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