Palantir Stock in Investor Spotlight as Strong Growth Expected
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Palantir Technologies (PLTR) stock has recently been heavily searched by investors, returning +1.5% over the past month compared to +2.8% for the S&P 500.
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Palantir is expected to post strong earnings growth this quarter and next fiscal year, with analysts revising estimates upward.
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Revenue growth is also expected to be robust at +17.1% this quarter and +21.3% next fiscal year.
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Palantir beat revenue estimates last quarter by +0.81% and has topped consensus 3 out of the last 4 quarters.
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The stock is currently trading at a premium valuation compared to peers, with a Zacks Value Style Score of F.