This article first appeared on GuruFocus .
Artificial intelligence software business Palantir Technologies Inc. ( PLTR , Financials ) goes into third-quarter earnings with raised expectations for another quarter of fast growth.Wall Street is looking for earnings of $0.41 per share on revenue of $2.18 billion, which would be an 84.7% year-over-year sales increase.Baird analyst William Power maintained a Buy rating and $250 price target, noting growth in Palantir's U.S. commercial and government sectors. He anticipates sales growth to accelerate for the 13th consecutive quarter.Oppenheimer is likewise positive, lifting its price objective to $235 from $200. The business predicts commercial revenue growth in the U.S. of more than 140% and overall government revenue increase of more than 65%.The value question remains the sticking point. RBC Capital maintained its Sell rating and $90 target, saying that Palantir is trading at around 61 times anticipated 2026 revenue and 40 times 2027 revenue.That doesn't give a lot of space for disappointment, even if the operating momentum continues good.The broader analyst consensus is Moderate Buy with an average price target of $218.95, representing ~19% upside from recent levels.The next catalyst is Palantir's earnings release after the market close on Monday and if management boosts its full-year projection.
