InvestMoat

Palantir vs Snowflake

Snowflake is cheaper. So why does Palantir win?

Palantir edges it, 77 to 76, on moat.

Snowflake wins on valuation, but Palantir's lead on moat counts for more.

PLTR · Software

Palantir Technologies

…

AccumulateFull analysis

SNOW · Software

Snowflake Inc.

…

AccumulateFull analysis

PLTR

SNOW

Composite
77
(higher)
76
Moat
72
(higher)
59
Growth
92
92
Valuation
65
75
(higher)

PLTR

SNOW

Bear
$100
$220
Base
$185
$410
Bull
$300
$525
Upside to base
—
—

PLTR

SNOW

Revenue CAGR, 3–5 yr
25-35%
28–34%

PLTR

SNOW

Proprietary Data
Intact (higher)
Weakened
Regulatory Lock-In
Strong (higher)
Intact
Network Effects
Weakened
Intact (higher)
Transaction Embedding
Intact
Intact
System of Record
Intact
Intact
Scale Economics
N/A
N/A
Brand & Pricing Power
N/A
N/A

PLTR

SNOW

Learned Interfaces
Intact (higher)
N/A
Business Logic
Strong (higher)
Intact
Public Data Access
N/A
Intact (higher)
Talent Scarcity
Intact (higher)
Weakened
Bundling
Intact
Intact

Shaded cells mark the higher score or stronger moat on each row. Valuation and composite use the live price when it is available, the same as each stock page.

Which is the better stock, Palantir or Snowflake?

Palantir edges it, 77 to 76, on moat. Snowflake wins on valuation, but Palantir's lead on moat counts for more. Our rating: Palantir Accumulate, Snowflake Accumulate.

Does Palantir or Snowflake have the wider moat?

Palantir scores 72 on moat to Snowflake's 59. Palantir is rated stronger on proprietary data, regulatory lock-in and business logic. Snowflake is rated stronger on network effects.

Which is growing faster, Palantir or Snowflake?

Both score 92 on growth. We expect Palantir to grow 25–35% a year, Snowflake 28–34%.

Is Palantir or Snowflake cheaper right now?

Snowflake scores 75 on valuation to Palantir's 65. In our base case, Snowflake has more upside: +22% vs −1%.

Scores in the answers use the price each valuation was last struck at; the table above updates with the live price. Not investment advice.