What is DA Davidson's Estimate for PLTR FY2026 Earnings?

Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) - Analysts at DA Davidson cut their FY2026 earnings per share estimates for Palantir Technologies in a research note issued on Tuesday, April 15th. DA Davidson analyst G. Luria now expects that the company will post earnings per share of $0.20 for the year, down from their prior estimate of $0.26. DA Davidson has a "Neutral" rating and a $100.00 price target on the stock. The consensus estimate for Palantir Technologies' current full-year earnings is $0.31 per share.

PLTR has been the subject of a number of other reports. William Blair set a $84.00 target price on shares of Palantir Technologies in a research note on Wednesday, March 5th. Bank of America increased their target price on shares of Palantir Technologies from $90.00 to $125.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Northland Securities boosted their price target on Palantir Technologies from $38.00 to $80.00 and gave the stock a "market perform" rating in a research report on Tuesday, February 4th. Citigroup increased their price objective on Palantir Technologies from $42.00 to $110.00 and gave the company a "neutral" rating in a report on Wednesday, February 5th. Finally, Mizuho boosted their target price on Palantir Technologies from $44.00 to $80.00 and gave the stock an "underperform" rating in a report on Tuesday, February 4th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $74.71.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock traded up $1.07 during trading on Wednesday, hitting $93.78. 83,698,348 shares of the stock traded hands, compared to its average volume of 72,859,837. The company has a fifty day moving average price of $91.18 and a two-hundred day moving average price of $75.01. Palantir Technologies has a twelve month low of $20.36 and a twelve month high of $125.41. The stock has a market cap of $219.95 billion, a P/E ratio of 493.60, a PEG ratio of 10.84 and a beta of 2.74.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Mayfair Advisory Group LLC lifted its stake in shares of Palantir Technologies by 30.1% during the first quarter. Mayfair Advisory Group LLC now owns 15,020 shares of the company's stock valued at $1,268,000 after acquiring an additional 3,472 shares during the period. Cornerstone Wealth Management LLC lifted its position in Palantir Technologies by 14.2% during the 1st quarter. Cornerstone Wealth Management LLC now owns 8,366 shares of the company's stock valued at $706,000 after purchasing an additional 1,039 shares during the period. Mezzasalma Advisors LLC boosted its stake in shares of Palantir Technologies by 108.1% in the 1st quarter. Mezzasalma Advisors LLC now owns 8,802 shares of the company's stock valued at $743,000 after purchasing an additional 4,572 shares during the last quarter. Clarius Group LLC grew its position in shares of Palantir Technologies by 119.4% during the 1st quarter. Clarius Group LLC now owns 10,084 shares of the company's stock worth $851,000 after buying an additional 5,488 shares during the period. Finally, Optivise Advisory Services LLC bought a new stake in shares of Palantir Technologies during the first quarter worth approximately $279,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Insiders Place Their Bets

In related news, Director Lauren Elaina Friedman Stat sold 800 shares of Palantir Technologies stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $81.25, for a total value of $65,000.00. Following the completion of the transaction, the director now directly owns 61,339 shares of the company's stock, valued at $4,983,793.75. The trade was a 1.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Alexandra W. Schiff sold 6,776 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $86.63, for a total transaction of $587,004.88. Following the sale, the director now directly owns 184,617 shares in the company, valued at approximately $15,993,370.71. This represents a 3.54 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,989,975 shares of company stock valued at $253,328,090. 12.93% of the stock is currently owned by insiders.

Palantir Technologies Company Profile

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.