Q1 Earnings Forecast for PLTR Issued By Northland Capmk

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Stock analysts at Northland Capmk issued their Q1 2026 earnings per share estimates for Palantir Technologies in a report issued on Monday, June 9th. Northland Capmk analyst M. Latimore expects that the company will earn $0.08 per share for the quarter. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share. Northland Capmk also issued estimates for Palantir Technologies' Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.11 EPS and Q4 2026 earnings at $0.11 EPS.

A number of other analysts have also recently issued reports on PLTR. Cantor Fitzgerald raised their target price on Palantir Technologies from $98.00 to $110.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 6th. Citigroup raised their price objective on shares of Palantir Technologies from $110.00 to $115.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. Morgan Stanley upped their target price on shares of Palantir Technologies from $90.00 to $98.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Royal Bank of Canada reiterated an "underperform" rating on shares of Palantir Technologies in a research note on Tuesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft restated a "sell" rating on shares of Palantir Technologies in a research report on Tuesday, May 6th. Five investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $83.95.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR traded up $0.75 during trading on Tuesday, hitting $132.81. 69,112,277 shares of the company were exchanged, compared to its average volume of 79,997,397. Palantir Technologies has a 52-week low of $21.23 and a 52-week high of $135.28. The stock has a 50 day moving average of $110.90 and a 200 day moving average of $93.06. The company has a market cap of $313.42 billion, a PE ratio of 699.04, a P/E/G ratio of 10.84 and a beta of 2.64.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.13. The business had revenue of $883.86 million for the quarter, compared to analysts' expectations of $863.89 million. Palantir Technologies had a return on equity of 6.85% and a net margin of 16.13%. The firm's quarterly revenue was up 39.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.08 EPS.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently modified their holdings of PLTR. Mechanics Financial Corp purchased a new stake in Palantir Technologies in the 1st quarter worth approximately $25,000. Roxbury Financial LLC purchased a new stake in Palantir Technologies in the fourth quarter worth $27,000. Wealth Preservation Advisors LLC bought a new stake in Palantir Technologies in the first quarter valued at $27,000. 1248 Management LLC purchased a new position in Palantir Technologies during the 1st quarter valued at $27,000. Finally, HighMark Wealth Management LLC raised its holdings in Palantir Technologies by 73.5% in the 4th quarter. HighMark Wealth Management LLC now owns 392 shares of the company's stock worth $30,000 after purchasing an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

Insider Transactions at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 1,250,000 shares of Palantir Technologies stock in a transaction on Friday, March 14th. The shares were sold at an average price of $85.30, for a total value of $106,625,000.00. Following the transaction, the insider now directly owns 592 shares of the company's stock, valued at $50,497.60. The trade was a 99.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the company's stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $81.25, for a total transaction of $65,000.00. Following the sale, the director now owns 61,339 shares of the company's stock, valued at $4,983,793.75. This represents a 1.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,894,925 shares of company stock worth $369,820,528. 9.23% of the stock is currently owned by insiders.

Palantir Technologies Company Profile

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.