DA Davidson Has Positive Outlook for PLTR FY2026 Earnings

Key Points

• DA Davidson has increased its FY2026 earnings per share estimate for Palantir Technologies to $0.46, up from a previous estimate of $0.30, maintaining a "Neutral" rating with a target price of $170.00.
• Palantir recently reported quarterly earnings of $0.16 EPS, exceeding the consensus estimate of $0.14, with revenues reaching $1 billion, a 48% year-over-year increase.
• Insider trading activity indicates significant recent sales by executives, with a total of 1,485,632 shares sold worth approximately $191 million over the last quarter.

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Research analysts at DA Davidson upped their FY2026 earnings per share estimates for shares of Palantir Technologies in a research note issued on Tuesday, August 5th. DA Davidson analyst G. Luria now forecasts that the company will earn $0.46 per share for the year, up from their previous estimate of $0.30. DA Davidson currently has a "Neutral" rating and a $170.00 target price on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share.

Several other research analysts have also recently commented on PLTR. Piper Sandler set a $182.00 target price on shares of Palantir Technologies in a report on Tuesday. Mizuho raised Palantir Technologies from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $116.00 to $135.00 in a report on Wednesday, July 16th. Bank of America increased their target price on Palantir Technologies from $150.00 to $180.00 and gave the stock a "buy" rating in a report on Tuesday. Royal Bank Of Canada upped their price objective on shares of Palantir Technologies from $40.00 to $45.00 and gave the stock an "underperform" rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Palantir Technologies from a "sell" rating to a "hold" rating and increased their price objective for the stock from $80.00 to $160.00 in a research note on Tuesday. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $136.61.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $181.46 on Thursday. The firm has a 50-day moving average of $143.23 and a 200-day moving average of $114.06. Palantir Technologies has a 52-week low of $26.69 and a 52-week high of $181.21. The stock has a market cap of $428.23 billion, a PE ratio of 601.74, a PEG ratio of 14.08 and a beta of 2.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $939.29 million. Palantir Technologies had a net margin of 22.18% and a return on equity of 10.75%. The company's quarterly revenue was up 48.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 earnings per share.

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 405,000 shares of the business's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $132.08, for a total value of $53,492,400.00. Following the completion of the sale, the insider directly owned 702,786 shares of the company's stock, valued at $92,823,974.88. The trade was a 36.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ryan D. Taylor sold 33,335 shares of Palantir Technologies stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $150.00, for a total transaction of $5,000,250.00. Following the completion of the sale, the insider directly owned 363,755 shares of the company's stock, valued at approximately $54,563,250. The trade was a 8.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,485,632 shares of company stock worth $191,222,623 over the last quarter. 9.23% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PLTR. Mechanics Financial Corp bought a new position in Palantir Technologies in the 1st quarter valued at $25,000. Signature Resources Capital Management LLC purchased a new stake in Palantir Technologies in the second quarter worth $25,000. Wealth Preservation Advisors LLC purchased a new stake in Palantir Technologies in the first quarter worth about $27,000. 1248 Management LLC bought a new position in Palantir Technologies in the first quarter worth $27,000. Finally, Briaud Financial Planning Inc bought a new stake in Palantir Technologies during the second quarter worth about $27,000. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Company Profile

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.

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