Michael Burry bets on a $77 gap between Palantir's price and its value

A $77 gap exists between Palantir's current trading price of $127 and Michael Burry's estimate of the company's fundamental value. Burry describes the company as "wildly overvalued" and believes it is worth less than $50 per share. He has maintained this bearish position since late 2025, using long-dated put options, specifically June 2027 $50 puts and December 2026 $100 puts. The stock is down 28% in 2026 and 13% for the week. Wall Street analysts project an average price target of $194.61, implying a 53.4% upside based on 14 Buys, five Holds, and two Sells over the past three months. A short-term rebound occurred after Donald Trump praised the company's "great warfighting capabilities" on Truth Social, but the stock remains down for the year. Palantir shares are down 13% for the week.