Palantir’s Valuations Spark Debate: Is It FOMO Fueling a Bubble?

In its Q3 earnings report, Palantir Technologies Inc. (NASDAQ: PLTR) delivered impressive revenue growth, reaching $1.181 billion in the year-over-year comparison, with U.S.-based contracts seeing a significant jump of 77%. Despite this, Palantir’s valuation remains astronomically high, prompting debate about its sustainability and fueling speculation surrounding market dynamics. This article explores the tension between Palantir’s fundamental performance and investor enthusiasm, particularly in light of prominent analyst Michael Burry’s recent bearish bets on the company.