The Latest Breaking News from Palantir Technologies

Palantir Technologies Inc (NYSE: PLTR) is poised to benefit from the rapid growth of in-demand artificial intelligence (AI) platforms in commercial and government end markets.

Over the past 3 months, 9 analysts have published their opinion on Palantir Technologies (NYSE:PLTR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Palantir Technologies's (NYSE:PLTR) short percent of float has risen 5.48% since its last report. The company recently reported that it has 110.49 million shares sold short, which is 6.74% of all regular shares that are available for trading.

Shares of leading software platform Palantir Technologies (PLTR) have recently dropped after reporting its Q1 earnings report. However, over the past five days the stock has rallied somewhat, thanks to new government contracts signed by the company. Given its negative profit margins and rich valuation, will the stock be able…

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 2.3% at $7.29. The company Monday said it expects second-quarter revenue below analyst estimates. The company Tuesday received a number of analyst rating updates.

Someone with a lot of money to spend has taken a bearish stance on Palantir Technologies (NYSE:PLTR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Upgrades

Palantir Technologies (NYSE:PLTR) has observed the following analyst ratings within the last quarter:

Even though the momentum of Palantir Technologies (PLTR) stock has been to the downside, contrarian tech investors should seize the opportunity to grab some shares.