Brokers Offer Predictions for Palantir Technologies Inc.'s FY2025 Earnings (NYSE:PLTR)

Palantir Technologies Inc. (NYSE:PLTR - Free Report) - Equities researchers at DA Davidson increased their FY2025 earnings per share (EPS) estimates for Palantir Technologies in a research report issued on Tuesday, May 7th. DA Davidson analyst G. Luria now anticipates that the company will post earnings per share of $0.25 for the year, up from their prior forecast of $0.23. DA Davidson currently has a "Neutral" rating and a $24.00 target price on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.16 per share.

Palantir Technologies (NYSE:PLTR - Get Free Report) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). Palantir Technologies had a net margin of 9.43% and a return on equity of 6.17%. The firm had revenue of $608.35 million during the quarter, compared to analysts' expectations of $603.48 million.

Other analysts have also recently issued research reports about the company. Royal Bank of Canada lifted their price objective on Palantir Technologies from $5.00 to $9.00 and gave the stock an "underperform" rating in a research report on Tuesday. Mizuho lifted their price objective on Palantir Technologies from $18.00 to $21.00 and gave the stock a "neutral" rating in a research report on Thursday, March 7th. Deutsche Bank Aktiengesellschaft lifted their price objective on Palantir Technologies from $18.00 to $20.00 and gave the stock a "sell" rating in a research report on Tuesday. William Blair reiterated an "underperform" rating on shares of Palantir Technologies in a research report on Tuesday. Finally, HSBC upped their price objective on shares of Palantir Technologies from $22.00 to $23.00 and gave the company a "hold" rating in a research note on Tuesday. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Palantir Technologies presently has a consensus rating of "Hold" and a consensus target price of $20.65.

Palantir Technologies Stock Performance

Palantir Technologies stock traded up $0.16 during midday trading on Wednesday, reaching $21.56. 67,428,772 shares of the company were exchanged, compared to its average volume of 63,667,637. The company has a market capitalization of $47.71 billion, a price-to-earnings ratio of 237.92, a P/E/G ratio of 5.72 and a beta of 2.76. The firm's 50-day simple moving average is $23.34 and its 200-day simple moving average is $20.35. Palantir Technologies has a 1 year low of $8.65 and a 1 year high of $27.50.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, Director Alexander D. Moore sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $22.02, for a total value of $440,400.00. Following the transaction, the director now directly owns 1,595,519 shares of the company's stock, valued at approximately $35,133,328.38. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Palantir Technologies news, Director Alexander D. Moore sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $22.02, for a total value of $440,400.00. Following the transaction, the director now directly owns 1,595,519 shares of the company's stock, valued at approximately $35,133,328.38. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shyam Sankar sold 29,168 shares of the company's stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $25.00, for a total value of $729,200.00. Following the completion of the transaction, the insider now directly owns 752,786 shares in the company, valued at $18,819,650. The disclosure for this sale can be found here. Insiders have sold a total of 7,356,273 shares of company stock valued at $182,143,602 in the last three months. Corporate insiders own 13.96% of the company's stock.

Institutional Investors Weigh In On Palantir Technologies

Large investors have recently added to or reduced their stakes in the stock. Halpern Financial Inc. boosted its position in Palantir Technologies by 44.0% during the 1st quarter. Halpern Financial Inc. now owns 1,440 shares of the company's stock worth $33,000 after acquiring an additional 440 shares during the period. Harbor Investment Advisory LLC increased its holdings in shares of Palantir Technologies by 16.9% during the first quarter. Harbor Investment Advisory LLC now owns 3,208 shares of the company's stock valued at $74,000 after purchasing an additional 463 shares during the period. Principle Wealth Partners LLC increased its holdings in shares of Palantir Technologies by 4.8% during the first quarter. Principle Wealth Partners LLC now owns 10,481 shares of the company's stock valued at $241,000 after purchasing an additional 481 shares during the period. GSB Wealth Management LLC increased its holdings in shares of Palantir Technologies by 4.6% during the first quarter. GSB Wealth Management LLC now owns 13,475 shares of the company's stock valued at $310,000 after purchasing an additional 595 shares during the period. Finally, Fiduciary Alliance LLC increased its holdings in shares of Palantir Technologies by 1.0% during the fourth quarter. Fiduciary Alliance LLC now owns 60,776 shares of the company's stock valued at $1,044,000 after purchasing an additional 618 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Company Profile

Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.