Palantir Q2 Preview: 81% Revenue Growth Expected, Guidance Lift Likely
PLTR sits 18% above its 52-week low of $106.37.
Summary
Palantir reports Q2 earnings after the close, with consensus at $1.81B revenue (up 81% YoY) and adjusted EPS of 34 cents. Oppenheimer expects a beat and guidance raise to ~75% full-year growth, driven by strong US commercial demand and government spending tied to the Iran conflict. However, Morgan Stanley warns that even a beat-and-raise may not lift the stock, which fell after Q1 results, and that clearer US commercial acceleration is needed for a re-rating. The backdrop includes recent European contract losses and a 52-week low in June, but D.A. Davidson argues the Anthropic-Pentagon dispute removes a key competitive threat. The report will test whether robust growth can overcome lingering skepticism.
At the time of this announcement, PLTR was trading at $125.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $299.9B. The 52-week trading range was $106.37 to $207.52. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.