On Monday, August 4, the US data analysis specialist Palantir will present its figures for the second quarter after the close of trading. The anticipation is immense: the share price has doubled since the April low and reached new all-time highs - expectations for the figures could hardly be higher.
Bloomberg analysts expect average earnings per share of USD 0.14, i.e. an increase of 55%. Analysts are forecasting sales of USD 940 million, which would correspond to an increase of almost 39%. At the last presentation of figures in May, Palantir reported a veritable boom in demand for AI solutions. The company reacted promptly and raised its sales forecast. The published results clearly exceeded analysts' forecasts.
Depending on whether Palantir exceeds or disappoints expectations, the price swings could be more pronounced. For active investors, there are interesting trading opportunities here - especially with leveraged products.
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