Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) – Wedbush issued their Q1 2026 earnings per share (EPS) estimates for shares of Palantir Technologies in a research report issued to clients and investors on Tuesday, February 4th. Wedbush analyst D. Ives anticipates that the company will earn $0.07 per share for the quarter. Wedbush has a “Outperform” rating and a $90.00 price objective on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.19 per share. Wedbush also issued estimates for Palantir Technologies’ Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS and Q4 2026 earnings at $0.08 EPS.
Other equities analysts also recently issued research reports about the company. Northland Securities upped their price target on Palantir Technologies from $38.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday. Jefferies Financial Group increased their price objective on Palantir Technologies from $28.00 to $60.00 and gave the company an “underperform” rating in a report on Tuesday. Royal Bank of Canada increased their price objective on Palantir Technologies from $11.00 to $40.00 and gave the company an “underperform” rating in a report on Tuesday. The Goldman Sachs Group increased their price objective on Palantir Technologies from $16.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Citigroup increased their price objective on Palantir Technologies from $42.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $69.44.
Palantir Technologies Stock Down 0.4 %
NASDAQ:PLTR opened at $110.85 on Thursday. Palantir Technologies has a twelve month low of $20.33 and a twelve month high of $116.30. The business has a 50 day moving average price of $76.46 and a two-hundred day moving average price of $52.67. The company has a market cap of $252.52 billion, a P/E ratio of 554.28, a price-to-earnings-growth ratio of 7.54 and a beta of 2.81.
Hedge Funds Weigh In On Palantir Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwest Investment Counselors LLC acquired a new position in shares of Palantir Technologies in the third quarter worth approximately $25,000. Prestige Wealth Management Group LLC increased its holdings in Palantir Technologies by 747.1% in the third quarter. Prestige Wealth Management Group LLC now owns 737 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares in the last quarter. Roxbury Financial LLC bought a new stake in Palantir Technologies in the fourth quarter worth approximately $27,000. First PREMIER Bank bought a new stake in Palantir Technologies in the fourth quarter worth approximately $28,000. Finally, Wolff Wiese Magana LLC increased its holdings in Palantir Technologies by 230.4% in the fourth quarter. Wolff Wiese Magana LLC now owns 380 shares of the company’s stock worth $29,000 after purchasing an additional 265 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Lauren Elaina Friedman Stat sold 11,794 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $102.80, for a total value of $1,212,423.20. Following the transaction, the director now directly owns 88,129 shares of the company’s stock, valued at $9,059,661.20. The trade was a 11.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alexander C. Karp sold 4,500,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $63.10, for a total value of $283,950,000.00. Following the completion of the transaction, the insider now directly owns 6,432,258 shares in the company, valued at approximately $405,875,479.80. This represents a 41.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,656,687 shares of company stock valued at $1,040,105,687. 12.93% 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.
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