Palantir Technologies (NASDAQ:PLTR) Upgraded at Robert W. Baird

Robert W. Baird upgraded shares of Palantir Technologies (NASDAQ:PLTR) from a neutral rating to an outperform rating in a research report sent to investors on Tuesday morning, MarketBeat reports. The firm currently has $200.00 target price on the stock.

Several other equities research analysts have also issued reports on PLTR. CICC Research lifted their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Northland Securities raised their target price on shares of Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. HSBC upped their price target on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. DA Davidson raised their price objective on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Bank of America boosted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $191.95.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $130.01 on Tuesday. Palantir Technologies has a 52 week low of $66.12 and a 52 week high of $207.52. The stock has a market capitalization of $309.87 billion, a P/E ratio of 206.37, a price-to-earnings-growth ratio of 3.35 and a beta of 1.64. The stock has a fifty day moving average of $174.49 and a 200-day moving average of $173.19.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. On average, research analysts forecast that Palantir Technologies will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the sale, the insider directly owned 47,044 shares in the company, valued at $7,409,430. This represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shyam Sankar sold 19,004 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. This represents a 2.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,023,844 shares of company stock valued at $167,455,085 over the last quarter. 9.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. bLong Financial LLC bought a new stake in Palantir Technologies in the fourth quarter valued at approximately $484,000. Peak Asset Management LLC acquired a new position in shares of Palantir Technologies in the 4th quarter worth approximately $470,000. TD Private Client Wealth LLC lifted its position in shares of Palantir Technologies by 4.9% in the 4th quarter. TD Private Client Wealth LLC now owns 8,218 shares of the company’s stock worth $1,461,000 after purchasing an additional 387 shares during the period. Tucker Asset Management LLC boosted its stake in shares of Palantir Technologies by 5.9% in the 4th quarter. Tucker Asset Management LLC now owns 6,072 shares of the company’s stock valued at $1,079,000 after purchasing an additional 338 shares during the last quarter. Finally, Mission Wealth Management LP increased its position in shares of Palantir Technologies by 16.6% during the fourth quarter. Mission Wealth Management LP now owns 13,701 shares of the company’s stock worth $2,435,000 after buying an additional 1,947 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

More Palantir Technologies News

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

• Positive Sentiment: Blowout Q4 results and lifted guidance — Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS estimates and issued 2026 guidance above Street expectations, which underpinned recent buy‑side momentum. Earnings coverage
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms (HSBC, William Blair, Northland, Deutsche Bank and others) raised ratings or price targets after the quarter, giving near‑term buy signals and institutional support. Analyst coverage
• Positive Sentiment: Commercial momentum and partnerships — Management highlighted accelerating U.S. commercial revenue and record large‑deal closings; Palantir also announced a partnership with Cognizant to deploy Foundry/AIP into healthcare and enterprise workflows. Cognizant partnership
• Neutral Sentiment: Research estimate updates — Firms like Northland published updated multi‑quarter EPS/target models (Outperform/$190), useful for modeling but not universally decisive. Northland note
• Neutral Sentiment: Minor insider selling disclosed — A director sold 400 shares (additional past small sales exist); the sizes disclosed are modest but worth monitoring for trend changes in insider activity. SEC filing
• Negative Sentiment: Valuation friction — Commentators and some analysts warn Palantir’s multiples remain very high (forward and trailing P/Es), creating vulnerability to mean reversion despite rapid growth. Contrarian view
• Negative Sentiment: AI sector pullback and profit‑taking — A broader rotation away from high‑beta AI winners and short‑term profit taking trimmed gains; that dynamic amplified selling after the post‑earnings run. Sector weakness
• Negative Sentiment: Some sell‑side caution — A few firms (e.g., DA Davidson) trimmed near‑term expectations or flagged the need for sustained execution versus lofty consensus, adding pressure amid volatile volume. DA Davidson note

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.