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Snowflake (SNOW) Competitors

$150.75
-5.41 (-3.46%)
(As of 05/28/2024 ET)

SNOW vs. ADSK, TEAM, NTES, DDOG, SHOP, VEEV, HUBS, CDNS, MSTR, and ANSS

Should you be buying Snowflake stock or one of its competitors? The main competitors of Snowflake include Autodesk (ADSK), Atlassian (TEAM), NetEase (NTES), Datadog (DDOG), Shopify (SHOP), Veeva Systems (VEEV), HubSpot (HUBS), Cadence Design Systems (CDNS), MicroStrategy (MSTR), and ANSYS (ANSS). These companies are all part of the "prepackaged software" industry.

Snowflake vs.

Autodesk (NASDAQ:ADSK) and Snowflake (NYSE:SNOW) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.

Autodesk has a beta of 1.45, suggesting that its share price is 45% more volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500.

Autodesk has a net margin of 16.48% compared to Autodesk's net margin of -30.80%. Snowflake's return on equity of 75.01% beat Autodesk's return on equity.

Company Net Margins Return on Equity Return on Assets
Autodesk16.48% 75.01% 10.94%
Snowflake -30.80%-15.54%-10.43%

Autodesk presently has a consensus price target of $270.17, indicating a potential upside of 28.38%. Snowflake has a consensus price target of $200.64, indicating a potential upside of 33.09%. Given Autodesk's stronger consensus rating and higher possible upside, analysts plainly believe Snowflake is more favorable than Autodesk.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Autodesk
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.41
Snowflake
2 Sell rating(s)
8 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.66

90.2% of Autodesk shares are owned by institutional investors. Comparatively, 65.1% of Snowflake shares are owned by institutional investors. 0.1% of Autodesk shares are owned by insiders. Comparatively, 7.8% of Snowflake shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Snowflake had 77 more articles in the media than Autodesk. MarketBeat recorded 105 mentions for Snowflake and 28 mentions for Autodesk. Snowflake's average media sentiment score of 0.40 beat Autodesk's score of 0.23 indicating that Autodesk is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Autodesk
8 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral
Snowflake
23 Very Positive mention(s)
14 Positive mention(s)
28 Neutral mention(s)
18 Negative mention(s)
3 Very Negative mention(s)
Neutral

Autodesk has higher revenue and earnings than Snowflake. Snowflake is trading at a lower price-to-earnings ratio than Autodesk, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Autodesk$5.50B8.25$906M$4.2149.99
Snowflake$2.81B17.95-$836.10M-$2.80-53.84

Autodesk received 1032 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 69.41% of users gave Autodesk an outperform vote while only 46.46% of users gave Snowflake an outperform vote.

CompanyUnderperformOutperform
AutodeskOutperform Votes
1216
69.41%
Underperform Votes
536
30.59%
SnowflakeOutperform Votes
184
46.46%
Underperform Votes
212
53.54%

Summary

Autodesk beats Snowflake on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SNOW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SNOW vs. The Competition

MetricSnowflakePrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$51.01B$21.85B$20.69B$17.72B
Dividend YieldN/A1.79%2.72%3.53%
P/E Ratio-54.5156.17228.3822.62
Price / Sales18.188.39539.3110.26
Price / CashN/A70.0929.0915.70
Price / Book9.839.927.035.10
Net Income-$836.10M$362.45M$612.84M$974.28M
7 Day Performance-6.17%-2.17%-0.35%-1.14%
1 Month Performance-3.48%-1.46%3.21%4.77%
1 Year Performance1.75%10.60%28.21%23.90%

Snowflake Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ADSK
Autodesk
4.8553 of 5 stars
$220.28
-0.5%
$273.83
+24.3%
+8.0%$47.47B$5.50B52.3213,700Upcoming Earnings
Short Interest ↑
TEAM
Atlassian
4.3695 of 5 stars
$178.05
-1.0%
$223.22
+25.4%
+1.6%$46.35B$3.53B-282.626,433
NTES
NetEase
4.9443 of 5 stars
$98.90
-5.6%
$126.00
+27.4%
+1.1%$63.76B$14.57B15.6229,128Earnings Report
Dividend Cut
Gap Down
DDOG
Datadog
4.7404 of 5 stars
$122.33
+0.9%
$135.58
+10.8%
+32.7%$40.92B$2.13B382.285,200Positive News
SHOP
Shopify
4.5317 of 5 stars
$57.03
-3.2%
$76.86
+34.8%
-3.9%$73.49B$7.06B-335.478,300Analyst Forecast
Short Interest ↑
VEEV
Veeva Systems
4.6595 of 5 stars
$209.24
-0.3%
$234.90
+12.3%
+23.2%$33.75B$2.36B64.987,172Upcoming Earnings
HUBS
HubSpot
3.3349 of 5 stars
$610.97
-1.5%
$640.04
+4.8%
+18.9%$31.14B$2.17B-230.557,663Short Interest ↑
CDNS
Cadence Design Systems
4.6774 of 5 stars
$290.10
-0.8%
$326.11
+12.4%
+28.9%$78.94B$4.09B75.5511,200Short Interest ↑
Positive News
MSTR
MicroStrategy
2.3255 of 5 stars
$1,655.42
-4.2%
$1,678.75
+1.4%
+491.0%$29.37B$496.26M-247.081,934Gap Down
ANSS
ANSYS
3.7875 of 5 stars
$326.79
-0.5%
$320.00
-2.1%
+3.7%$28.53B$2.27B65.626,200Analyst Forecast
Positive News

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This page (NYSE:SNOW) was last updated on 5/28/2024 by MarketBeat.com Staff

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