Citron Research analyst Andrew Left escalated his bearish position against Palantir Technologies by establishing a $40 price target. This valuation represents a potential 77 percent decline from the current trading price of $173.64 per share. Left announced his short position during a Fox Business interview last week. He expanded his negative bet following the company's recent quarterly earnings report. The analyst described his bearish thesis as obvious to market observers.
Left based his target price on OpenAI's valuation metrics for comparison purposes. OpenAI trades at approximately 17 times sales based on its $500 billion valuation and $29.6 billion projected 2026 revenue. Applying this multiple to Palantir's consensus 2026 revenue estimate of $5.6 billion yields a theoretical $95.2 billion company valuation. This calculation supports the $40 per share price target. The methodology highlights the disconnect between Palantir's current market valuation and fundamental analysis principles.
Left based his target price on OpenAI's valuation metrics for comparison purposes. OpenAI trades at approximately 17 times sales based on its $500 billion valuation and $29.6 billion projected 2026 revenue. Applying this multiple to Palantir's consensus 2026 revenue estimate of $5.6 billion yields a theoretical $95.2 billion company valuation. This calculation supports the $40 per share price target. The methodology highlights the disconnect between Palantir's current market valuation and fundamental analysis principles.
