Palantir Technologies Inc.
$404.18B- Market cap
- $409.96B
- Debt
- +$1.40B
- Cash
- −$7.18B
Capital structure 100% equity / 0% debt · EV / Revenue 90.31x · EV / EBITDA 245.29x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: PLTR stock price vs SNOW: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SNOW's multiple
Needs SNOW P/E.
Implied fair value · at PLTR's multiple
Needs Annual EPS is negative.
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PLTR FY 2025 (ended Dec 31, 2025) · SNOW FY 2026 (ended Jan 31, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 100% equity / 0% debt · EV / Revenue 90.31x · EV / EBITDA 245.29x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Palantir Technologies Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
SNOWFLAKE INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Complete market value, debt and cash evidence is required for enterprise value.
Debt / equity
Total debt against shareholders' equity
0.19x
1.84x
Net debt / EBITDA
Leverage against operating earnings
-3.51x
-0.70x
Cash and equivalents
Liquid reserves on the balance sheet
$7.18B
$2.83B
Total debt
Interest-bearing obligations outstanding
$1.40B
$3.54B
Elastic N.V.
PLTR vs ESTC
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe PLTR can sustain very high growth and keep expanding margins for years, then hold or accumulate only on significant pullbacks because the current valuation already prices in exceptional execution relative to SNOW and the DCF range.
PLTR trades at a very steep premium on sales versus SNOW, while the provided implied price from SNOW P/S multiple is far below the current quote. The gap is reinforced by the fact that PLTR already sits near the top of its historical valuation band, suggesting the market is pricing in a very aggressive growth and profitability trajectory.
Supporting Metrics