Palantir Stock Today: Key Updates Before U.S. Markets Open on November 14, 2025

Palantir Technologies (PLTR) enters Friday’s U.S. trading session under intense market attention. The AI software giant, which has delivered a massive multi-year rally and record quarterly results, now faces pressure from valuation concerns, a sharp tech sell-off, and growing debate stirred by its outspoken CEO and a high-profile short position from investor Michael Burry.

Here are the major developments investors should know before the opening bell.

1. Palantir Shares Dip After Thursday’s Sharp Sell-Off

Palantir closed Thursday at $172.14, down 6.5%, as investors rotated out of high-multiple tech stocks.

Pre-market trading shows the stock near $169.90, down about 1.3%, with active but cautious early-hour volumes.

Despite the pullback, Palantir remains one of the year’s strongest performers, up more than 150% year-to-date.

2. Selling Pressure Follows a Strong Q3 Performance

Palantir’s recent decline is valuation-driven — not due to weak fundamentals. The company posted standout Q3 results:

Revenue: $1.18 billion (up 63% YoY)

Adjusted EPS: $0.21

Net income: $475.6 million (up ~40%)

U.S. commercial revenue: up 121%

U.S. government revenue: up 52%

Total contract value: $2.76 billion

Palantir also raised guidance again, projecting Q4 revenue of up to $1.331 billion and full-year revenue nearing $4.4 billion.

3. CEO Alex Karp Pushes Back Against Valuation Critics

CEO Alex Karp has openly challenged analysts and short sellers questioning Palantir’s valuation, arguing the company is still early in a massive AI growth cycle. He has rejected claims that Palantir is a “surveillance company” and emphasized its role in national security and enterprise AI adoption.

His bold statements continue to galvanize retail investors while drawing skepticism from institutions.

4. Michael Burry’s Put Position Adds Fuel to Bearish Sentiment

Investor Michael Burry has disclosed a $9.2 million put position against Palantir, effectively betting on a major long-term drop in the stock.

His bearish stance has intensified concerns around a potential AI bubble, contributing to recent volatility.

5. Hedge Fund Billionaires Increased Stakes Earlier This Year

13F filings show several prominent investors added to their Palantir holdings in Q2:

Israel Englander (Millennium Management): Added 3.6 million shares

Cliff Asness (AQR Capital): Increased stake by 20%

However, with Palantir trading at one of the highest valuation multiples in the S&P 500, concerns about sustainability persist.

6. Mixed Reaction Among Institutions

Recent institutional activity shows differing opinions:

Some funds trimmed large positions to book profits

Others initiated or expanded small stakes

Institutional ownership remains around 45–46%

Executives have also sold shares through planned transactions over recent months.

7. Analysts Praise Growth, Question Valuation

Analysts remain divided:

Some raised price targets but maintained cautious or “Sell” ratings

Consensus forecasts show modest upside

Several firms highlight Palantir’s exceptionally high P/E and price-to-sales ratios compared to industry peers

8. Clarification on the “Stock Split” Headlines

A 4-for-1 split took effect today — but only for Palantir’s Canadian Depositary Receipts (CDRs).

There is no U.S. stock split for the Nasdaq-listed PLTR shares at this time.

9. Macro Pressure Weighs on AI and Tech Stocks

Tech stocks broadly are under pressure due to:

Rising bond yields

Reduced likelihood of near-term Fed rate cuts

Increasing risk aversion toward high-valuation AI names

This broader market shift is amplifying Palantir’s pullback.

10. What Traders Should Watch Today

Key factors likely to influence today’s session include:

Whether PLTR stabilizes near the $165–$170 support zone

Market reaction to Burry’s bearish bet

Any new commentary from CEO Alex Karp

Analyst notes and fresh contract announcements

Broader tech sector sentiment

Bottom Line

Palantir remains a high-growth, high-valuation AI leader navigating a volatile macro environment.

The company’s fundamentals remain strong, but investor focus today will be squarely on valuation, market sentiment, and the ongoing tug-of-war between bullish management and increasingly vocal skeptics.