PLTR vs. SHOP, TTD, SNOW, VEEV, PINS, SNAP, PTC, MBLY, ZM, and GEN
Should you be buying Palantir Technologies stock or one of its competitors? The main competitors of Palantir Technologies include Shopify (SHOP), Trade Desk (TTD), Snowflake (SNOW), Veeva Systems (VEEV), Pinterest (PINS), Snap (SNAP), PTC (PTC), Mobileye Global (MBLY), Zoom Video Communications (ZM), and Gen Digital (GEN). These companies are all part of the "computer software" industry.
Palantir Technologies (NYSE:PLTR) and Shopify (NYSE:SHOP) are both large-cap business services companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, media sentiment, risk, community ranking, dividends, profitability, analyst recommendations, institutional ownership and valuation.
Palantir Technologies has a net margin of 12.79% compared to Shopify's net margin of -2.82%. Palantir Technologies' return on equity of 8.28% beat Shopify's return on equity.
Palantir Technologies presently has a consensus price target of $21.32, suggesting a potential downside of 21.55%. Shopify has a consensus price target of $77.62, suggesting a potential upside of 29.54%. Given Shopify's stronger consensus rating and higher possible upside, analysts clearly believe Shopify is more favorable than Palantir Technologies.
Palantir Technologies has higher earnings, but lower revenue than Shopify. Shopify is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.
Shopify received 1295 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 66.81% of users gave Shopify an outperform vote while only 44.71% of users gave Palantir Technologies an outperform vote.
45.7% of Palantir Technologies shares are owned by institutional investors. Comparatively, 69.3% of Shopify shares are owned by institutional investors. 12.9% of Palantir Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Palantir Technologies has a beta of 2.71, meaning that its share price is 171% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.3, meaning that its share price is 130% more volatile than the S&P 500.
In the previous week, Palantir Technologies had 23 more articles in the media than Shopify. MarketBeat recorded 50 mentions for Palantir Technologies and 27 mentions for Shopify. Palantir Technologies' average media sentiment score of 0.56 beat Shopify's score of 0.54 indicating that Palantir Technologies is being referred to more favorably in the media.
Summary
Palantir Technologies beats Shopify on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PLTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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