Palantir Technologies Inc stock jumped Tuesday after reporting Q2 revenue growth of 93% and boosting full-year revenue guidance.

Palantir stock has dropped substantially this year, with several valuation metrics showing that it is highly undervalued as earnings loom.

Palantir (PLTR) expected to report Q2 earnings of 35 cents per share and $1.81 billion in revenue. Analysts have mixed opinions on stock.