<div id="readability-page-1"><p><span>Palantir Technologies (NASDAQ:PLTR - Get Free Report)</span> had its price target upped by research analysts at Bank of America  from $180.00 to $215.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a &#34;buy&#34; rating on the stock. Bank of America's price objective indicates a potential upside of 19.89% from the company's previous close.</p><div><p><span></span><span>Get <strong>Palantir Technologies</strong> alerts:</span></p></div><ul><li>Is It Time to Trim Your Positions in These 2 AI Stocks?</li></ul><p>Several other equities analysts also recently weighed in on PLTR. Cantor Fitzgerald lifted their target price on Palantir Technologies from $110.00 to $155.00 and gave the company a &#34;neutral&#34; rating in a research report on Tuesday, August 5th. Wedbush  set a $200.00 price objective on Palantir Technologies and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, August 5th. Loop Capital lifted their price objective on Palantir Technologies from $178.00 to $180.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, August 5th. UBS Group  reiterated a &#34;neutral&#34; rating and issued a $165.00 price objective (up previously from $110.00) on shares of Palantir Technologies in a research note on Tuesday, August 5th. Finally, DA Davidson  set a $170.00 price objective on Palantir Technologies and gave the company a &#34;neutral&#34; rating in a research note on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, fifteen have assigned  a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $140.22.</p><p><b>Get Our Latest Stock Report on PLTR</b></p><h2>Palantir Technologies Price Performance</h2><ul><li>Palantir’s Commercial Growth Story Is Just Getting Started </li></ul><p>NASDAQ PLTR opened at $179.33 on Tuesday. The company has a market cap of $425.43 billion, a P/E ratio of 597.79, a P/E/G ratio of 10.28 and a beta of 2.59. The stock has a 50-day moving average of $163.92 and a two-hundred day moving average of $131.20. Palantir Technologies has a 1-year low of $36.05 and a 1-year high of $190.00. </p><p>Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $939.29 million. Palantir Technologies had a return on equity of 10.75% and a net margin of 22.18%.Palantir Technologies's revenue was up 48.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 EPS.  Palantir Technologies has set its FY 2025 guidance at  EPS. Q3 2025 guidance at  EPS. On average, analysts anticipate that  Palantir Technologies will post 0.31 EPS for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><ul><li>Congress: The Biggest Trades Impacting Markets Today</li></ul><p>In other news, insider David A. Glazer sold 81,000 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $154.47, for a total value of $12,512,070.00. Following the transaction, the insider owned 431,169 shares of the company's stock, valued at approximately $66,602,675.43. The trade was a 15.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the business's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $158.35, for a total value of $5,708,200.80. Following the completion of the transaction, the insider directly owned 307,470 shares in the company, valued at approximately $48,687,874.50. The trade was a 10.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,634,634 shares of company stock valued at $250,524,804. 12.93% of the stock is owned by company insiders. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors have recently modified their holdings of the stock. Canal Capital Management LLC grew its holdings in  Palantir Technologies by 9.5% during the second quarter. Canal Capital Management LLC now owns 4,572 shares of the company's stock worth $623,000 after acquiring an additional 397 shares during the period.  Base Wealth Management LLC acquired a new position in  Palantir Technologies during the second quarter worth $290,000.  Migdal Insurance &amp; Financial Holdings Ltd. grew its holdings in  Palantir Technologies by 274.0% during the second quarter. Migdal Insurance &amp; Financial Holdings Ltd. now owns 2,730 shares of the company's stock worth $372,000 after acquiring an additional 2,000 shares during the period.  Valeo Financial Advisors LLC grew its holdings in  Palantir Technologies by 15.3% during the second quarter. Valeo Financial Advisors LLC now owns 53,395 shares of the company's stock worth $7,279,000 after acquiring an additional 7,071 shares during the period.  Finally, Silicon Valley Capital Partners grew its holdings in  Palantir Technologies by 1,578.9% during the second quarter. Silicon Valley Capital Partners now owns 1,595 shares of the company's stock worth $217,000 after acquiring an additional 1,500 shares during the period. Institutional investors and hedge funds own  45.65% of the company's stock. </p><h2>About Palantir Technologies</h2> (Get Free Report)<p>Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Palantir Technologies</li><li>How to start investing in penny stocks</li><li>Amprius Technologies: Anatomy of a Textbook, Raging Bull Market</li><li>Upcoming IPO Stock Lockup Period, Explained</li><li>3 Stocks You Want to Keep in Case Oil Rallies</li><li>3 Ways To Invest In Coffee, Other Than Drinking It</li><li>3 International Stocks with Rising Short Interest</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palantir Technologies Right Now?</h2><p>Before you consider Palantir Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palantir Technologies wasn't on the list.</p><p>While Palantir Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PLTR

<p>Bank of America has raised its target price for Palantir Technologies (NASDAQ:PLTR) from $180.00 to $215.00, maintaining a "buy" rating. This suggests a potential upside of 19.89% from the previous close. Other analysts have also adjusted their ratings, with Cantor Fitzgerald setting a target of $155.00 and Wedbush at $200.00. Currently, the stock has a consensus rating of "Hold" with a target of $140.22. Palantir reported a 48% revenue increase year-over-year, with earnings per share of $0.16, surpassing estimates.</p>

- Bank of America raised its price target for Palantir Technologies from $180.00 to $215.00, maintaining a "buy" rating, indicating a potential upside of 19.89%.  
- Other analysts have also adjusted their targets, with Cantor Fitzgerald setting it at $155.00 and Wedbush at $200.00, while the consensus rating remains "Hold" with a target of $140.22.  
- Palantir reported a 48% revenue increase year-over-year, with earnings per share of $0.16, surpassing estimates, and insiders have sold significant shares recently.  

Palantir Technologies (NASDAQ:PLTR) Stock Price Expected to Rise, Bank of America Analyst Says