PLTR
Palantir Technologies Inc.
PLTR has the edge over QTWO overall, supported by stronger valuation and stronger modeled upside.
QTWO
Q2 Holdings, Inc.
QTWO has slightly lower modeled downside risk, despite its lower overall score.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
QTWO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
QTWO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 QTWO in the historical PE scenario, which offers more potential upside but is not a forecast.
QTWO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 22x | $72.95 | — |
| Cheap | 42x | $72.13 | -1.1% |
| Current | 43x | $72.95 | — |
| Fair | 60x | $102 | +40% |
| Expensive | 1,034x | $1,758 | +2310% |
Historical ranges are pointers, not guarantees.
QTWO's PE is in its cheap range at 43x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
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.
QTWO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for QTWO, with profitability improving. However, they disagree widely on these estimates.
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.
QTWO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.28 | +93% |
| Q3 2026 | $1.70 | +247% |
| Q2 2026 | $1.41 | +2250% |
| Q1 2026 | $1.13 | +$1.47 |
| Q4 2025 | $0.80 | +$1.44 |
| Q3 2025 | $0.49 | +$1.44 |
| Q2 2025 | $0.06 | +$1.21 |
| Q1 2025 | -$0.34 | +$1.00 |
| Q4 2024 | -$0.64 | +$0.48 |
QTWO's earnings per share have climbed steadily: $1.70 over the past year, about three times what it earned the year before, and higher year over year for 21 quarters in a row.
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 QTWO 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 QTWO on profitability, with a higher operating margin.
QTWO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $225.8M | +12% |
| Q2 2026 | $219.8M | +13% |
| Q1 2026 | $216.5M | +14% |
| Q4 2025 | $208.2M | +14% |
| Q3 2025 | $201.7M | +15% |
| Q2 2025 | $195.1M | +13% |
| Q1 2025 | $189.7M | +15% |
| Q4 2024 | $183M | +13% |
QTWO's revenue has grown year over year every quarter since late 2020: $226M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +9.6 points |
| Q2 2026 | 13% | +8.3 points |
| Q1 2026 | 13% | +12 points |
| Q4 2025 | 8.1% | +9 points |
| Q3 2025 | 5.5% | +13 points |
| Q2 2025 | 5% | +13 points |
| Q1 2025 | 1.1% | +9.7 points |
| Q4 2024 | -0.9% | +10 points |
QTWO's operating margin was 15% last quarter, up 9.6 points from the same quarter a year ago, near the top of its range since 2019.
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 QTWO on cash flow, with stronger typical year-over-year growth.
QTWO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $62.6M | +46% |
| Q2 2026 | $59M | +25% |
| Q1 2026 | $49.7M | +16% |
| Q4 2025 | $61.7M | +48% |
| Q3 2025 | $42.9M | +5% |
| Q2 2025 | $47.3M | +37% |
| Q1 2025 | $42.7M | +255% |
| Q4 2024 | $41.6M | +17% |
QTWO generated $233M in free cash flow over the past year, up 33% 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 |
QTWO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.9% | -1.9M shares |
| 1 year | -9.1% | -6.3M shares |
| 3 years | +8.6% | +5M shares |
| 5 years | +12% | +7M shares |
| Available history | +38% | +17.3M shares |
QTWO has the edge over PLTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $38.8M |
| Q2 2026 | $22.9M |
| Q1 2026 | $97.2M |
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 QTWO on leverage, with a lower net debt burden relative to earnings.
QTWO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.7x | Net Cash |
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -2.9x | Net Cash |
| Q4 2025 | -3.9x | Net Cash |
| Q3 2025 | -6.0x | Net Cash |
| Q2 2025 | -7.1x | Net Cash |
| Q1 2025 | -9.8x | Net Cash |
| Q4 2024 | -13.5x | Net Cash |
QTWO has more cash than debt.
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).
QTWO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.3 | Neutral |
| Stochastic | 84.4 | Overbought |
QTWO's weekly RSI is 66 (neutral) and its Stochastic is 84 (overbought).
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.
QTWO PE vs Technology Sector
| Metric | QTWO | Sector median | Relative |
|---|---|---|---|
| PE | 43x | 28x | 54% above |
| PE % | 18 | 35 | 17 pts below |
QTWO has the edge over PLTR on valuation relative to its sector.
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.
QTWO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $64.6 | 13% above |
| 20 week MA | $61.5 | 19% above |
| 50 week MA | $57.6 | 27% above |
| 100 week MA | $69.9 | 4.3% above |
| 200 week MA | $59.4 | 23% above |
QTWO has the edge over PLTR on trend strength, trading above more of its moving averages.
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.
QTWO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $82.4 | $128.1 | +55% |
| 2021 | $128.1 | $81.9 | -36% |
| 2022 | $81.9 | $25.2 | -69% |
| 2023 | $25.2 | $43.4 | +72% |
| 2024 | $43.4 | $103.4 | +138% |
| 2025 | $103.4 | $74.5 | -28% |
| 2026 YTD | $74.5 | $73.0 | -2.1% |
QTWO has the edge over PLTR on returns for 2026, with the stronger performance.