PLTR Palantir Technologies Inc.
Price Chart
Executive Summary
Argus Research double-upgraded Palantir Technologies Inc. (PLTR) to Buy from Hold on May 6, 2026, setting a $190 price target, implying 34.1% upside from the current $141.70. The firm has a 50% accuracy rate on 2 calls with an average return of 72%, placing it below average among covering firms. Consensus is heavily bullish: 26 of 38 analysts rate Buy or Strong Buy (68%), 10 Hold (26%), and 2 Sell/Strong Sell (5%). The mean price target is $183.73, median $200, with a wide range from $70 to $255. Argus's $190 target is slightly above the mean but below the median. No other upgrades or downgrades occurred in the prior 30 days, but EPS revisions are strongly positive — 26 upward revisions in the last 30 days for the current fiscal year. Insider selling is notable: five sales in late May/June totaling ~$1.7M, including by C-suite members. Short interest is elevated at 46.3% of float. The double upgrade from a below-average-accuracy firm is a modest positive signal, but the heavy insider selling and high short interest warrant caution.
Impact Score
Consensus & Targets
Consensus is heavily bullish: 12 Strong Buy, 14 Buy, 10 Hold, 1 Sell, 1 Strong Sell — 68% Buy/Strong Buy, 26% Hold, 5% Sell/Strong Sell. 38 analysts cover the stock, and the direction is clearly positive.
Mean price target $183.73, median $200, high $255, low $70. Current price $141.70 implies 29.7% upside to the mean. Argus's $190 target is 3.4% above the mean and 5% below the median, placing it in the upper half of the range.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-06-05 | Rosenblatt | maintain | Buy | $225.00 |
| 2026-06-05 | Wedbush | reiterate | Outperform | $230.00 |
| 2026-05-21 | Rosenblatt | maintain | Buy | $225.00 |
| 2026-05-06 | Citigroup | maintain | Buy | $225.00 |
| 2026-05-06 | Argus Research | upgrade | Buy | $190.00 |
| 2026-05-05 | RBC Capital | reiterate | Underperform | $90.00 |
| 2026-05-05 | Wedbush | reiterate | Outperform | $230.00 |
| 2026-05-05 | DA Davidson | maintain | Neutral | $165.00 |
| 2026-05-05 | Rosenblatt | maintain | Buy | $225.00 |
| 2026-05-01 | HSBC | downgrade | Hold | $151.00 |
No upgrades or downgrades in the 30 days prior to this action. EPS revisions are strongly positive: 26 upward revisions in the last 30 days for the current fiscal year, with zero downward revisions. Estimates are being revised higher across all periods.
Firm Track Record — Argus Research
Argus Research accuracy: 54% on 339 calls | avg return: 3.7%
Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.
| Firm | Accuracy | Calls | Avg Return | vs Average |
|---|---|---|---|---|
| Wedbush | 100% | 8/8 | 54.7% | top tier |
| Loop Capital | 100% | 6/6 | 35.6% | top tier |
| Northland Capital Markets | 100% | 3/3 | 73.2% | top tier |
| DA Davidson | 88% | 7/8 | 44.7% | top tier |
| Citigroup | 83% | 5/6 | 26.5% | top tier |
| B of A Securities | 83% | 5/6 | 24.6% | top tier |
| UBS | 80% | 4/5 | 16.5% | top tier |
| Cantor Fitzgerald | 80% | 4/5 | 20% | top tier |
| Morgan Stanley | 80% | 4/5 | 25.8% | top tier |
| Baird | 67% | 2/3 | 2.4% | top tier |
Argus Research has a 50% accuracy rate on 2 calls with an average return of 72%, ranking below average. Top-tier firms include Wedbush (100% on 8 calls, avg return 54.7%), Loop Capital (100% on 6 calls, avg return 35.6%), and Northland Capital Markets (100% on 3 calls, avg return 73.2%). Argus's call is less reliable than these peers.
Earnings Estimates
Next earnings: Aug 3, 2026
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| +1y | $2.07 | $1.59 — $2.72 | $11.2B | ↑1 ↓0 |
| 0y | $1.46 | $1.29 — $1.70 | $7.7B | ↑1 ↓0 |
| 0q | $0.34 | $0.32 — $0.40 | $1.8B | ↑9 ↓0 |
| +1q | $0.37 | $0.32 — $0.44 | $2.0B | ↑8 ↓0 |
Cross-Platform Signals
Insider selling is a bearish divergence: five sales in late May/June totaling ~$1.7M, including by C-suite members (Cohen, Sankar, Buckley). No insider buys. Institutional activity is mixed: Norges Bank added a new $5.1B position but also exited a prior one; FMR added 39.9%; Renaissance trimmed 36.6%. Short interest is extremely high at 46.3% of float, indicating heavy bearish positioning. The analyst upgrade is at odds with insider selling and high short interest.
Actionable Insight
The double upgrade is a modest positive, but the heavy insider selling and 46.3% short interest create significant headwinds. Traders should treat this as a cautious bullish signal — the upgrade alone is not enough to override the bearish cross-platform data.
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
7d ago
|
ANALYST-UPGRADE
| $133.74 $137.06 | ▲ +2.48% | ▲ +2.81% | $127.99 (−4.30%) |
|
Jun 3, 2026
10d ago
|
Insider Cluster
| $142.21 $141.67 | ▼ −0.38% | ▼ −0.78% | $127.99 (−10.00%) |
|
May 31, 2026
12d ago
|
ANALYST-DOWNGRADE
| $146.05 $135.84 | ▲ +6.99% | ▲ +7.79% | $127.99 (+12.36%) |
|
May 31, 2026
12d ago
|
ANALYST-UPGRADE
| $137.12 $145.14 | ▲ +5.85% | ▲ +5.79% | $127.99 (−6.66%) |
|
May 30, 2026
13d ago
|
ANALYST-UPGRADE
| $139.08 $144.00 | ▲ +3.54% | ▲ +3.32% | $127.99 (−7.97%) |
|
May 23, 2026
21d ago
|
Insider Cluster
| $136.61 $132.49 | ▼ −3.02% | ▼ −3.03% | $127.99 (−6.31%) |
|
May 23, 2026
21d ago
|
Insider Cluster
| $136.61 $132.49 | ▼ −3.02% | ▼ −3.03% | $127.99 (−6.31%) |
|
May 23, 2026
21d ago
|
Insider Cluster
| $136.61 $132.49 | ▼ −3.02% | ▼ −3.03% | $127.99 (−6.31%) |
|
May 6, 2026
5w ago
|
ANALYST-UPGRADE
| $133.74 $137.06 | ▲ +2.48% | ▲ +2.81% | $127.99 (−4.30%) |
|
May 5, 2026
5w ago
|
GOVT-CONTRACT
| $135.84 $133.74 | ▼ −1.55% | ▼ −2.93% | $127.99 (−5.78%) |
US Market Status
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