S. commercial and government clients), amplifying revenue leverage from AI adoption. Benzinga: Existing clients spending more
• Positive Sentiment: Market reaction broadens — Palantir’s results lifted Nasdaq futures and helped equity sentiment across tech and AI names, supporting further upside in early trading. Barchart: Nasdaq Futures Climb
• Neutral Sentiment: Analyst and market split remains — Despite upgrades, broker consensus (some “Hold”s remain) and mixed views on valuation mean follow?through depends on execution of 2026 targets. American Banking News: Consensus Hold
• Negative Sentiment: Valuation and downside warnings — PLTR still trades at a stretched multiple (high P/E) and some firms (RBC, others) have issued stark downside scenarios, flagging risk if growth/guide execution slips. TipRanks: RBC warning
• Negative Sentiment: Reputational/government scrutiny and CEO comments — CEO remarks defending certain government work keep regulatory and political risk in play, which can pressure multiples for government?exposed names. CNBC: CEO comments on protests

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.