Fubon Begins Coverage on Palantir Technologies (NASDAQ:PLTR)

Key Points

• Fubon initiated coverage of Palantir with a Buy rating and a $200 price target, implying 19.05% upside from the prior close.
• Analyst sentiment is broadly positive: Palantir has a consensus Moderate Buy rating and an average price target of $216.20, though ratings include holds and sells.
• Palantir beat quarterly earnings and revenue estimates, reporting EPS of $0.44 and revenue of $2.31 billion; revenue grew 95.9% year over year.

Analysts at Fubon started coverage on shares of Palantir Technologies (NASDAQ:PLTR - Get Free Report) in a research note issued on Tuesday, FinViz reports. The brokerage set a "buy" rating and a $200.00 price target on the stock. Fubon's price target suggests a potential upside of 19.05% from the stock's previous close.

Other equities research analysts have also recently issued reports about the stock. Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 6th. DA Davidson restated a "buy" rating and issued a $250.00 price objective on shares of Palantir Technologies in a report on Tuesday, November 3rd. Oppenheimer restated an "outperform" rating and issued a $235.00 price target (up from $200.00) on shares of Palantir Technologies in a research note on Thursday, October 29th. JPMorgan Chase & Co. began coverage on shares of Palantir Technologies in a report on Thursday, October 29th. They issued an "overweight" rating and a $262.00 target price on the stock. Finally, Raymond James Financial set a $255.00 target price on shares of Palantir Technologies in a research note on Wednesday, November 4th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $216.20.

Palantir Technologies Price Performance

Shares of PLTR traded down $3.59 during mid-day trading on Tuesday, hitting $167.99. 15,160,139 shares of the company's stock were exchanged, compared to its average volume of 40,742,707. The company has a market cap of $403.69 billion, a PE ratio of 117.48, a P/E/G ratio of 3.48 and a beta of 1.65. Palantir Technologies has a 52 week low of $106.37 and a 52 week high of $212.94. The company has a 50-day simple moving average of $185.08 and a 200 day simple moving average of $153.81.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The firm's revenue for the quarter was up 95.9% on a year-over-year basis. On average, analysts anticipate that Palantir Technologies will post 1.36 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Lauren Friedman Stat sold 5,026 shares of the firm's stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the completion of the sale, the director owned 46,402 shares in the company, valued at approximately $9,233,998. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the firm's stock in a transaction dated 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 sale, the insider owned 6,432,258 shares of the company's stock, valued at approximately $1,124,294,375.82. This represents a 7.11% decrease in their position. 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 three months, insiders sold 523,716 shares of company stock valued at $92,212,379. 9.53% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Palantir Technologies

Several hedge funds have recently bought and sold shares of PLTR. Signature Wealth Management Partners LLC increased its holdings in shares of Palantir Technologies by 1.0% during the third quarter. Signature Wealth Management Partners LLC now owns 5,140 shares of the company's stock worth $961,000 after purchasing an additional 51 shares during the period. Atlatl Advisers LLC boosted its stake in shares of Palantir Technologies by 0.4% in the third quarter. Atlatl Advisers LLC now owns 13,174 shares of the company's stock valued at $2,464,000 after buying an additional 53 shares during the period. Opinicus Capital Inc. boosted its stake in shares of Palantir Technologies by 2.4% in the third quarter. Opinicus Capital Inc. now owns 2,276 shares of the company's stock valued at $426,000 after buying an additional 53 shares during the period. Demars Financial Group LLC boosted its stake in shares of Palantir Technologies by 2.7% in the third quarter. Demars Financial Group LLC now owns 2,054 shares of the company's stock valued at $384,000 after buying an additional 54 shares during the period. Finally, PFS Partners LLC grew its position in Palantir Technologies by 28.9% during the third quarter. PFS Partners LLC now owns 250 shares of the company's stock worth $47,000 after buying an additional 56 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies News Roundup

Here's some of the latest news about PLTR:

• Positive Sentiment: Palantir’s Rule of 40 score reached 158% in Q3 2026, reflecting a combination of rapid revenue growth and stronger profitability. The company also reported 165% net dollar retention, supporting the case for continued customer expansion. Article: PLTR's Rule of 40 Hits 158%
• Positive Sentiment: Recent commentary argues Palantir’s growth story remains strong, with its AI software helping drive substantial business momentum. This provides a fundamental counterpoint to the stock’s recent weakness. Article: Palantir: High-Quality Growth Should Never Be Cheap
• Negative Sentiment: Valuation is a key concern: bearish commentary says the share price leaves little room for error, even given Palantir’s exceptional business growth. Investors may be demanding continued rapid growth to justify the premium. Article: Palantir: Exceptional Business, Unjustifiable Price

Palantir Technologies Company Profile

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.

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