Palantir Technologies (NASDAQ:PLTR) Earns Buy Rating from DA Davidson

Posted by Stanley Muller on Jul 17th, 2026

Palantir Technologies (NASDAQ:PLTR – Get Free Report)‘s stock had its “buy” rating reaffirmed by DA Davidson in a research note issued to investors on Friday,Benzinga reports. They currently have a $175.00 target price on the stock. DA Davidson’s price objective suggests a potential upside of 32.43% from the stock’s current price.

A number of other analysts have also issued reports on the company. Wedbush started coverage on Palantir Technologies in a research note on Tuesday, June 16th. They issued an “outperform” rating on the stock. BTIG Research downgraded shares of Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wolfe Research upgraded shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a report on Tuesday, June 16th. Finally, DZ Bank began coverage on shares of Palantir Technologies in a report on Thursday, April 23rd. They issued a “buy” rating and a $175.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $190.85.

View Our Latest Stock Report on Palantir Technologies

Palantir Technologies Trading Down 1.7%

Shares of Palantir Technologies stock traded down $2.29 during trading hours on Friday, reaching $132.15. 24,615,956 shares of the company’s stock were exchanged, compared to its average volume of 46,872,254. Palantir Technologies has a 52-week low of $106.37 and a 52-week high of $207.52. The company has a fifty day moving average of $132.30 and a 200-day moving average of $144.38. The firm has a market capitalization of $316.80 billion, a price-to-earnings ratio of 148.17, a price-to-earnings-growth ratio of 2.14 and a beta of 1.56.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. On average, equities research analysts anticipate that Palantir Technologies will post 1.17 earnings per share for the current fiscal year.

Insider Activity at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. This trade represents a 2.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of Palantir Technologies stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $160.00, for a total value of $255,680.00. Following the completion of the transaction, the director directly owned 55,022 shares in the company, valued at $8,803,520. This represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,112,270 shares of company stock valued at $150,247,785 over the last three months. Insiders own 9.53% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Milestone Asset Management LLC raised its holdings in Palantir Technologies by 229.5% in the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after acquiring an additional 42,173 shares in the last quarter. VCI Wealth Management LLC grew its holdings in Palantir Technologies by 42.3% during the 4th quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after acquiring an additional 3,621 shares in the last quarter. Vanguard Group Inc. grew its holdings in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after acquiring an additional 1,557,828 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of Palantir Technologies in the 4th quarter worth about $222,143,000. Finally, Jefferson Bridge Capital LLC bought a new stake in shares of Palantir Technologies in the 4th quarter worth about $1,322,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies News Summary

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

Positive Sentiment: Palantir is being grouped with top AI infrastructure winners, and its Nvidia collaboration on sovereign AI is reinforcing the bull case that PLTR could benefit from rising AI spending. Alex Karp Grouped Palantir With These 3 Unstoppable Stocks as the Only True Artificial Intelligence (AI) Infrastructure Winners
Positive Sentiment: Analysts and commentators continue to frame Palantir as a leading hypergrowth AI name, which can support investor interest ahead of the next earnings report. Palantir vs. SoundHound: Which AI Stock Is the Better Buy Ahead of Q2 Earnings?
Neutral Sentiment: Palantir CEO Alex Karp warned that AI could widen wealth inequality, a big-picture statement that adds to the broader AI debate but does not directly change the company’s fundamentals. Palantir CEO Alex Karp Warns AI Could Become America’s Biggest Driver of Wealth Inequality: ‘You Now Have a Revolution Where…’
Neutral Sentiment: Palantir is drawing renewed attention as investors wait for Q2 earnings and as technical analysts debate whether the recent pullback is a buying opportunity or a sign of more downside. Palantir Stock Price Outlook: What Technical Analysis Says Right Now
Negative Sentiment: Investors remain concerned that PLTR’s valuation is still very demanding after a steep year-to-date decline, with some coverage pointing to insider selling and divided analyst price targets as reasons the stock may stay volatile. Palantir’s Wild Ride: Inside the Stock Wall Street Can’t Agree On

Palantir Technologies Company Profile

(Get Free Report)

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.