Palantir Technologies or Snowflake: which stock is cheaper in 2026?
As of October 5, 2026, according to Kaplio, Palantir Technologies (PLTR) trades at 150× earnings (P/E) and Snowflake (SNOW) has had no positive earnings over the last twelve months. The median across the 250 technology companies above $2bn in Kaplio's universe is 35.1×.
According to the Kaplio Summary
The same verdict as each company's page: price range by multiples, the four lights, the expected return if consensus is right and what Buffett and Lynch would say today.
| Palantir Technologies (PLTR) | Snowflake (SNOW) | |
|---|---|---|
| Summary valuation | expensive ($44) | no range |
| The four lights | Valuation: P/E 149.8× (expensive) Business: ROIC 18 % (fair) Balance sheet: Net debt/EBITDA −0.7× (solid) Results: 8 of 8 (on track) | Valuation: P/Sales 9.5× (no earnings) Business: ROIC −25 % (weak) Balance sheet: Net debt/EBITDA 0.1× (solid) Results: 8 of 8 (on track) |
| Expected return (per year) | — | — |
| Buffett method | quality 44 · would not approve | not enough data |
| Lynch method | stalwart · would wait | not enough data |
Metrics side by side
| Metric | Palantir Technologies (PLTR) | Snowflake (SNOW) |
|---|---|---|
| Overview | ||
| Market Cap | $433B | $118B |
| Price | $188.75 | $341.04 |
| Valuation | ||
| P/E | 150× | — |
| P/B | 46.4× | 55.1× |
| P/S | 70.6× | 21.6× |
| EV/EBITDA | 140× | -134× |
| FCF Yield | 0.8 % | 1.0 % |
| Dividend Yield | 0.0 % | 0.0 % |
| Profitability | ||
| ROIC | 18.0 % | -25.0 % |
| ROE | 37.5 % | -53.6 % |
| Gross Margin | 84.8 % | 67.0 % |
| Operating Margin | 42.8 % | -22.8 % |
| Net Margin | 49.0 % | -20.1 % |
| Growth | ||
| Revenue 5Y CAGR | 32.6 % | 51.2 % |
| EPS 5Y CAGR | — | — |
| FCF 5Y CAGR | — | — |
| Balance Sheet | ||
| Net Debt / EBITDA | -0.7× | 0.1× |
| Debt / Equity | 0.0× | 1.3× |
Trailing twelve months where available; otherwise the latest fiscal year. Growth: five-year compound annual rate.