Palantir Technologies (NASDAQ:PLTR) Stock Price Target Raised at Cantor Fitzgerald

Palantir Technologies (NASDAQ:PLTR) had its target price hoisted by stock analysts at Cantor Fitzgerald from $156.00 to $207.00 in a research report issued on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Cantor Fitzgerald‘s price objective would suggest a potential upside of 12.43% from the stock’s current price.

PLTR has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $225.00 price objective on shares of Palantir Technologies in a research note on Monday, October 26th. UBS Group upped their price target on shares of Palantir Technologies from $220.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Northland Securities set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Benchmark reissued a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, William Blair reissued an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $210.30.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $184.11 on Monday. Palantir Technologies has a 12 month low of $106.37 and a 12 month high of $212.94. The firm has a market capitalization of $442.43 billion, a P/E ratio of 157.36, a P/E/G ratio of 3.29 and a beta of 1.65. The company’s fifty day moving average price is $186.90 and its two-hundred day moving average price is $153.90.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share 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 company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm earned $0.16 earnings per share. The company’s revenue was up 92.8% on a year-over-year basis. On average, sell-side analysts anticipate that Palantir Technologies will post 1.29 EPS for the current year.

Insider Activity

In other news, Director Eric H. Woersching sold 1,000 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $205.00, for a total transaction of $205,000.00. Following the completion of the transaction, the director owned 3,465 shares in the company, valued at approximately $710,325. This represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies 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 sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 560,390 shares of company stock valued at $97,909,177 over the last quarter. Corporate insiders own 9.53% of the company’s stock.

Institutional Trading of Palantir Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC bought a new stake in shares of Palantir Technologies in the 1st quarter worth $1,574,111,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after acquiring an additional 7,678,747 shares during the period. Bank of America Corp DE lifted its position in shares of Palantir Technologies by 28.7% in the 1st quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after acquiring an additional 4,201,852 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Palantir Technologies by 795.6% in the 1st quarter. Janus Henderson Group PLC now owns 3,323,141 shares of the company’s stock worth $480,247,000 after purchasing an additional 2,952,079 shares during the period. Finally, State Street Corp raised its stake in Palantir Technologies by 2.8% during the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after purchasing an additional 2,863,874 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: Wall Street expects approximately $0.41 in adjusted EPS and $2.18 billion in revenue for the third quarter. Investors are looking for evidence that Palantir’s U.S. commercial momentum and AI software demand remain strong. CEO Alex Karp has described the business as compounding at an unprecedented pace, while prediction-market activity points to expectations for another earnings beat. Palantir Set to Report Earnings as Alex Karp Says Business Is Compounding
• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating, adding institutional support ahead of the report. Separately, Palantir is reportedly expanding sovereign-AI deployments in sensitive industries, potentially broadening its government and commercial opportunity. JPMorgan Initiates Coverage of Palantir
• Neutral Sentiment: Options traders are positioning for an unusually large post-earnings move of about 13.3%. This underscores significant event risk: a beat and stronger guidance could support the stock, while any indication of slowing growth could trigger a sharp reaction. Palantir Q3 Earnings Options Activity
• Negative Sentiment: Valuation remains the main concern. Palantir trades at roughly 157 times earnings, meaning much of its future AI growth is already reflected in the share price. Analysts and investors will therefore focus on revenue growth, U.S. commercial expansion, margins and forward guidance rather than simply whether results beat estimates. Palantir Stock Is Trading at 165 Times Earnings
• Negative Sentiment: ETF selling has created additional technical pressure: ETFs were net sellers of approximately $112.1 million of PLTR on Thursday, while the iShares Tech-Software ETF sold $286.1 million across its portfolio, including Palantir. Recent chart analysis also identified potential support near $186 as vulnerable. ETFs Are Net Sellers of Palantir

About Palantir Technologies

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.