TEAM vs. SNOW, ADSK, NTES, DDOG, HUBS, VEEV, CRWD, NET, ANSS, and CDNS
Should you be buying Atlassian stock or one of its competitors? The main competitors of Atlassian include Snowflake (SNOW), Autodesk (ADSK), NetEase (NTES), Datadog (DDOG), HubSpot (HUBS), Veeva Systems (VEEV), CrowdStrike (CRWD), Cloudflare (NET), ANSYS (ANSS), and Cadence Design Systems (CDNS). These companies are all part of the "prepackaged software" industry.
Atlassian (NASDAQ:TEAM) and Snowflake (NYSE:SNOW) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, dividends, earnings, profitability, community ranking, risk and valuation.
Atlassian currently has a consensus target price of $224.25, suggesting a potential upside of 13.02%. Snowflake has a consensus target price of $202.00, suggesting a potential upside of 32.46%. Given Snowflake's stronger consensus rating and higher probable upside, analysts plainly believe Snowflake is more favorable than Atlassian.
Atlassian received 442 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 64.79% of users gave Atlassian an outperform vote while only 45.43% of users gave Snowflake an outperform vote.
In the previous week, Snowflake had 1 more articles in the media than Atlassian. MarketBeat recorded 36 mentions for Snowflake and 35 mentions for Atlassian. Atlassian's average media sentiment score of 0.54 beat Snowflake's score of 0.23 indicating that Atlassian is being referred to more favorably in the media.
Atlassian has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.
Atlassian has higher revenue and earnings than Snowflake. Atlassian is trading at a lower price-to-earnings ratio than Snowflake, indicating that it is currently the more affordable of the two stocks.
Atlassian has a net margin of -9.87% compared to Snowflake's net margin of -29.79%. Snowflake's return on equity of -13.79% beat Atlassian's return on equity.
93.0% of Atlassian shares are held by institutional investors. Comparatively, 65.1% of Snowflake shares are held by institutional investors. 40.5% of Atlassian shares are held by insiders. Comparatively, 8.3% of Snowflake shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Atlassian beats Snowflake 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 TEAM 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 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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