Palantir Technologies (NASDAQ:PLTR) Stock Rating Reaffirmed as “Buy” by Rosenblatt Securities

Palantir Technologies (NASDAQ:PLTR)‘s stock had its “buy” rating restated by Rosenblatt Securities in a research report issued to clients and investors on Wednesday, September 23rd, Benzinga reports. They presently have a $225.00 target price on the stock. Rosenblatt Securities’ price objective indicates a potential upside of 20.34% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. Northland Securities set a $200.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 4th. Oppenheimer lowered shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Tuesday, August 4th. Finally, BTIG Research lowered Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $195.33.

Palantir Technologies Trading Down 0.3%

NASDAQ PLTR opened at $186.97 on Wednesday. Palantir Technologies has a 1-year low of $106.37 and a 1-year high of $207.52. The company has a 50 day moving average of $166.90 and a 200-day moving average of $147.99. The firm has a market cap of $449.30 billion, a price-to-earnings ratio of 159.80, a PEG ratio of 2.64 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.Palantir Technologies’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 EPS. On average, analysts forecast that Palantir Technologies will post 1.28 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Shyam Sankar sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $130.00, for a total transaction of $19,500,000.00. Following the transaction, the insider directly owned 599,899 shares of the company’s stock, valued at approximately $77,986,870. This trade represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. This trade represents a 3.41% 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 90 days. 9.53% of the stock is owned by insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently made changes to their positions in PLTR. Guardian Wealth Advisors LLC NC increased its position in shares of Palantir Technologies by 67.5% during the second quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock worth $1,240,000 after buying an additional 4,283 shares during the period. Independent Financial Group LLC boosted its position in Palantir Technologies by 20.8% during the second quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock valued at $21,957,000 after acquiring an additional 32,427 shares during the last quarter. World Equity Group Inc. grew its holdings in Palantir Technologies by 7.2% during the 2nd quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock worth $5,090,000 after acquiring an additional 2,948 shares during the period. Sage Capital Advisors llc lifted its stake in Palantir Technologies by 63.5% in the second quarter. Sage Capital Advisors llc now owns 66,944 shares of the company’s stock valued at $7,810,000 after buying an additional 25,995 shares during the period. Finally, V. M. Manning & CO. Inc. acquired a new position in shares of Palantir Technologies during the second quarter valued at about $539,000. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies News Summary

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

• Positive Sentiment: Institutional and investor confidence: Billionaire investor Israel Englander bought Palantir shares during the second quarter, while other market commentators describe the company’s growth opportunity as still developing. This provides additional validation for the bullish investment thesis. Billionaire Israel Englander Buys 2 Artificial Intelligence Stocks
• Positive Sentiment: Commercial AI adoption is expanding: Palantir’s partnership with Surf Air Mobility is accelerating the commercialization of OperatorOS and development of OwnerOS. Surf Air also added another customer, potentially demonstrating demand for Palantir-powered operational software. Surf Air Mobility Adds New OperatorOS Customer
• Positive Sentiment: Exceptional recent operating momentum: Palantir’s latest reported revenue rose 92.8% year over year to $1.94 billion, while earnings per share of $0.41 exceeded the $0.34 consensus estimate. Continued government demand, commercial expansion and strong cash generation are supporting expectations for further growth.
• Neutral Sentiment: High-profile government engagement: CEO Alex Karp’s participation in a White House AI meeting keeps Palantir visible in discussions about defense, enterprise AI and safety. Government rules could favor Palantir’s governed-AI products, although the meeting itself does not represent a new contract. Tech Leaders Arrive at White House for AI Luncheon
• Negative Sentiment: Valuation remains the principal concern: With a market capitalization near $449 billion, a price-to-earnings ratio around 160 and a valuation comparable to Oracle despite substantially lower revenue, PLTR already reflects years of aggressive growth. Any slowdown could pressure the shares. Palantir Is Worth About as Much as Oracle on Less Than a Tenth of Oracle’s Revenue
• Negative Sentiment: Execution and regulatory risks: Gartner cautioned that Palantir’s AI deployment model could create costly implementation challenges, while proposed AI guardrails may increase compliance and contractual exposure. Palantir also did not win the FAA’s SMART contract, underscoring that strong AI demand does not guarantee every government award.

About Palantir Technologies

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.