Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in AppLovin Corporation or Palantir Technologies Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how AppLovin Corporation and Palantir Technologies Inc. compare based on key financial metrics to determine which better meets your investment needs.

About AppLovin Corporation and Palantir Technologies Inc.

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimizes the value of a publisher’s advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform; and Wurl, a connected TV platform, which distributes streaming video for content companies, provides advertising and publishing solutions. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, and indie studio developers. The company was incorporated in 2011 and is headquartered in Palo Alto, California.

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations’ actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company was incorporated in 2003 and is headquartered in Aventura, Florida.

Latest Software and AppLovin Corporation, Palantir Technologies Inc. Stock News

As of June 1, 2026, AppLovin Corporation had a $206.2 billion market capitalization, compared to the Software median of $1.2 million. AppLovin Corporation’s stock is down 10.7% in 2026, up 17% in the previous five trading days and up 59.72% in the past year.

Currently, AppLovin Corporation’s price-earnings ratio is 53.4. AppLovin Corporation’s trailing 12-month revenue is $6.2 billion with a 64.3% net profit margin. Year-over-year quarterly sales growth most recently was 59.0%. Analysts expect adjusted earnings to reach $16.670 per share for the current fiscal year. AppLovin Corporation does not currently pay a dividend.

As of June 1, 2026, Palantir Technologies Inc. had a $385.1 billion market cap, putting it in the 100th percentile of all stocks. Palantir Technologies Inc.’s stock is down 13.8% in 2026, up 12.2% in the previous five trading days and up 31.34% in the past year.

Currently, Palantir Technologies Inc.’s price-earnings ratio is 180.5. Palantir Technologies Inc.’s trailing 12-month revenue is $5.2 billion with a 43.7% net profit margin. Year-over-year quarterly sales growth most recently was 84.7%. Analysts expect adjusted earnings to reach $1.464 per share for the current fiscal year. Palantir Technologies Inc. does not currently pay a dividend.

How We Compare AppLovin Corporation and Palantir Technologies Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at AppLovin Corporation and Palantir Technologies Inc.’s stock grades to see how they measure up against one another.

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AppLovin Corporation and Palantir Technologies Inc. Stock Value Grades

Company	Ticker	Value
AppLovin Corporation	APP	F
Palantir Technologies Inc.	PLTR	F

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

AppLovin Corporation has a Value Score of 8, which is Ultra Expensive. Palantir Technologies Inc. has a Value Score of 1, which is Ultra Expensive.

The Value Stock Winner: No Clear Winner

Neither AppLovin Corporation or Palantir Technologies Inc. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if AppLovin Corporation or Palantir Technologies Inc. is the better investment when it comes to value.

AppLovin Corporation and Palantir Technologies Inc.’s Quality Grades

Company	Ticker	Quality
AppLovin Corporation	APP	A
Palantir Technologies Inc.	PLTR	A

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

AppLovin Corporation has a Quality Score of 99, which is Very Strong. Palantir Technologies Inc. has a Quality Score of 93, which is Very Strong.

The Quality Grade Winner: It’s a Tie!

Looking at the Quality Grade breakdown above, both AppLovin Corporation and Palantir Technologies Inc. have a grade of A. For investors who focus solely on a company’s overall quality, you will need to conduct further research into both companies to see if they are a good fit for your portfolio. As a good rule of thumb, you should always analyze multiple factors based on a wide range of metrics before choosing a company to invest in.

AppLovin Corporation and Palantir Technologies Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
AppLovin Corporation	APP	B
Palantir Technologies Inc.	PLTR	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

AppLovin Corporation has a Earnings Estimate Score of 64, which is Positive. Palantir Technologies Inc. has a Earnings Estimate Score of 77, which is Positive.

The Earnings Estimate Revisions Grade Winner: It’s a Tie!

Looking at the Earnings Estimate Revisions Grade breakdown above, both AppLovin Corporation and Palantir Technologies Inc. have a grade of B. For those focusing solely on a company’s estimate revisions, other financial metrics will need to be evaluated to determine whether AppLovin Corporation or Palantir Technologies Inc. is a better fit.

Other AppLovin Corporation and Palantir Technologies Inc. Grades

In addition to Value, Quality and Estimate Revisions, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether AppLovin Corporation and Palantir Technologies Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, AppLovin Corporation or Palantir Technologies Inc. Stock?

Overall, AppLovin Corporation stock has a Value Score of 8, Estimate Revisions Score of 64 and Quality Score of 99.

Palantir Technologies Inc. stock has a Value Score of 1, Estimate Revisions Score of 77 and Quality Score of 93.

Comparing AppLovin Corporation and Palantir Technologies Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.