Will Palantir Beat Down Analysts' Target Again?

Palantir's Earning Release Schedule

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Oct 15, 2024
Summary
  • Palantir consistently exceeds market expectations.
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Palantir Technologies Inc. (PLTR, Financial) will release its third quarter 2024 earnings on Monday, November 4, 2024 after the U.S. markets close.

Palantir invites anyone who wants to be their participants by pre-registering for the event and subsequently join their live webcast and replay it at investor.palantir.com. Shareholders can submit and vote on questions through the Say Technologies platform at https://app.saytechnologies.com/palantir-2024-q3.

For information, Palantir has beaten down analysts' estimations in the last five quarters as shown below:

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Palantir performs better than expected not only in revenue but also in net income:

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Despite consistently exceeding market expectations, the company is often underestimated by the analysts by setting modest targets.

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Based on the consensus recommendation from 19 brokerage firms, Palantir Technologies Inc's (PLTR, Financial) average brokerage recommendation indicates a "Hold" status.

The price action following the release may not be predicted but surely creates volatility.

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Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure