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Stock Comparison · Industry comparison · Software - Infrastructure

Palantir Technologies vs Toast: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Toast carrying a narrow edge on valuation. Palantir Technologies still leads on growth and stability, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-07-05

Valuation still does most of the heavy lifting in this comparison.

INDUSTRY COMPARISON

Both operate in: Software - Infrastructure

This comparison is based on industry proximity, not on functional trajectory similarity. PLTR and TOST share the same industry classification.

For a similarity-based comparison, see how Palantir Technologies and Toast each position within their functional peer groups in AssetNext.

Peer-Relative Score
PLTR
Palantir Technologies Inc.
57
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
TOST
Toast, Inc.
60
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: PLTR vs TOST Profitability 91 83 Stability 45 31 Valuation 17 56 Growth 76 61 PLTR TOST
Gap Ranking
#1 Valuation +39
#2 Growth +15
#3 Stability +14
#4 Profitability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for PLTR and TOST Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer PLTRTOST Relative valuation Structural strength

Palantir Technologies Inc. looks stronger, but the price setup still looks more supportive for Toast, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where PLTR and TOST each sit in their own 4.8-year price and valuation history.

BASED ON 4.8-YEAR HISTORY PLTR Elevated · above norm 0th 50th 100th 14 pct gap TOST Neutral · above norm 0th 50th 100th 80th 65th
PLTR (80th percentile) and TOST (65th percentile) sit at comparable positions within their own 5-year histories. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
On valuation, Toast, Inc. is positioned higher in the group, while Palantir Technologies Inc. is closer to the middle.
Growth
Both look solid on growth, though Palantir Technologies Inc. still holds the stronger peer position.
Valuation — Dominant Gap
PLTR
17
TOST
56
Gap+39in favour of TOST

The multiple-based pricing edge comes from a forward P/E that is 45 turns lower.

What keeps the gap from being one-sided

Palantir Technologies still pushes back on growth, with a 63-point revenue-growth advantage that keeps the read from becoming one-way.

What this means for the comparison

The main read on valuation is clearer than the broader score gap.

Explore full peer positioning in AssetNext

Break down the PLTR vs TOST comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-driven comparisons

Explore how PLTR and TOST each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.