Analysts Offer Predictions for PLTR FY2026 Earnings

Key Points

• Northland raised its FY2026 EPS estimate for Palantir to $1.35 from $1.24, close to the $1.36 analyst consensus; it forecasts FY2027 EPS of $1.58.
• Palantir beat its latest quarterly estimates, reporting EPS of $0.44 and revenue of $2.31 billion, up 95.9% year over year. However, concerns about slowing contract bookings could challenge continued growth.
• Analyst sentiment is broadly positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $214.53. The article also notes Palantir’s high valuation and the stock’s recent trading well below its 52-week high.

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Equities researchers at Northland Securities increased their FY2026 earnings estimates for Palantir Technologies in a research report issued to clients and investors on Tuesday, November 3rd. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of $1.35 for the year, up from their previous estimate of $1.24. The consensus estimate for Palantir Technologies' current full-year earnings is $1.36 per share. Northland Securities also issued estimates for Palantir Technologies' Q4 2026 earnings at $0.41 EPS, Q1 2027 earnings at $0.34 EPS, Q2 2027 earnings at $0.36 EPS, Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.48 EPS and FY2027 earnings at $1.58 EPS.

Several other equities analysts have also commented on PLTR. Benchmark reaffirmed a "hold" rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Mizuho raised their price target on Palantir Technologies from $215.00 to $245.00 and gave the stock an "outperform" rating in a report on Thursday, October 15th. KeyCorp reissued a "sector weight" rating on shares of Palantir Technologies in a report on Wednesday. Piper Sandler restated an "overweight" rating and set a $235.00 price objective (up from $231.00) on shares of Palantir Technologies in a research report on Tuesday, November 3rd. Finally, JPMorgan Chase & Co. initiated coverage on Palantir Technologies in a research note on Thursday, October 29th. They set an "overweight" rating and a $262.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $214.53.

Palantir Technologies Price Performance

PLTR opened at $160.38 on Monday. The firm has a market cap of $385.40 billion, a price-to-earnings ratio of 112.15, a price-to-earnings-growth ratio of 3.24 and a beta of 1.65. Palantir Technologies has a fifty-two week low of $106.37 and a fifty-two week high of $212.94. The company's 50-day moving average price is $185.88 and its 200 day moving average price is $153.74.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company earned $0.21 earnings per share. Palantir Technologies's quarterly revenue was up 95.9% on a year-over-year basis.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the firm's stock in a transaction that occurred on 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 sale, the insider owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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, insider Ryan Taylor sold 18,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $201.15, for a total value of $3,620,700.00. Following the sale, the insider directly owned 274,667 shares in the company, valued at approximately $55,249,267.05. This trade represents a 6.15% 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. Insiders have sold 523,716 shares of company stock worth $92,212,379 in the last quarter. 9.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its holdings in shares of Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company's stock worth $22,146,030,000 after purchasing an additional 757,322 shares during the period. State Street Corp increased its stake in Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company's stock worth $12,190,903,000 after buying an additional 2,863,874 shares during the period. Bank of America Corp DE raised its stake in shares of Palantir Technologies by 1.0% during the second quarter. Bank of America Corp DE now owns 19,020,265 shares of the company's stock valued at $2,219,094,000 after acquiring an additional 180,486 shares in the last quarter. Amundi lifted its holdings in shares of Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company's stock worth $2,056,082,000 after buying an additional 1,212,653 shares during the period. Finally, Jennison Associates LLC bought a new position in Palantir Technologies during the 1st quarter worth about $1,574,111,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir beat Q3 earnings and revenue estimates, with revenue up 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales also exceeded government sales for the first time, underscoring the potential to broaden its customer base. Palantir Q3 results and outlook
• Negative Sentiment: The main concern is slowing bookings: total contract value growth reportedly decelerated sharply, including in U.S. commercial business. Investors worry this could weaken the revenue pipeline and make it harder to sustain Palantir’s rapid growth. Commercial bookings slowdown
• Negative Sentiment: Palantir is also caught in a broader sell-off in AI-related software stocks. Its premium valuation may leave little room for any slowdown or disappointment, while concerns about government and defense spending add uncertainty. Contract growth warning

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.

Founded in 2003, Palantir initially focused on software for government and intelligence work and later expanded its commercial business.

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