Reported 1 day ago
Palantir Technologies Inc. (PLTR) has gained attention as one of the most searched stocks recently, boasting a return of +40.9% in the past month compared to the S&P 500's +1.7%. Analysts project earnings of $0.11 per share for the upcoming quarter, a 37.5% increase year-over-year. Despite impressive revenue growth, with an expected sales increase of +28% for the current quarter, Palantir's valuation remains high, graded 'F' in the Zacks Value Style Score. The Zacks Rank of #3 indicates it may perform similarly to the broader market in the near term.
Source: YAHOO