Palantir’s Q3 Report To Test Stock Defensiveness Amid AI Panic — What Analysts Are Expecting …


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Explore the latest developments concerning Palantir’s Q3 Report.

Palantir’s Q3 Report To Test Stock Defensiveness Amid AI Panic — What Analysts Are Expecting

PLTR hit an all-time high in early October before falling 1.5% during the month, compared with a nearly 7% drop in the Invesco QQQ Trust Series 1 (QQQ).

Analysts expect Palantir's Q3 revenue to rise 85%, compared to a 94% rise in Q2.

Palantir Technology (PLTR) will report third-quarter results after the market closes on Monday, with the stock's AI durability on the line even as analysts expect a comfortable beat.

Though the stock faced pressure as investors pulled back from AI-linked stocks in October, PLTR's pullback has been less severe. It hit an all-time high in early October before falling 1.5% during the month, compared with a nearly 7% drop in the Invesco QQQ Trust Series 1 (QQQ).

Palantir Earnings On Tap. Can Software Maker Buck AI Sell-Off?

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With third-quarter earnings due late Monday for Palantir Technologies (PLTR), Wall Street analysts stellar revenue growth once again. But will the revenue impress amid tough year-over-year comparisons for Palantir stock and a sell-off in artificial intelligence plays generally? The October sell-off of AI stocks largely impacted data center and infrastructure plays while software companies have fared somewhat better. In Q3,…

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