PLTR Stock Faces Split Narrative: Retail Bulls Hold Firm As Burry Sounds Alarm, Trump Signals Support

• On April 8, Michael Burry raised concerns about Palantir, citing the rapid expansion of AI firm Anthropic.
• On Friday, President Donald Trump publicly supported Palantir on social media.
• Retail sentiment on Stocktwits remained ‘extremely bullish’ on the stock. 

Palantir Technologies Inc. (PLTR) is drawing increased attention after the stock swung sharply last week amid a heated debate over the company’s future in artificial intelligence, rattling investor confidence. 

The stock tumbled by more than 13% last week before attempting to regain its footing, reflecting growing uncertainty about whether its model can withstand rapid changes driven by generative AI competitors.

Palantir stock traded over 1% higher in Monday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels. 

The stock saw a 117% increase in message volume over a 24-hour period. 

Palantir’s Bear Case Gains Traction

On April 8, ‘The Big Short’ investor Michael Burry expressed concerns about Palantir while highlighting the explosive growth of AI startup Anthropic among businesses. 

He pointed to Anthropic’s rapid expansion, claiming its annual recurring revenue (ARR) jumped from $9 billion to $30 billion in only a matter of months, driven by accessible and cost-efficient AI products, while Palantir built roughly $5 billion in ARR over two decades.

In February, Burry had indicated that Palantir may be forming a head-and-shoulders topping pattern, a technical setup often seen as a potential signal that an uptrend is weakening.

Trump’s Support Adds Complexity

In a surprising move, President Donald Trump took to social media on Friday and backed Palantir, praising its defense-related capabilities and urging confidence in its technology. 

“Palantir Technologies (PLTR) has proven to have great war-fighting capabilities and equipment. Just ask our enemies!!!”, said Trump. 

In March, Palantir  CEO Alex Karp emphasized the growing impact of the company’s AI systems in military operations, pointing to their use in U.S. actions in the Middle East involving Iran. He stated that the company enables more precise and targeted missions, adding that it could support high-risk operations previously considered unfeasible.

What Are Retail Traders Saying? 

A Stocktwits user said Palantir is an “oversold value play stock”. 

Another user questioned Trump’s endorsement right before the talks with Iran fell through, reigniting the possibility of a prolonged war in the Middle East. 

PLTR stock has declined by over 27% year-to-date. 

Also See: Netflix’s Q1 Rally Outpaces 2025 Growth – Will Earnings This Week Justify The Run-Up?

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