Palo Alto Networks Inc vs Palantir Technologies Inc

Palo Alto Networks Inc (PANW) is overvalued and Palantir Technologies Inc (PLTR) is overvalued.

Both trade above our estimate of their intrinsic value. PANW is the closer of the two: -152%, against -417% for PLTR.

Values as of the 22 Sept 2026 close.

Palo Alto Networks Inc (PANW)

A 10.4x revenue multiple, adjusted for growth and margin, values the shares at $148.73; the price of $374.57 is 152% above that value.

Leak Score 53/100 on 9 of 12 signals

Palantir Technologies Inc (PLTR)

A 12.5x revenue multiple, adjusted for growth and margin, values the shares at $35.76; the price of $184.99 is 417% above that value.

Leak Score 67/100 on 8 of 12 signals

MetricPANWPLTR
VerdictOvervaluedOvervalued
Price$374.57$184.99
Intrinsic value$148.73$35.76
Margin of safety-152%-417%
Leak Score53/100 (9/12)67/100 (8/12)
Market cap$306.4B$444.5B
Revenue growth, 5 years21.9%32.6%
Operating margin5.4%42.8%
Net margin2.7%49.0%
Return on equity1.7%38.4%
Debt to equity0.090.02
P/E730.9x157.6x
Forward P/E76.9x80.9x
P/B11.1x45.5x

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