Cathie Wood's ARK Adds ~$140M of Palantir (PLTR) Stock Through All Six Active ETFs

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Palantir Technologies Inc. (PLTR) PT Raised to $25 at Wolfe Research

August 13, 2021 7:43 AM EDT

Wolfe Research analyst Alex Zukin raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $25.00 (from $20.00) after Revenue of $375.6M rose +49% Y/Y and beat consensus by $15.3M or 4.3%. Adj. operating income of $116.7M (31.1% margin) was ~$34.8M/8pp ahead of consensus operating... More

Morgan Stanley Questions Durability of Palantir Technologies Inc. (PLTR) Growth, PT Raised to $22

August 13, 2021 7:18 AM EDT

Morgan Stanley analyst Keith Weiss raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $22.00 (from $19.00) after the company reported 20 net new customers and revenue growth accelerated to +28% YoY. These were the highlights of the report but durability of this... More

UPDATE: RBC Capital Assumes Palantir Technologies Inc. (PLTR) at Sector Perform

August 13, 2021 5:34 AM EDT

(Updated - August 13, 2021 8:05 AM EDT)

RBC Capital analyst Rishi Jaluria assumes coverage on Palantir Technologies Inc. (NYSE: PLTR) with a Sector Perform rating and a price target of $25.00 after the company reported a strong 2Q before the bell. Results were above consensus... More

Palantir Technologies Inc. (PLTR) PT Raised to $30 at Jefferies

August 12, 2021 1:59 PM EDT

Jefferies analyst Brent Thill raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $30.00 (from $28.00) while maintaining a Buy rating following results.

Shifting to the Next Gear on Commercial... More

Active options: PLTR AAPL CLOV MU MRNA NIO TSLA AMD AMC

August 12, 2021 9:57 AM EDT

Active options: PLTR AAPL CLOV MU MRNA NIO TSLA AMD AMC

... More

Pre-Open Stock Movers 08/12: (XONE) (OPEN) (HIMS) Higher; (MDVL) (DIBS) (MYPS) Lower (more...)

August 12, 2021 9:24 AM EDT

Pre-Open Stock Movers:

The ExOne Company (NASDAQ: XONE) 42.4% HIGHER; Desktop Metal, Inc. (NYSE: DM) and The ExOne Company (NASDAQ: XONE) (ExOne) announced today they have entered into a definitive agreement pursuant to which Desktop Metal will acquire all of the issued and outstanding shares of ExOne common stock. Under the terms of the agreement, ExOne shareholders will receive $8.50 in cash and $17.00 in shares of Desktop Metal common stock for each share of ExOne common stock, for a total consideration... More

Palantir (PLTR) Soars 9% On a Beat-and-Raise

August 12, 2021 8:18 AM EDT

Palantir (NYSE: PLTR) reported better-than-expected second-quarter earnings to send its shares over 9% higher in pre-open Thursday.

The company reported EPS of $0.04 to beat the analyst estimate of $0.03. Sales soared 49% to $376 million, again better than the consensus estimate of $353.23 million.

The company... More