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Palantir Technologies Inc. (NASDAQ:PLTR) shares are gaining momentum Monday. Investors are positioning themselves ahead of the company’s first-quarter 2026 earnings release after the closing bell.
Bullish Expectations For Q1
Wall Street expects revenue of $1.54 billion and earnings per share of 27 cents. Palantir has beaten EPS estimates for three consecutive quarters.
Wedbush analyst Dan Ives maintains an Outperform rating and a $230 price forecast. In a recent note, Ives called current revenue estimates “beatable.” He expects “another robust quarter” driven by the company’s Artificial Intelligence Platform …
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