Palantir Technologies' (PLTR) "Buy" Rating Reiterated at Rosenblatt Securities

Key Points

• Rosenblatt Securities reiterated its “Buy” rating on Palantir Technologies and set a $225 price target, implying 35.66% upside from the prior close. Analysts overall give the stock a “Moderate Buy” consensus rating with a $192.19 average target.
• Palantir reported strong quarterly results, with EPS of $0.41 versus the $0.34 estimate and revenue of $1.94 billion versus $1.81 billion expected. Revenue increased 92.8% year over year, while the stock opened at $165.86 and traded down 2.2%.
• Insiders sold substantial shares recently, including sales by executives Shyam Sankar and Alexander Karp totaling more than $105 million; insiders sold $116.9 million in stock over the past 90 days. Despite strong growth prospects and AI partnerships, valuation remains a concern, with a P/E ratio above 140.

Palantir Technologies (NASDAQ:PLTR - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Rosenblatt Securities in a report released on Friday, Benzinga reports. They currently have a $225.00 price target on the stock. Rosenblatt Securities' price target would suggest a potential upside of 35.66% from the stock's previous close.

PLTR has been the subject of several other reports. Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research note on Tuesday, August 11th. Wedbush initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an "outperform" rating on the stock. UBS Group set a $215.00 price objective on Palantir Technologies in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $200.00 price objective for the company in a report on Tuesday, August 4th. Finally, DA Davidson upped their target price on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $192.19.

Palantir Technologies Trading Down 2.2%

PLTR opened at $165.86 on Friday. Palantir Technologies has a 1-year low of $106.37 and a 1-year high of $207.52. The stock has a market capitalization of $398.57 billion, a PE ratio of 141.76, a PEG ratio of 2.40 and a beta of 1.62. The firm has a 50-day moving average price of $154.07 and a two-hundred day moving average price of $144.63.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies's quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 earnings per share. On average, research analysts predict that Palantir Technologies will post 1.27 EPS for the current year.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 150,000 shares of the company's stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total value of $19,500,000.00. Following the completion of the sale, the insider owned 599,899 shares in the company, valued at approximately $77,986,870. This represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 C. Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 720,027 shares of company stock valued at $116,879,340 over the last 90 days. Company insiders own 9.53% of the company's stock.

Hedge Funds Weigh In On Palantir Technologies

Several institutional investors have recently modified their holdings of the stock. Basepoint Wealth LLC acquired a new position in Palantir Technologies during the fourth quarter valued at approximately $29,000. Cornerstone Financial Management LLC acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $31,000. Wexford Capital LP bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at $36,000. Prudent Man Investment Management Inc. acquired a new stake in Palantir Technologies during the 4th quarter worth $35,000. Finally, Monetary Solutions Ltd acquired a new position in Palantir Technologies in the fourth quarter valued at about $36,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

More Palantir Technologies News

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

• Positive Sentiment: NVIDIA collaboration strengthens Palantir’s AI credentials. Palantir and NVIDIA unveiled a sovereign-AI supply-chain platform combining NVIDIA’s models and optimization software with Palantir Foundry, AIP and Ontology. NVIDIA will initially deploy the system in its own operations, potentially providing a high-profile reference customer and future expansion opportunity. NVIDIA and Palantir Bring Sovereign Intelligence to Critical Supply Chains
• Positive Sentiment: Growth guidance remains unusually strong. U.S. commercial revenue rose 149% year over year in the second quarter, while full-year U.S. commercial growth guidance is at least 134%. Palantir now expects approximately 82% company-wide revenue growth in 2026 after raising its outlook twice. Alex Karp Set Palantir a 134% Growth Target for the Whole Company
• Positive Sentiment: The company is broadening its ecosystem. Palantir deepened its Fujitsu partnership in Japan, named Nebius a preferred sovereign-AI infrastructure partner, expanded cybersecurity work with Method Security, and won a $127 million U.S. Army TITAN production contract. These developments support international, government and defense demand.
• Neutral Sentiment: Michael Burry closed his December 2026 PLTR put options while reducing overall portfolio risk, but reports indicate he still holds longer-dated Palantir puts. The move removes a near-term bearish position but does not represent a clear change in his negative long-term view. Michael Burry Dumps NVDA, PLTR December Puts
• Negative Sentiment: Valuation remains the central concern. With a price-to-earnings ratio above 140, analysts argue that much of Palantir’s growth is already reflected in the stock. Recent comparisons favoring cheaper AI software companies, valuation downgrades and ARK Invest’s continued trimming may be weighing on buyers.

Palantir Technologies Company Profile

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company's principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.

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