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 (NYSE:SNOW) and Autodesk (NASDAQ:ADSK) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, media sentiment, valuation, earnings, analyst recommendations, dividends, institutional ownership, community ranking and risk.
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.
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.
Snowflake presently has a consensus price target of $200.64, indicating a potential upside of 28.48%. Autodesk has a consensus price target of $270.17, indicating a potential upside of 25.72%. Given Snowflake's stronger consensus rating and higher possible upside, equities research analysts plainly believe Snowflake is more favorable than Autodesk.
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. Autodesk's average media sentiment score of 0.34 beat Snowflake's score of 0.23 indicating that Autodesk is being referred to more favorably in the news media.
Snowflake has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500. Comparatively, Autodesk has a beta of 1.45, indicating that its stock price is 45% more volatile than the S&P 500.
Autodesk has a net margin of 16.48% compared to Snowflake's net margin of -30.80%. Autodesk's return on equity of 75.01% beat Snowflake's return on equity.
65.1% of Snowflake shares are owned by institutional investors. Comparatively, 90.2% of Autodesk shares are owned by institutional investors. 7.8% of Snowflake shares are owned by insiders. Comparatively, 0.1% of Autodesk shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
Autodesk beats Snowflake on 12 of the 18 factors compared between the two stocks.
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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.
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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