Michael Burry Sees Up to 140% Upside in One Stock

What happened

Michael Burry added to contrarian bets on BYD, JD.com and Sprouts Farmers Market, and argued Fiserv could have 100% to 140% upside in a potential takeover, implying $100 to $120 per share versus a recent price around $50.

Confirmed

Global impact / market context

Burry's estimates rest on private-equity interest in a rival, not a confirmed Fiserv bid. If buyers paid his suggested range, Fiserv holders could gain sharply, but without an actual offer the upside stays a scenario, so his purchase signals conviction rather than proven value.

Analyst inference

The bets lean against heavy pessimism: Hong Kong stocks have fallen since 2021, and JD trades near a large net cash pile. Burry's Fiserv case leans on deal activity in payments, where takeover interest at a rival could hint at buyer appetite for similar companies.

Analyst inference

What to watch

1. Watch whether Fiserv receives any actual takeover approach, since Burry's $100 to $120 per share estimate is hypothetical and depends on reported private-equity interest in rival Global Payments. Confirmed
2. Track further disclosures of Burry's position sizes; he described JD.com as a large holding and BYD as mid-sized but gave no size for the latest purchases. Proposed
3. Watch Hong Kong equities for signs of recovery from the long selloff, because Burry's cheap-opportunity case for JD.com and BYD depends partly on that market staying depressed. Analyst inference

Evidence

• gurufocus.com