Skip to main content
See every side of every news story
Published loading...Updated

Michael Burry Targets Palantir —Again— As Stock Drops After Earnings - Palantir Technologies (NASDAQ:PLTR

The sell-off followed a 85% revenue jump and raised guidance, but investors focused on Palantir’s 232x trailing earnings multiple and 78x sales ratio.

Summary by Benzinga
Palantir stock tumbled Tuesday, giving Michael Burry fresh ammunition in his latest shot at the software and defense-AI favorite.

8 Articles

Palantir, the US supervisory company co-founded by Peter Thiel in 2003, surpassed investors' expectations on Monday, May 4. In the first quarter of 2026, it announced a turnover of $1.63 billion, a performance that was 6 per cent higher than the forecast of Wall Street analysts, which was set at 1.53 billion.1 The company now expects to exceed 7.5 billion in annual revenues, which would represent an increase of more than 71 per cent compared to …

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources lean Left
60% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Finbold broke the news on Tuesday, May 5, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal