Q2 Earnings Forecast for PLTR Issued By DA Davidson

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 earnings estimates for shares of Palantir Technologies in a research report issued to clients and investors on Tuesday, May 6th. DA Davidson analyst G. Luria forecasts that the company will post earnings per share of $0.09 for the quarter. DA Davidson has a "Neutral" rating and a $115.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share.

Other analysts also recently issued research reports about the stock. Northland Securities increased their target price on shares of Palantir Technologies from $38.00 to $80.00 and gave the company a "market perform" rating in a research report on Tuesday, February 4th. Bank of America boosted their target price on Palantir Technologies from $90.00 to $125.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Wedbush set a $140.00 price objective on shares of Palantir Technologies and gave the company an "outperform" rating in a report on Tuesday, May 6th. Cantor Fitzgerald raised their price objective on Palantir Technologies from $98.00 to $110.00 and gave the company a "neutral" rating in a research note on Tuesday, May 6th. Finally, Daiwa America raised 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 assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Palantir Technologies presently has an average rating of "Hold" and an average price target of $83.95.

Palantir Technologies Stock Performance

Shares of PLTR stock traded down $1.79 on Wednesday, hitting $117.36. The company had a trading volume of 80,786,187 shares, compared to its average volume of 75,941,672. Palantir Technologies has a twelve month low of $20.60 and a twelve month high of $125.41. The firm has a market cap of $275.25 billion, a P/E ratio of 617.72, a P/E/G ratio of 10.84 and a beta of 2.68. The stock's 50-day moving average is $94.23 and its two-hundred day moving average is $82.26.

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

Insider Buying and Selling

In other news, insider Stephen Andrew Cohen sold 1,250,000 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $82.75, for a total value of $103,437,500.00. Following the completion of the sale, the insider now directly owns 592 shares in the company, valued at approximately $48,988. The trade was a 99.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the 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 transaction, the director now directly owns 61,339 shares in the company, valued at approximately $4,983,793.75. This represents a 1.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,978,181 shares of company stock worth $252,115,667. Corporate insiders own 9.23% of the company's stock.

Institutional Trading of Palantir Technologies

Institutional investors have recently added to or reduced their stakes in the business. Mather Group LLC. increased its stake in shares of Palantir Technologies by 101.4% during the fourth quarter. Mather Group LLC. now owns 890 shares of the company's stock valued at $67,000 after buying an additional 448 shares during the period. Diversify Wealth Management LLC bought a new position in Palantir Technologies in the 4th quarter valued at approximately $876,000. Destiny Wealth Partners LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter valued at $3,233,000. Kieckhefer Group LLC purchased a new position in shares of Palantir Technologies during the fourth quarter valued at approximately $11,769,000. Finally, Grange Capital LLC bought a new position in shares of Palantir Technologies during the 4th quarter valued at $5,829,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

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.