Palantir Technologies (PLTR) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
The upgrade reflects a positive comment on the company's earnings outlook, implying an improvement in its underlying business. Analysts have been raising their estimates for Palantir Technologies, with the Zacks Consensus Estimate increasing 9.8% over the past three months. The company is expected to earn $0.38 per share for the fiscal year ending December 2024, representing a 52% year-over-year change. The upgrade positions Palantir Technologies in the top 20% of Zacks-covered stocks, indicating a potential for market-beating returns in the near term. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Palantir Technologies Inc. (PLTR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in
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PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- PLTR's page on the SEC website