FATN
FatPipe, Inc. Common Stock
FATN trails on the overall score without a compensating advantage in the available component scores.
PLTR
Palantir Technologies Inc.
PLTR has the edge over FATN overall, supported by stronger fundamentals and stronger valuation.
FATN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Unavailable | |
| Healthy |
FATN's revenue, profitability and balance sheet are currently healthy. There isn't enough data to rate its cash flow.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
FATN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 9.7x | $4.67 | — |
| Cheap | 14x | $6.89 | +47% |
| Fair | 25x | $12.09 | +159% |
| Expensive | 45x | $21.56 | +362% |
Historical ranges are pointers, not guarantees.
FATN has the edge over PLTR in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
FATN Forward outlook
There aren't enough analyst estimates for FATN to show an outlook.
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.
FATN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.48 | +700% |
| Q2 2026 | $0.39 | +255% |
| Q1 2026 | $0.35 | +218% |
| Q4 2025 | $0.08 | -71% |
| Q3 2025 | $0.06 | -81% |
FATN's earnings per share have jumped to their highest in two years: $0.48 over the past year, up from $0.06 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 FATN on earnings, with more consistent year-over-year improvement.
FATN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.8M | +22% |
| Q2 2026 | $5M | +28% |
| Q1 2026 | $13.6M | +330% |
| Q4 2025 | $4.1M | +30% |
| Q3 2025 | $4M | +5.6% |
| Q2 2025 | $3.9M | +4.9% |
| Q1 2025 | $3.1M | -41% |
| Q4 2024 | $3.1M | -21% |
FATN's revenue has grown year over year for six quarters in a row: $5M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +18 points |
| Q2 2026 | 18% | -7.6 points |
| Q1 2026 | 16% | +10 points |
| Q4 2025 | 9.8% | +4 points |
| Q3 2025 | 0% | -23 points |
| Q2 2025 | 25% | +2.6 points |
| Q1 2025 | 5.9% | -39 points |
| Q4 2024 | 5.9% | -20 points |
FATN's operating margin was 17% last quarter, up 17 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 FATN on sales, with more consistent year-over-year improvement.
| 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 FATN on profitability, with a higher operating margin.
FATN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$679K | -$128K |
| Q4 2025 | $240.9K | +$363.6K |
| Q3 2025 | $399.8K | +696% |
| Q2 2025 | -$551.1K | -$293.6K |
| Q1 2025 | -$197K | -110% |
| Q4 2024 | -$122.7K | +$1.6M |
PLTR has the stronger cash trend. Its trailing FCF is up 370% versus its history, compared with FATN at down 1,053%.
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 generated $4.1B in free cash flow over the past year, up 126% from the year before.
FATN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +35.4K shares |
| 1 year | +1.7% | +235K shares |
FATN has 14M diluted shares, up 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
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 FATN 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 |
FATN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -0.7x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | 1.3x | Healthy |
| Q4 2024 | 0.5x | Very low |
FATN's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt 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 FATN on leverage, with a lower net debt burden relative to earnings.
FATN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.4 | Neutral |
| Stochastic | 18.5 | Oversold |
FATN's weekly RSI is 48 (neutral) and its Stochastic is 19 (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).
FATN PE vs Technology Sector
| Metric | FATN | Sector median | Relative |
|---|---|---|---|
| PE | 9.7x | 28x | 65% below |
| PE % | 2 | 24 | 22 pts below |
FATN 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.
FATN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.07 | 7.9% below |
| 20 week MA | $5.47 | 15% below |
| 50 week MA | $3.98 | 17% above |
PLTR has stronger trend alignment. FATN is above 1 of 3 weekly averages versus PLTR above 4 of 5.
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.
FATN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $6.36 | $2.51 | -61% |
| 2026 YTD | $2.51 | $4.67 | +86% |
FATN 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.