Palantir Is Worth About as Much as Oracle on Less Than a Tenth of Oracle's Revenue
The two software businesses today cost around the same. So which stock's price is harder to live up to?
Overview
On the surface, Palantir (NASDAQ:PLTR) and Oracle (NYSE:ORCL) today have almost the same price tag. As I write, Palantir's market cap is about $447 billion with a share price near $186, while Oracle's is about $425 billion at about $140 a share.
Getting here took a brutal year for Oracle. Its stock has lost about half its value in the past 12 months, while Palantir's shares are up a little in the same stretch.
Details
Under these similar values, though, sit two very different companies. Palantir took in around $6.2 billion in revenue over the last 12 months, less than a tenth of Oracle's $71.8 billion. And it made around $3 billion, versus Oracle's $18.7 billion.
Source
Originally published at www.fool.com.