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Palantir (PLTR) is expected to post $0.22 in earnings per share (EPS) in its first quarter.
Options traders are betting on an 8.21% post-earnings rally for Palantir shares.
KEY POINTS
- HSBC downgraded Palantir to 'Neutral' due to competition from AI rivals like Anthropic and OpenAI.
- Palantir’s stock broke above its 50-day moving average, suggesting potential for further upside.
- Palantir’s consensus Wall Street price target remains $195, over 30% higher than current levels.
COMPANIES
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