Palantir Stock Outperforms S&P 500 Despite Monthly Slump, Analysts Bullish on Future Growth
• Palantir Technologies Inc. (PLTR) stock beat the S&P 500’s gains, ending 0.62% up compared to the index’s 0.59% increase.
• PLTR shares have fallen 16.4% over the past month, underperforming the Business Services sector’s 7.2% gain.
• For the upcoming quarter, PLTR is predicted to post 100% EPS growth year-over-year to $0.08 per share.
• Full-year consensus estimates forecast PLTR will deliver 316.67% EPS growth and 16.5% revenue growth.
• PLTR currently holds a Zacks Rank #1 (Strong Buy), indicating analysts are optimistic about its business and profitability outlook.