Palantir Technologies (NASDAQ:PLTR) Given New $207.00 Price Target at Cantor Fitzgerald

Palantir Technologies (NASDAQ:PLTR) had its price target hoisted by equities researchers at Cantor Fitzgerald from $156.00 to $207.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Cantor Fitzgerald‘s price objective points to a potential upside of 12.43% from the stock’s current price.

Several other research analysts have also commented on PLTR. Yorkville Ives assumed coverage on shares of Palantir Technologies in a research note on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price objective for the company. DA Davidson boosted their price objective on Palantir Technologies from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, September 11th. Jefferies Financial Group reissued an “underperform” rating and issued a $80.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Citigroup upped their target price on shares of Palantir Technologies from $245.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Finally, Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.30.

Palantir Technologies Stock Performance

Shares of PLTR stock opened at $184.11 on Monday. Palantir Technologies has a 12-month low of $106.37 and a 12-month high of $212.94. The stock’s 50-day moving average price is $186.90 and its 200-day moving average price is $153.90. The stock has a market capitalization of $442.43 billion, a price-to-earnings ratio of 157.36, a price-to-earnings-growth ratio of 3.29 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 EPS. As a group, research analysts predict that Palantir Technologies will post 1.29 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 18,000 shares of the company’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the transaction, the insider directly owned 274,667 shares in the company, valued at approximately $55,249,267.05. This represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $100,081,780.20. The trade was a 5.16% 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 have sold a total of 560,390 shares of company stock worth $97,909,177 in the last three months. 9.53% of the stock is currently owned by corporate insiders.

Institutional Trading of Palantir Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Ballast Advisors LLC purchased a new stake in Palantir Technologies in the 1st quarter valued at approximately $29,000. Whipplewood Advisors LLC purchased a new position in shares of Palantir Technologies during the 1st quarter worth about $32,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Palantir Technologies during the 2nd quarter valued at $35,000. Laurel Wealth Advisors LLC purchased a new stake in Palantir Technologies during the third quarter valued at about $35,000. Finally, Cranbrook Wealth Management LLC increased its position in Palantir Technologies by 40.7% during the 3rd quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock worth $37,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other 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: Wall Street expects approximately $0.41 in adjusted EPS and $2.18 billion in revenue for the third quarter. Investors are looking for evidence that Palantir’s U.S. commercial momentum and AI software demand remain strong. CEO Alex Karp has described the business as compounding at an unprecedented pace, while prediction-market activity points to expectations for another earnings beat. Palantir Set to Report Earnings as Alex Karp Says Business Is Compounding
• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating, adding institutional support ahead of the report. Separately, Palantir is reportedly expanding sovereign-AI deployments in sensitive industries, potentially broadening its government and commercial opportunity. JPMorgan Initiates Coverage of Palantir
• Neutral Sentiment: Options traders are positioning for an unusually large post-earnings move of about 13.3%. This underscores significant event risk: a beat and stronger guidance could support the stock, while any indication of slowing growth could trigger a sharp reaction. Palantir Q3 Earnings Options Activity
• Negative Sentiment: Valuation remains the main concern. Palantir trades at roughly 157 times earnings, meaning much of its future AI growth is already reflected in the share price. Analysts and investors will therefore focus on revenue growth, U.S. commercial expansion, margins and forward guidance rather than simply whether results beat estimates. Palantir Stock Is Trading at 165 Times Earnings
• Negative Sentiment: ETF selling has created additional technical pressure: ETFs were net sellers of approximately $112.1 million of PLTR on Thursday, while the iShares Tech-Software ETF sold $286.1 million across its portfolio, including Palantir. Recent chart analysis also identified potential support near $186 as vulnerable. ETFs Are Net Sellers of Palantir

Palantir Technologies Company Profile

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.