Palantir Technologies' Next Earnings Report on Aug. 3 Could Send the Stock Soaring. Here's Why.
Analysts expect 80% revenue growth this quarter.
Overview
With all the attention artificial intelligence infrastructure stocks are getting these days, AI software companies putting that tech to work tend to get overlooked. Palantir Technologies (NASDAQ:PLTR), the data analytics software company, is down 31% this year and has crashed more than 40% from its all-time highs.
But Palantir is set to report its second-quarter earnings after the close on Aug. 3, and I think it’s a good time for investors to reconsider Alex Karp’s company. I’m expecting big things from the Q2 report, and I think Palantir will remind everyone how strong this company’s growth story really is.
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Originally published at www.fool.com.
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