Stocks
April 27, 2026
Nvidia Stock Rally to Record Highs as Wall Street Eyes Next Phase
The Palantir stock sell decision is gaining real traction right now. Comerica Bank trimmed its Palantir Technologies (PLTR) position by 8.3% in Q4 2024, offloading 23,982 shares and ending the period with 264,648 shares worth around $47 million. Even more, billionaire Michael Burry started pushing a loud bearish case for PLTR, arguing that Anthropic is pulling enterprise AI spending away from Palantir stock at a pace the company simply cannot match. With PLTR trading roughly 30% below its all-time high and carrying a P/E ratio of 227, the Palantir stock sell or hold question has become one that a lot of investors are taking seriously.
Also Read:
Palantir Stock Sell Decision as Burry and Comerica Move
What Burry Actually Said
Burry has been building his Palantir bear case for a while now. Back in September 2025, he took out long-dated put options on the company, covering roughly five million shares set to expire in 2027. Then, earlier this month, he posted on X and laid out his most pointed argument yet, citing Ramp data to back it up:
“Anthropic is eating $PLTR Palantir’s lunch. That massive boost from $9B to $30B ARR at Anthropic is because Anthropic offers the easier, cheaper, intuitive solution for businesses. PLTR can have government, which is low margin and small. Anthropic went from $9B to $30B in months, it took $PLTR 20 years to get to $5 Billion. Anthropic is taking 73% of all new enterprise spending per Ramp.”
He deleted the post within hours. Palantir stock dropped around 8% that session anyway, wiping out more than $23 billion in market value in a single day.
The deletion came too late to contain the damage. By the time Burry pulled the post, screenshots had already spread across X, Reddit’s r/wallstreetbets, and trading Discord servers, amplifying the message far beyond his original follower count. Retail traders hit the sell button first, driving the initial 3% drop in the first hour of trading. Institutional desks followed through the afternoon as algorithmic trading systems picked up the unusual volume and headline sentiment flags.
No trading halts triggered because the decline stayed under the circuit breaker threshold, but the selling pressure built steadily across the session rather than spiking all at once. Options flow data from that day showed a sharp increase in put buying, with April and May expiries seeing volume jump to more than double the 20-day average. The combination of retail panic and systematic institutional de-risking created a feedback loop that Burry’s deletion simply could not reverse.
Palantir CEO Alex Karp has pushed back on Burry before. Speaking on CNBC about the earlier short position, Karp stated:
“I think what is going on here is market manipulation.”
Wedbush analyst Dan Ives also weighed in, calling Burry’s post a “fictional narrative” and describing Palantir as “the epicenter of the AI revolution.”
Also Read:
The Anthropic vs Palantir AI Gap
The Anthropic vs Palantir AI comparison sits right at the heart of this debate. Anthropic grew its annual recurring revenue from $9 billion at the end of 2025 to over $30 billion by April 2026, largely off the back of the Claude Cowork launch in January. Palantir, a company with more than 20 years of operating history, only recently crossed the $5 billion ARR mark. Burry points to Ramp data showing Anthropic capturing 73% of all new enterprise AI spending, and the Palantir stock bearish outlook from short sellers builds directly on that kind of data. The decision to sale, for investors like Burry, comes down to one thing: Anthropic offers plug-and-play simplicity, and Palantir requires months of custom integration and on-site staffing to get running.
The Bull Case and What Analysts Think
Palantir’s fundamentals tell a different story, though. The company posted Q4 2024 revenue of $1.41 billion, up 70% year over year, and also beat EPS estimates at $0.25 versus the $0.23 consensus. A new $300 million USDA contract this month added further evidence that Palantir stock keeps winning meaningful business well outside its traditional defense base. At the time of writing, the Comerica Palantir stake cut has not moved the broader analyst consensus yet.
Out of 30 analyst ratings tracked over the past three months, 18 are Buy, 10 are Hold, and 2 are Sell, with an average 12-month price target of $186.47, implying around 30.31% upside from current levels. The Palantir stock bearish outlook from Burry and the entire sell or hold uncertainty among retail investors have not shifted that consensus yet. But with the Anthropic vs Palantir AI gap widening every quarter and the Palantir stock sell decision still weighing on sentiment, the next few earnings reports will matter more than ever.
Price Action Shows Deep Division
Palantir stock is down 13.65% over the past month and 24.36% over six months, even as the 5-year return still clocks in at 499.20%. Long-term holders have done well, but anyone who bought near the October 2025 peak is sitting on a significant loss at the time of writing. That kind of gap between long-term gains and short-term pain is exactly what makes the Palantir stock sell or hold debate so hard to call right now, and also what keeps both Burry’s bearish position and the analyst buy ratings in play at the same time.
