From 24/7 Wall St. · Rich Duprey · · 1m 20s
Michael Burry Shorting Palantir Earnings
Michael Burry bets on Palantir's earnings next Monday failing to justify its 122x valuation.
In brief
Michael Burry bets on Palantir's earnings next Monday failing to justify its 122x valuation. Michael Burry remains short Palantir as its earnings report next Monday could confirm or break the AI stock bubble. Originally reported by 24/7 Wall St..
Michael Burry Shorting Palantir
Michael Burry remains short Palantir heading into Monday's earnings report with shares priced at 122 times 2026 earnings.
Palantir's Q3 Results
Palantir reported third-quarter revenue of $1.935 billion, a 93% year-over-year increase, with U.S. commercial revenue up 149% to $764 million.
Earnings Beat
Palantir's Q3 EPS of $0.41 exceeded the $0.346 consensus, and management raised full-year revenue guidance to $8.158 billion.
Wall Street Expectations
Wall Street expects Palantir to report nearly 85% revenue growth for the year, but shares trade at 122 times forward earnings.
U.S. Commercial Growth
U.S. commercial revenue growth remains the swing factor, with management guiding for at least 134% growth and triple-digit expansion for the next 18 months.
Burry's Short Position
Burry closed his Scion hedge fund last year and maintains short positions in Palantir despite a 11.22% year-to-date share gain.
Earnings Make-or-Break Moment
Palantir's earnings next Monday will test whether the AI story can outpace its 122x valuation, with a result inside management's range giving skeptics an opening.
At a glance
Michael Burry remains short Palantir as its earnings report next Monday could confirm or break the AI stock bubble.
