"Analyzing PLTR Stock: Potential for Trillion-Dollar Growth by 2030"

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Source: Yahoo Finance
"Analyzing PLTR Stock: Potential for Trillion-Dollar Growth by 2030"
Photo: Yahoo Finance
TL;DR Summary

Palantir Technologies Inc. (PLTR) stock closed at $17.33, down 1.53% from the previous session, while the S&P 500 gained 0.29%. The company's stock has climbed 1.09% in the past month, falling short of the sector and S&P 500 gains. Investors are eagerly awaiting the upcoming earnings report, with expectations of a 100% increase in EPS and a 18.65% rise in revenue compared to the year-ago quarter. Analyst estimate revisions and the Zacks Rank system are being closely monitored for insights into the company's business outlook. The stock is currently rated as a Hold with a Forward P/E ratio of 59.92, indicating a premium compared to the industry average.

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