Michael Burry Says Palantir Is Worth $46. The Stock Trades at $130. Who’s Right?
Quick Read Michael Burry reported $912M in puts against Palantir (PLTR) and liquidated Scion Asset Management like in 2008. Burry’s analysis values Palantir at $46 compared to its current $130 price by treating it as consulting not SaaS. Palantir trades at 98x forward earnings versus 19x for average software stocks and 30-40x for hypergrowth stocks. Nvidia made early investors rich, but there is a new class of 'Next Nvidia Stocks' that could be even better; learn more here. Palantir (NASDAQ:PLTR) ...