Phillip Securities Has Lowered Expectations for Palantir Technologies (NASDAQ:PLTR) Stock Price

Key Points

• Phillip Securities cut its price target on Palantir to $190 from $208 but kept a "buy" rating, implying roughly a 29% upside from the prior close.
• Palantir recently beat quarterly estimates (EPS $0.25 vs. $0.23; revenue $1.41B, up 70% YoY) and announced material commercial and defense wins—most notably an expanded Stellantis deal and the DoD designating Maven as a program of record—supporting revenue visibility.
• Significant insider selling (over 1.04M shares sold last quarter, including a ~$43.7M sale by Stephen Cohen) alongside stretched valuation metrics (P/E ~233.6 and high price/sales) highlights downside and volatility risk despite analyst enthusiasm.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) had its price objective reduced by Phillip Securities from $208.00 to $190.00 in a research note issued to investors on Wednesday,MarketScreener reports. The firm presently has a "buy" rating on the stock. Phillip Securities' target price points to a potential upside of 29.02% from the stock's previous close.

A number of other equities research analysts have also recently commented on PLTR. Robert W. Baird upgraded shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 target price on the stock in a research note on Tuesday, February 3rd. DA Davidson lowered their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 3rd. Argus upgraded Palantir Technologies to a "hold" rating in a research note on Monday, February 9th. HSBC raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 price objective for the company in a research note on Tuesday, February 3rd. Finally, Northland Securities raised Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price target on the stock in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $197.77.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR traded up $0.98 during midday trading on Wednesday, hitting $147.26. 11,397,551 shares of the company's stock traded hands, compared to its average volume of 49,377,254. The stock has a market capitalization of $352.21 billion, a price-to-earnings ratio of 233.62, a price-to-earnings-growth ratio of 2.73 and a beta of 1.70. The firm has a fifty day moving average of $146.95 and a 200 day moving average of $168.18. Palantir Technologies has a 1 year low of $66.12 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the firm posted $0.14 EPS. The company's revenue for the quarter was up 70.0% compared to the same quarter last year. On average, equities analysts anticipate that Palantir Technologies will post 0.31 earnings per share for the current year.

Insider Transactions at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Glazer sold 17,438 shares of the business's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock worth $140,539,043 in the last quarter. Company insiders own 12.93% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PLTR. Revolve Wealth Partners LLC bought a new stake in Palantir Technologies during the 4th quarter valued at $450,000. Bison Wealth LLC grew its holdings in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC lifted its position in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after purchasing an additional 4,722 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock valued at $858,000 after purchasing an additional 1,694 shares in the last quarter. Finally, Edgestream Partners L.P. raised its stake in Palantir Technologies by 132.3% in the second quarter. Edgestream Partners L.P. now owns 14,749 shares of the company's stock worth $2,011,000 after buying an additional 8,401 shares in the last quarter. Institutional investors 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: Stellantis renewed and expanded a multi‑year agreement to deploy Palantir Foundry and its AI Platform across broader manufacturing and operations — a sizable commercial customer win that supports recurring revenue and AIP adoption. Why Is Palantir Technologies (PLTR) Stock Rocketing Higher Today
• Positive Sentiment: The expanded Stellantis relationship was also covered as a five‑year extension through 2031, underlining material commercial traction outside government. This helps validate Palantir’s move into industrial/automotive AI use cases. Stellantis Balances Mexico Production Risk With Expanded Palantir AI Partnership
• Positive Sentiment: The U.S. Department of Defense designated Palantir’s Maven Smart System as a formal program of record — a strategic defense milestone that implies multi‑year procurement, deeper government lock‑in, and revenue visibility. Does Palantir's Massive Military AI Score Justify Buying the Stock at These Prices?
• Positive Sentiment: Mizuho and other bullish analyst commentary (Outperform ratings, higher targets) reinforce the growth narrative and give buyers cover amid the rally. Palantir (PLTR) Rated Outperform on Strong Enterprise Demand
• Neutral Sentiment: Wall Street and finance sites published mixed 2026 price targets driven by different assumptions about AIP adoption and margins — consensus is not uniform, leaving upside estimates dispersed. Finance experts predict Palantir's stock price for end of 2026
• Neutral Sentiment: Coverage comparing Palantir to peers (Oracle, Snowflake) and sector rotation commentary highlights both opportunity and competition in enterprise AI — useful context but not an immediate price driver. Better Artificial Intelligence Stock: Palantir vs. Oracle
• Negative Sentiment: Valuation scrutiny intensified after a report flagged an extremely high price/sales reading — reminders that PLTR trades at a premium and is vulnerable to momentum reversals if growth or margin execution slips. Palantir (PLTR) Traded at 100+ Price/Sales Ratio
• Negative Sentiment: High‑profile skepticism and short interest (noted by commentators like Michael Burry) keep downside risk visible; several pieces also note PLTR remains well below its recent highs and could be volatile if expectations slip. Michael Burry Says 'Shorts Are Not Forever' As Palantir, Nvidia Stocks Wrap A Rough Quarter

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir's product portfolio centers on a small number of core platforms.

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