Palantir Technologies (NASDAQ:PLTR) Trading Down 5.4% - What's Next? - MarketBeat

Palantir Technologies stock analysis reveals mixed analyst sentiment and recent trading activity following earnings results.

Palantir Technologies shares dropped 5.4% on Friday despite beating earnings expectations with $0.16 per share versus the $0.14 consensus estimate. The data analytics company reported $1 billion in quarterly revenue, surpassing analyst projections of $939.29 million and representing 48% year-over-year growth. Several major investment firms recently upgraded their price targets, though analyst ratings remain mixed.

• Stock closed at $175.44 after falling from $185.47, with trading volume declining 38% from average sessions
• Multiple analysts raised price targets, including Deutsche Bank upgrading from "sell" to "hold" with a $160 target
• Insider trading activity shows executives selling significant positions, with over $244 million in stock sales over 90 days
• Institutional investors like Vanguard and State Street have increased their holdings, now controlling 45.65% of company stock