Michael Burry's Put Options Signal a 62% Downside Target for Palantir
AL
Atlas Langdon
Michael Burry · Apr 14, 2026
Source: DojiDoji Data Terminal
Palantir shareholders face a potential 62% decline in share price by June 2027, according to the positions held by investor Michael Burry. Burry has taken a bearish stance on the AI software leader, holding put options expiring Dec. 19 at a $100 price point and strike-price puts expiring June 17, 2027, at $150. The December puts imply a 24% downside. The June 2027 puts imply a 62% downside.
Palantir is currently valued at 100 times this year's expected non-GAAP earnings and 43.5 times expected sales. This growth-dependent valuation profile renders the stock a speculative play despite a 36% drop from its lifetime high.
Michael Burry
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