BSY
Bentley Systems, Incorporated
BSY has slightly lower modeled downside risk, despite its lower overall score.
PLTR
Palantir Technologies Inc.
PLTR has the edge over BSY overall, supported by stronger modeled upside and stronger fundamentals.
BSY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Stable |
BSY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
BSY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $44.19 | — |
| Cheap | 43x | $43.18 | -2.3% |
| Current | 44x | $44.19 | — |
| Fair | 69x | $69.78 | +58% |
| Expensive | 116x | $117 | +165% |
Historical ranges are pointers, not guarantees.
BSY's PE is in its cheap range at 44x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
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 has the edge over BSY in the historical PE scenario, which offers more potential upside but is not a forecast.
BSY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BSY, with profitability improving.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for PLTR, with profitability improving.
BSY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.48 | +46% |
| Q3 2026 | $1.01 | +22% |
| Q2 2026 | $0.90 | +15% |
| Q1 2026 | $0.87 | +12% |
| Q4 2025 | $0.85 | +18% |
| Q3 2025 | $0.83 | -26% |
| Q2 2025 | $0.78 | -32% |
| Q1 2025 | $0.78 | -28% |
| Q4 2024 | $0.72 | -28% |
BSY earned $1.01 per share over the past year, up 22% from the year before.
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 BSY on earnings, with more consistent year-over-year improvement.
BSY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $421.5M | +12% |
| Q2 2026 | $410.7M | +13% |
| Q1 2026 | $424.2M | +14% |
| Q4 2025 | $391.6M | +12% |
| Q3 2025 | $375.5M | +12% |
| Q2 2025 | $364.1M | +10% |
| Q1 2025 | $370.5M | +9.7% |
| Q4 2024 | $349.8M | +13% |
BSY's revenue has grown year over year every quarter since late 2020: $422M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +6.6 points |
| Q2 2026 | 22% | -1.6 points |
| Q1 2026 | 30% | -1.3 points |
| Q4 2025 | 20% | +2.5 points |
| Q3 2025 | 23% | +2 points |
| Q2 2025 | 23% | -1.1 points |
| Q1 2025 | 31% | +3.9 points |
| Q4 2024 | 18% | +5.4 points |
BSY's operating margin was 29% last quarter, up 6.6 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 BSY 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 BSY on profitability, with a higher operating margin.
BSY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $101.4M | -8.3% |
| Q2 2026 | $63.8M | +12% |
| Q1 2026 | $187.9M | -13% |
| Q4 2025 | $136.2M | +79% |
| Q3 2025 | $110.7M | +31% |
| Q2 2025 | $57M | -4.2% |
| Q1 2025 | $216.4M | +7.4% |
| Q4 2024 | $76.1M | -6% |
BSY's free cash flow has been positive every quarter for six years: $489M over the past year, up 6.3% from the year before.
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 BSY on cash flow, with more consistent year-over-year improvement.
BSY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -1.3M shares |
| 1 year | -4.7% | -15.6M shares |
| 3 years | -4.5% | -15.1M shares |
| 5 years | +3.1% | +9.5M shares |
| Available history | +22% | +56.5M shares |
BSY has the edge over PLTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $10M |
| Q2 2026 | $85.1M |
| Q1 2026 | $40M |
| Q4 2025 | $60M |
| Q3 2025 | $15M |
| Q2 2025 | $20M |
| Q1 2025 | $30M |
| Q4 2024 | $18.6M |
BSY spent $195M buying back its own shares over the past year, up 133% from the year before.
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 2.6B diluted shares, about the same as a year ago.
| 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 |
BSY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.7x | Elevated |
BSY's net debt is about 2.1 years of its operating earnings (EBITDA), down from 2.7 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 BSY on leverage, with a lower net debt burden relative to earnings.
BSY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.7 | Neutral |
| Stochastic | 85.8 | Overbought |
BSY's weekly RSI is 68 (neutral) and its Stochastic is 86 (overbought).
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).
BSY PE vs Technology Sector
| Metric | BSY | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 28x | 57% above |
| PE % | 20 | 38 | 18 pts below |
BSY has the edge over PLTR on valuation relative to its sector.
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.
BSY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.9 | 17% above |
| 20 week MA | $35.5 | 25% above |
| 50 week MA | $35.5 | 25% above |
| 100 week MA | $42.0 | 5.3% above |
| 200 week MA | $45.4 | 2.7% below |
BSY has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 2.7% 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's trend is up, with a small recent dip: it's below only its 8-week average, and 106% above its 200-week average.
BSY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.8 | $38.5 | +11% |
| 2021 | $38.5 | $49.8 | +29% |
| 2022 | $49.8 | $36.8 | -26% |
| 2023 | $36.8 | $52.2 | +42% |
| 2024 | $52.2 | $47.6 | -8.8% |
| 2025 | $47.6 | $39.0 | -18% |
| 2026 YTD | $39.0 | $44.2 | +13% |
BSY has the edge over PLTR on returns for 2026, with the stronger performance.
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's yearly returns have swung widely, from +361% in 2024 to −67% in 2022. It's down 9.1% so far in 2026.