The double upgrade from a highly accurate firm adds legitimacy to the bullish thesis, but the insider selling and extreme short interest inject caution. Traders should view this as a confirmatory signal for existing longs but avoid chasing; the elevated short ratio could amplify either a breakout or a breakdown.
Price Chart
Executive Summary
DA Davidson double-upgraded PLTR from Neutral to Buy, raising its price target to $175 from $165. The firm boasts an 88% accuracy rate on eight PLTR calls, placing it among the most reliable covering the stock. The broader consensus is strongly bullish — 26 of 38 analysts (68%) rate the stock Buy or Strong Buy, with a mean target of $182.75 and median of $200. PLTR currently trades at $125.73, implying 39-45% upside to these targets. Analyst momentum is positive: two upgrades and no downgrades in 30 days, with EPS revisions rising across all periods. Insider selling of ~$930,000 over six weeks diverges from the bullish signal, while hefty institutional moves include Bank of America adding 28.7% and Point72 starting a new $18.5M position. Short interest is extreme at 46.3% of float. The upgrade from a top-tier firm adds conviction to the bullish case, but traders should weigh the conflicting insider and short-interest signals.
Impact Score
Consensus & Targets
The broader analyst consensus is strongly bullish: 26 of 38 analysts (68%) rate PLTR Buy or Strong Buy, 10 rate Hold, and 2 rate Sell or Strong Sell. The mean price target is $182.75 with a median of $200, implying 45% upside from the current price. The consensus direction is clearly bullish.
Analyst price targets range from a low of $70 to a high of $255. The mean target is $182.75, median $200. DA Davidson's new $175 target sits below both the mean and median, representing a relatively conservative bullish view. At $125.73, the stock offers 39% upside to DA Davidson's target and 45% to the mean target.
Recent Analyst Activity
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| 2026-07-02 | DA Davidson | upgrade | Buy | $175.00 |
| 2026-06-16 | Wolfe Research | upgrade | Peer Perform | — |
| 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 |
Analyst momentum is positive: 2 upgrades and 0 downgrades in the past 30 days. Earnings estimates are being revised higher across all periods — 30-day EPS revisions show 21 up for the current quarter (0 down), 19 up for next quarter, and 26 up for both the current and next fiscal year. No downward revisions have occurred in the last 30 days.
Firm Track Record — DA Davidson
DA Davidson accuracy: 53% on 1587 calls | avg return: 3.2%
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 |
DA Davidson has an 88% accuracy on 8 PLTR calls with an average return of 44.7%, ranking it top-tier among covering firms. Best-performing firms include Wedbush (100% on 8, avg return 54.7%), Loop Capital (100% on 6, avg 35.6%), and Northland Capital Markets (100% on 3, avg 73.2%). Less-accurate firms include Raymond James (50% on 2, avg 110.7%) and Argus Research (50% on 2, avg 72.0%).
Earnings Estimates
Next earnings: Aug 3, 2026
| Period | EPS Est. | EPS Range | Revenue | Revisions (7d) |
|---|---|---|---|---|
| 0q | $0.35 | $0.33 — $0.40 | $1.8B | ↑9 ↓0 |
| +1q | $0.37 | $0.34 — $0.44 | $2.0B | ↑8 ↓0 |
| +1y | $2.08 | $1.59 — $2.72 | $11.2B | ↑1 ↓0 |
| 0y | $1.47 | $1.29 — $1.70 | $7.7B | ↑1 ↓0 |
Cross-Platform Signals
Insider selling diverges from the bullish analyst call: five trades totaling ~$930,000 over six weeks, including sales by Moore Alexander D. and Buckley Jeffrey. Institutional activity is mixed — Bank of America added 28.7% to its position, while Norges Bank and Capital World Investors fully exited. Point72 initiated a new $18.5M position. Short interest is extremely high at 46.3% of float, a potential squeeze catalyst. Congressional activity shows a small buy from Senator John Boozman.
Investment Themes
Documents Analyzed
Report based on filing metadata.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Press Release | $182.53 $167.23 | ▼ −8.38% | ▼ −7.23% | $193.79 (+6.17%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▲ +4.16% | ▲ +4.70% | $193.79 (+12.19%) |
Aug 25, 2026 5w ago | Insider Cluster | $172.73 $179.92 | ▼ −4.16% | ▼ −4.70% | $193.79 (−12.19%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $193.79 (+10.78%) |
Aug 11, 2026 7w ago | Insider Cluster | $174.94 $171.55 | ▼ −1.94% | ▼ −1.54% | $193.79 (+10.78%) |
Jul 2, 2026 13w ago | ANALYST-UPGRADE | $129.30 $129.04 | ▼ −0.20% | ▼ −1.13% | $193.79 (+49.88%) |
Jun 18, 2026 15w ago | Insider Cluster | $128.47 $107.27 | ▼ −16.50% | ▼ −14.84% | $193.79 (+50.84%) |
Jun 16, 2026 15w ago | ANALYST-UPGRADE | $133.25 $116.70 | ▼ −12.42% | ▼ −10.19% | $193.79 (+45.43%) |
Jun 3, 2026 17w ago | Insider Cluster | $142.21 $130.21 | ▼ −8.44% | ▼ −4.62% | $193.79 (+36.27%) |
May 23, 2026 18w ago | Insider Cluster | $136.61 $152.20 | ▲ +11.41% | ▲ +10.20% | $193.79 (+41.86%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access