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Wall Street's Outlook on Palantir Ahead of Earnings

1 min read
Source: TheStreet
Wall Street's Outlook on Palantir Ahead of Earnings
Photo: TheStreet
TL;DR

Palantir's stock has surged 340% in 2024, driven by a major U.S. Army contract worth up to $10 billion and strong AI demand. The company is set to report second-quarter earnings on August 4, with analysts optimistic about its growth prospects despite high valuation multiples. A recent deal with the Army and positive analyst ratings suggest continued bullish sentiment.

Topics:business#ai#business#earnings#palantir#stock-forecast#us-army-contract
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  1. Analyst updates Palantir stock forecast before key earnings  TheStreet
  2. Why Is Wall Street Obsessed With AI (Artificial Intelligence) Leader Palantir?  Yahoo Finance
  3. Should You Invest $10,000 in Palantir Stock Right Now?  The Motley Fool
  4. Palantir: Q2 Preview, Government Contract Risk (Rating Downgrade) (NASDAQ:PLTR)  Seeking Alpha
  5. What Wall Street Analysts Think of Palantir Stock Ahead of Earnings  Investopedia

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