Palantir Technologies (NASDAQ:PLTR) Stock Price Down 1.3% – Should You Sell?

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) traded down 1.3% on Monday . The company traded as low as $167.33 and last traded at $167.47. 22,587,352 shares were traded during mid-day trading, a decline of 41% from the average session volume of 38,240,441 shares. The stock had previously closed at $169.60.

Palantir Technologies News Roundup

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

• Positive Sentiment: Bank of America named PLTR a top conviction buy for 2026, citing accelerating AI-driven revenue growth and expanding margins — a vote of confidence that can support demand for the stock. Bank of America bullish note
• Positive Sentiment: HD Hyundai expanded its partnership with Palantir, increasing enterprise adoption of Foundry and the AIP platform — a tangible commercial win that supports future revenue upside. HD Hyundai partnership
• Positive Sentiment: High?profile bullish commentary (e.g., Jim Cramer) reinforces retail investor interest and can help cushion weakness during short?term pullbacks. Jim Cramer endorsement
• Neutral Sentiment: Palantir is expected to report earnings soon, creating a near?term event risk/reward — results and guide will likely drive the next directional move. Earnings expected
• Neutral Sentiment: Multiple analyst and media pieces debate whether to buy/hold/sell given the stock’s strong run and elevated valuation; these cross?cuts keep volatility high as investors reassess upside vs. risk. Buy, sell, or hold debate
• Neutral Sentiment: Comparisons with other AI names (SMCI and peers) elevate relative valuation discussions ahead of earnings, keeping some investors on the sidelines. PLTR vs SMCI comparison
• Negative Sentiment: Fortune reports alleged use of Palantir tools by ICE to track Medicaid data for arrests — a major reputational and policy risk that could trigger government scrutiny, contract fallout, or client pushback in privacy?sensitive markets. Fortune ICE/Medicaid story
• Negative Sentiment: Wall Street pieces saying other AI stocks could “trounce” Palantir and notes about difficult calls from analysts underline concerns that PLTR’s premium P/E leaves it exposed if growth disappoints. Competitive pressure/valuation concerns
• Negative Sentiment: Analysts and commentators flag that PLTR’s high valuation and choppy post?earnings trading make it a tougher short?term call — a backdrop that can amplify declines if sentiment shifts. Analyst caution

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PLTR. Mizuho increased their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Weiss Ratings downgraded shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Morgan Stanley lifted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 4th. Finally, Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $184.07.

Palantir Technologies Stock Down 1.3%

The firm has a market capitalization of $399.15 billion, a price-to-earnings ratio of 398.75, a PEG ratio of 4.27 and a beta of 1.54. The stock’s 50-day moving average price is $176.64 and its 200 day moving average price is $173.35.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter last year, the firm earned $0.10 earnings per share. The business’s revenue for the quarter was up 62.8% on a year-over-year basis. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Transactions at Palantir Technologies

In other news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the completion of the sale, the director owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This represents a 5.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the sale, the insider directly owned 239,409 shares in the company, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,023,444 shares of company stock valued at $167,394,629 in the last three months. 12.93% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after buying an additional 8,168,604 shares during the last quarter. State Street Corp raised its stake in shares of Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares during the period. Norges Bank acquired a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $3,307,457,000. Invesco Ltd. boosted its position in shares of Palantir Technologies by 5.9% during the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock worth $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. Finally, Northern Trust Corp increased its holdings in Palantir Technologies by 3.8% in the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock valued at $3,846,957,000 after purchasing an additional 769,238 shares during the last quarter. 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.