Should You Forget Palantir and Buy These 2 Under-the-Radar AI Stocks Instead?

By Geoffrey Seiler – Mar 29, 2026 at 11:15PM ESTKey PointsPalantir is hitting on all cylinders, but the stock is very pricey.UiPath and ServiceNow both have huge opportunities in AI agent orchestration.Palantir Technologies (PLTR 3.05%) has been one of the most impressive growth stories in the market over the past few years. Its revenue growth has accelerated for 10 straight quarters, as commercial customers flocked to its artificial intelligence (AI) platform, which essentially acts as an AI operating system. While Palantir is a premier AI company, the stock comes with an absurd valuation, trading at a forward price-to-sales (P/S) ratio of 47. That type of multiple leaves little upside potential over the medium term, which is why these two more under-the-radar stocks involved in agentic AI orchestration look like better buys. 1. UiPath UiPath (PATH 3.17%) is in the middle of transitioning from a pure play in robotic process automation (RPA) into an agentic AI orchestration platform with its Maestro platform. The thing that really helps differentiate the company is that Maestro can manage both software bots and third-party AI agents. Given that software bots can automate simple repetitive rule-based tasks at a fraction of the cost of AI agents, this can help save customers money and is a strong selling point. ExpandNYSE: PATHUiPathToday's Change(-3.17%) $-0.35Current Price$10.69Key Data PointsMarket Cap$5.6BDay's Range$10.52 - $11.0052wk Range$9.38 - $19.84Volume20MAvg Vol34MGross Margin82.98% Meanwhile, its RPA background, which gives it strong governance and compliance guardrails, is an ideal starting point for an agentic AI platform. The company is only at the beginning of its AI agent opportunity, but it is showing early signs of momentum, with its new annual recurring revenue (ARR) growth accelerating last quarter after years of deceleration. Trading at a forward P/S multiple of 3 and a forward price-to-earnings (P/E) multiple of 13, the stock is cheap. Image source: Getty Images. 2. ServiceNow While ServiceNow (NOW 3.94%) itself may not be under the radar, I think its AI agent orchestration opportunity is. The software-as-a-service (SaaS) company is a leader in IT workflow and automation, and tends to be tightly integrated into its customers' data and workflows. Its platform doesn't just sit on top of data, it sits on top of other important software tools to help orchestrate tasks across them. Meanwhile, its configuration management database (CMDB) is often the single source of truth for an organization's entire technical infrastructure. ExpandNYSE: NOWServiceNowToday's Change(-3.94%) $-4.08Current Price$99.56Key Data PointsMarket Cap$104BDay's Range$98.37 - $102.6652wk Range$98.00 - $211.48Volume749KAvg Vol18MGross Margin77.53% That positions ServiceNow as a prime candidate to be an AI agent orchestration layer. The company has recently launched AI Control Tower just for this purpose, while its recent acquisitions of Armis and Veza will add important additional security components to its offering. Armis will provide an asset visibility layer, while Veza brings rights permissions. This has the potential to be a big growth driver for the company. Meanwhile, the stock is attractively valued, trading at a forward P/S multiple below 6.5 and a forward P/E under 24 while the company is growing its revenue at a 20% clip. Read NextMar 25, 2026 •By Geoffrey Seiler3 Under-$50 Tech Stocks That Could Double Before Year-EndMar 16, 2026 •By David Jagielski, CPAThis Artificial Intelligence (AI) Stock Is Down Around 30% This Year.

Could It Be a Steal of a Deal?Mar 16, 2026 •By Geoffrey SeilerIs It Time to Buy UiPath With the Stock Beaten Down?Mar 12, 2026 •By Josh Kohn-LindquistStock Market Today, March 12: UiPath Shares Drop After Slower Growth Outlook Offsets First Full-Year ProfitMar 12, 2026 •By Motley Fool TranscribingUiPath (PATH) Q4 2026 Earnings Call TranscriptMar 9, 2026 •By Matt DiLallo8 Best Robotics Stocks to Buy in 2026About the AuthorGeoffrey Seiler is a contributing Motley Fool stock market analyst covering technology, consumer goods, healthcare, energy, and materials stocks. Prior to The Motley Fool, Geoffrey was a senior equity analyst at Raging Capital Management, a $600 million long-short hedge fund. He holds a bachelor’s degree in history from Haverford College.TMFFindProfitStocks MentionedUiPathNYSE: PATH$10.69(-3.17%)-$0.35ServiceNowNYSE: NOW$99.41(-4.08%)-$4.23*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.