NOW vs PLTR: Which Is the Better Buy?

Side-by-side comparison of ServiceNow, Inc. and Palantir Technologies Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-18.
ServiceNow, Inc. · Technology
$103.24
+45.0% upside to fair value
Grade B High Quality
VS
Palantir Technologies Inc. · Technology
$128.47
-41.4% upside to fair value
Grade C High Quality
QuantHub Verdict
NOW has more upside to fair value (+45.0%). NOW trades at a lower forward P/E (61.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric NOW PLTR
Current Price $103.24 $128.47
Fair Value Estimate $149.70 $75.23
Upside to Fair Value +45.0% -41.4%
Market Cap $106.5B $295.0B
Forward P/E 61.1x 133.8x
EV / EBITDA 32.9x 124.7x
Price / Sales 7.6x 56.5x
Price / FCF 23.0x 109.7x
Revenue Growth YoY +22.1% +84.7%
Gross Margin 76.6% 84.1%
Operating Margin 13.4% 38.1%
Return on Equity 15.0% 32.2%
Dividend Yield 0% 0%
FCF Yield 4.35% 0.91%
Analyst Consensus Strong Buy Buy
Investment Thesis
NOW — ServiceNow, Inc.
ServiceNow, Inc. operates in the technology sector specializing in software applications, delivering high-quality enterprise cloud solutions with a durable competitive moat evidenced by a 15% return on equity and strong gross margins of 76.6%. The company is currently in an investing growth phase with 22.1% revenue growth in the most recent quarter, although earnings growth is modest at 2.0%. Des…
PLTR — Palantir Technologies Inc.
Palantir Technologies Inc. is a software infrastructure company specializing in data analytics platforms primarily serving government and commercial clients. The company benefits from a durable competitive moat in government and select commercial verticals, driven by long-tenured founder leadership and high insider ownership. Palantir exhibits very strong recent growth with revenue up approximate…
Accumulation Zones
Metric NOW PLTR
Zone Low $112.27 $56.42
Zone High $127.24 $63.95
In Buy Zone? Yes No
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