Barclays Issues Positive Forecast for Palantir Technologies (NASDAQ:PLTR) Stock Price

Palantir Technologies (NASDAQ:PLTR) had its target price upped by Barclays from $265.00 to $273.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of Palantir Technologies from $90.00 to $130.00 and gave the stock an “underperform” rating in a research report on Tuesday. UBS Group reissued a “buy” rating on shares of Palantir Technologies in a report on Tuesday. Benchmark restated a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. Wolfe Research began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating for the company. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $214.53.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $171.70 on Wednesday. Palantir Technologies has a one year low of $106.37 and a one year high of $212.94. The company has a market cap of $412.61 billion, a PE ratio of 120.07, a P/E/G ratio of 3.04 and a beta of 1.65. The business has a 50-day simple moving average of $186.84 and a 200-day simple moving average of $153.86.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter last year, the company earned $0.21 earnings per share. The firm’s revenue was up 95.9% compared to the same quarter last year. On average, sell-side analysts predict that Palantir Technologies will post 1.33 earnings per share for the current fiscal year.

Insider Transactions at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares in the company, valued at $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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. Also, insider Alexander Karp sold 492,348 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total value of $86,057,506.92. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% 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 have sold a total of 523,716 shares of company stock worth $92,212,379 over the last three months. 9.53% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Palantir Technologies

Hedge funds have recently modified their holdings of the stock. Keybank National Association OH increased its stake in shares of Palantir Technologies by 18.9% in the third quarter. Keybank National Association OH now owns 38,856 shares of the company’s stock worth $7,268,000 after acquiring an additional 6,187 shares during the last quarter. Triton Wealth Management PLLC raised its holdings in shares of Palantir Technologies by 15.4% during the third quarter. Triton Wealth Management PLLC now owns 4,353 shares of the company’s stock worth $748,000 after acquiring an additional 581 shares in the last quarter. D Orazio & Associates Inc. boosted its position in Palantir Technologies by 9.0% during the third quarter. D Orazio & Associates Inc. now owns 4,222 shares of the company’s stock valued at $790,000 after purchasing an additional 348 shares during the last quarter. Account Management LLC acquired a new stake in Palantir Technologies during the third quarter valued at $1,440,000. Finally, New York Life Investment Management LLC boosted its position in Palantir Technologies by 14.0% during the third quarter. New York Life Investment Management LLC now owns 365,072 shares of the company’s stock valued at $68,287,000 after purchasing an additional 44,848 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir beat Q3 estimates, with revenue rising 96% year over year to $2.31 billion and earnings also topping expectations. It raised its 2026 revenue outlook to $8.5 billion and forecast Q4 revenue of $2.6 billion to $2.7 billion. U.S. commercial revenue surged 148% and exceeded U.S. government revenue for the first time. Palantir beats Q3 estimates and raises outlook
• Positive Sentiment: Barclays raised its price target to $273 and kept an Overweight rating, reflecting optimism about Palantir’s growth prospects. Barclays price target update
• Positive Sentiment: Palantir announced a partnership with footwear manufacturer Changshin to use Foundry and AIP across product development and factory operations, adding a commercial customer and use case. Changshin and Palantir partnership
• Neutral Sentiment: ARK bought Palantir shares while some ETFs also added to their holdings, signaling investor support, though these flows do not resolve concerns about fundamentals or valuation. ETF purchases of Palantir shares
• Negative Sentiment: Investors focused on slower bookings: total contract value grew 6%, versus 49% in the prior quarter, while U.S. commercial contract-value growth also decelerated. That raised questions about whether future demand will translate into new contracts as quickly as revenue growth suggests. Analysts cite bookings growth concerns
• Negative Sentiment: Palantir’s lofty valuation leaves little room for disappointment, and broader concerns about an AI-stock bubble may amplify volatility. Midterm election results also raised concern that a proposed defense budget could be reduced, potentially affecting government-related demand. Election-related concerns for Palantir

Palantir Technologies Company Profile

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.