Q2 EPS Forecast for Palantir Technologies Cut by Analyst

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Equities researchers at William Blair cut their Q2 2025 earnings estimates for shares of Palantir Technologies in a research note issued to investors on Monday, May 5th. William Blair analyst L. Dipalma now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their prior estimate of $0.10. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share. William Blair also issued estimates for Palantir Technologies' Q3 2025 earnings at $0.10 EPS and FY2026 earnings at $0.60 EPS.

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

Several other research analysts also recently weighed in on PLTR. Royal Bank of Canada reissued an "underperform" rating on shares of Palantir Technologies in a research note on Tuesday, May 6th. Cantor Fitzgerald boosted their price target on shares of Palantir Technologies from $98.00 to $110.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Mizuho lifted their price target on Palantir Technologies from $80.00 to $94.00 and gave the company an "underperform" rating in a report on Tuesday, May 6th. Jefferies Financial Group raised their price target on Palantir Technologies from $28.00 to $60.00 and gave the company an "underperform" rating in a research report on Tuesday, February 4th. Finally, Daiwa America raised shares of Palantir Technologies to a "hold" rating in a report on Tuesday, April 1st. Five investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have assigned 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 $83.95.

Palantir Technologies Stock Down 0.1%

NASDAQ:PLTR traded down $0.17 during mid-day trading on Thursday, reaching $117.13. 68,136,653 shares of the stock were exchanged, compared to its average volume of 75,920,532. The company has a 50 day simple moving average of $94.23 and a 200-day simple moving average of $82.54. Palantir Technologies has a 1 year low of $20.60 and a 1 year high of $125.41. The stock has a market capitalization of $274.71 billion, a P/E ratio of 617.89, a P/E/G ratio of 10.84 and a beta of 2.68.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 1,250,000 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $82.75, for a total value of $103,437,500.00. Following the completion of the transaction, the insider now directly owns 592 shares of the company's stock, valued at $48,988. This trade represents a 99.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Heather A. Planishek sold 13,891 shares of the firm's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $115.96, for a total transaction of $1,610,800.36. Following the sale, the insider now directly owns 512,006 shares of the company's stock, valued at approximately $59,372,215.76. The trade was a 2.64% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,978,181 shares of company stock valued at $252,115,667. 9.23% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Palantir Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Frank Rimerman Advisors LLC lifted its position in Palantir Technologies by 6.0% during the first quarter. Frank Rimerman Advisors LLC now owns 29,943 shares of the company's stock worth $2,527,000 after acquiring an additional 1,682 shares during the last quarter. Koss Olinger Consulting LLC increased its holdings in shares of Palantir Technologies by 1.6% during the first quarter. Koss Olinger Consulting LLC now owns 20,172 shares of the company's stock worth $1,703,000 after buying an additional 308 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Palantir Technologies during the 1st quarter worth approximately $17,080,000. MUFG Securities EMEA plc bought a new stake in shares of Palantir Technologies in the first quarter worth $34,604,000. Finally, Zions Bancorporation National Association UT bought a new stake in Palantir Technologies in the first quarter valued at approximately $345,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

About Palantir Technologies

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.