Wedbush Research Analysts Raise Earnings Estimates for PLTR

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Investment analysts at Wedbush raised their Q3 2025 earnings estimates for shares of Palantir Technologies in a research report issued on Tuesday, May 6th. Wedbush analyst D. Ives now anticipates that the company will post earnings per share of $0.08 for the quarter, up from their previous estimate of $0.07. Wedbush has a "Outperform" rating and a $140.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share. Wedbush also issued estimates for Palantir Technologies' FY2025 earnings at $0.37 EPS and FY2026 earnings at $0.30 EPS.

A number of other research analysts also recently weighed in on the stock. Citigroup increased their target price 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. The Goldman Sachs Group lifted their target price on shares of Palantir Technologies from $80.00 to $90.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Robert W. Baird lifted their target price on shares of Palantir Technologies from $70.00 to $100.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 4th. UBS Group raised their price target on shares of Palantir Technologies from $105.00 to $110.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Finally, Daiwa America raised shares of Palantir Technologies to a "hold" rating in a report on Tuesday, April 1st. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $83.95.

Palantir Technologies Trading Up 9.4%

PLTR stock traded up $11.19 during midday trading on Friday, hitting $129.65. The stock had a trading volume of 128,652,070 shares, compared to its average volume of 104,027,867. The business has a fifty day moving average price of $94.80 and a two-hundred day moving average price of $83.05. Palantir Technologies has a 1-year low of $20.63 and a 1-year high of $130.60. The firm has a market cap of $304.08 billion, a P/E ratio of 682.40, a price-to-earnings-growth ratio of 10.84 and a beta of 2.68.

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 net margin of 16.13% and a return on equity of 6.85%. The firm's quarterly revenue was up 39.4% compared to the same quarter last year. During the same period last year, the firm posted $0.08 earnings per share.

Institutional Investors Weigh In On Palantir Technologies

A number of large investors have recently made changes to their positions in the business. Nations Financial Group Inc. IA ADV grew its position in shares of Palantir Technologies by 93.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 42,334 shares of the company's stock worth $3,573,000 after buying an additional 20,449 shares during the last quarter. American Century Companies Inc. grew its position in shares of Palantir Technologies by 0.9% in the 1st quarter. American Century Companies Inc. now owns 4,528,629 shares of the company's stock worth $382,216,000 after buying an additional 39,131 shares during the last quarter. Ethic Inc. grew its position in shares of Palantir Technologies by 8.0% in the 1st quarter. Ethic Inc. now owns 88,972 shares of the company's stock worth $7,534,000 after buying an additional 6,612 shares during the last quarter. Howard Wealth Management LLC grew its position in shares of Palantir Technologies by 0.5% in the 1st quarter. Howard Wealth Management LLC now owns 33,201 shares of the company's stock worth $2,802,000 after buying an additional 156 shares during the last quarter. Finally, Leigh Baldwin & CO. LLC bought a new stake in shares of Palantir Technologies during the first quarter valued at approximately $209,000. 45.65% of the stock is currently owned by institutional investors.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Heather A. Planishek sold 18,537 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $102.32, for a total value of $1,896,705.84. Following the completion of the transaction, the insider now owns 493,469 shares in the company, valued at $50,491,748.08. This represents a 3.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lauren Elaina Friedman Stat sold 800 shares of Palantir Technologies stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $81.25, for a total value of $65,000.00. Following the transaction, the director now directly owns 61,339 shares of the company's stock, valued at $4,983,793.75. The trade was a 1.29% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,964,290 shares of company stock valued at $250,504,866 in the last ninety days. 9.23% of the stock is currently owned by corporate 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.