Here's How Much Palantir Stock Is Expected to Move After Earnings
Palantir's next earnings report is set to be released on Monday, with traders expecting a big swing in the company's stock in the days that follow. The company's revenue is projected to come in at a record $1.54 billion, representing a 74% year-over-year jump.
Palantir is scheduled to post its latest quarterly results after the closing bell on Monday. Traders are anticipating a big swing in the company's stock, with options pricing suggesting a potential move of up to 9% in either direction by the end of the week. Palantir's first-quarter revenue is projected to come in at a record $1.54 billion, a 74% year-over-year jump. Adjusted earnings per share are seen more than doubling to 28 cents. Analysts from Wedbush and Baird see upside for Palantir to top revenue estimates as commercial and government contracts continue to grow. Wall Street analysts are largely bullish on Palantir stock, with six out of nine analysts rating it a 'buy'.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.