Palantir Stock Slowly Forms a Bullish Pattern as Q3 Earnings Loom
benzinga_article·
- Palantir stock has retreated to $184 from its October year-to-date high of $212.30 amid a broader technology sector sell-off.
- Analysts project Q3 revenue to grow by 84% YoY to $2.18 billion, with earnings per share rising to $0.41 driven by commercial and government demand.
- The stock has formed a bullish cup-and-handle pattern and maintains support above key moving averages, signaling a potential rebound.
