LPTH
LightPath Technologies, Inc.
LPTH's outlook is improving, though it still trails on the overall score.
PLTR
Palantir Technologies Inc.
PLTR has the edge over LPTH overall, supported by stronger valuation and stronger fundamentals.
LPTH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
LPTH's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
LPTH PE Valuation
LPTH 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.
LPTH Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect LPTH's losses to shrink, with revenue growing.
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.
LPTH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2024 | -$0.23 | -$0.09 |
| Q3 2024 | -$0.21 | -$0.09 |
| Q2 2024 | -$0.21 | -$0.08 |
| Q1 2024 | -$0.18 | -$0.02 |
| Q4 2023 | -$0.14 | +$0.01 |
| Q3 2023 | -$0.12 | +$0.04 |
| Q2 2023 | -$0.13 | $0.00 |
| Q1 2023 | -$0.16 | +$0.02 |
PLTR has the stronger earnings trend. Trailing diluted EPS is down 257% for LPTH versus PLTR up 240%.
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's earnings per share have climbed steadily: $1.43 over the past year, about three times what it earned the year before, and higher year over year every quarter since late 2021.
LPTH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.8M | +38% |
| Q2 2026 | $21.2M | +73% |
| Q1 2026 | $19.1M | +109% |
| Q4 2025 | $16.4M | +120% |
| Q3 2025 | $15.1M | +79% |
| Q2 2025 | $12.2M | +41% |
| Q1 2025 | $9.2M | +19% |
| Q4 2024 | $7.4M | +1.5% |
LPTH's revenue has grown year over year for nine quarters in a row: $21M last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -10% | +6.2 points |
| Q2 2026 | -20% | +18 points |
| Q1 2026 | -22% | +14 points |
| Q4 2025 | -53% | -19 points |
| Q3 2025 | -17% | -0.3 points |
| Q2 2025 | -38% | -12 points |
| Q1 2025 | -36% | -2.7 points |
| Q4 2024 | -33% | -9.1 points |
LPTH's operating margin was −10% last quarter, up 6.2 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 LPTH 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 LPTH on profitability, with a higher operating margin.
LPTH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.9M | -$9.6M |
| Q2 2026 | -$9.5M | -$6.2M |
| Q1 2026 | -$7.7M | -$4M |
| Q4 2025 | $2M | +$2.8M |
| Q3 2025 | -$1.2M | +$560.1K |
| Q2 2025 | -$3.3M | -$3.1M |
| Q1 2025 | -$3.7M | -$2.9M |
| Q4 2024 | -$817.8K | +$981 |
LPTH has burned cash in most quarters: −$26M over the past year, against −$9M 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 LPTH on cash generation, producing positive trailing cash flow while its opponent burns cash.
LPTH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +19% | +11.4M shares |
| 1 year | +71% | +29.1M shares |
| 3 years | +99% | +34.9M shares |
| 5 years | +166% | +43.6M shares |
| Available history | +156% | +42.6M shares |
LPTH has 70M diluted shares, up 71% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
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 LPTH 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 |
LPTH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | -3.2x | Net Cash |
| Q3 2022 | -20.5x | Net Cash |
| Q2 2022 | -2.3x | Net Cash |
| Q3 2021 | 0.2x | Very low |
| Q2 2021 | -1.6x | Net Cash |
| Q1 2021 | -0.4x | Net Cash |
| Q4 2020 | -0.2x | Net Cash |
| Q3 2020 | -0.2x | Net Cash |
LPTH has more cash than debt.
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 more cash than debt.
LPTH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.8 | Neutral |
| Stochastic | 13.1 | Oversold |
LPTH's weekly RSI is 40 (neutral) and its Stochastic is 13 (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).
LPTH PE vs Technology Sector
| Metric | LPTH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
LPTH 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.
LPTH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.51 | 15% below |
| 20 week MA | $10.4 | 31% below |
| 50 week MA | $11.4 | 37% below |
| 100 week MA | $7.72 | 6.6% below |
| 200 week MA | $4.60 | 57% above |
LPTH has fallen below most of its moving averages, though it's still 57% above 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 LPTH on trend strength, trading above more of its moving averages.
LPTH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.69 | $4.06 | +488% |
| 2021 | $4.06 | $2.31 | -43% |
| 2022 | $2.31 | $1.20 | -48% |
| 2023 | $1.20 | $1.26 | +5% |
| 2024 | $1.26 | $3.49 | +177% |
| 2025 | $3.49 | $9.02 | +158% |
| 2026 YTD | $9.02 | $7.21 | -20% |
LPTH's yearly returns have swung widely, from +488% in 2020 to −48% in 2022. It's down 20% so far in 2026.
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 LPTH on returns for 2026, with the stronger performance.