Northland Securities Comments on PLTR FY2026 Earnings

Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) – Analysts at Northland Securities lifted their FY2026 earnings per share estimates for Palantir Technologies in a research note issued on Tuesday, November 3rd. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of $1.35 for the year, up from their prior estimate of $1.24. The consensus estimate for Palantir Technologies’ current full-year earnings is $1.36 per share. Northland Securities also issued estimates for Palantir Technologies’ Q4 2026 earnings at $0.41 EPS, Q1 2027 earnings at $0.34 EPS, Q2 2027 earnings at $0.36 EPS, Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.48 EPS and FY2027 earnings at $1.58 EPS.

A number of other research firms also recently weighed in on PLTR. Oppenheimer restated an “outperform” rating and set a $235.00 price target (up from $200.00) on shares of Palantir Technologies in a report on Thursday, October 29th. Morgan Stanley upped their price objective on shares of Palantir Technologies from $205.00 to $233.00 and gave the stock a “buy” rating in a report on Tuesday, November 3rd. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 4th. The Goldman Sachs Group reissued a “buy” rating and set a $235.00 target price on shares of Palantir Technologies in a research report on Tuesday, November 3rd. Finally, Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.53.

View Our Latest Analysis on Palantir Technologies

Palantir Technologies Stock Down 0.2%

PLTR stock opened at $168.82 on Monday. The firm has a 50 day moving average of $185.19 and a two-hundred day moving average of $153.77. Palantir Technologies has a 12 month low of $106.37 and a 12 month high of $212.94. The company has a market capitalization of $405.68 billion, a price-to-earnings ratio of 118.06, a P/E/G ratio of 3.42 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. The firm’s quarterly revenue was up 95.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. lifted its position in shares of Palantir Technologies by 0.4% during the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after purchasing an additional 757,322 shares during the last quarter. State Street Corp grew its holdings in Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after buying an additional 2,863,874 shares during the last quarter. Bank of America Corp DE grew its holdings in Palantir Technologies by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock valued at $2,219,094,000 after buying an additional 180,486 shares during the last quarter. Amundi increased its position in Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company’s stock worth $2,056,082,000 after buying an additional 1,212,653 shares during the period. Finally, Jennison Associates LLC bought a new position in Palantir Technologies in the 1st quarter worth approximately $1,574,111,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Activity at Palantir Technologies

In other news, Director Eric Woersching sold 1,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the transaction, the director owned 3,465 shares of the company’s stock, valued at $710,325. This trade represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last 90 days, insiders have sold 523,716 shares of company stock valued at $92,212,379. 9.53% of the stock is owned by company insiders.

Key Headlines Impacting Palantir Technologies

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

About Palantir Technologies

(Get Free Report)

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security. The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.

Read More

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

Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.