Palantir Technologies (NASDAQ:PLTR) Stock Price Up 3.7% – Here’s Why

Palantir Technologies Inc. (NASDAQ:PLTR)’s stock price shot up 3.7% on Monday . The company traded as high as $175.82 and last traded at $174.04. 38,347,022 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 49,428,656 shares. The stock had previously closed at $167.86.

More Palantir Technologies News

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

• Positive Sentiment: Speculation that Palantir’s platforms aided recent U.S. operations in Venezuela boosted demand for the stock as markets price potential government/defense revenue and credibility gains. Will Palantir’s Venezuela Connection Trump Valuation Concerns?
• Positive Sentiment: Institutional accumulation and a wave of analyst upgrades are supporting the rally — research notes highlight robust commercial and government demand and lift consensus price targets. The AI Tech Paradox: Insiders Sell, the Case for Buying Gets Stronger
• Positive Sentiment: Options-market activity is elevated (large call interest and positioning), which can amplify intraday upside as traders chase momentum or hedge against further moves. Options Traders Are All in on Palantir Stock
• Neutral Sentiment: Company messaging: Palantir’s CTO publicly reiterated a bullish AI vision — positive for narrative but not an immediate earnings catalyst. ‘HISTORIC OPPORTUNITY’: Palantir CTO shares optimistic vision for future of AI
• Neutral Sentiment: Earnings/estimates: previews show growth expectations are already priced in, so upcoming reports could swing sentiment either way depending on guidance. Earnings Preview: What To Expect From Palantir’s Report
• Negative Sentiment: Insider selling headlines are drawing attention — coverage frames exits by employees/executives as profit-taking, which can spook retail flows even if institutions are buying. Why Palantir Technologies (PLTR) Is Down After AI Contract Surge And Insider Selling Headlines
• Negative Sentiment: Recent short-term sell-off and profit-taking (multi-day dip off December highs) highlight valuation sensitivity — technical patterns and high multiples leave the stock vulnerable to rotation. Palantir stock price forms a risky pattern as a persistent risk remains
• Negative Sentiment: Prominent investors and commentators warn about frothy valuation and downside risk — useful as a reminder that momentum can reverse quickly if growth expectations slip. ‘Prepare for the Worst,’ Says Top Investor About Palantir Stock

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. Royal Bank Of Canada lifted their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Northland Securities raised their price objective on Palantir Technologies from $14.00 to $18.50 in a report on Tuesday, November 4th. Bank of America upped their target price on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $172.28.

Palantir Technologies Price Performance

The firm has a market capitalization of $414.81 billion, a P/E ratio of 414.39, a P/E/G ratio of 4.22 and a beta of 1.54. The stock’s fifty day simple moving average is $180.87 and its 200 day simple moving average is $169.50.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations 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 quarter last year, the firm earned $0.10 EPS. As a group, sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the sale, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. The trade was a 2.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction dated 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 owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,008,044 shares of company stock valued at $164,601,839. Insiders own 12.93% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PLTR. Vanguard Group Inc. lifted its position in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the period. Truist Financial Corp grew its holdings in Palantir Technologies by 4.2% during the second quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after acquiring an additional 21,809 shares during the period. Prentice Wealth Management LLC acquired a new stake in shares of Palantir Technologies during the 3rd quarter valued at approximately $550,000. Watershed Private Wealth LLC increased its stake in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in shares of Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after buying an additional 12,300 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

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.