Palantir Technologies Inc. (NASDAQ:PLTR) Stock Has Average Target Price of $214.53

08 Nov 2026, 07:44 by Danessa Lincoln · The Markets Daily

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the thirty-nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $214.53.

A number of research firms recently weighed in on PLTR. Northland Securities set a $200.00 target price on Palantir Technologies in a research report on Tuesday, August 4th. Yorkville Ives started coverage on Palantir Technologies in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $250.00 target price for the company. Raymond James Financial set a $255.00 price target on shares of Palantir Technologies in a research report on Wednesday. JPMorgan Chase & Co. started coverage on shares of Palantir Technologies in a research note on Thursday, October 29th. They set an “overweight” rating and a $262.00 price target on the stock. Finally, Phillip Securities lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th.

View Our Latest Stock Report on PLTR

Key Stories Impacting Palantir Technologies

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

Positive Sentiment: Palantir beat Q3 earnings and revenue estimates, with revenue up 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales also exceeded government sales for the first time, underscoring the potential to broaden its customer base. Palantir Q3 results and outlook
Negative Sentiment: The main concern is slowing bookings: total contract value growth reportedly decelerated sharply, including in U.S. commercial business. Investors worry this could weaken the revenue pipeline and make it harder to sustain Palantir’s rapid growth. Commercial bookings slowdown
Negative Sentiment: Palantir is also caught in a broader sell-off in AI-related software stocks. Its premium valuation may leave little room for any slowdown or disappointment, while concerns about government and defense spending add uncertainty. Contract growth warning

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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. Also, insider Ryan D. Taylor sold 18,000 shares of the business’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the completion of the sale, the insider directly owned 274,667 shares of the company’s stock, valued at $55,249,267.05. This represents a 6.15% 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 523,716 shares of company stock worth $92,212,379 in the last 90 days. Corporate insiders own 9.53% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ballast Advisors LLC bought a new position in Palantir Technologies during the 1st quarter worth approximately $29,000. Axiom Investment Management LLC lifted its position in Palantir Technologies by 181.8% in the third quarter. Axiom Investment Management LLC now owns 155 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Palantir Technologies during the first quarter valued at approximately $32,000. Navigoe LLC boosted its stake in shares of Palantir Technologies by 17,500.0% during the third quarter. Navigoe LLC now owns 176 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares during the period. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Palantir Technologies during the second quarter valued at approximately $35,000. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Stock Up 3.5%

NASDAQ PLTR opened at $160.38 on Thursday. The stock’s 50-day simple moving average is $185.88 and its two-hundred day simple moving average is $153.74. Palantir Technologies has a twelve month low of $106.37 and a twelve month high of $212.94. The company has a market capitalization of $385.40 billion, a price-to-earnings ratio of 112.15, a PEG ratio of 3.36 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.18 billion. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. The company’s revenue was up 95.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 earnings per share. On average, equities analysts expect that Palantir Technologies will post 1.36 earnings per share for the current fiscal year.

About Palantir Technologies

(Get Free Report)

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security.

The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.