Palantir Technologies (PLTR) Competitors

$21.56
+0.16 (+0.75%)
(As of 05/8/2024 ET)

PLTR vs. SQ, GEN, DOCU, PAYX, WCN, FIS, CPRT, NU, SPOT, and RSG

Should you be buying Palantir Technologies stock or one of its competitors? The main competitors of Palantir Technologies include Block (SQ), Gen Digital (GEN), DocuSign (DOCU), Paychex (PAYX), Waste Connections (WCN), Fidelity National Information Services (FIS), Copart (CPRT), NU (NU), Spotify Technology (SPOT), and Republic Services (RSG). These companies are all part of the "business services" sector.

Palantir Technologies vs.

Block (NYSE:SQ) and Palantir Technologies (NYSE:PLTR) are both large-cap business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, analyst recommendations, media sentiment, dividends, earnings, community ranking and risk.

Palantir Technologies has a net margin of 9.43% compared to Palantir Technologies' net margin of 2.18%. Block's return on equity of 6.17% beat Palantir Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Block2.18% 2.07% 1.15%
Palantir Technologies 9.43%6.17%4.78%

Palantir Technologies has lower revenue, but higher earnings than Block. Block is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Block$22.88B1.91$9.77M$0.7792.39
Palantir Technologies$2.23B21.44$209.82M$0.09239.58

Block has a beta of 2.57, suggesting that its stock price is 157% more volatile than the S&P 500. Comparatively, Palantir Technologies has a beta of 2.76, suggesting that its stock price is 176% more volatile than the S&P 500.

70.4% of Block shares are held by institutional investors. Comparatively, 45.7% of Palantir Technologies shares are held by institutional investors. 10.8% of Block shares are held by company insiders. Comparatively, 14.0% of Palantir Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Block received 1344 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 44.91% of users gave Palantir Technologies an outperform vote.

CompanyUnderperformOutperform
BlockOutperform Votes
1419
69.52%
Underperform Votes
622
30.48%
Palantir TechnologiesOutperform Votes
75
44.91%
Underperform Votes
92
55.09%

Block currently has a consensus target price of $87.55, indicating a potential upside of 23.06%. Palantir Technologies has a consensus target price of $20.65, indicating a potential downside of 4.20%. Given Palantir Technologies' stronger consensus rating and higher possible upside, research analysts plainly believe Block is more favorable than Palantir Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Block
1 Sell rating(s)
6 Hold rating(s)
27 Buy rating(s)
0 Strong Buy rating(s)
2.76
Palantir Technologies
5 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
1.86

In the previous week, Palantir Technologies had 52 more articles in the media than Block. MarketBeat recorded 110 mentions for Palantir Technologies and 58 mentions for Block. Block's average media sentiment score of 0.44 beat Palantir Technologies' score of 0.04 indicating that Palantir Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
14 Very Positive mention(s)
8 Positive mention(s)
9 Neutral mention(s)
15 Negative mention(s)
2 Very Negative mention(s)
Neutral
Palantir Technologies
38 Very Positive mention(s)
17 Positive mention(s)
22 Neutral mention(s)
19 Negative mention(s)
1 Very Negative mention(s)
Neutral

Summary

Palantir Technologies beats Block on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PLTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PLTR vs. The Competition

MetricPalantir TechnologiesPrepackaged software IndustryBusiness SectorNYSE Exchange
Market Cap$47.71B$21.34B$6.39B$17.72B
Dividend YieldN/A2.05%2.98%3.52%
P/E Ratio239.5888.9437.4224.80
Price / Sales21.449.52999.2810.75
Price / Cash244.3167.6023.6115.59
Price / Book13.319.984.595.10
Net Income$209.82M$369.61M$117.19M$967.52M
7 Day Performance-4.39%0.80%0.93%1.66%
1 Month Performance-5.48%-2.90%-2.79%-1.43%
1 Year Performance125.76%18.46%8.09%108.46%

Palantir Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SQ
Block
3.9913 of 5 stars
$71.60
-2.6%
$87.55
+22.3%
+21.0%$44.08B$21.92B92.9912,985Analyst Forecast
GEN
Gen Digital
4.1764 of 5 stars
$19.96
+1.3%
N/A+17.4%$12.71B$3.79B9.243,700
DOCU
DocuSign
3.5204 of 5 stars
$58.31
-2.0%
$60.25
+3.3%
+16.7%$11.98B$2.76B161.986,840
PAYX
Paychex
4.4767 of 5 stars
$121.79
+1.0%
$123.00
+1.0%
+14.0%$43.84B$5.01B26.5316,600Positive News
WCN
Waste Connections
4.5124 of 5 stars
$165.50
-0.7%
$179.33
+8.4%
+16.5%$42.70B$8.02B53.7322,539
FIS
Fidelity National Information Services
4.6003 of 5 stars
$74.31
+5.5%
$74.63
+0.4%
+32.3%$41.73B$9.82B-6.6160,000Earnings Report
Analyst Forecast
Analyst Revision
High Trading Volume
CPRT
Copart
3.152 of 5 stars
$55.93
+0.3%
$51.00
-8.8%
+38.9%$53.78B$3.87B40.2410,200Upcoming Earnings
Positive News
NU
NU
2.5152 of 5 stars
$11.99
-0.2%
$10.00
-16.6%
+102.6%$56.27B$8.03B57.077,686
SPOT
Spotify Technology
4.1279 of 5 stars
$298.21
-0.4%
$306.42
+2.8%
+106.6%$56.72B$14.34B-445.089,123Analyst Forecast
RSG
Republic Services
4.667 of 5 stars
$188.56
+1.0%
$201.00
+6.6%
+28.5%$59.38B$14.96B33.0841,000Insider Selling

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This page (NYSE:PLTR) was last updated on 5/9/2024 by MarketBeat.com Staff

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