Palantir’s 85% Growth Hits a Valuation Wall as Burry Bets on a Collapse

Palantir posted an 85% year‑over‑year revenue jump to $1.63 billion in Q1—the fastest growth since going public—driven by surging AI demand, but the stock slid on concerns the company is now priced for perfection at a multibillion-dollar valuation; billionaire short-seller Michael Burry reportedly bets against PLTR while CEO Alex Karp defends Palantir’s “scarce” AI platform and warns that competitors’ demos overstate capabilities. Analysts remain cautiously optimistic with a Moderate Buy consensus and an average target around $187, signaling substantial upside if momentum holds.