FY2025 EPS Estimates for PLTR Boosted by Cantor Fitzgerald

Key Points

• Analysts at Cantor Fitzgerald have raised their FY2025 earnings per share estimate for Palantir Technologies from $0.34 to $0.42, maintaining a "Neutral" rating with a price target of $155.00.
• Palantir reported earnings of $0.16 per share for the last quarter, outperforming the consensus estimate of $0.14, with revenues reaching $1 billion, a 48% increase from the previous year.
• Institutional investors now hold approximately 45.65% of Palantir's stock, with several brokerages updating their price targets, indicating a mixed view on the stock's performance.

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Cantor Fitzgerald boosted their FY2025 earnings per share estimates for Palantir Technologies in a report issued on Tuesday, August 5th. Cantor Fitzgerald analyst T. Blakey now forecasts that the company will post earnings of $0.42 per share for the year, up from their prior forecast of $0.34. Cantor Fitzgerald currently has a "Neutral" rating and a $155.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share. Cantor Fitzgerald also issued estimates for Palantir Technologies' FY2026 earnings at $0.54 EPS.

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, topping the consensus estimate of $0.14 by $0.02. Palantir Technologies had a net margin of 22.18% and a return on equity of 10.75%. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $939.29 million. During the same period in the previous year, the firm earned $0.09 EPS. The business's revenue for the quarter was up 48.0% compared to the same quarter last year.

Other research analysts have also issued reports about the stock. Wedbush set a $200.00 target price on shares of Palantir Technologies and gave the company an "outperform" rating in a report on Tuesday. UBS Group reiterated a "neutral" rating and set a $165.00 target price (up from $110.00) on shares of Palantir Technologies in a research report on Tuesday. Piper Sandler set a $182.00 price target on shares of Palantir Technologies in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a "sell" rating to a "hold" rating and boosted their price target for the company from $80.00 to $160.00 in a research report on Tuesday. Finally, Royal Bank Of Canada lifted their price objective on Palantir Technologies from $40.00 to $45.00 and gave the company an "underperform" rating in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $136.61.

Palantir Technologies Trading Up 1.5%

Shares of NASDAQ PLTR traded up $2.66 during trading on Wednesday, reaching $182.20. The company had a trading volume of 77,586,531 shares, compared to its average volume of 60,547,432. The stock has a market capitalization of $429.98 billion, a PE ratio of 607.35, a price-to-earnings-growth ratio of 13.07 and a beta of 2.60. Palantir Technologies has a twelve month low of $26.69 and a twelve month high of $184.48. The stock has a 50-day moving average price of $144.43 and a two-hundred day moving average price of $114.82.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 30,812 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $126.39, for a total value of $3,894,328.68. Following the transaction, the insider owned 495,497 shares in the company, valued at $62,625,865.83. The trade was a 5.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Stephen Andrew Cohen sold 309,696 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $126.39, for a total transaction of $39,142,477.44. Following the completion of the sale, the insider directly owned 592 shares of the company's stock, valued at $74,822.88. This represents a 99.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,515,632 shares of company stock worth $196,472,623. 9.23% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PLTR. Mechanics Financial Corp bought a new position in Palantir Technologies in the first quarter valued at about $25,000. Signature Resources Capital Management LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at $25,000. Wealth Preservation Advisors LLC bought a new stake in shares of Palantir Technologies in the first quarter worth about $27,000. 1248 Management LLC bought a new position in Palantir Technologies in the first quarter valued at approximately $27,000. Finally, Briaud Financial Planning Inc bought a new stake in Palantir Technologies in the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 45.65% of the company's stock.

About Palantir Technologies

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.