Palantir Falls 1.9% to $128 as Burry Holds Puts and 70% Q4 Growth
Palantir fell 1.87% to $128.05 after AI competition concerns and Michael Burry’s continued bearish put positions ($50 and $100 strikes expiring in 2026 and 2027). Q4 revenue rose 70% year-over-year to $1.4B, with U.S. commercial sales up 137%, and the company guided for $7.2B in FY2026.
1. Stock Performance Pressure
On April 10, Palantir shares declined 1.87% to $128.05 as concerns over rising AI competition weighed on its premium valuation and investor reactions to high-profile bearish commentary intensified.
2. Michael Burry’s Bearish Positions
Michael Burry maintains put option positions against Palantir, holding $50-strike puts expiring June 17, 2027, and $100-strike puts expiring December 19, 2026, signaling his view that the fundamental value lies well below current share levels.
3. Financial Results and Outlook
Palantir posted Q4 2025 revenue of $1.4 billion, up 70% year over year, with U.S. commercial revenue rising 137% to $507 million. The company guided approximately $7.2 billion in full-year 2026 revenue and trades at about 142 times expected earnings, the third-highest multiple in the S&P 500.