Michael Burry still holds put options against Palantir, which expire between June and December 2027. The stock closed at a record $209.05 on Oct. 9 and traded near $195 at the time of writing. Guidance calls for third-quarter revenue of $2.160 billion to $2.164 billion, about 83% growth, but Palantir has typically beaten its top guidance by 6% to 7%, which could mean about $2.3 billion. U.S. commercial revenue rose 149% to $764 million in the second quarter, and keeping management's target of at least $3.424 billion for 2026 on track implies about $930 million in the third quarter. The article notes that even a strong report would not make the stock cheap at about 166 times past earnings, though it could make Burry's under-$50 view harder to accept.
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• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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