FY2026 EPS Estimates for PLTR Increased by Analyst

Palantir Technologies Inc. (NASDAQ:PLTR) – Equities researchers at Northland Securities raised their FY2026 earnings per share (EPS) estimates for Palantir Technologies in a note issued to investors on Tuesday, August 4th. Northland Securities analyst M. Latimore now anticipates that the company will earn $1.24 per share for the year, up from their previous estimate of $1.08. The consensus estimate for Palantir Technologies’ current full-year earnings is $1.21 per share. Northland Securities also issued estimates for Palantir Technologies’ Q2 2027 earnings at $0.35 EPS, Q4 2027 earnings at $0.46 EPS and FY2027 earnings at $1.53 EPS.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s quarterly revenue was up 92.8% on a year-over-year basis.

Several other research analysts also recently weighed in on PLTR. Jefferies Financial Group restated an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a report on Tuesday. Royal Bank Of Canada reissued an “underperform” rating and set a $90.00 target price on shares of Palantir Technologies in a research report on Friday, July 31st. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a report on Tuesday. Mizuho raised their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, UBS Group raised shares of Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.73.

Palantir Technologies Trading Down 1.6%

NASDAQ PLTR opened at $155.92 on Friday. The company has a fifty day simple moving average of $131.45 and a 200 day simple moving average of $139.69. Palantir Technologies has a 12-month low of $106.37 and a 12-month high of $207.52. The company has a market cap of $373.79 billion, a P/E ratio of 133.26, a PEG ratio of 2.42 and a beta of 1.59.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PLTR. Roman Butler Fullerton & Co. grew its stake in Palantir Technologies by 19.4% in the 2nd quarter. Roman Butler Fullerton & Co. now owns 5,764 shares of the company’s stock valued at $672,000 after purchasing an additional 935 shares during the period. Simplicity Wealth LLC raised its stake in shares of Palantir Technologies by 79.3% during the 2nd quarter. Simplicity Wealth LLC now owns 49,910 shares of the company’s stock worth $5,823,000 after purchasing an additional 22,072 shares during the period. Wealth Effects LLC boosted its holdings in shares of Palantir Technologies by 142.4% in the 2nd quarter. Wealth Effects LLC now owns 4,329 shares of the company’s stock worth $505,000 after buying an additional 2,543 shares during the last quarter. Trivium Point Advisory LLC boosted its holdings in shares of Palantir Technologies by 152.5% in the 2nd quarter. Trivium Point Advisory LLC now owns 11,347 shares of the company’s stock worth $1,324,000 after buying an additional 6,853 shares during the last quarter. Finally, N.E.W. Advisory Services LLC grew its position in Palantir Technologies by 0.6% during the second quarter. N.E.W. Advisory Services LLC now owns 25,058 shares of the company’s stock valued at $2,924,000 after buying an additional 161 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider owned 60,226 shares in the company, valued at $7,757,108.80. The trade was a 2.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This represents a 5.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 1,112,270 shares of company stock worth $150,247,785. Company insiders own 9.53% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Blowout earnings and higher guidance remain the main bullish catalyst. Palantir reported second-quarter revenue of approximately $1.94 billion, up 93% year over year and ahead of the $1.81 billion consensus estimate. U.S. commercial revenue surged 149%, while government revenue rose 90%. The company also raised its full-year revenue, profit and cash-flow outlook, reinforcing expectations for continued AI demand and accelerating growth. Palantir Just Reported a Blowout Quarter and Raised Its Guidance
• Positive Sentiment: Analyst earnings estimates are moving higher. Northland Securities raised its forecasts for several upcoming quarters, including Q3 2026 EPS to $0.30 from $0.27 and Q4 2026 EPS to $0.35 from $0.29. Piper Sandler also assigned an “Overweight” rating, while other analysts said the results make a potential return to $200 more plausible. Palantir Earns Overweight Rating from Piper Sandler
• Positive Sentiment: Founder and investor confidence provides a supportive signal. Peter Thiel continues to own roughly 3% of Palantir, a stake valued at more than $10 billion, suggesting continued conviction in the company’s long-term growth prospects. Peter Thiel Still Owns Roughly 3% of Palantir

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.