Palantir Technologies (NASDAQ:PLTR) Releases Earnings Results, Beats Estimates By $0.06 EPS

Palantir Technologies (NASDAQ:PLTR) released its earnings results on Monday. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06, FiscalAI reports. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.

Palantir Technologies Stock Up 2.1%

PLTR traded up $2.59 during trading hours on Monday, hitting $125.65. The stock had a trading volume of 55,989,478 shares, compared to its average volume of 45,803,852. The company’s fifty day simple moving average is $130.38 and its 200 day simple moving average is $140.41. Palantir Technologies has a 1 year low of $106.37 and a 1 year high of $207.52. The stock has a market cap of $301.22 billion, a PE ratio of 141.18, a price-to-earnings-growth ratio of 1.97 and a beta of 1.56.

Wall Street Analysts Forecast Growth

PLTR has been the topic of several research analyst reports. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wedbush assumed coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an “outperform” rating on the stock. Wolfe Research upgraded shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, June 16th. Citigroup decreased their price objective on shares of Palantir Technologies from $225.00 to $200.00 and set a “buy” rating for the company in a report on Friday, July 24th. Finally, DZ Bank started coverage on shares of Palantir Technologies in a research report on Thursday, April 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $189.88.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 319,934 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $80,535.68. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total transaction of $4,550,000.00. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $83,562,180. The trade was a 5.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,112,270 shares of company stock valued at $150,247,785. Insiders own 9.53% of the company’s stock.

Institutional Investors Weigh In On Palantir Technologies

Several institutional investors have recently made changes to their positions in PLTR. State Street Corp lifted its holdings 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 worth $18,471,648,000 after acquiring an additional 6,777,771 shares during the last quarter. Amundi boosted its position in Palantir Technologies by 38.7% during the third quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after buying an additional 4,373,201 shares during the period. Wellington Management Group LLP grew its stake in shares of 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 last quarter. AQR Capital Management LLC grew its stake in shares of Palantir Technologies by 83.1% during the third quarter. AQR Capital Management LLC now owns 4,902,606 shares of the company’s stock valued at $894,333,000 after buying an additional 2,224,328 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in shares of Palantir Technologies by 103.2% in the third quarter. Voloridge Investment Management LLC now owns 1,971,279 shares of the company’s stock worth $359,601,000 after buying an additional 1,001,380 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Defense-automation partnership: Palantir announced a strategic agreement with Mercury Systems (NASDAQ: MRCY) to automate material planning and factory operations, potentially accelerating production of processing technologies for U.S. military programs. The deal reinforces Palantir’s exposure to government and defense demand. Mercury Partners with Palantir to Enhance Factory Automation and Accelerate Production Timelines
• Positive Sentiment: Expectations for another beat: Analysts are looking for approximately $0.35 in quarterly EPS and $1.81 billion in revenue. Prediction-market odds have pointed to a high probability of an earnings beat, while some analysts see substantial upside if Palantir delivers strong commercial growth and raises its outlook. Palantir Gears Up for Q2 Earnings
• Positive Sentiment: Technical and institutional support: Reports cite a possible technical support level, a bullish “hammer” pattern and upward earnings-estimate revisions. Oppenheimer and other analysts have also highlighted signs that institutions may be returning to the stock. Palantir Could Find Support
• Neutral Sentiment: Large earnings-related volatility is likely: Options activity indicates traders expect a significant post-earnings move. Investors will be watching revenue growth, commercial customer additions, margins, remaining deal value and full-year guidance—not merely whether EPS beats estimates. Expected Earnings Move
• Negative Sentiment: Valuation leaves little room for disappointment: Palantir’s premium multiple means the market is demanding both a beat and higher guidance. Analysts remain divided over commercial demand, competition from AI companies and whether exceptional growth is already reflected in the shares. Palantir’s Premium Valuation
• Negative Sentiment: Additional overhangs: Coverage points to scrutiny surrounding a new NHS data-platform contract and intensifying competition. A weaker outlook or cautious comments from CEO Alex Karp could therefore outweigh a headline earnings beat. Palantir Stock and NHS Contract Scrutiny

Palantir Technologies Company Profile

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.