Palantir’s actions stop their progress perviously to the most anticipated results report on Monday

  • Palantir is ready to inform your first quarter profits after Monday’s closure.
  • Wall Street expects 0.13 $ in BPA adjusted in the first quarter.
  • Income is expected to reach 862.1 million dollars, 36% more than the previous year.
  • Government’s contracts seem safe, but the market is concerned about the valuation.

Palantir (PLTR) He is taking the session of free Monday while investors contain breathing for the results of the first quarter of the artificial intelligence company (AI) scheduled for after closing. The market awaits great things from Palantir, but realizes that the state of risk has changed after the company backed by Peter Thiel has risen 71% in the last month.

The American stock market in general is also adopting an approach to wait and see after an economic report that did not meet the expectations and US president Donald Trump announced new specific tariffs for the film industry. Similarly, he described Hollywood as dying in a publication on social networks on Sunday and requested 100% tariffs on the films produced abroad.

The purchasing managers (PMI) index of the US S&P of the US for April was 50.6 on Monday, below 51.2 in March and consensus.

The S&P 500 seems to be ready to put an end to its nine -day earnings streak, the longest in more than two decades. The index is lowering around half a percentage point, the same as Palantir’s shares, at the time of writing. However, the Dow Jones industrial average (DJIA) has won slightly.

PRE -PALANTIR GANNIC VIEW

Wall Street expects Palantir to win 0.13 $ in earnings per share (BPA) adjusted for the quarter ending in March. This compares with $ 0.08 in the same period last year, which represents a projected gain of 63%.

As for income, Wall Street is calculating a consensus of 862.1 million dollars, which would represent a gain of 36% year -on -year.

Although there is a lot of talk about the cuts in government spending by Trump, the initial data shows that Trump’s total expenditure has increased by 154 billion dollars in the first three months of its mandate compared to the previous year. Since Palantir obtains much of his income from the US government, this is a good news For shareholders.

With the war between Russia and Ukraine continuing despite Trump’s peace efforts, the continuous financing of Israel and the missile campaign against the hutis in Yemen, the numerous Palantir military contracts seem safe for now. Despite looking for national programs to cut, the Trump administration has projected a significant increase in US military spending levels by 2026.

Wedbush Securities analysts said that government cost cut efforts will probably avoid Palantir contracts.

“Palantir is helping to lead the AI ​​revolution towards the use cases phase, since its AIP product has an incomparable advantage in our opinion,” the analysts wrote in a note to the customers before the profits.

CEO Alex Karp will probably face questions about the Palantir Titan vehicle. The mobile intelligence collection vehicle is being tested by the US Army to collect intelligence on the battlefield. In April, the Army informed the Congress that the Titan program was among its new best performance programs.

A year ago, Palantir won a contract of 178 million dollars to provide the army 10 titan prototypes. Palantir has delivered three prototypes so far and hopes to deliver the other seven in the fourth quarter of this year.

Palantir shares prognosis

The main concern is that Palantir’s shares are already quoting just below the historical maximum of February 19, 125.41 $. With huge profits projected in the coming years, Palantir’s actions currently have a 225x price-benefit ratio. A great surplus and increase, in which the address indicates a better perspective than the projected BPA consensus of 0.55 $ for the whole year, could push the shares to the Fibonacci extension of 61.8% in 129.59 $. The 78.6% of Fibonacci is at $ 138.13, another possibility.

Downwards, the simple mobile average (SMA) of 50 days is about $ 92. Long -term support is between $ 63 and $ 67, where 200 -day SMA is also located.

PLTR DAILY SHARDS GRAPH

PLTR DAILY SHARDS GRAPH

Source: Fx Street

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