Reported 22 days ago
As Palantir Technologies prepares to announce its third-quarter earnings, analysts exhibit a largely cautious stance, with only two out of twelve believing the stock will continue to rise. Following a significant increase in demand for its Artificial Intelligence Platform, Palantir's shares have more than doubled this year. However, concerns about sustaining this momentum have led to projections suggesting a potential 34% drop from its current price, amidst forecasts of 26% revenue growth.
Source: YAHOO