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Palantir's Stock Slides 4%. Here's Why This Short-Seller Thinks Even a $40 Price Tag Is "Generous"

Andrew Left argues that investors have overhyped Palantir stock, and its actual valuation pales in comparison to a true AI leader like OpenAI$Palantir Technologies Inc.(PLTR)$ has been one of the...

Palantir's Stock Slides 4%. Here's Why This Short-Seller Thinks Even a $40 Price Tag Is "Generous"

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After Palantir spiked, Andrew left ...</p></body></html>","htmlText":"<html><head></head><body><p>Before Palantir spiked, someone short the stock. After Palantir spiked, Andrew left ...</p></body></html>","text":"Before Palantir spiked, someone short the stock. After Palantir spiked, Andrew left ...","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/469289419546936","repostId":2560135532,"repostType":4,"repost":{"id":"2560135532","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1755610501,"share":"https://ttm.financial/m/news/2560135532?lang=en_US&edition=fundamental","pubTime":"2025-08-19 21:35","market":"fut","language":"en","title":"Palantir's Stock Slides 4%. Here's Why This Short-Seller Thinks Even a $40 Price Tag Is \"Generous\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2560135532","media":"Dow Jones","summary":"Andrew Left argues that investors have overhyped Palantir stock, and its actual valuation pales in comparison to a true AI leader like OpenAI$Palantir Technologies Inc.(PLTR)$ has been one of the...","content":"<html><head></head><body><p>Palantir stook fell another 4% on Tuesday. Shares have retreated about 12% from its high.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f9ef17bf9225bafc68cca12dc6c58ac\" tg-width=\"819\" tg-height=\"618\"/></p><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> has been one of the biggest artificial-intelligence winners in 2025, but there&#39;s reason to believe investors may have gotten way ahead of themselves.</p><p>That&#39;s according to the famed short-seller and Citron Research founder Andrew Left, who said on Fox Business last Wednesday that Palantir&#39;s stock was grossly overvalued.</p><p>Left had fresh criticism for the stock on Monday, calling Palantir &#34;a company now detached from fundamentals and analysis.&#34;</p><p>Palantir&#39;s stock has run up an impressive 130% so far this year, to make it by far the S&amp;P 500 index&#39;s SPX best 2025 performer. The lofty price tag comes with a eye-popping price-to-earnings ratio of 588x, based on the past 12 months of earnings, according to FactSet data, which compares with a P/E ratio of 58x for AI leader <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> Corp. <a href=\"https://laohu8.com/S/BLSH\">Bullish</a> investors have defended the valuation by pointing to Palantir&#39;s exclusive government contracts and its Artificial Intelligence Platform product offering.</p><p>In a Monday note, Left argued that if Palantir traded at similar valuations to AI-industry leader and privately held OpenAI, the stock would see a 77% decline from current levels.</p><p>OpenAI is preparing a secondary sale of $6 billion in stock that would give it a $500 billion valuation, CNBC confirmed last Friday. Bloomberg has also reported that OpenAI expects to achieve $29.4 billion in revenue in 2026. That means the ChatGPT creator is valued at roughly 17 times forward sales. Meanwhile, Palantir is expected to do $5.6 billion in revenue in 2026, according to FactSet. Applying the same multiple to Palantir&#39;s sales metric would yield a share price of $40.</p><p>Even a $40 share price would be &#34;generous,&#34; according to Left, as &#34;Palantir would be fortunate to achieve the same valuation multiple as OpenAI.&#34;</p><p>&#34;It should be noted that even at a 17x sales multiple, OpenAI has the highest multiple of any scaled [software-as-a-service] stock in the world, and that number in itself is extreme. This means that at $40, [Palantir] would still be expensive,&#34; Left said.</p><p>Left certainly doesn&#39;t believe Palantir is on par with OpenAI. In his view, Palantir&#39;s contract-based revenue is lumpier and more difficult to scale than OpenAI&#39;s widespread subscription model. Palantir also faces competition from other software companies such as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Databricks.</p><p>Left acknowledged that the stock could certainly continue to climb in the coming months. After all, markets can remain irrational longer than you can remain solvent. But if Left&#39;s predictions are correction, Palantir&#39;s stock could have a long way to plummet.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir's Stock Slides 4%. 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Here's Why This Short-Seller Thinks Even a $40 Price Tag Is \"Generous\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-19 21:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Palantir stook fell another 4% on Tuesday. Shares have retreated about 12% from its high.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f9ef17bf9225bafc68cca12dc6c58ac\" tg-width=\"819\" tg-height=\"618\"/></p><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> has been one of the biggest artificial-intelligence winners in 2025, but there&#39;s reason to believe investors may have gotten way ahead of themselves.</p><p>That&#39;s according to the famed short-seller and Citron Research founder Andrew Left, who said on Fox Business last Wednesday that Palantir&#39;s stock was grossly overvalued.</p><p>Left had fresh criticism for the stock on Monday, calling Palantir &#34;a company now detached from fundamentals and analysis.&#34;</p><p>Palantir&#39;s stock has run up an impressive 130% so far this year, to make it by far the S&amp;P 500 index&#39;s SPX best 2025 performer. The lofty price tag comes with a eye-popping price-to-earnings ratio of 588x, based on the past 12 months of earnings, according to FactSet data, which compares with a P/E ratio of 58x for AI leader <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> Corp. <a href=\"https://laohu8.com/S/BLSH\">Bullish</a> investors have defended the valuation by pointing to Palantir&#39;s exclusive government contracts and its Artificial Intelligence Platform product offering.</p><p>In a Monday note, Left argued that if Palantir traded at similar valuations to AI-industry leader and privately held OpenAI, the stock would see a 77% decline from current levels.</p><p>OpenAI is preparing a secondary sale of $6 billion in stock that would give it a $500 billion valuation, CNBC confirmed last Friday. Bloomberg has also reported that OpenAI expects to achieve $29.4 billion in revenue in 2026. That means the ChatGPT creator is valued at roughly 17 times forward sales. Meanwhile, Palantir is expected to do $5.6 billion in revenue in 2026, according to FactSet. Applying the same multiple to Palantir&#39;s sales metric would yield a share price of $40.</p><p>Even a $40 share price would be &#34;generous,&#34; according to Left, as &#34;Palantir would be fortunate to achieve the same valuation multiple as OpenAI.&#34;</p><p>&#34;It should be noted that even at a 17x sales multiple, OpenAI has the highest multiple of any scaled [software-as-a-service] stock in the world, and that number in itself is extreme. This means that at $40, [Palantir] would still be expensive,&#34; Left said.</p><p>Left certainly doesn&#39;t believe Palantir is on par with OpenAI. In his view, Palantir&#39;s contract-based revenue is lumpier and more difficult to scale than OpenAI&#39;s widespread subscription model. Palantir also faces competition from other software companies such as Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Databricks.</p><p>Left acknowledged that the stock could certainly continue to climb in the coming months. After all, markets can remain irrational longer than you can remain solvent. But if Left&#39;s predictions are correction, Palantir&#39;s stock could have a long way to plummet.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) ACC","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","PLTR":"Palantir Technologies Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2560135532","content_text":"Palantir stook fell another 4% on Tuesday. Shares have retreated about 12% from its high.Palantir Technologies Inc. has been one of the biggest artificial-intelligence winners in 2025, but there's reason to believe investors may have gotten way ahead of themselves.That's according to the famed short-seller and Citron Research founder Andrew Left, who said on Fox Business last Wednesday that Palantir's stock was grossly overvalued.Left had fresh criticism for the stock on Monday, calling Palantir \"a company now detached from fundamentals and analysis.\"Palantir's stock has run up an impressive 130% so far this year, to make it by far the S&P 500 index's SPX best 2025 performer. The lofty price tag comes with a eye-popping price-to-earnings ratio of 588x, based on the past 12 months of earnings, according to FactSet data, which compares with a P/E ratio of 58x for AI leader Nvidia Corp. Bullish investors have defended the valuation by pointing to Palantir's exclusive government contracts and its Artificial Intelligence Platform product offering.In a Monday note, Left argued that if Palantir traded at similar valuations to AI-industry leader and privately held OpenAI, the stock would see a 77% decline from current levels.OpenAI is preparing a secondary sale of $6 billion in stock that would give it a $500 billion valuation, CNBC confirmed last Friday. Bloomberg has also reported that OpenAI expects to achieve $29.4 billion in revenue in 2026. That means the ChatGPT creator is valued at roughly 17 times forward sales. Meanwhile, Palantir is expected to do $5.6 billion in revenue in 2026, according to FactSet. Applying the same multiple to Palantir's sales metric would yield a share price of $40.Even a $40 share price would be \"generous,\" according to Left, as \"Palantir would be fortunate to achieve the same valuation multiple as OpenAI.\"\"It should be noted that even at a 17x sales multiple, OpenAI has the highest multiple of any scaled [software-as-a-service] stock in the world, and that number in itself is extreme. This means that at $40, [Palantir] would still be expensive,\" Left said.Left certainly doesn't believe Palantir is on par with OpenAI. In his view, Palantir's contract-based revenue is lumpier and more difficult to scale than OpenAI's widespread subscription model. Palantir also faces competition from other software companies such as Microsoft Corp. $(MSFT)$ and Databricks.Left acknowledged that the stock could certainly continue to climb in the coming months. After all, markets can remain irrational longer than you can remain solvent. But if Left's predictions are correction, Palantir's stock could have a long way to plummet.","news_type":1,"symbols_score_info":{"PLTR":1.1}},"isVote":1,"tweetType":1,"viewCount":1068,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":75,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}