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Cloudflare (NET) Competitors

$78.51
-0.15 (-0.19%)
(As of 12:32 PM ET)

NET vs. SNPS, SHOP, CRWD, CDNS, PLTR, NTES, ADSK, TEAM, SNOW, and SQ

Should you be buying Cloudflare stock or one of its competitors? The main competitors of Cloudflare include Synopsys (SNPS), Shopify (SHOP), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Palantir Technologies (PLTR), NetEase (NTES), Autodesk (ADSK), Atlassian (TEAM), Snowflake (SNOW), and Block (SQ). These companies are all part of the "prepackaged software" industry.

Cloudflare vs.

Cloudflare (NYSE:NET) and Synopsys (NASDAQ:SNPS) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, earnings, community ranking, risk, valuation and dividends.

Cloudflare has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, Synopsys has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500.

82.7% of Cloudflare shares are held by institutional investors. Comparatively, 85.5% of Synopsys shares are held by institutional investors. 12.8% of Cloudflare shares are held by company insiders. Comparatively, 0.7% of Synopsys shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Synopsys received 645 more outperform votes than Cloudflare when rated by MarketBeat users. Likewise, 72.29% of users gave Synopsys an outperform vote while only 49.86% of users gave Cloudflare an outperform vote.

CompanyUnderperformOutperform
CloudflareOutperform Votes
174
49.86%
Underperform Votes
175
50.14%
SynopsysOutperform Votes
819
72.29%
Underperform Votes
314
27.71%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cloudflare$1.30B20.61-$183.95M-$0.53-148.42
Synopsys$6.31B13.67$1.23B$9.2061.21

In the previous week, Cloudflare had 11 more articles in the media than Synopsys. MarketBeat recorded 24 mentions for Cloudflare and 13 mentions for Synopsys. Synopsys' average media sentiment score of 0.63 beat Cloudflare's score of 0.59 indicating that Synopsys is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cloudflare
10 Very Positive mention(s)
6 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Synopsys
6 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Cloudflare presently has a consensus target price of $90.92, suggesting a potential upside of 15.58%. Synopsys has a consensus target price of $627.18, suggesting a potential upside of 11.38%. Given Cloudflare's higher probable upside, equities research analysts plainly believe Cloudflare is more favorable than Synopsys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cloudflare
3 Sell rating(s)
12 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.28
Synopsys
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

Synopsys has a net margin of 23.05% compared to Cloudflare's net margin of -13.10%. Synopsys' return on equity of 22.66% beat Cloudflare's return on equity.

Company Net Margins Return on Equity Return on Assets
Cloudflare-13.10% -12.78% -3.47%
Synopsys 23.05%22.66%14.06%

Summary

Synopsys beats Cloudflare on 12 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NET 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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NET vs. The Competition

MetricCloudflarePrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$26.73B$21.83B$21.08B$18.14B
Dividend YieldN/A2.06%2.66%3.50%
P/E Ratio-148.4245.99204.9121.84
Price / Sales20.618.05562.1914.94
Price / Cash292.4570.0831.2419.86
Price / Book34.819.346.974.81
Net Income-$183.95M$366.08M$615.70M$970.04M
7 Day Performance-5.69%-0.59%1.46%1.56%
1 Month Performance0.92%3.50%5.73%6.31%
1 Year Performance18.16%2.09%13.64%9.24%

Cloudflare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNPS
Synopsys
4.1736 of 5 stars
4.17 / 5 stars
$613.01
-0.5%
$627.18
+2.3%
+24.0%$93.93B$5.84B66.6320,300Positive News
SHOP
Shopify
4.3895 of 5 stars
4.39 / 5 stars
$69.71
+8.6%
$77.03
+10.5%
-3.7%$89.83B$7.06B-410.068,300Analyst Revision
High Trading Volume
CRWD
CrowdStrike
4.6675 of 5 stars
4.67 / 5 stars
$369.05
-2.2%
$382.35
+3.6%
+102.1%$89.81B$3.06B696.337,925Analyst Forecast
News Coverage
Gap Down
CDNS
Cadence Design Systems
4.7679 of 5 stars
4.77 / 5 stars
$311.73
-1.2%
$334.89
+7.4%
+15.3%$84.92B$4.09B81.1811,200Positive News
PLTR
Palantir Technologies
1.9572 of 5 stars
1.96 / 5 stars
$28.67
flat
$21.25
-25.9%
+74.0%$63.85B$2.23B238.943,735Gap Down
NTES
NetEase
4.7337 of 5 stars
4.73 / 5 stars
$92.97
-0.8%
$123.86
+33.2%
-10.6%$59.70B$14.57B14.4129,128Analyst Downgrade
ADSK
Autodesk
4.3879 of 5 stars
4.39 / 5 stars
$253.82
+0.3%
$262.42
+3.4%
+15.5%$54.70B$5.50B54.9414,100Gap Down
TEAM
Atlassian
4.6054 of 5 stars
4.61 / 5 stars
$183.17
+1.8%
$225.06
+22.9%
+1.2%$47.68B$3.53B-290.756,433
SNOW
Snowflake
4.5629 of 5 stars
4.56 / 5 stars
$136.19
+1.8%
$197.31
+44.9%
-26.2%$45.60B$2.81B-48.647,004
SQ
Block
4.3117 of 5 stars
4.31 / 5 stars
$72.07
+0.0%
$87.33
+21.2%
-10.5%$44.47B$21.92B93.6012,985

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This page (NYSE:NET) was last updated on 7/22/2024 by MarketBeat.com Staff

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