$Palantir (PLTR.US)$ If defense spending is reduced, it will be necessary to operate even more efficiently with Palantir's AI, so Palantir's role will likely increase further and grow.

$Palantir (PLTR.US)$ Topics like this often lead to a decline that lasts only one day. It is just the Short Sell forces selling off and causing the drop. The stock market will return to normal on Friday.

$Palantir (PLTR.US)$
Palantir Technologies Inc is scheduled to announce its Earnings Reports for the fourth quarter of 2024 on February 3, 2025. Market Financial Estimates suggest that revenue is expected to be approximately $0.7 billion, an increase of about 27.7% compared to the same period last year, and that EPS is expected to be $0.04, a decrease of 3.0% year-on-year.
The company is experiencing accelerated revenue growth due to increased demand for its AI platform. In the third quarter of 2024, revenue reached $0.7 billion, an increase of 30% year-on-year, and net profit recorded an all-time high of $0.1 billion.
For the fourth quarter forecast, adjusted operating profit is expected to be approximately $0.3 billion, which is likely to exceed the market average estimate of $0.2 billion 61.6 million.
Palantir's stock price is on an upward trend amid rising demand for AI. As of February 1, 2025, the stock price is $82.49, up $1.27 (approximately 1.56%) from the previous day...