Reported 1 day ago
Palantir Technologies Inc. is set to report its earnings soon, putting its high valuation of nearly 170 times forward earnings under scrutiny. As the company's stock hits a record high, analysts express concerns over its ability to maintain growth amid rising competition and challenges in the European market. Expectations are low for earnings per share, suggesting potential volatility in the stock price, especially given significant insider sales recently. The pressure mounts on Palantir to deliver strong results to justify its current market valuation.
Source: YAHOO