Palantir Technologies (NASDAQ:PLTR) Shares Up 2.2% – Here’s What Happened

Palantir Technologies Inc. (NASDAQ:PLTR) shot up 2.2% on Friday . The company traded as high as $172.00 and last traded at $169.60. 30,055,345 shares were traded during trading, a decline of 23% from the average session volume of 39,268,422 shares. The stock had previously closed at $165.90.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Phillip Securities initiated coverage with a Buy and $208 price target, highlighting multi‑year revenue and margin upside that supports further upside from here. Palantir (PLTR) Stock: Why This Analyst Sees 25% Upside in 2025
• Positive Sentiment: Top sell‑side voices continue to call Palantir an AI “powerhouse” after Davos discussions and large commercial wins (e.g., Hyundai), which supports momentum into earnings. NVDA, PLTR: Daniel Ives Hails Nvidia and Palantir as AI Powerhouses at Davos
• Positive Sentiment: MarketBeat highlights an institutional‑buying metric bulls watch into earnings — suggesting “smart money” positioning could amplify a beat/guidance upgrade. The One Metric Bulls Watch in Palantir Before Earnings
• Neutral Sentiment: Mizuho reaffirmed a $205 12‑month target while keeping a cautious stance (Hold) — a sign that targets are elevated but some analysts are dialing back conviction. Palantir Stock Targeted at $205 by Mizuho as Growth Slows in 2026
• Neutral Sentiment: CEO comments on the AI cycle (“We’re in a lag right now.”) temper overheated expectations — useful context but not a hard directional signal ahead of earnings. Palantir CEO on the AI bubble: “We’re in a lag right now.”
• Neutral Sentiment: Investors should note the company reports Q4 on Feb. 2 — results and forward guidance will likely be the primary short‑term driver. Should You Buy Palantir Stock Before Feb. 2?
• Negative Sentiment: Valuation critics warn the stock trades at very rich multiples; some analysts (e.g., Jefferies commentary cited in media) see material downside if growth slows — raises risk of sharp pullbacks if guidance disappoints. 2 Ultra-Popular AI Stocks to Sell Before They Drop 53% and 57%, According to Wall Street Analysts
• Negative Sentiment: Near‑term price action shows a recent pullback (down modestly over the past week/month), signaling profit‑taking after a large 12‑month rally — makes Palantir more vulnerable to negative news ahead of earnings. Palantir Technologies Trending as Analysts Weigh Upside

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PLTR shares. Daiwa Capital Markets increased their price objective on Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research report on Thursday. UBS Group increased their target price on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. CICC Research raised their price target on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Finally, Wall Street Zen cut 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, seven have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies presently has an average rating of “Hold” and a consensus target price of $184.07.

Palantir Technologies Stock Up 2.2%

The firm has a fifty day simple moving average of $176.73 and a 200-day simple moving average of $172.70. The company has a market cap of $404.23 billion, a PE ratio of 403.82, a price-to-earnings-growth ratio of 4.16 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business’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 EPS. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. The trade was a 12.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 9.23% of the stock is owned by company insiders.

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies in the 4th quarter valued at $450,000. Bison Wealth LLC boosted its holdings in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC increased its stake in shares of Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after acquiring an additional 4,722 shares during the period. Fifth Third Bancorp raised its holdings in Palantir Technologies by 59.9% during the second quarter. Fifth Third Bancorp now owns 128,098 shares of the company’s stock worth $17,462,000 after purchasing an additional 48,002 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its holdings in Palantir Technologies by 13.1% during the second quarter. Financial Management Professionals Inc. now owns 1,054 shares of the company’s stock worth $144,000 after purchasing an additional 122 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

About Palantir Technologies

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.