Palantir Technologies (NASDAQ:PLTR) Coverage Initiated by Analysts at DZ Bank

DZ Bank initiated coverage on shares of Palantir Technologies (NASDAQ:PLTR) in a research note issued to investors on Thursday, MarketBeat reports. The firm issued a buy rating and a $175.00 price objective on the stock.

A number of other brokerages also recently issued reports on PLTR. Mizuho dropped their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Tuesday, February 10th. Citigroup boosted their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target on the stock in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group dropped their price target on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.35.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $141.57 on Thursday. The firm’s 50 day simple moving average is $144.50 and its 200 day simple moving average is $164.12. Palantir Technologies has a one year low of $100.91 and a one year high of $207.52. The company has a market cap of $338.59 billion, a PE ratio of 224.72, a P/E/G ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the company earned $0.14 EPS. The firm’s revenue was up 70.0% compared to the same quarter last year. Equities research analysts expect that Palantir Technologies will post 1.05 EPS for the current year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at $79,162.24. This represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 over the last ninety days. 9.23% of the stock is owned by company insiders.

Institutional Trading of Palantir Technologies

Several hedge funds have recently modified their holdings of PLTR. Bare Financial Services Inc increased its stake in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares in the last quarter. Basepoint Wealth LLC bought a new stake in shares of Palantir Technologies in the 4th quarter valued at $29,000. Financial Consulate Inc. bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at $30,000. Morton Brown Family Wealth LLC increased its stake in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after acquiring an additional 125 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Palantir Technologies in the 4th quarter valued at $31,000. Institutional investors own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Won a $300M Blanket Purchase Agreement with the U.S. Department of Agriculture — expands Palantir’s government revenue runway and ties the company to a politically important national farm-security initiative. USDA and Palantir sign $300 million software purchase agreement
• Positive Sentiment: DZ Bank initiated coverage with a Buy and $175 price target — a fresh institutional buy-rating that signals more analyst conviction and a material upside target vs. current levels. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Recent results show strong top-line momentum ( ~70% revenue growth cited by market coverage), supporting the narrative that Palantir is still scaling quickly. Palantir Rallies 4% as 70% Revenue Surge Overshadows Mizuho Price Target Cut
• Neutral Sentiment: Upcoming earnings/announcements could be an early AI-sector catalyst — one write-up flags a May earnings print that may move AI peers ahead of Nvidia. Timing makes the next few weeks important for sentiment. Palantir Earnings Could Ignite AI Stocks Before Nvidia
• Neutral Sentiment: New specialist ecosystem activity (Vanyar launch focused on Palantir Foundry/AIP) could help enterprise adoption but is too early to quantify. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Stock sold off amid a broader software/AI rotation and risk‑off trade (investors moving to defensives as oil/bonds move), which overwhelmed company-specific positives today. Market-flow headlines flagged the same sector-driven pressure. Here’s Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Valuation and momentum concerns persist — some analysts/covers have trimmed targets or flagged downside risk, and commentary warns the rally may be vulnerable if growth expectations are repriced. Wall Street May Be Too Optimistic About Palantir — 2 Red Flags Investors Shouldn’t Ignore
• Negative Sentiment: Reputational noise from management’s public statements/“manifesto” and light-hearted merch has drawn media attention — such controversies can introduce political and PR risk given Palantir’s heavy government exposure. Palantir published a mini manifesto calling some cultures ‘harmful and middling’

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.