Palantir Technologies (NASDAQ:PLTR) Stock Price Down 1.5% – Here’s What Happened

Palantir Technologies Inc. (NASDAQ:PLTR)’s share price dropped 1.5% during mid-day trading on Tuesday . The company traded as low as $166.24 and last traded at $168.4530. Approximately 36,200,224 shares were traded during trading, a decline of 10% from the average daily volume of 40,178,188 shares. The stock had previously closed at $170.96.

Key Stories Impacting Palantir Technologies

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Large commercial win — HD Hyundai expanded a group‑wide strategic partnership to deploy Foundry and Palantir’s AIP across the conglomerate, a multi‑hundred‑million‑dollar deal that boosts near‑term revenue visibility and provides a major reference customer in Asia. HD Hyundai and Palantir Expand Group-Wide Strategic Partnership
• Positive Sentiment: Analyst support rising — several firms (notably Citigroup and Truist) have recently upgraded or raised PLTR price targets, increasing institutional attention and helping justify the stock’s premium multiple. ‘Time to Get Back In,’ Says Citigroup About Palantir (PLTR) Stock
• Positive Sentiment: Institutional/income tailwinds — continued government contract awards and positive analyst price‑target revisions are cited by data providers as underpinning optimism; QuiverQuant highlights sizable recent institutional accumulation and large government awards. Palantir Technologies Stock (PLTR) Opinions on Analyst Upgrades and AI Growth Forecasts
• Neutral Sentiment: CEO commentary at Davos is generating headlines — Alex Karp made provocative remarks about AI’s impact on humanities jobs and argued AI can bolster civil liberties; these are narrative drivers but unlikely to move fundamentals by themselves. Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training
• Neutral Sentiment: Upcoming earnings and technical caution — Palantir has its Q4/webcast details public and analysts expect strong y/y growth, but guidance and execution into 2026 are key catalysts; traders are showing caution ahead of the report. Palantir Technologies Announces Fourth Quarter 2025 Earnings Release and Webcast Details
• Negative Sentiment: Heavy insider selling — data summaries show extensive insider dispositions over the past six months (many executives only selling), which may spook investors and raise governance/comfort concerns. Palantir Technologies Stock (PLTR) Opinions on Analyst Upgrades and AI Growth Forecasts
• Negative Sentiment: Valuation and bearish takes — several outlets and analysts warn PLTR’s premium multiples leave little margin for error; some commentary argues the rally is overextended and projects large downside scenarios. Palantir: The Ride Can’t Last Forever
• Negative Sentiment: Broader market weakness — headline risk (e.g., tariff talk) and rotation out of high‑momentum AI names have pressured PLTR along with the market today. Palantir Shares Lower As Stock Market Weakens After Trump Tariff Announcement

Analyst Upgrades and Downgrades

PLTR has been the topic of several recent analyst reports. DA Davidson boosted their price objective on shares of Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Truist Financial initiated coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 target price on the stock. Royal Bank Of Canada upped their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a report on Tuesday, November 4th. Piper Sandler increased their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies presently has a consensus rating of “Hold” and an average target price of $175.88.

Palantir Technologies Trading Down 1.5%

The stock’s 50-day simple moving average is $177.68 and its 200-day simple moving average is $172.56. The stock has a market cap of $401.50 billion, a price-to-earnings ratio of 401.09, a price-to-earnings-growth ratio of 4.30 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 earnings per share. On average, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $616,590.00. Following the transaction, the director owned 58,687 shares in the company, valued at approximately $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. This trade represents a 2.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last quarter. 12.93% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of institutional investors have recently modified their holdings of PLTR. Revolve Wealth Partners LLC bought a new position in shares of Palantir Technologies in the 4th quarter valued at $450,000. Bison Wealth LLC raised its holdings in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC boosted its position in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares during the period. Assenagon Asset Management S.A. grew its holdings in Palantir Technologies by 11.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 55,140 shares of the company’s stock worth $7,517,000 after acquiring an additional 5,489 shares during the last quarter. Finally, CX Institutional grew its holdings in Palantir Technologies by 245.7% during the 2nd quarter. CX Institutional now owns 2,548 shares of the company’s stock worth $347,000 after acquiring an additional 1,811 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.