"Shares of Palantir ( NASDAQ:PLTR) have been turbulently climbing back in the past month, and while the latest 7% slip in the face of what seems to be a Santa Claus slump, especially for tech stocks, investors might not wish to bet against CEO Alex Karp and company as they look to drive a comeback and bring the pain to Michael Burry, who's likely hanging onto his big bearish bets against the firm going into the new year."
"Though it's impossible to tell whether an AI bubble burst, bear market moment or violent correction will be in store for 2026, or if Burry will be proven far too early (or maybe even wrong) to be such a big bear at this pivotal moment in the AI trade, I do find that Palantir has many serious growth drivers that might just convince the short-sellers to run for cover, especially if enterprise AI adoption is poised to have another massive year."
"Even if Palantir is poised for more performance as its AI Platform (AIP) continues to fire on all cylinders, my bet is that it's going to continue to be hard to gauge how a good quarterly number will be taken by investors. In short, it may be incredibly difficult to tell how shares of Palantir will react in 2026, even to a blowout number that surpasses bullish estimates in place by sell-side analysts."
Palantir's shares climbed turbulently during the past month, including a recent 7% slip amid a Santa Claus slump for tech stocks. CEO Alex Karp is leading efforts to drive a comeback while hedge fund manager Michael Burry maintains large bearish positions against the firm. Uncertainty surrounds whether an AI bubble, bear market, or violent correction will occur in 2026. Palantir benefits from multiple growth drivers, including enterprise AI adoption and its AI Platform (AIP). Investor reactions are unpredictable and a strong quarterly beat may still produce negative stock responses. The stock has gained nearly 140% in 2025, leaving limited margin for error.
Read at 24/7 Wall St.
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