Palantir Technologies (PLTR) Competitors

$21.76
+0.11 (+0.51%)
(As of 05/17/2024 ET)

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

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 Marvell Technology (MRVL). 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 superior stock? We will contrast the two companies based on the strength of their valuation, community ranking, profitability, risk, earnings, institutional ownership, media sentiment, analyst recommendations and dividends.

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 price target of $87.59, indicating a potential upside of 21.22%. Palantir Technologies has a consensus price target of $20.65, indicating a potential downside of 5.08%. Given Palantir Technologies' stronger consensus rating and higher probable upside, equities analysts clearly 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

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$21.92B2.03$9.77M$0.7793.85
Palantir Technologies$2.23B21.78$209.82M$0.12181.35

Palantir Technologies has a net margin of 12.79% compared to Palantir Technologies' net margin of 2.18%. Block's return on equity of 8.28% beat Palantir Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Block2.18% 2.04% 1.12%
Palantir Technologies 12.79%8.28%6.50%

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

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

In the previous week, Palantir Technologies had 38 more articles in the media than Block. MarketBeat recorded 54 mentions for Palantir Technologies and 16 mentions for Block. Palantir Technologies' average media sentiment score of 0.80 beat Block's score of 0.46 indicating that Block is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Block
12 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Palantir Technologies
26 Very Positive mention(s)
5 Positive mention(s)
17 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

Summary

Block and Palantir Technologies tied by winning 9 of the 18 factors compared between the two stocks.

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$48.46B$22.21B$6.81B$18.09B
Dividend YieldN/A2.02%2.86%3.44%
P/E Ratio181.3582.6921.3726.23
Price / Sales21.7810.951,092.3311.58
Price / Cash226.7268.0428.3719.45
Price / Book12.589.564.856.01
Net Income$209.82M$373.17M$116.48M$966.65M
7 Day Performance5.63%2.83%1.65%1.85%
1 Month Performance6.28%6.95%5.57%6.59%
1 Year Performance85.82%18.35%9.36%23.69%

Palantir Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SQ
Block
4.1099 of 5 stars
$71.17
+2.1%
$87.59
+23.1%
+21.4%$43.91B$21.92B92.4312,985
GEN
Gen Digital
1.8425 of 5 stars
$24.54
+2.3%
N/A+55.3%$15.63B$3.81B25.833,700Short Interest ↑
DOCU
DocuSign
3.4515 of 5 stars
$59.73
-0.1%
$60.25
+0.9%
+14.6%$12.27B$2.76B165.926,840Short Interest ↓
PAYX
Paychex
4.2352 of 5 stars
$123.71
-0.8%
$123.00
-0.6%
+15.5%$44.53B$5.01B26.9516,600Positive News
WCN
Waste Connections
4.4403 of 5 stars
$165.66
-0.3%
$179.33
+8.3%
+20.2%$42.85B$8.19B53.7922,539Analyst Upgrade
Insider Selling
Analyst Revision
News Coverage
FIS
Fidelity National Information Services
4.8247 of 5 stars
$76.39
+0.8%
$78.11
+2.2%
+35.5%$42.49B$9.89B-7.4760,000Analyst Revision
CPRT
Copart
3.0521 of 5 stars
$54.40
-0.3%
$51.00
-6.3%
+23.3%$52.49B$4.06B39.1410,200Earnings Report
News Coverage
NU
NU
2.221 of 5 stars
$11.56
+1.5%
$10.00
-13.5%
+82.5%$54.25B$8.03B55.037,686Analyst Forecast
SPOT
Spotify Technology
4.0419 of 5 stars
$290.16
+0.2%
$306.42
+5.6%
+99.9%$55.19B$13.84B-433.079,123Gap Up
MRVL
Marvell Technology
4.6756 of 5 stars
$68.02
-1.4%
$81.28
+19.5%
+60.8%$58.87B$5.51B-62.986,577Analyst Downgrade
Insider Selling
News Coverage

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This page (NYSE:PLTR) was last updated on 5/19/2024 by MarketBeat.com Staff

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