Palantir Technologies (PLTR) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Palantir Technologies (NASDAQ: PLTR):

• 2/5/2025 – Palantir Technologies had its price target raised by analysts at Citigroup Inc. from $42.00 to $110.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Royal Bank of Canada from $11.00 to $40.00. They now have an “underperform” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Jefferies Financial Group Inc. from $28.00 to $60.00. They now have an “underperform” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Mizuho from $44.00 to $80.00. They now have an “underperform” rating on the stock.
• 2/4/2025 – Palantir Technologies was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $95.00 price target on the stock, up previously from $60.00.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at UBS Group AG from $80.00 to $105.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at DA Davidson from $47.00 to $105.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Cantor Fitzgerald from $72.00 to $98.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Robert W. Baird from $70.00 to $100.00. They now have a “neutral” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Northland Securities from $38.00 to $80.00. They now have a “market perform” rating on the stock.
• 2/4/2025 – Palantir Technologies had its price target raised by analysts at Bank of America Co. from $90.00 to $125.00. They now have a “buy” rating on the stock.
• 1/23/2025 – Palantir Technologies had its price target raised by analysts at Wedbush from $75.00 to $90.00. They now have an “outperform” rating on the stock.
• 1/17/2025 – Palantir Technologies is now covered by analysts at Cantor Fitzgerald. They set a “neutral” rating and a $72.00 price target on the stock.
• 1/16/2025 – Palantir Technologies was upgraded by analysts at Cantor Fitzgerald to a “hold” rating. They now have a $72.00 price target on the stock.
• 1/6/2025 – Palantir Technologies had its “underweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $60.00 price target on the stock.
• 12/19/2024 – Palantir Technologies is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $80.00 price target on the stock.
• 12/18/2024 – Palantir Technologies had its “underperform” rating reaffirmed by analysts at William Blair.

Palantir Technologies Trading Up 4.2 %

NASDAQ:PLTR opened at $117.39 on Thursday. Palantir Technologies Inc. has a 1 year low of $20.33 and a 1 year high of $118.66. The firm’s fifty day simple moving average is $79.17 and its 200 day simple moving average is $54.84. The firm has a market capitalization of $267.42 billion, a PE ratio of 617.87, a PEG ratio of 11.44 and a beta of 2.81.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, Director Alexandra W. Schiff sold 4,000 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $71.63, for a total value of $286,520.00. Following the sale, the director now directly owns 195,393 shares in the company, valued at $13,996,000.59. This trade represents a 2.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lauren Elaina Friedman Stat sold 11,794 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $102.80, for a total transaction of $1,212,423.20. Following the completion of the sale, the director now owns 88,129 shares in the company, valued at $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. In the last three months, insiders have sold 13,833,085 shares of company stock worth $924,999,929. 12.93% of the stock is owned by insiders.

Institutional Trading of Palantir Technologies

Institutional investors have recently made changes to their positions in the business. Mather Group LLC. boosted its position in shares of Palantir Technologies by 101.4% during the 4th quarter. Mather Group LLC. now owns 890 shares of the company’s stock valued at $67,000 after acquiring an additional 448 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Palantir Technologies by 60.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 12,387,040 shares of the company’s stock valued at $460,798,000 after acquiring an additional 4,667,955 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter valued at about $876,000. Destiny Wealth Partners LLC acquired a new stake in shares of Palantir Technologies during the 4th quarter valued at about $3,233,000. Finally, State of Alaska Department of Revenue boosted its position in shares of Palantir Technologies by 22.9% during 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 acquiring an additional 68,945 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

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.