Palantir Q2 Earnings Preview: Grab rewards by guessing the opening price!
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Just a heads-up:
Earnings Challenge is in full swing! What's your take on Palantir's earnings and its stock performance? Now join the challenge, leverage moomoo's handy features to support your views on Palantir and earn plenty of rewards!Don't miss the chance to win big>>
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Since its Q1 earnings release, shares of$Palantir (PLTR.US)$have seen an increase of15.26%.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 guessthe price range of$Palantir (PLTR.US)$'s opening priceat 9:30 ET August 6(e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 6:00 ET August 6)
● Exclusive 300 points:For the writer of the top post onanalyzing$Palantir (PLTR.US)$'s earnings prospects.
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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.
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.
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.
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.
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.
151735130 : Good
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.
New93 : blah
71315376 : Pltr is a turtle that walks slowly
Song8238 :
Zhu Lin511 : Ok
70584714 : I am guessing between 28 - 30 as the number of contracts they have signed in the last year is nothing short of extraordinary!
A BNMKLA : 24-26
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