Q2 2025 EPS Estimates for Palantir Technologies Inc. (NYSE:PLTR) Cut by Wedbush

Palantir Technologies Inc. (NYSE:PLTR - Free Report) - Equities researchers at Wedbush cut their Q2 2025 earnings per share (EPS) estimates for Palantir Technologies in a research note issued to investors on Tuesday, May 7th. Wedbush analyst D. Ives now forecasts that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.06. Wedbush has a "Outperform" rating and a $35.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.16 per share. Wedbush also issued estimates for Palantir Technologies' Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.06 EPS and FY2025 earnings at $0.23 EPS.

Palantir Technologies (NYSE:PLTR - Get Free Report) last announced its 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 return on equity of 6.17% and a net margin of 9.43%. The firm had revenue of $608.35 million for the quarter, compared to the consensus estimate of $603.48 million.

Other equities analysts have also recently issued reports about the company. William Blair restated an "underperform" rating on shares of Palantir Technologies in a report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Palantir Technologies from $18.00 to $20.00 and gave the company a "sell" rating in a research note on Tuesday. Bank of America raised their target price on Palantir Technologies from $24.00 to $28.00 and gave the company a "buy" rating in a research note on Wednesday, March 6th. Jefferies Financial Group raised shares of Palantir Technologies from an "underperform" rating to a "hold" rating and raised their price target for the company from $13.00 to $22.00 in a research report on Tuesday, February 6th. Finally, HSBC boosted their price objective on Palantir Technologies from $22.00 to $23.00 and gave the stock a "hold" rating in a report on Tuesday. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $20.65.

Palantir Technologies Stock Performance

Shares of NYSE:PLTR traded down $0.52 during midday trading on Friday, reaching $20.62. The company's stock had a trading volume of 59,618,139 shares, compared to its average volume of 63,520,242. The firm has a 50 day moving average price of $23.20 and a two-hundred day moving average price of $20.36. Palantir Technologies has a fifty-two week low of $9.02 and a fifty-two week high of $27.50. The firm has a market capitalization of $45.63 billion, a price-to-earnings ratio of 231.36, a PEG ratio of 5.72 and a beta of 2.76.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 29,168 shares of Palantir Technologies stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $25.00, for a total transaction of $729,200.00. Following the completion of the transaction, the insider now owns 752,786 shares of the company's stock, valued at approximately $18,819,650. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Palantir Technologies news, Director Peter Thiel sold 5,000,000 shares of the company's stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $20.78, for a total value of $103,900,000.00. Following the transaction, the director now directly owns 15,733,625 shares in the company, valued at approximately $326,944,727.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shyam Sankar sold 29,168 shares of the business's stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $25.00, for a total value of $729,200.00. Following the transaction, the insider now directly owns 752,786 shares of the company's stock, valued at approximately $18,819,650. The disclosure for this sale can be found here. Insiders have sold 18,487,106 shares of company stock valued at $416,394,919 in the last 90 days. 13.96% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Palantir Technologies by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 196,834,580 shares of the company's stock worth $4,529,164,000 after acquiring an additional 3,029,317 shares during the last quarter. Morgan Stanley lifted its position in Palantir Technologies by 26.1% in the 3rd quarter. Morgan Stanley now owns 22,614,555 shares of the company's stock worth $361,833,000 after buying an additional 4,675,824 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Palantir Technologies by 15.7% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,571,224 shares of the company's stock worth $335,284,000 after buying an additional 1,980,495 shares in the last quarter. Northern Trust Corp grew its position in Palantir Technologies by 5.5% during the third quarter. Northern Trust Corp now owns 11,498,685 shares of the company's stock valued at $183,979,000 after acquiring an additional 601,012 shares during the last quarter. Finally, ARK Investment Management LLC raised its stake in shares of Palantir Technologies by 16.1% during the fourth quarter. ARK Investment Management LLC now owns 10,937,859 shares of the company's stock worth $187,803,000 after acquiring an additional 1,514,232 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

About Palantir Technologies

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.