Incyte Corporation vs Palantir Technologies Inc — how do they compare? Incyte Corporation trades at $120.45 (market cap $24.54B), while Palantir Technologies Inc trades at $172.06 (market cap $420.39B). The key difference: Palantir Technologies Inc is far larger — about 17.1× Incyte Corporation's market cap, and Incyte Corporation is trading nearer its 52-week high, Palantir Technologies Inc nearer its low. Which is the better fit depends on your goals.
| INCY | PLTR | |
|---|---|---|
Market Cap | $24.54B | $420.39B |
Sector | Health | Technology |
52-Week High | $129.93 | $207.18 |
52-Week Low | $81.61 | $107.27 |
Enterprise Value | $20.04B | $411.19B |
Trailing returns across standard periods
Latest headlines on both assets
Incyte focuses on the discovery and development of small-molecule drugs. The firm's lead drug, Jakafi, treats two types of rare blood cancer and graft versus host disease and is partnered with Novartis. Incyte's other marketed drugs include rheumatoid arthritis treatment Olumiant (licensed to Lilly), and oncology drugs Iclusig (chronic myeloid leukemia), Pemazyre (cholangiocarcinoma), Tabrecta (lung cancer), and Monjuvi (diffuse large B-cell lymphoma). The firm's first dermatology product, Opzelura, was approved in 2021 for atopic dermatitis. Incyte's pipeline includes a broad array of oncology and dermatology programs.
Read more on INCY →Palantir Technologies provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes. Founded in 2003, Palantir released its Gotham software platform in 2008, which focuses on the government intelligence and defense sectors. Palantir expanded into various commercial markets with its Foundry software platform in 2016 with the intent of becoming the data operating system for companies and industries. The Denver company had 125 customers as of its initial public offering and roughly splits its revenue between commercial and government customers.
Read more on PLTR →