Q1 EPS Estimate for Palantir Technologies Boosted by Analyst

Palantir Technologies Inc. (NASDAQ:PLTR) – Northland Capmk upped their Q1 2025 earnings estimates for Palantir Technologies in a report released on Tuesday, February 4th. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings per share of $0.08 for the quarter, up from their prior estimate of $0.07. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.19 per share. Northland Capmk also issued estimates for Palantir Technologies’ Q2 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.29 EPS and FY2026 earnings at $0.29 EPS.

PLTR has been the subject of several other research reports. Royal Bank of Canada raised their target price on shares of Palantir Technologies from $11.00 to $40.00 and gave the stock an “underperform” rating in a report on Tuesday. Citigroup raised their target price on shares of Palantir Technologies from $42.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday. Argus cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. William Blair reissued an “underperform” rating on shares of Palantir Technologies in a report on Wednesday, December 18th. Finally, Robert W. Baird raised their target price on shares of Palantir Technologies from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $69.44.

Palantir Technologies Trading Down 0.4 %

NASDAQ PLTR opened at $110.85 on Friday. The company has a fifty day simple moving average of $76.46 and a two-hundred day simple moving average of $52.67. The stock has a market cap of $252.52 billion, a P/E ratio of 554.28, a P/E/G ratio of 7.54 and a beta of 2.81. Palantir Technologies has a 12-month low of $20.33 and a 12-month high of $116.30.

Hedge Funds Weigh In On Palantir Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in Palantir Technologies by 60.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 12,387,040 shares of the company’s stock worth $460,798,000 after acquiring an additional 4,667,955 shares during the last quarter. Diversify Wealth Management LLC acquired a new position in Palantir Technologies in the 4th quarter valued at about $876,000. Destiny Wealth Partners LLC acquired a new position in Palantir Technologies in the 4th quarter valued at about $3,233,000. State of Alaska Department of Revenue boosted its holdings in Palantir Technologies by 22.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 370,625 shares of the company’s stock valued at $13,786,000 after purchasing an additional 68,945 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Palantir Technologies by 19.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 541,567 shares of the company’s stock valued at $20,146,000 after purchasing an additional 87,062 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Alexander C. Karp sold 1,823,602 shares of Palantir Technologies stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $63.12, for a total value of $115,105,758.24. Following the sale, the insider now owns 6,432,258 shares in the company, valued at $406,004,124.96. This trade represents a 22.09 % 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. Also, Director Alexandra W. Schiff sold 4,000 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $71.63, for a total transaction of $286,520.00. Following the transaction, the director now owns 195,393 shares in the company, valued at $13,996,000.59. The trade was a 2.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,656,687 shares of company stock worth $1,040,105,687 over the last 90 days. 12.93% of the stock is currently owned by company insiders.

About Palantir Technologies

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.