Palantir (PLTR) Stock: What Wall Street Expects from Earnings August 3

TLDR

• Oppenheimer expects Palantir to beat Q2 estimates with 84–85% YoY revenue growth, above the 79% guidance midpoint
• US Government revenue growth forecast in the low 80s%, driven by DHS spending and Middle East conflict
• US Commercial segment expected to grow at least 135% YoY
• Oppenheimer maintains Outperform rating with a $200 price target, implying 58% upside
• PLTR stock edged up 5% on Monday; the stock is down 29% year-to-date

Palantir (PLTR) rose 5% on Monday as Oppenheimer analyst Param Singh laid out a bullish case ahead of the company’s Q2 earnings report on August 3.

Palantir Technologies Inc., PLTR

Singh expects Palantir to beat its Q2 revenue forecast by a healthy margin. His estimate sits at 84–85% year-over-year growth, compared to management’s guidance midpoint of 79%.

The outperformance call comes despite PLTR being down 29% so far this year, weighed down by valuation concerns and rising competition from generative AI players.

Singh says Palantir was “relatively immune” to the deal delays that hit other software companies during Q2. That’s a claim worth watching when numbers drop.

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