Palantir Q3 Earnings Preview: Options Market Prices in 10.48% Volatility Swing
Palantir Technologies (PLTR) faces heightened expectations as it prepares to report third-quarter earnings, with options traders pricing in a potential 10.48% price swing—below its 16.8% average post-earnings volatility over the past year. The artificial intelligence and data analytics firm's performance will hinge on updates regarding AI platform contracts, government deals, and commercial expansion.
Wall Street anticipates earnings of $0.17 per share, a 70% year-over-year increase, with revenue projected to climb nearly 50% to $1.09 billion. Wedbush analyst Dan Ives maintains a bullish $200 price target, citing Palantir's strategic positioning in AI-driven enterprise solutions. The company has surpassed earnings estimates in eight of the past nine quarters, reinforcing investor confidence in its execution capabilities.
