Analysts Set Expectations for Palantir Technologies Inc.’s FY2025 Earnings (NYSE:PLTR)

Palantir Technologies Inc. (NYSE:PLTR) – DA Davidson upped their FY2025 earnings per share estimates for shares of Palantir Technologies in a report released on Tuesday, May 7th. DA Davidson analyst G. Luria now expects that the company will post earnings per share of $0.25 for the year, up from their previous estimate of $0.23. DA Davidson has a “Neutral” rating and a $24.00 price target on the stock. The consensus estimate for Palantir Technologies’ current full-year earnings is $0.16 per share.

Palantir Technologies (NYSE:PLTR) last released its quarterly earnings data on Monday, February 5th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). Palantir Technologies had a net margin of 9.43% and a return on equity of 6.17%. The company had revenue of $608.35 million for the quarter, compared to analysts’ expectations of $603.48 million.

A number of other equities analysts also recently issued reports on PLTR. Raymond James raised their price target on Palantir Technologies from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 6th. Bank of America boosted their price target on Palantir Technologies from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Citigroup increased their price objective on shares of Palantir Technologies from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday. Royal Bank of Canada boosted their target price on shares of Palantir Technologies from $5.00 to $9.00 and gave the company an “underperform” rating in a research report on Tuesday. Finally, Mizuho increased their price target on shares of Palantir Technologies from $18.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, March 7th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Hold” and a consensus target price of $20.65.

Palantir Technologies Trading Down 15.1 %

Shares of PLTR stock opened at $21.41 on Wednesday. The stock has a market capitalization of $47.36 billion, a P/E ratio of 237.86, a P/E/G ratio of 5.72 and a beta of 2.76. The firm’s 50 day moving average is $23.40 and its 200 day moving average is $20.31. Palantir Technologies has a 12-month low of $7.59 and a 12-month high of $27.50.

Insider Buying and Selling

In other news, Director Alexander D. Moore sold 20,000 shares of the company’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $22.02, for a total value of $440,400.00. Following the completion of the transaction, the director now owns 1,595,519 shares of the company’s stock, valued at $35,133,328.38. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Lauren Elaina Friedman Stat sold 5,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $25.10, for a total transaction of $125,500.00. Following the completion of the transaction, the director now directly owns 181,830 shares of the company’s stock, valued at $4,563,933. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alexander D. Moore sold 20,000 shares of Palantir Technologies stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $22.02, for a total transaction of $440,400.00. Following the completion of the sale, the director now owns 1,595,519 shares in the company, valued at $35,133,328.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,356,273 shares of company stock valued at $182,143,602. Company insiders own 13.96% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PLTR. Raymond James & Associates increased its position in Palantir Technologies by 18.8% in the third quarter. Raymond James & Associates now owns 1,563,991 shares of the company’s stock worth $25,024,000 after purchasing an additional 247,595 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Palantir Technologies by 1.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,537,415 shares of the company’s stock worth $120,599,000 after buying an additional 72,889 shares in the last quarter. Brown Advisory Inc. increased its holdings in shares of Palantir Technologies by 9.9% in the 3rd quarter. Brown Advisory Inc. now owns 14,425 shares of the company’s stock worth $231,000 after buying an additional 1,300 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Palantir Technologies by 26.0% during the 3rd quarter. Mackenzie Financial Corp now owns 125,145 shares of the company’s stock valued at $1,865,000 after buying an additional 25,852 shares in the last quarter. Finally, Brighton Jones LLC lifted its holdings in shares of Palantir Technologies by 12.2% in the 3rd quarter. Brighton Jones LLC now owns 30,191 shares of the company’s stock valued at $483,000 after acquiring an additional 3,294 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Company Profile

Palantir Technologies Inc builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.