Reported 21 days ago
Palantir Technologies Inc. is set to report its earnings soon, following a remarkable 140% rise driven by AI enthusiasm this year, but concerns about its premium valuation persist. Analysts are skeptical, with predictions suggesting a decline in stock value due to high competition and the company's need to demonstrate substantial growth in commercial contracts. Investors are eager to see customer additions and sales growth, particularly in AI tools, as Palantir's inclusion in the S&P 500 has heightened expectations.
Source: YAHOO