ADTN
ADTRAN Holdings, Inc.
ADTN trails on the overall score without a compensating advantage in the available component scores.
PLTR
Palantir Technologies Inc.
PLTR has the edge over ADTN overall, supported by stronger valuation and stronger fundamentals.
ADTN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Weak |
ADTN's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
ADTN PE Valuation
ADTN has no meaningful PE right now: it lost money over the past year.
PLTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 75x | $172 | — |
| Current | 120x | $172 | — |
| Cheap | 165x | $236 | +37% |
| Fair | 251x | $359 | +109% |
| Expensive | 452x | $646 | +277% |
Historical ranges are pointers, not guarantees.
PLTR's PE is in its cheap range at 120x. If earnings grow as analysts expect, today's price would be 75x next year's earnings.
ADTN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect ADTN's profitability to weaken, with its earnings and revenue holding steady. However, they disagree widely on these estimates.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
PLTR has the edge over ADTN on the outlook, with more favorable earnings and revenue expectations.
ADTN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.31 | — |
| Q3 2026 | -$0.26 | +$0.82 |
| Q2 2026 | -$0.28 | +$1.04 |
| Q1 2026 | -$0.39 | +$1.32 |
| Q4 2025 | -$0.52 | +$5.17 |
| Q3 2025 | -$1.08 | +$5.43 |
| Q2 2025 | -$1.32 | +$5.83 |
| Q1 2025 | -$1.71 | +$5.31 |
| Q4 2024 | -$5.69 | -$2.28 |
ADTN is still losing money, but far less than before: $0.26 per share over the past year, against $7.15 at its worst in mid-2024.
PLTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.30 | +61% |
| Q3 2026 | $1.43 | +240% |
| Q2 2026 | $1.17 | +290% |
| Q1 2026 | $0.89 | +287% |
| Q4 2025 | $0.63 | +232% |
| Q3 2025 | $0.42 | +110% |
| Q2 2025 | $0.30 | +76% |
| Q1 2025 | $0.23 | +92% |
| Q4 2024 | $0.19 | +111% |
PLTR has the edge over ADTN on earnings quality, reporting a profit while its opponent remains loss making.
ADTN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281.2M | +0.6% |
| Q2 2026 | $281.1M | +6.1% |
| Q1 2026 | $286.1M | +15% |
| Q4 2025 | $291.6M | +20% |
| Q3 2025 | $279.4M | +23% |
| Q2 2025 | $265.1M | +17% |
| Q1 2025 | $247.7M | +9.5% |
| Q4 2024 | $242.9M | +7.7% |
ADTN's revenue has grown year over year for eight quarters in a row: $281M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.3% | +0.7 points |
| Q2 2026 | -3.6% | +1.4 points |
| Q1 2026 | 2.2% | +3.8 points |
| Q4 2025 | 1.5% | +8.4 points |
| Q3 2025 | -1% | +9.5 points |
| Q2 2025 | -5% | +12 points |
| Q1 2025 | -1.6% | +149 points |
| Q4 2024 | -6.9% | +9.8 points |
ADTN's operating margin was −0.3% last quarter, up 0.7 points from the same quarter a year ago.
PLTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +96% |
| Q2 2026 | $1.9B | +93% |
| Q1 2026 | $1.6B | +85% |
| Q4 2025 | $1.4B | +70% |
| Q3 2025 | $1.2B | +63% |
| Q2 2025 | $1B | +48% |
| Q1 2025 | $883.9M | +39% |
| Q4 2024 | $827.5M | +36% |
PLTR has the edge over ADTN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +14 points |
| Q2 2026 | 47% | +20 points |
| Q1 2026 | 46% | +26 points |
| Q4 2025 | 41% | +40 points |
| Q3 2025 | 33% | +18 points |
| Q2 2025 | 27% | +11 points |
| Q1 2025 | 20% | +7.2 points |
| Q4 2024 | 1.3% | -9.5 points |
PLTR has the edge over ADTN on profitability, with a higher operating margin.
ADTN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$30.2M | -819% |
| Q2 2026 | $17M | -38% |
| Q1 2026 | $5.2M | -86% |
| Q4 2025 | $30.6M | +$31.5M |
| Q3 2025 | $4.2M | -82% |
| Q2 2025 | $27.5M | +604% |
| Q1 2025 | $35.8M | +54% |
| Q4 2024 | -$895K | +$24.8M |
ADTN usually generates cash, though not every quarter: the latest was −$30M, but it generated $22M over the past year.
PLTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +139% |
| Q2 2026 | $1.2B | +126% |
| Q1 2026 | $891.8M | +193% |
| Q4 2025 | $764M | +67% |
| Q3 2025 | $500.9M | +20% |
| Q2 2025 | $531.6M | +276% |
| Q1 2025 | $304.1M | +140% |
| Q4 2024 | $457.2M | +54% |
PLTR has the edge over ADTN on cash flow, with more consistent year-over-year improvement.
ADTN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +274K shares |
| 1 year | +1.8% | +1.4M shares |
| 3 years | +3.6% | +2.8M shares |
| 5 years | +64% | +31.8M shares |
| Available history | +70% | +33.4M shares |
ADTN has 81M diluted shares, up 1.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
PLTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +5.2M shares |
| 1 year | +0.1% | +2.9M shares |
| 3 years | +11% | +248M shares |
| 5 years | +31% | +610M shares |
| Available history | +184% | +1.7B shares |
PLTR has the edge over ADTN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $19.2M |
| Q3 2025 | $19.2M |
| Q2 2025 | $18.6M |
| Q1 2025 | $18M |
| Q4 2024 | $18.6M |
| Q3 2024 | $18.9M |
| Q2 2024 | $17.7M |
| Q1 2024 | $9M |
ADTN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 3.2x | Elevated |
| Q3 2025 | 6.5x | High |
| Q2 2025 | 16.1x | High |
| Q1 2025 | 39.3x | High |
| Q2 2022 | -7.4x | Net Cash |
ADTN's net debt is about 4.5 years of its operating earnings (EBITDA), down from 6.5 years a year ago.
PLTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -2.3x | Net Cash |
| Q4 2024 | -6.1x | Net Cash |
PLTR has the edge over ADTN on leverage, with a lower net debt burden relative to earnings.
ADTN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.6 | Neutral |
| Stochastic | 9.6 | Oversold |
ADTN's weekly RSI is 32 (neutral) and its Stochastic is 10 (oversold).
PLTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 47.4 | Neutral |
PLTR's weekly RSI is 51 (neutral) and its Stochastic is 47 (neutral).
ADTN PE vs Technology Sector
| Metric | ADTN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
ADTN has no meaningful PE right now: it lost money over the past year.
PLTR PE vs Technology Sector
| Metric | PLTR | Sector median | Relative |
|---|---|---|---|
| PE | 120x | 28x | 331% above |
| PE % | 1 | 38 | 37 pts below |
PLTR is trading at 120x earnings, a 331% premium to the Technology sector's median of 28x.
ADTN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.22 | 22% below |
| 20 week MA | $7.96 | 39% below |
| 50 week MA | $10.5 | 54% below |
| 100 week MA | $9.73 | 50% below |
| 200 week MA | $8.95 | 46% below |
ADTN is in a downtrend: it's below all five of its weekly moving averages, and 46% below its 200-week average.
PLTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $185.8 | 7.6% below |
| 20 week MA | $167.6 | 2.4% above |
| 50 week MA | $157.1 | 9.2% above |
| 100 week MA | $143.8 | 19% above |
| 200 week MA | $83.3 | 106% above |
PLTR has the edge over ADTN on trend strength, trading above more of its moving averages.
ADTN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.74 | $15.0 | +54% |
| 2021 | $15.0 | $22.0 | +47% |
| 2022 | $22.0 | $18.8 | -15% |
| 2023 | $18.8 | $7.34 | -61% |
| 2024 | $7.34 | $8.21 | +12% |
| 2025 | $8.21 | $8.75 | +6.6% |
| 2026 YTD | $8.75 | $4.86 | -44% |
ADTN is down 44% so far in 2026, after finishing higher in four of the previous six years.
PLTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.20 | $27.8 | +202% |
| 2021 | $27.8 | $18.9 | -32% |
| 2022 | $18.9 | $6.29 | -67% |
| 2023 | $6.29 | $17.2 | +173% |
| 2024 | $17.2 | $79.1 | +361% |
| 2025 | $79.1 | $188.7 | +139% |
| 2026 YTD | $188.7 | $171.6 | -9.1% |
PLTR has the edge over ADTN on returns for 2026, with the stronger performance.