Palantir Technologies (NASDAQ:PLTR) Given Buy Rating at Rosenblatt Securities

Palantir Technologies (NASDAQ:PLTR)‘s stock had its “buy” rating reiterated by research analysts at Rosenblatt Securities in a report issued on Wednesday, Benzinga reports. They currently have a $225.00 target price on the stock. Rosenblatt Securities’ price target points to a potential upside of 21.63% from the company’s current price.

Several other analysts also recently commented on the company. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 4th. Oppenheimer cut shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. DA Davidson lifted their price target on Palantir Technologies from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, September 11th. Mizuho lifted their target price on Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus price target of $195.33.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $184.99 on Wednesday. The stock has a market cap of $444.54 billion, a P/E ratio of 158.11, a P/E/G ratio of 2.59 and a beta of 1.62. The firm has a 50 day moving average price of $161.29 and a 200 day moving average price of $146.72. Palantir Technologies has a 52-week low of $106.37 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s quarterly revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. Analysts predict that Palantir Technologies will post 1.27 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Shyam Sankar sold 150,000 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 $19,500,000.00. Following the completion of the transaction, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 720,027 shares of company stock valued at $116,879,340 over the last three months. Corporate insiders own 9.53% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its stake in Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock valued at $22,146,030,000 after buying an additional 757,322 shares during the last quarter. State Street Corp lifted its holdings in Palantir Technologies by 2.8% during the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock worth $12,190,903,000 after purchasing an additional 2,863,874 shares during the last quarter. Geode Capital Management LLC grew its holdings in Palantir Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after buying an additional 805,047 shares in the last quarter. Norges Bank bought a new position in Palantir Technologies during the 4th quarter worth $5,149,641,000. Finally, Invesco Ltd. increased its position in Palantir Technologies by 2.8% during the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after buying an additional 616,297 shares during the period. 45.65% of the stock is owned by institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: New commercial use of Palantir software: Surf Air Mobility appointed Barrett Brown to lead SurfOS, its AI-enabled operating system powered by Palantir. The executive will focus on go-to-market efforts, strategy, and commercial expansion, potentially increasing SurfOS revenue and showcasing Palantir’s ability to serve specialized industrial customers. Surf Air Mobility Appoints Barrett Brown as President of SurfOS
• Positive Sentiment: Sovereign AI narrative is strengthening: Coverage of Palantir’s recent AIPCon emphasized “AI sovereignty”—the need for governments and businesses to control their data, infrastructure, and AI systems. Analysts view this positioning as a potential driver of additional government and enterprise demand. Palantir Reveals Its AI Sovereignty Strategy And Wall Street Is Starting to Believe It
• Positive Sentiment: Growth and market visibility remain strong: Investors are discussing whether Palantir could eventually qualify for inclusion in the Dow Jones Industrial Average. Its strong revenue growth, expanding AI profile, and gains from recent lows support the bullish case, although Dow inclusion is speculative. Could Palantir Be the Next Stock Added to the Dow Jones?
• Neutral Sentiment: Additional customer traction: Palantir’s data and AI tools are being used to help Chipotle evaluate food-safety risks, while a reported deal with Nebius highlights continued activity in the AI infrastructure ecosystem. These developments are strategically encouraging, but their direct financial contribution is not yet clear. Chipotle has 4,186 restaurants. Palantir is helping score the risk
• Negative Sentiment: Valuation and short-selling risks persist: With a P/E ratio above 150 and a market capitalization near $445 billion, investors are questioning whether Palantir’s rapid growth is already priced in. Michael Burry reportedly increased his bearish position, reinforcing concerns about a potential correction if growth slows or expectations moderate. Michael Burry Adds to Palantir Shorts

Palantir Technologies Company Profile

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company’s principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.