Palantir Q2 earnings: Another significant stock price swing?...

Palantir Q2 earnings: Another significant stock price swing?

$Palantir (PLTR.US)$ will release its second-quarter earnings on August 5 after the bell. The consensus estimate predicts earnings of 8 cents Show More

$Palantir (PLTR.US)$ will release its second-quarter earnings on August 5 after the bell. The consensus estimate predicts earnings of 8 cents per share and total revenue of $652.3 million, representing year-over-year growth of 60% and 22.3%, respectively. The last three earnings releases have ushered in dramatic 10% or more swings in PLTR's share price.

Investors may be concerned with PLTR's government business but are likely more focused on PLTR's shift from government dependence to expanded commercial engagement.

Discussion:

1. What is your opinion on PLTR's upcoming performance?

2. Do you think PLTR's stock price will experience significant volatility this time as well?

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lauwaijen

39 minutes ago

Trying Out New Thing

Since all stocks performed badly today, I decided to short some stocks for the first time in my life, just to balance out my loss and for fun 😂

Palantir Q2 earnings: Another significant stock price swing?

Palantir Q2 earnings: Another significant stock price swing?

JohnnyWalkerBlue

1 hour ago

$Palantir(PLTR.US)$
is $32 gone forever?

Palantir Q2 earnings: Another significant stock price swing?

102125483 is my name

2 hours ago

$Palantir(PLTR.US)$

Palantir Q2 earnings: Another significant stock price swing?

Moo Live

5 hours ago

Palantir Q2 2024 earnings conference call

$Palantir(PLTR.US)$
Palantir Q2 2024 earnings conference call is scheduled for August 5 at 5:00 PM ET /August 6 at 5:00 AM SGT /August 6 at 7:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Palantir's Q2 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for information and e...

Aug 5 16:00

Book

Palantir Q2 earnings: Another significant stock price swing?

ForeverBean

7 hours ago

$Palantir(PLTR.US)$ I know it won't last till opening, but at least I got the screenshot Good memory

Palantir Q2 earnings: Another significant stock price swing?

ForeverBean

13 hours ago

$Palantir(PLTR.US)$ Bought some PUTs for fun. Not sure what happened today... It may go down to 23-24 after earnings next week. Hope it doesn't, cuz some friends of mine do hold a lot of shares... Its CEO reminds me of Elon Musk who loves makings grandiose plans.
Good luck.

Palantir Q2 earnings: Another significant stock price swing?

Moo Earnings

Yesterday 20:18

Palantir Q2 Earnings Preview: Grab rewards by guessing the opening price!

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$Palantir(PLTR.US)$ is releasing its Q2 earnings on August 5 after the bell. Unlock insights with Palantir Earnings Hub>>
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Palantir Q2 earnings: Another significant stock price swing?

115

ZnWC : Thanks for the guessing games
Here is my analysis:
Positive
1) Consensus estimate for earnings per share (EPS): 8 cents +60% YoY
2) Consensus estimate for total revenues: $652.3 million +22.3% YoY
3) Shares have surged 56.6% YTD. This performance has significantly outpaced the 17.3% rise of its industry and the 16% increase of the S&P 500 composite.
4) Palantir's AI solutions are crucial for enhancing defense capabilities, evident in its recent $480 million U.S. defense contract for AI system Maven. The company generates 55% of its revenues from government contracts and 45% from commercial ventures.
5) Palantir's expertise in AI-driven information warfare and cybersecurity supports its sustained growth amid evolving global security demands.
Negative
6) The company over-reliances on government contracts may pose a risk
7) Crowdstrike stock plummet after the IT outage may affect stocks of the cybersecurity industry
8) Fed meeting changing its stance to cut rate in September may affect tech stocks including Palantir.
My bet is the stock may rise after earnings but by a small percentage.

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102362254 : Palantir has seen strong revenue growth, with a notable 40% increase in commercial revenue in Q1, driven by more clients. It achieved 6 consecutive quarters of profitability, a big deal given its past losses, and expects higher profits in Q2. It has surged 69% this year, showing investor confidence, aided by partnerships like with Starlab Space. Palantir's focus on AI has made it a tech leader, especially in the U.S. commercial sector, which saw a 70% revenue jump in Q4 2023. Palantir's Q2 earnings are expected to show its growth and profitability with more business customers and AI projects.
I’m guessing the opening price will be between 28-30.

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151735130 : Good

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CNNT : My vote is 24 - 26 because the declining prospects of Trump winning may hit the stock price a little since the company's chairman is linked to Trump. Also, due to inflationary and cost pressure due to wars and oil price, the B2G market might not be as generous as before. Moreover, Palatir pricing is premium compared to its competitors in the B2B market. I don't feel optimistic about this counter based on macros.

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New93 : blah

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