Palantir Stock Slides as Broader Markets Dip; EPS Growth Expected Despite Premium Valuation
• Palantir Technologies Inc. (PLTR) stock dropped 0.85% while broader markets fell 0.25-0.6% • PLTR stock has declined 7.91% over the past month compared to a 1.2% S&P 500 gain • PLTR expected to report 100% EPS growth to $0.08 next quarter with 18.65% revenue growth • PLTR trades at premium 56.27 forward P/E compared to industry average 22.38 • Zacks Rank system gives PLTR a Hold rating based on estimate changes influencing stock prices