Should You Buy Palantir Stock Ahead of Q1 Earnings Report?
From Nasdaq: 2025-04-29 13:48:00
Palantir Technologies Inc. (PLTR) will report first-quarter 2025 results on May 5, with an estimated 13 cents in earnings and $862.9 million in total revenues, showing 62.5% and 36% growth year-over-year, respectively. The company has an impressive earnings history, but the current model suggests a lesser chance of an earnings beat this time.
Despite expectations of significant year-over-year growth in both Government and Commercial segments, Palantir’s stock has surged 52% year to date, outperforming industry peers like Nvidia and Oracle. However, with a high valuation compared to industry standards, investors should be cautious about potential volatility and consider selling at current levels to protect gains.
Zacks Investment Research names a semiconductor stock with strong earnings growth and an expanding customer base, poised to capitalize on the growing demand for AI, Machine Learning, and IoT, as global semiconductor manufacturing is projected to increase from $452 billion in 2021 to $803 billion by 2028. Interested investors can access the stock for free to explore its potential.
Read more at Nasdaq: Should You Buy Palantir Stock Ahead of Q1 Earnings Report?