Palantir Q1 Earnings Preview: Grab rewards by guessing the opening price!
Palantir is releasing its Q1 2024 earnings after the market closes on May 6.
Despite the huge gains, the tech stock is still trading 44% below its all-time high. How will the market react to the upcoming results? Make your guess now! ![]()
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Palantir (PLTR.US)$'s opening price at 9:30 AM ET May 7 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 8:00 AM ET May 7)
● Exclusive 300 points: For the writer of the top post on analyzing PLTR's earnings prospects.
● Limited Offer: Enjoy 3 months of Nasdaq TotalView level 2 data on us, forecast more stocks' opening price after earnings release more accurately! Explore Now>>
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
Disclaimer: This material is for informational use only and is not a recommendation of any investment and should not be used as the primary basis of any investment decisions. There is no assurance that any estimates or price targets mentioned will occur. Investing involves risks. Past performance is not indicative of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. For AU users: AFSL 224663. All investments carry risks. Consider FSG before applying. Data and information displayed in these images are obtained from independent third-party sources. They do not constitute any financial advice, recommendation or solicitation to acquire or dispose financial products. All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. The reward selection shall be made upon moomoo's sole discretion and determination. Points may be redeemed only through the moomoo app and have no other value. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Community Official Account
Trade like a pro.
41KFollowers
81Following
32KVisitors
Follow
I Am 102927471 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
kiriigaya : Diving Deep into PLTR’s Earnings Preview!
What to Watch:
Price Target Insights:
Analyst Ratings:
As we gear up for PLTR’s earnings call, the anticipation is palpable. With a consensus revenue forecast of $617.69M, marking an impressive 176% year-over-year growth, and an EPS of $0.03, which signifies a 227% increase from the previous year, PLTR is not just growing; it’s soaring!
The current price target stands at a bullish $35.00, reflecting the optimism surrounding PLTR’s financial trajectory. Analyst ratings from Monness and Jefferies maintain a steady outlook, while Wedbush projects a bullish rise, echoing the market’s high expectations.
Earnings Call Date: 05/06 at 5:00 PM ET
Revenue Growth: +176% YoY reaching $617.69M
EPS Increase: +227% YoY at $0.03
Year-to-Date Performance: +32.96%
Current Price: $22.83
High Estimate: $35.00
Low Estimate: $5.00
Monness: Hold (Updated on April 26th)
Jefferies: Hold (Updated on February 1st)
Wedbush: Buy ($30 – $35, Updated on March 8th)
Join moomoo on 05/06 at 5:00 PM ET to uncover the full extent of PLTR’s financial prowess. Will PLTR meet, exceed, or fall short of the market’s high expectations? Tune in to find out!
#PLTREarnings #StockMarket #FinancialGrowth
102362254 : Analysts expect Palantir to announce Q1 2024 revenue of $617.69 million, up from last year. Net income is predicted to reach $83.94 million, or 3 cents per share, compared to $19.15 million and 1 cent per share last year.
This growth is driven by rising demand for AI solutions, with investors eyeing sustained growth in the commercial segment, projected to hit $290.4 million. This could signal Palantir's expansion beyond government clients. Let’s hope Palantir will open above 26 on May 7.
wasclwlky : Probably missing 0.8 expectations
Jassson : It must be.
70785290 : Throw
70793233 : They're going to crush earnings and lay down positive forecasts!
berty d trader : yep
Butch G : 26.32
Golden Touch : Gap and go
View more comments...