Palantir has its second-quarter earnings call scheduled on Aug. 4, after the market's closing bell. If it can maintain its growth momentum, its stock will continue to soar. However, a slowdown in growth could be devastating and let the air out of the Palantir balloon.

Palantir is scheduled to report second-quarter earnings in the next week, and expectations are sky high. Is now a good time to invest?

Palantir Technologies Inc. PLTR will report its second-quarter 2025 results on Aug. 4, after the bell. The Zacks Consensus Estimate for earnings in the to-be-reported quarter stands at 14 cents, indicating 55.