Palantir's stock rose sharply by 5% following optimistic earnings forecasts pointing to an 85% jump in revenue for the second quarter. Oppenheimer analysts keep their $200 price target steady as the company prepares to report results on August 3.
Investors are closely watching Palantir's upcoming earnings, anticipating that strong government demand will boost the company's performance, echoing sentiments seen ahead of its last quarterly update.
