Palantir Stock (PLTR) Braces for Volatility Ahead of Q3 Earnings
Palantir Technologies (PLTR) approaches its November 3 earnings report with options markets pricing in an 11.7% swing, reflecting heightened volatility expectations. The stock's 150% year-to-date surge stems from AI platform demand, new government contracts like Poland's $192.83M defense deal, and robust financials—though valuation concerns persist.
Wall Street anticipates $0.17 EPS (70% YoY growth) and $1.09B revenue (50% YoY), with investor focus on AIP adoption and Q4 guidance. The options market's implied MOVE suggests traders are positioning for binary outcomes post-earnings.