AI vs. PRGS, CVLT, QLYS, APPN, RPD, SPT, QTWO, PYCR, AVDX, and ALKT
Should you be buying C3.ai stock or one of its competitors? The main competitors of C3.ai include Progress Software (PRGS), Commvault Systems (CVLT), Qualys (QLYS), Appian (APPN), Rapid7 (RPD), Sprout Social (SPT), Q2 (QTWO), Paycor HCM (PYCR), AvidXchange (AVDX), and Alkami Technology (ALKT). These companies are all part of the "prepackaged software" industry.
Progress Software (NASDAQ:PRGS) and C3.ai (NYSE:AI) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, community ranking, earnings, profitability, dividends, media sentiment and analyst recommendations.
Progress Software currently has a consensus target price of $64.60, indicating a potential upside of 27.90%. C3.ai has a consensus target price of $31.50, indicating a potential upside of 30.98%. Given Progress Software's higher possible upside, analysts plainly believe C3.ai is more favorable than Progress Software.
Progress Software received 73 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.75% of users gave Progress Software an outperform vote while only 51.62% of users gave C3.ai an outperform vote.
Progress Software has a net margin of 9.67% compared to Progress Software's net margin of -95.21%. C3.ai's return on equity of 36.62% beat Progress Software's return on equity.
Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.
39.0% of C3.ai shares are owned by institutional investors. 3.4% of Progress Software shares are owned by insiders. Comparatively, 34.0% of C3.ai shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
In the previous week, Progress Software had 4 more articles in the media than C3.ai. MarketBeat recorded 8 mentions for Progress Software and 4 mentions for C3.ai. C3.ai's average media sentiment score of 0.47 beat Progress Software's score of 0.14 indicating that Progress Software is being referred to more favorably in the media.
Progress Software has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.74, suggesting that its stock price is 74% more volatile than the S&P 500.
Summary
Progress Software beats C3.ai on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AI 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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