Palantir Technologies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - Palantir Technologies Inc. is set to release its second-quarter earnings results on August 4, with analysts expecting earnings of 14 cents per share, an increase from 9 cents per share in the same period last year [1] - The projected quarterly revenue for Palantir is $939.47 million, compared to $678.13 million a year earlier, indicating significant growth [1] - The company recently secured a 10-year Enterprise Agreement with the U.S. Army, valued at up to $10 billion, which establishes a framework for the Army's future software and data needs [2] Group 2 - Loop Capital analyst Mark Schappel maintained a Buy rating and raised the price target from $155 to $178 [5] - Piper Sandler analyst Brent Bracelin initiated coverage with an Overweight rating and a price target of $170 [5] - Citigroup analyst Tyler Radke and DA Davidson analyst Gil Luria both maintained Neutral ratings while raising their price targets to $115 [5]