Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) – DA Davidson issued their Q1 2025 EPS estimates for Palantir Technologies in a note issued to investors on Wednesday, February 5th. DA Davidson analyst G. Luria anticipates that the company will post earnings of $0.08 per share for the quarter. DA Davidson has a “Neutral” rating and a $105.00 price objective on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.19 per share. DA Davidson also issued estimates for Palantir Technologies’ FY2026 earnings at $0.26 EPS.
PLTR has been the subject of a number of other research reports. William Blair restated an “underperform” rating on shares of Palantir Technologies in a research note on Wednesday, December 18th. The Goldman Sachs Group raised their price objective on Palantir Technologies from $16.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Baird R W upgraded Palantir Technologies to a “hold” rating in a research report on Thursday, December 12th. Jefferies Financial Group raised their price target on shares of Palantir Technologies from $28.00 to $60.00 and gave the stock an “underperform” rating in a research report on Tuesday. Finally, Robert W. Baird upped their price objective on shares of Palantir Technologies from $70.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $69.44.
Palantir Technologies Trading Up 9.8 %
NASDAQ:PLTR opened at $111.28 on Thursday. Palantir Technologies has a twelve month low of $20.33 and a twelve month high of $111.55. The company has a market cap of $253.50 billion, a PE ratio of 556.43, a P/E/G ratio of 7.54 and a beta of 2.81. The company’s 50 day moving average is $75.56 and its two-hundred day moving average is $52.26.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $725.52 million for the quarter, compared to the consensus estimate of $705.11 million. Palantir Technologies had a net margin of 18.01% and a return on equity of 9.94%. The company’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share.
Institutional Trading of Palantir Technologies
Institutional investors and hedge funds have recently bought and sold shares of the stock. Czech National Bank acquired a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $15,261,000. GAMMA Investing LLC lifted its stake in Palantir Technologies by 83.9% during the third quarter. GAMMA Investing LLC now owns 5,713 shares of the company’s stock worth $213,000 after purchasing an additional 2,607 shares in the last quarter. Azzad Asset Management Inc. ADV purchased a new position in shares of Palantir Technologies during the third quarter worth $209,000. Diversified Trust Co grew its stake in shares of Palantir Technologies by 172.7% in the third quarter. Diversified Trust Co now owns 21,559 shares of the company’s stock valued at $802,000 after buying an additional 13,652 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its holdings in shares of Palantir Technologies by 8.6% in the 3rd quarter. Miracle Mile Advisors LLC now owns 16,308 shares of the company’s stock valued at $607,000 after buying an additional 1,298 shares during the period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Palantir Technologies news, insider Alexander C. Karp sold 4,500,000 shares of Palantir Technologies stock in a transaction on Friday, November 15th. The stock was sold at an average price of $63.10, for a total value of $283,950,000.00. Following the sale, the insider now owns 6,432,258 shares in the company, valued at $405,875,479.80. The trade was a 41.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lauren Elaina Friedman Stat sold 11,794 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $102.80, for a total value of $1,212,423.20. Following the transaction, the director now owns 88,129 shares of the company’s stock, valued at approximately $9,059,661.20. This represents a 11.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,656,687 shares of company stock valued at $1,040,105,687 in the last ninety days. 12.93% of the stock is currently owned by corporate 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.
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