Rosenblatt Securities Reiterates Buy Rating for Palantir Technologies (NASDAQ:PLTR)

Key Points

• Rosenblatt Securities reaffirmed its Buy rating on Palantir Technologies and set a $225 price target, implying 21.63% upside from the stock’s current price.
• Analyst sentiment is broadly positive, with MarketBeat reporting a “Moderate Buy” consensus and an average price target of $195.33; UBS recently raised its target to $250.
• Palantir reported strong quarterly results, including $0.41 in EPS versus a $0.34 estimate and $1.94 billion in revenue, up 92.8% year over year. However, its valuation remains elevated, with a price-to-earnings ratio above 158.

Palantir Technologies (NASDAQ:PLTR - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Rosenblatt Securities in a note issued to investors on Wednesday, Benzinga reports. They presently have a $225.00 price target on the stock. Rosenblatt Securities' price target indicates a potential upside of 21.63% from the company's current price.

Other equities analysts also recently issued research reports about the stock. Wolfe Research started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a "buy" rating for the company. Needham & Company LLC set a $215.00 price target on Palantir Technologies in a research note on Tuesday, August 11th. Benchmark reaffirmed a "hold" rating on shares of Palantir Technologies in a report on Tuesday, August 4th. UBS Group upped their price objective on Palantir Technologies from $220.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, September 15th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $195.33.

Palantir Technologies Stock Up 1.0%

Shares of NASDAQ:PLTR opened at $184.99 on Wednesday. Palantir Technologies has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The firm's 50 day moving average price is $161.29 and its 200 day moving average price is $146.72. The stock has a market cap of $444.54 billion, a price-to-earnings ratio of 158.11, a price-to-earnings-growth ratio of 2.59 and a beta of 1.62.

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

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction that occurred 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 directly owned 6,432,258 shares of the company's stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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. Also, Director Lauren Friedman Stat sold 1,342 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $182.50, for a total value of $244,915.00. Following the sale, the director owned 52,765 shares of the company's stock, valued at $9,629,612.50. This trade represents a 2.48% 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. Insiders have sold a total of 720,027 shares of company stock worth $116,879,340 over the last three months. 9.53% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of large investors have recently bought and sold shares of the company. Basepoint Wealth LLC bought a new stake in shares of Palantir Technologies during the 4th quarter valued at $29,000. Cornerstone Financial Management LLC bought a new position in shares of Palantir Technologies in the 4th quarter worth $31,000. Prudent Man Investment Management Inc. bought a new position in shares of Palantir Technologies in the 4th quarter worth $35,000. Monetary Solutions Ltd acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $36,000. Finally, Reflection Asset Management acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $35,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

Palantir Technologies News Summary

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

• Positive Sentiment: New commercial use of Palantir software: Surf Air Mobility appointed Barrett Brown to lead SurfOS, its AI-enabled operating system powered by Palantir. The executive will focus on go-to-market efforts, strategy, and commercial expansion, potentially increasing SurfOS revenue and showcasing Palantir’s ability to serve specialized industrial customers. Surf Air Mobility Appoints Barrett Brown as President of SurfOS
• Positive Sentiment: Sovereign AI narrative is strengthening: Coverage of Palantir’s recent AIPCon emphasized “AI sovereignty”—the need for governments and businesses to control their data, infrastructure, and AI systems. Analysts view this positioning as a potential driver of additional government and enterprise demand. Palantir Reveals Its AI Sovereignty Strategy And Wall Street Is Starting to Believe It
• Positive Sentiment: Growth and market visibility remain strong: Investors are discussing whether Palantir could eventually qualify for inclusion in the Dow Jones Industrial Average. Its strong revenue growth, expanding AI profile, and gains from recent lows support the bullish case, although Dow inclusion is speculative. Could Palantir Be the Next Stock Added to the Dow Jones?
• Neutral Sentiment: Additional customer traction: Palantir’s data and AI tools are being used to help Chipotle evaluate food-safety risks, while a reported deal with Nebius highlights continued activity in the AI infrastructure ecosystem. These developments are strategically encouraging, but their direct financial contribution is not yet clear. Chipotle has 4,186 restaurants. Palantir is helping score the risk
• Negative Sentiment: Valuation and short-selling risks persist: With a P/E ratio above 150 and a market capitalization near $445 billion, investors are questioning whether Palantir’s rapid growth is already priced in. Michael Burry reportedly increased his bearish position, reinforcing concerns about a potential correction if growth slows or expectations moderate. Michael Burry Adds to Palantir Shorts

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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