Wedbush Raises Earnings Estimates for Palantir Technologies

Palantir Technologies Inc. (NYSE:PLTRFree Report) – Analysts at Wedbush upped their Q3 2025 earnings per share (EPS) estimates for shares of Palantir Technologies in a research report issued to clients and investors on Tuesday, November 5th. Wedbush analyst D. Ives now expects that the company will post earnings per share of $0.07 for the quarter, up from their previous forecast of $0.06. Wedbush currently has a “Outperform” rating and a $45.00 price target on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.19 per share. Wedbush also issued estimates for Palantir Technologies’ Q4 2025 earnings at $0.08 EPS.

Several other research analysts have also issued reports on the company. Monness Crespi & Hardt lowered their target price on Palantir Technologies from $20.00 to $18.00 and set a “sell” rating for the company in a research report on Tuesday, August 6th. Deutsche Bank Aktiengesellschaft raised their target price on Palantir Technologies from $20.00 to $21.00 and gave the stock a “sell” rating in a research report on Tuesday, August 6th. Raymond James lowered Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Northland Securities lifted their price objective on Palantir Technologies from $35.00 to $38.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 5th. Finally, The Goldman Sachs Group lifted their price objective on Palantir Technologies from $16.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $31.71.

Read Our Latest Research Report on Palantir Technologies

Palantir Technologies Stock Up 4.5 %

Shares of NYSE:PLTR opened at $58.39 on Friday. The firm has a market cap of $130.76 billion, a P/E ratio of 291.96 and a beta of 2.70. Palantir Technologies has a 12-month low of $15.66 and a 12-month high of $58.48. The business has a fifty day simple moving average of $40.13 and a 200 day simple moving average of $30.59.

Palantir Technologies (NYSE:PLTRGet Free Report) last announced its earnings results on Monday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The business had revenue of $725.52 million during the quarter, compared to analyst estimates of $705.11 million. Palantir Technologies had a return on equity of 9.94% and a net margin of 18.01%. Palantir Technologies’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period last year, the company earned $0.03 EPS.

Hedge Funds Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently modified their holdings of the business. Northwest Investment Counselors LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $25,000. Summit Securities Group LLC purchased a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $25,000. Farmers & Merchants Investments Inc. purchased a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $25,000. Creekmur Asset Management LLC boosted its stake in shares of Palantir Technologies by 46.0% in the 3rd quarter. Creekmur Asset Management LLC now owns 1,063 shares of the company’s stock worth $40,000 after buying an additional 335 shares during the last quarter. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in Palantir Technologies by 47.5% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,180 shares of the company’s stock valued at $44,000 after purchasing an additional 380 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity at Palantir Technologies

In related news, insider Heather A. Planishek sold 20,000 shares of the business’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $30.24, for a total value of $604,800.00. Following the completion of the sale, the insider now directly owns 612,006 shares of the company’s stock, valued at $18,507,061.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Palantir Technologies news, insider Alexander C. Karp sold 4,500,000 shares of Palantir Technologies stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $55.03, for a total transaction of $247,635,000.00. Following the completion of the transaction, the insider now owns 6,432,258 shares in the company, valued at approximately $353,967,157.74. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Heather A. Planishek sold 20,000 shares of Palantir Technologies stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $30.24, for a total value of $604,800.00. Following the transaction, the insider now owns 612,006 shares of the company’s stock, valued at $18,507,061.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,482,878 shares of company stock valued at $1,044,202,496 in the last three months. Corporate insiders own 12.93% of the company’s stock.

About Palantir Technologies

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Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.

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Earnings History and Estimates for Palantir Technologies (NYSE:PLTR)

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