Palantir Technologies (NYSE: PLTR) continues to be a focal point for analysts and investors, as multiple brokerages recently revised their price targets and ratings for the stock. Despite significant upward price target adjustments, Palantir’s stock declined by 1.8%, opening at $83.42 on Monday.
Analyst Ratings: Diverging Opinions on PLTR
Several major brokerages have weighed in on Palantir’s outlook:
- Northland Securities raised its target price from $38.00 to $80.00, giving a “market perform” rating.
- Cantor Fitzgerald increased its price objective from $72.00 to $98.00, maintaining a “neutral” rating.
- Mizuho upgraded its price objective from $44.00 to $80.00 but retained an “underperform” rating.
- Loop Capital initiated coverage with a “buy” rating and a $141.00 target price.
- UBS Group boosted its price target from $80.00 to $105.00, giving a “neutral” rating.
Overall, the analyst consensus from MarketBeat suggests a “Hold” rating, with an average price target of $74.79. Out of 22 analysts covering the stock, six have rated it a sell, twelve a hold, and four a buy.
Palantir’s Stock Performance and Valuation
PLTR’s stock has experienced a wide trading range over the past year, with a 52-week low of $20.33 and a high of $125.41. The stock’s 50-day moving average stands at $87.14, while the 200-day moving average is $62.23. With a market capitalization of $190.03 billion, Palantir is trading at a P/E ratio of 439.08 and a P/E/G ratio of 10.84, reflecting high growth expectations. The company’s beta of 2.81 suggests higher volatility compared to the broader market.
Insider Trading: Executives Adjust Their Positions
Insiders have been actively selling Palantir stock:
- Director Lauren Elaina Friedman Stat sold 800 shares on January 2nd at an average price of $76.29, reducing her holdings by 1.27%.
- Director Alexandra W. Schiff sold 4,000 shares on January 7th at an average price of $71.63, decreasing her position by 2.01%.
- Over the last three months, insiders have sold 1,439,783 shares worth approximately $107.5 million.
Currently, insiders own 12.93% of the company’s stock, with institutional investors and hedge funds holding 45.65%.
Institutional Investors: Increasing Interest in PLTR
Hedge funds have been actively modifying their stakes in Palantir:
- BridgePort Financial Solutions LLC acquired a new stake worth $188,000.
- Park Square Financial Group LLC added a new position worth $272,000.
- Total Wealth Planning & Management Inc. initiated a stake valued at $364,000.
- Menard Financial Group LLC increased its holdings by 12%, now owning 23,974 shares worth $1.81 million.
- Universal Beteiligungs und Servicegesellschaft mbH acquired a significant new stake valued at $61.67 million.
Palantir’s Business Segments
Palantir Technologies operates under two key segments:
- Commercial Segment: Provides software platforms for non-government customers.
- Government Segment: Serves U.S. and international government agencies with AI-driven data analytics solutions.
As Palantir remains a polarizing stock among analysts, its high valuation, insider selling activity, and institutional interest continue to make it a stock to watch in 2025.
