Investor Michael Burry acquired March 2027 put options on Palantir Technologies Inc. on August 11, 2026. The bearish position follows a period of the stock trading near historic highs. GF Value metrics suggest the shares are currently modestly overvalued.
Palantir reported strong second-quarter earnings on August 3, 2026. The company raised its full-year guidance, citing momentum in AI-driven commercial growth.
Analyst sentiment remains positive despite concerns regarding elevated valuation and significant insider selling. Burry’s bet serves as a notable counterpoint to the bullish narrative surrounding Palantir’s AI prospects.