PALANTIR-SHORT TERM BEARISH SCENARIOPalantir will report earnings for the fourth quarter today.
The company is expected to post EPS of $0.04 and Revenues to be $418.1 million. Despite the provided guidance of 30% annual growth for the next 5 years, many analysts are skeptical for the near-term company`s future.
Prevalence of software, the company’s relationship with the U.S. government, and the commercial growth are key factors for the future success of Alex Karp and Palantir.
Worse than expected results will trigger new sales and re-test of the 11.30 support level.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
