Michael Burry Takes Aim at Palantir Stock Again, But He’s Missing the Bigger Picture

Michael Burry has struck Palantir (PLTR) again with his bearish thesis. This time it's technical. Questioning the stock's bullish momentum, Burry reckons it is at a “crossroads”, due to a head-and-shoulders pattern. The pattern is a technical formation of a stock's price movement that indicates a potential future downward movement.

And based upon this, Burry again took aim at the company, stating, “Palantir trades at ~16X its IV15 according to my assumptions. It is a sand castle, supported for now by the AI applications narrative, a short in my book.” 2026's price movement of a decline of 20% would make some believe that Burry is indeed correct. However, that would be missing the wider point: Palantir's significance for the Western World in an increasingly hostile geopolitical environment.