Palantir Technologies Inc. (NASDAQ:PLTR) Receives Average Recommendation of “Moderate Buy” from Analysts

Posted by Francis Steltz on Jul 8th, 2026

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the thirty-five analysts that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $190.8462.

A number of analysts have recently commented on PLTR shares. BTIG Research cut Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Wedbush initiated coverage on shares of Palantir Technologies in a research note on Tuesday, June 16th. They set an “outperform” rating on the stock. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Wednesday, May 6th. Wolfe Research raised shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, June 16th. Finally, DA Davidson upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and increased their target price for the stock from $165.00 to $175.00 in a report on Thursday, July 2nd.

Check Out Our Latest Report on PLTR

Palantir Technologies Stock Up 1.4%

Shares of Palantir Technologies stock opened at $134.37 on Friday. Palantir Technologies has a 12 month low of $106.37 and a 12 month high of $207.52. The business has a fifty day simple moving average of $133.27 and a 200 day simple moving average of $147.37. The stock has a market cap of $322.13 billion, a PE ratio of 150.98, a price-to-earnings-growth ratio of 2.12 and a beta of 1.56.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The company’s quarterly revenue was up 84.7% on a year-over-year basis. Analysts expect that Palantir Technologies will post 1.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This trade represents a 5.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies 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 owned 60,226 shares in the company, valued at approximately $7,757,108.80. This represents a 2.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,112,270 shares of company stock worth $150,247,785 over the last 90 days. 9.53% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Palantir Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised 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 buying an additional 1,557,828 shares during the period. State Street Corp boosted its holdings in shares of Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock valued at $18,198,990,000 after buying an additional 1,126,418 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after buying an additional 805,047 shares during the period. Norges Bank bought a new stake in shares of Palantir Technologies during the fourth quarter worth $5,149,641,000. Finally, Invesco Ltd. increased its position in shares of Palantir Technologies by 2.8% during the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after acquiring an additional 616,297 shares in the last quarter. 45.65% of the stock is currently 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 announced an expansion agreement with GNP Seguros, giving it its first publicly announced commercial customer in Latin America and underscoring international growth potential. Palantir Expands Its Presence in Mexico and Strengthens Its AI Offering in the Insurance Sector with GNP Seguros
Positive Sentiment: DA Davidson upgraded Palantir to Buy, adding analyst credibility to the recent rebound and supporting the view that the stock’s AI platform is gaining value with enterprises. DA Davidson Upgrades Palantir (PLTR) To Buy
Positive Sentiment: Coverage tied Palantir’s recent move to its expanded Nvidia partnership and stronger sovereign AI positioning, which investors see as a major long-term growth channel in government and critical infrastructure. Palantir’s AI Position Wins New Support From Analysts
Positive Sentiment: Market commentary also pointed to Palantir’s defense and AI momentum, including new international contract traction and expanding adoption of its software stack, which can fuel expectations for continued revenue growth. Why Palantir Stock Ticked Higher on Tuesday

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.