Reported 2 days ago
Palantir Technologies is set to report its second-quarter earnings soon, with its stock having more than doubled this year, making it the best-performing stock in the S&P 500. Despite this significant rise, only 2 out of 12 analysts rate it as a 'buy', with many cautious about its valuation compared to a consensus price target of $107. Analysts predict Palantir will post revenue of $939.6 million, reflecting a 39% increase year-over-year.
Source: YAHOO