Research Analysts Offer Predictions for PLTR FY2025 Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) – Analysts at DA Davidson cut their FY2025 earnings estimates for Palantir Technologies in a research report issued on Tuesday, April 15th. DA Davidson analyst G. Luria now anticipates that the company will post earnings of $0.28 per share for the year, down from their prior estimate of $0.30. DA Davidson currently has a “Neutral” rating and a $100.00 target price on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.31 per share.

A number of other analysts have also issued reports on PLTR. Bank of America lifted their target price on Palantir Technologies from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Citigroup raised their price objective on Palantir Technologies from $42.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, February 5th. Jefferies Financial Group upped their target price on Palantir Technologies from $28.00 to $60.00 and gave the company an “underperform” rating in a research report on Tuesday, February 4th. Northland Securities raised their price target on shares of Palantir Technologies from $38.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 4th. Finally, Daiwa Capital Markets assumed coverage on shares of Palantir Technologies in a research note on Tuesday, April 1st. They issued a “neutral” rating and a $90.00 price target for the company. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $74.71.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $93.78 on Thursday. Palantir Technologies has a 12-month low of $20.33 and a 12-month high of $125.41. The company has a market capitalization of $219.95 billion, a price-to-earnings ratio of 493.60, a price-to-earnings-growth ratio of 10.84 and a beta of 2.74. The firm’s fifty day moving average price is $91.18 and its 200 day moving average price is $74.75.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Heather A. Planishek sold 13,891 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $115.96, for a total value of $1,610,800.36. Following the sale, the insider now owns 512,006 shares in the company, valued at approximately $59,372,215.76. This trade represents a 2.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the business’s stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $81.25, for a total value of $65,000.00. Following the transaction, the director now owns 61,339 shares of the company’s stock, valued at $4,983,793.75. This trade represents a 1.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,989,975 shares of company stock worth $253,328,090 in the last 90 days. 12.93% of the stock is currently owned by company insiders.

Institutional Trading of Palantir Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. M&T Bank Corp boosted its position in shares of Palantir Technologies by 37.0% in the 3rd quarter. M&T Bank Corp now owns 170,043 shares of the company’s stock valued at $6,326,000 after purchasing an additional 45,965 shares during the period. World Investment Advisors LLC acquired a new position in Palantir Technologies in the 3rd quarter worth about $347,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of Palantir Technologies by 48.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 17,538 shares of the company’s stock valued at $652,000 after buying an additional 5,747 shares during the last quarter. Synovus Financial Corp increased its stake in shares of Palantir Technologies by 85.9% during the 3rd quarter. Synovus Financial Corp now owns 17,898 shares of the company’s stock worth $666,000 after purchasing an additional 8,270 shares during the last quarter. Finally, Tri Ri Asset Management Corp bought a new position in Palantir Technologies during the third quarter valued at about $23,403,000. 45.65% of the stock is owned by institutional investors and hedge funds.

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.