PLTR
Palantir Technologies Inc.
PLTR has the edge over TSAT overall, supported by stronger fundamentals and stronger valuation.
TSAT
Telesat Corporation
TSAT trails on the overall score without a compensating advantage in the available component scores.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
TSAT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Weak |
TSAT's revenue, profitability, cash flow and balance sheet are all currently under pressure.
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.
TSAT PE Valuation
TSAT has no meaningful PE right now: it lost money over the past year.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
PLTR has the edge over TSAT on the outlook, with more favorable revenue expectations.
TSAT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong decline | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect TSAT's losses to shrink, with revenue declining.
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 TSAT on earnings quality, reporting a profit while its opponent remains loss making.
TSAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$17.44 | -$12.21 |
| Q1 2026 | -$8.80 | -$4.32 |
| Q4 2025 | -$7.43 | -$2.95 |
| Q3 2025 | -$7.77 | -574% |
| Q2 2025 | -$5.23 | -826% |
| Q1 2025 | -$4.48 | -166% |
| Q4 2024 | -$4.48 | -156% |
| Q3 2024 | $1.64 | -82% |
TSAT lost $17.44 per share over the past year, a bigger loss than the year before.
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 TSAT 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 TSAT on profitability, with a higher operating margin.
TSAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $55.9M | -25% |
| Q1 2026 | $61.4M | -25% |
| Q4 2025 | $66.1M | -27% |
| Q3 2025 | $71M | -27% |
| Q2 2025 | $74.6M | -30% |
| Q1 2025 | $82.1M | -23% |
| Q4 2024 | $90M | -23% |
| Q3 2024 | $97.3M | -21% |
TSAT's revenue has slid since its 2019 peak: $56M last quarter, down 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -16% | -33 points |
| Q1 2026 | 3.5% | -23 points |
| Q4 2025 | -381% | -204 points |
| Q3 2025 | 5.9% | -37 points |
| Q2 2025 | 17% | -24 points |
| Q1 2025 | 26% | -17 points |
| Q4 2024 | -178% | -172 points |
| Q3 2024 | 43% | +0.1 points |
TSAT's operating margin was −16% last quarter, down 33 points from the same quarter a year ago, near the bottom 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 TSAT on cash generation, producing positive trailing cash flow while its opponent burns cash.
TSAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$165.1M | -$118.8M |
| Q1 2026 | -$80.4M | -210% |
| Q4 2025 | -$49.5M | -$36.5M |
| Q3 2025 | -$29.3M | -$16.3M |
| Q2 2025 | -$46.3M | -$31.1M |
| Q1 2025 | $73.2M | +82% |
| Q4 2024 | -$13M | -$10.9M |
| Q3 2024 | -$13M | -$12.5M |
TSAT's free cash flow has turned negative after years in the green: −$324M over the past year.
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 |
TSAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +240K shares |
| 1 year | -8.1% | -1.3M shares |
| 3 years | +10% | +1.4M shares |
TSAT has the edge over PLTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q2 2025 | $1.1M |
| Q1 2025 | $4.8M |
| Q4 2024 | $1.6M |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
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.
TSAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | 48.8x | High |
| Q4 2024 | 38.5x | High |
| Q3 2024 | 3.0x | Moderate |
| Q2 2024 | 2.7x | Moderate |
| Q1 2024 | 1.5x | Healthy |
| Q4 2023 | 1.4x | Healthy |
| Q3 2023 | 0.9x | Very low |
| Q2 2023 | 1.5x | Healthy |
TSAT's net debt is more than 20 years of its operating earnings (EBITDA), up from 1.4 years a year ago.
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).
TSAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.8 | Neutral |
| Stochastic | 28.4 | Neutral |
TSAT's weekly RSI is 52 (neutral) and its Stochastic is 28 (neutral).
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.
TSAT PE vs Technology Sector
| Metric | TSAT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
TSAT has no meaningful PE right now: it lost money over the past year.
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.
TSAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.6 | 1.7% above |
| 20 week MA | $44.8 | 1.3% above |
| 50 week MA | $41.0 | 11% above |
| 100 week MA | $31.2 | 45% above |
| 200 week MA | $20.8 | 119% above |
TSAT 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.
TSAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.8 | $21.3 | -35% |
| 2021 | $21.3 | $31.9 | +50% |
| 2022 | $31.9 | $6.92 | -78% |
| 2023 | $6.92 | $10.4 | +51% |
| 2024 | $10.4 | $16.4 | +57% |
| 2025 | $16.4 | $29.2 | +78% |
| 2026 YTD | $29.2 | $45.4 | +56% |
TSAT has the edge over PLTR on returns for 2026, with the stronger performance.