Palantir Technologies (NASDAQ:PLTR) Stock Jumps 3.7% – Time to Buy?

Posted by Stanley Muller on Sep 25th, 2026

Shares of Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) rose 3.7% during trading on Wednesday. The company traded as high as $193.79 and last traded at $191.79. 34,665,684 shares traded hands during trading, a decline of 22% from the average session volume of 44,212,738 shares. The stock had previously closed at $184.99.

Key Palantir Technologies News

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

Positive Sentiment: Palantir’s reported $48 million U.S. Army contract, European expansion discussions, and potential aviation and air-traffic-control applications continue to support the bullish growth narrative. Analysts argue that smaller initial contracts could lead to broader agency adoption. Rosenblatt Has Message For Palantir Stock Investors
Positive Sentiment: Rosenblatt reaffirmed its Buy rating, while other analysts have cited price targets as high as $250. The investment case centers on Palantir’s rapid revenue growth, GAAP profitability, and role as an “AI enabler” for government and commercial customers. Rosenblatt Securities Reaffirms Buy Rating
Positive Sentiment: Commentary from a defense-AI executive characterized Palantir less as a model developer and more as a highly capable data-architecture and AI-infrastructure provider. That framing may reinforce the company’s differentiation in deploying AI securely across complex defense systems. Palantir Data Architecture Commentary
Neutral Sentiment: Anthropic’s reported plan to adopt a Palantir-style supervoting structure highlights Palantir’s influence among AI companies, but it has no direct near-term effect on Palantir’s revenue or earnings. Anthropic Seeks Palantir-Style Voting Control
Negative Sentiment: Michael Burry’s disclosed short position in Palantir is adding headline pressure and underscores concerns that the stock’s valuation has outrun fundamentals. Commentators also warn that high interest rates make expensive growth stocks more vulnerable. Michael Burry’s AI Stock Shorts
Negative Sentiment: Palantir lost an $875 million FAA AI contract, although analysts believe deeper agency relationships could still produce future opportunities. Articles also raise concerns about AI liability, open-weight strategy, and whether the company’s roughly 80-times-forward-earnings valuation can be justified. Palantir FAA Contract Report

Analyst Ratings Changes

Several research analysts have recently issued reports on PLTR shares. Citigroup downgraded Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. Rosenblatt Securities reissued a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a report on Wednesday. Needham & Company LLC set a $215.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a research note on Friday, July 24th. Finally, BNP Paribas Exane started coverage on shares of Palantir Technologies in a report on Tuesday, June 16th. They set an “underperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $195.33.

Check Out Our Latest Research Report on PLTR

Palantir Technologies Stock Down 0.7%

The stock has a 50 day moving average of $163.62 and a 200 day moving average of $147.25. The company has a market capitalization of $459.36 billion, a price-to-earnings ratio of 163.45, a price-to-earnings-growth ratio of 2.62 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the firm posted $0.16 EPS. The company’s revenue for the quarter was up 92.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Insider Activity

In related news, Director Lauren Friedman Stat sold 1,342 shares of Palantir Technologies stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total transaction of $244,915.00. Following the completion of the transaction, the director owned 52,765 shares of the company’s stock, valued at $9,629,612.50. This trade represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50. Following the completion of the transaction, the insider owned 56,921 shares in the company, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 720,027 shares of company stock valued at $116,879,340. 9.53% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. BCGM Wealth Management LLC raised its position in shares of Palantir Technologies by 2.0% during the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock worth $374,000 after purchasing an additional 64 shares during the period. JDM Financial Group LLC increased its stake in Palantir Technologies by 20.9% during the 2nd quarter. JDM Financial Group LLC now owns 388 shares of the company’s stock worth $45,000 after purchasing an additional 67 shares in the last quarter. LifeSteps Financial Inc. raised its holdings in Palantir Technologies by 4.9% during the 1st quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company’s stock worth $217,000 after buying an additional 69 shares during the period. IFC & Insurance Marketing Inc. raised its holdings in Palantir Technologies by 4.0% during the 1st quarter. IFC & Insurance Marketing Inc. now owns 1,806 shares of the company’s stock worth $264,000 after buying an additional 70 shares during the period. Finally, IMG Wealth Management Inc. raised its holdings in Palantir Technologies by 5.5% during the 2nd quarter. IMG Wealth Management Inc. now owns 1,341 shares of the company’s stock worth $156,000 after buying an additional 70 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

About Palantir Technologies

(Get Free Report)

Palantir Technologies Inc is a software company that develops data integration, analytics and artificial intelligence platforms for government agencies and commercial organizations. Its software is designed to help customers integrate information from disparate sources, analyze complex data and support operational decision-making.

The company’s principal platforms include Gotham, which is used primarily by defense, intelligence and public-sector organizations; Foundry, which helps commercial and institutional customers manage and analyze operational data; and Apollo, a platform for deploying and managing software across varied computing environments.