Analysts Set Palantir Technologies Inc. (NASDAQ:PLTR) Price Target at $195.16

Palantir Technologies Inc. (NASDAQ:PLTR) has earned a consensus recommendation of “Moderate Buy” from the thirty-one research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $195.16.

A number of research analysts have recently issued reports on the stock. Citigroup raised their price target on shares of Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wedbush restated an “outperform” rating and issued a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, May 5th. Rosenblatt Securities raised their price target on shares of Palantir Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, The Goldman Sachs Group reduced their price target on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd.

Palantir Technologies Price Performance

PLTR opened at $135.14 on Thursday. The stock has a market capitalization of $323.97 billion, a PE ratio of 151.84, a P/E/G ratio of 2.13 and a beta of 1.52. Palantir Technologies has a 12-month low of $118.93 and a 12-month high of $207.52. The firm’s fifty day moving average price is $144.27 and its 200 day moving average price is $159.20.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the firm posted $0.13 EPS. The company’s revenue for the quarter was up 84.7% on a year-over-year basis. On average, equities research analysts forecast that Palantir Technologies will post 1.18 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: PLTR rose after renewed optimism in the software/AI trade, with one report tying the move to strong Cisco earnings and an improved revenue outlook that lifted sentiment across the sector. Why Palantir Technologies (PLTR) Stock Is Up Today
• Positive Sentiment: Investor chatter continues to highlight Palantir’s strong Q1 results, including roughly 85% revenue growth and raised full-year guidance, reinforcing the view that demand for its AI and government software remains strong. Palantir Technologies Stock (PLTR) Opinions on Recent Earnings and Analyst Upgrades
• Positive Sentiment: Several commentary pieces argue that Palantir could have more upside if it keeps executing, while bullish analyst targets in the $190-$230 range support the narrative that institutional expectations remain high. Prediction: This Will Be Palantir’s Stock Price by 2030
• Neutral Sentiment: Multiple articles focus on Palantir as a long-term AI winner or “hidden gem,” but these are largely opinion pieces rather than new business developments. Palantir: A Risky Investment or a Hidden Gem?
• Neutral Sentiment: Coverage around President Trump’s reported Palantir purchases has added attention to the stock, but the market may be viewing it more as a headline-driven sentiment boost than a fundamental change. Trump’s Palantir Share Purchase Puts Governance And Valuation In Focus
• Negative Sentiment: Some commentary continues to warn that PLTR’s valuation is stretched and that the stock needs sustained rapid growth to justify its price, which could limit upside or trigger pullbacks on any slowdown. Where Could Palantir Be in 10 Years? The Bull and Bear Cases.
• Negative Sentiment: Governance concerns have also surfaced after reports that a sitting U.S. president bought PLTR shares before publicly praising the company, raising questions about disclosure and conflicts of interest. Trump’s Palantir Share Purchase Puts Governance And Valuation In Focus

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 168,004 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This trade represents a 20.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,029,479 shares of company stock worth $137,685,797. 9.53% of the stock is owned by company insiders.

Institutional Trading of Palantir Technologies

A number of large investors have recently modified their holdings of the company. Janus Henderson Group PLC increased its holdings in shares of Palantir Technologies by 795.6% in the 1st quarter. Janus Henderson Group PLC now owns 3,323,141 shares of the company’s stock worth $480,247,000 after acquiring an additional 2,952,079 shares during the period. Cim LLC increased its stake in Palantir Technologies by 3.8% during the 1st quarter. Cim LLC now owns 17,012 shares of the company’s stock valued at $2,489,000 after buying an additional 629 shares during the period. Oddo BHF Asset Management Sas increased its stake in Palantir Technologies by 104.3% during the 1st quarter. Oddo BHF Asset Management Sas now owns 116,489 shares of the company’s stock valued at $17,040,000 after buying an additional 59,457 shares during the period. Bull Harbor Capital LLC acquired a new position in Palantir Technologies during the 1st quarter valued at about $1,628,000. Finally, Strategic Investment Advisors MI increased its stake in Palantir Technologies by 2.9% during the 1st quarter. Strategic Investment Advisors MI now owns 8,545 shares of the company’s stock valued at $1,250,000 after buying an additional 242 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

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.