Palantir Technologies approaches Q1 earnings with Wall Street forecasting 115% earnings-per-share growth and 74% revenue growth to $1.54 billion

Wall Street forecasts earnings per share of $0.28, up 115% from a year ago, and revenue to grow 74% to $1.54 billion.

Options markets are pointing to a move of roughly 10% post results, indicating concern on valuation and execution.

Analysts are watching commercial client growth, government contract expansion and use of Palantir's AI platform to assess whether the company can sustain growth and justify its premium price.