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Palantir Q3 earnings preview: Buy, Sell, or Hold?
$Palantir (PLTR.US)$ plans to release its Q3 2024 earnings after market close on November 4. AI market size is expected to expand rapidly fr Show More
$Palantir (PLTR.US)$ plans to release its Q3 2024 earnings after market close on November 4. AI market size is expected to expand rapidly from $184 billion this year to $827 billion by 2030. Capturing this boom, Palantir's share price soared near 150% this year.
The latest guidance indicates that Q3 revenue is expected to increase marginally by 3% q/q, hinting at a potential slowdown in growth for the second half of the year. However, analysts believe that driven by strong demand for AIP and strategic government contracts, Palantir is likely to exceed its revenue and earnings expectations for Q3.
🎙️Discussion
1. Are you planning to adjust your portfolio ahead of PLTR's earnings?
2. Will PLTR's earnings report drive the stock price higher?
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