CRWD vs. CDNS, SNPS, NTES, PLTR, SNOW, SHOP, TEAM, ADSK, DDOG, and EA
Should you be buying CrowdStrike stock or one of its competitors? The main competitors of CrowdStrike include Cadence Design Systems (CDNS), Synopsys (SNPS), NetEase (NTES), Palantir Technologies (PLTR), Snowflake (SNOW), Shopify (SHOP), Atlassian (TEAM), Autodesk (ADSK), Datadog (DDOG), and Electronic Arts (EA). These companies are all part of the "prepackaged software" industry.
CrowdStrike (NASDAQ:CRWD) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, community ranking, institutional ownership and earnings.
CrowdStrike has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.06, meaning that its stock price is 6% more volatile than the S&P 500.
In the previous week, CrowdStrike had 28 more articles in the media than Cadence Design Systems. MarketBeat recorded 45 mentions for CrowdStrike and 17 mentions for Cadence Design Systems. Cadence Design Systems' average media sentiment score of 0.76 beat CrowdStrike's score of 0.41 indicating that Cadence Design Systems is being referred to more favorably in the news media.
Cadence Design Systems has a net margin of 25.68% compared to CrowdStrike's net margin of 2.92%. Cadence Design Systems' return on equity of 32.44% beat CrowdStrike's return on equity.
71.2% of CrowdStrike shares are owned by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are owned by institutional investors. 5.7% of CrowdStrike shares are owned by company insiders. Comparatively, 0.6% of Cadence Design Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
CrowdStrike presently has a consensus price target of $371.87, indicating a potential upside of 18.98%. Cadence Design Systems has a consensus price target of $326.11, indicating a potential upside of 14.81%. Given CrowdStrike's stronger consensus rating and higher possible upside, analysts clearly believe CrowdStrike is more favorable than Cadence Design Systems.
Cadence Design Systems has higher revenue and earnings than CrowdStrike. Cadence Design Systems is trading at a lower price-to-earnings ratio than CrowdStrike, indicating that it is currently the more affordable of the two stocks.
Cadence Design Systems received 122 more outperform votes than CrowdStrike when rated by MarketBeat users. Likewise, 71.14% of users gave Cadence Design Systems an outperform vote while only 67.53% of users gave CrowdStrike an outperform vote.
Summary
Cadence Design Systems beats CrowdStrike on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRWD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ 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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