FY2026 EPS Estimate for Palantir Technologies Cut by Analyst

Palantir Technologies Inc. (NASDAQ:PLTR) – Investment analysts at DA Davidson cut their FY2026 earnings per share (EPS) estimates for Palantir Technologies in a research note issued on Tuesday, April 15th. DA Davidson analyst G. Luria now forecasts that the company will post earnings per share of $0.20 for the year, down from their prior forecast of $0.26. DA Davidson has a “Neutral” rating and a $100.00 price target on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.31 per share.

Several other analysts also recently weighed in on the company. Northland Securities lifted their target price on Palantir Technologies from $38.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 4th. Robert W. Baird lifted their price target on shares of Palantir Technologies from $70.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, February 4th. UBS Group increased their price objective on Palantir Technologies from $80.00 to $105.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. Bank of America lifted 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. Finally, 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 note on Tuesday, February 4th. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $74.71.

Palantir Technologies Trading Up 1.2 %

Shares of NASDAQ:PLTR opened at $93.78 on Wednesday. The company has a market capitalization of $219.95 billion, a price-to-earnings ratio of 493.60, a PEG ratio of 10.84 and a beta of 2.74. Palantir Technologies has a 12 month low of $20.33 and a 12 month high of $125.41. The firm’s 50-day moving average is $91.56 and its 200 day moving average is $74.35.

Institutional Trading of Palantir Technologies

A number of institutional investors and hedge funds have recently modified their holdings of PLTR. Mather Group LLC. increased its holdings in shares of Palantir Technologies by 101.4% in the fourth quarter. Mather Group LLC. now owns 890 shares of the company’s stock valued at $67,000 after purchasing an additional 448 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in Palantir Technologies in the fourth quarter valued at $876,000. Destiny Wealth Partners LLC purchased a new position in Palantir Technologies in the fourth quarter valued at approximately $3,233,000. Kieckhefer Group LLC purchased a new position in shares of Palantir Technologies during the fourth quarter worth about $11,769,000. Finally, Grange Capital LLC acquired a new position in Palantir Technologies during the fourth quarter worth approximately $5,829,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 1,250,000 shares of Palantir Technologies stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $82.75, for a total transaction of $103,437,500.00. Following the completion of the transaction, the insider now owns 592 shares in the company, valued at approximately $48,988. This trade represents a 99.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lauren Elaina Friedman Stat sold 11,794 shares of the company’s stock in a transaction dated 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 completion of the sale, the director now owns 88,129 shares in the company, valued at $9,059,661.20. The trade was a 11.80 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,989,975 shares of company stock worth $253,328,090. 12.93% of the stock is currently owned by insiders.

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.