Palantir’s Q3 Earnings Anticipation Drives Options Market Volatility
Palantir Technologies (PLTR) faces heightened options market activity ahead of its November 3 earnings report, with traders pricing in an 11.67% implied move. The data analytics firm's stock has historically averaged 10.8% post-earnings swings, reflecting its status as a volatile AI play.
Wall Street anticipates $0.17 EPS (70% YoY growth) and $1.09 billion revenue (50% YoY increase), fueled by demand for its AI Platform. Piper Sandler's bullish $201 price target underscores confidence in Palantir's government contracts and commercial expansion, though valuation concerns linger.