Palantir Nears The Tough $30 Barrier As Investors Watch Q2 Earnings Amid Fluctuating Stock Performance And Heightened Expectations
Palantir is set to release its Q2 2024 earnings on August 5, amid mixed sentiments about its stock value.
Palantir has seen its stock increase by 51% this year.
The company anticipates reporting a Q2 revenue of $665.9 million, reflecting modest year-over-year growth, and an operating profit margin of 36.1%, which suggests cautious yet steady growth.