What is DA Davidson's Forecast for PLTR FY2026 Earnings?

Key Points

• DA Davidson has raised its FY2026 earnings per share estimate for Palantir Technologies from $0.48 to $0.74, maintaining a "Neutral" rating and a $215.00 price target.
• Palantir reported quarterly earnings of $0.21 EPS, exceeding estimates of $0.17 and showing a 62.8% year-over-year revenue increase to $1.18 billion.
• As of now, Palantir has an average price target of $169.44, with five analysts rating it as a Buy, sixteen as Hold, and two as Sell.

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Equities research analysts at DA Davidson raised their FY2026 earnings per share estimates for Palantir Technologies in a report released on Tuesday, November 4th. DA Davidson analyst G. Luria now anticipates that the company will earn $0.74 per share for the year, up from their prior estimate of $0.48. DA Davidson has a "Neutral" rating and a $215.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the company posted $0.10 earnings per share. The firm's revenue was up 62.8% on a year-over-year basis. Palantir Technologies has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

A number of other research firms also recently commented on PLTR. Deutsche Bank Aktiengesellschaft increased their price objective on Palantir Technologies from $160.00 to $200.00 and gave the stock a "hold" rating in a report on Tuesday. Citigroup upped their target price on Palantir Technologies from $190.00 to $210.00 and gave the stock a "neutral" rating in a research report on Wednesday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Palantir Technologies in a research report on Wednesday, October 8th. UBS Group upped their target price on Palantir Technologies from $165.00 to $205.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Royal Bank Of Canada upped their target price on Palantir Technologies from $45.00 to $50.00 and gave the stock an "underperform" rating in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $169.44.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $187.90 on Thursday. The stock's 50 day moving average price is $176.97 and its 200 day moving average price is $152.92. Palantir Technologies has a 52 week low of $51.61 and a 52 week high of $207.52. The company has a market capitalization of $445.76 billion, a P/E ratio of 447.39, a P/E/G ratio of 10.11 and a beta of 2.63.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Consulate Inc. acquired a new position in Palantir Technologies during the third quarter worth $30,000. Retirement Wealth Solutions LLC acquired a new position in Palantir Technologies during the third quarter worth $31,000. Flagship Wealth Advisors LLC acquired a new position in Palantir Technologies during the third quarter worth $32,000. Signature Resources Capital Management LLC acquired a new position in Palantir Technologies during the second quarter worth $25,000. Finally, Marquette Asset Management LLC acquired a new position in Palantir Technologies during the third quarter worth $34,000. 45.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 30,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $159.55, for a total value of $4,786,500.00. Following the completion of the sale, the insider directly owned 702,786 shares of the company's stock, valued at approximately $112,129,506.30. This represents a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey Buckley sold 2,803 shares of the firm's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $157.00, for a total value of $440,071.00. Following the completion of the transaction, the insider directly owned 50,961 shares of the company's stock, valued at approximately $8,000,877. This trade represents a 5.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,527,750 shares of company stock valued at $234,463,896 in the last ninety days. Company insiders own 9.23% of the company's stock.

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.

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