After a successful close that sent its stock up nearly 6% yesterday, Palantir (NASDAQ: PLTR) was slipping 2% in pre-market trading at the time of writing, March 3, despite a notable endorsement from a Wall Street company.
Palantir (NASDAQ: PLTR) stock insiders have been engaged in extensive selling of PLTR equity since 2026 started with the activity apparently intensifying over the last two weeks.
Lockheed Martin and Palantir offer distinct but complementary reasons to be in investors' portfolios right now, especially in an environment shaped by rising geopolitical tensions.
Palantir Technologies Inc. NASDAQ: PLTR stock was up over 5% in intraday trading on Monday, March 2. The rally was caused by the initiation of military action by the United States and Israel against Iran.
Palantir Technologies ( NASDAQ:PLTR | PLTR Price Prediction ) has ridden the AI wave to extraordinary heights, emerging as one of the standout beneficiaries in the tech landscape.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Palantir Technologies (PLTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the past year, Palantir Technologies (PLTR) increased by 62% due to heightened commercial AI adoption and record contract bookings of $4.26 billion, resulting in an exceptional combination of strong growth and profitability.
Defense spending is due to get “more urgent and less controversial,” an analyst notes, and numerous stocks could benefit.
Palantir reported Q4 revenue up 70% year-over-year and adjusted EPS up 79%, delivering another double beat, despite already elevated expectations from analysts. Commercial revenue surged 137% year-over-year, driven by accelerating AIP adoption and large expansion deals from both existing and newly acquired enterprise customers. Government momentum strengthened, with major contracts, like the $448 million ShipOS deal, deepening Palantir's entrenchment across critical defense infrastructure programs.
Data and software company Palantir, which holds billions of dollars in government and military contracts, will have to cut off its relationship with Anthropic if it wants to keep working with the Defense Department. Rooted in an agreement inked in 2024, Palantir uses Anthropic's Claude model in its own artificial intelligence platform.
UBS upgraded Palantir Technologies Inc (NYSE:PLTR) shares to ‘Buy' from ‘Neutral,' highlighting the software company's positioning at the intersection of artificial intelligence (AI) and data spending. The analysts wrote that investors should consider “taking advantage of this -35% move off the peak for the premier growth story in software.