PLTR Stock Near Record High Pre Q1 Earnings, as Defense Dollars Power Palantir

As investors wait for crucial Q1 earnings that might either validate or halt its recent run, Palantir Technologies' shares are riding a huge

Palantir stock price giving positive signs ahead of Q1 earnings

Quick overview

  • Palantir Technologies shares have surged approximately 88% over the past month, closing at a record weekly high just below its all-time peak.
  • Investors are eagerly awaiting the company's Q1 earnings report, which is expected to show a significant year-over-year revenue increase of 36%.
  • Analysts predict strong growth in both Government and Commercial segments, with revenues projected at $460 million and $405 million respectively.
  • The upcoming earnings report is critical, as it must meet high expectations to sustain the stock's recent momentum amid rising investor interest.

As investors wait for crucial Q1 earnings that might either validate or halt its recent run, Palantir Technologies’ shares are riding a huge wave of enthusiasm.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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