Michael Burry issues ultra-bearish stock price target for Palantir

In an X post made late on February 9, the famous ‘Big Short’ investor Michael Burry revealed he is working on a seemingly bearish analysis of Palantir (NASDAQ: PLTR) stock.Specifically, Burry posted an image showing a long-term chart for PLTR shares with a head and shoulders chart pattern marked. In this image, the famous short trader marked the August 2025 high as the left ‘shoulder,’ the late October all-time high (ATH) above $200 as the ‘head,’ and the subsequent mid-December rally as the right ‘shoulder ...