SNOW vs. TEAM, ADSK, DDOG, NTES, HUBS, VEEV, NET, CRWD, ANSS, and MDB
Should you be buying Snowflake stock or one of its competitors? The main competitors of Snowflake include Atlassian (TEAM), Autodesk (ADSK), Datadog (DDOG), NetEase (NTES), HubSpot (HUBS), Veeva Systems (VEEV), Cloudflare (NET), CrowdStrike (CRWD), ANSYS (ANSS), and MongoDB (MDB). 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 compare the two businesses based on the strength of their community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.
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.
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 company is poised for long-term growth.
In the previous week, Snowflake had 9 more articles in the media than Atlassian. MarketBeat recorded 30 mentions for Snowflake and 21 mentions for Atlassian. Snowflake's average media sentiment score of 0.52 beat Atlassian's score of 0.27 indicating that Atlassian is being referred to more favorably in the media.
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 presently has a consensus target price of $224.25, suggesting a potential upside of 12.44%. Snowflake has a consensus target price of $202.00, suggesting a potential upside of 33.62%. Given Atlassian's stronger consensus rating and higher possible upside, analysts plainly believe Snowflake is more favorable than Atlassian.
Atlassian has a net margin of -9.87% compared to Atlassian's net margin of -29.79%. Atlassian's return on equity of -13.79% beat Snowflake's return on equity.
Atlassian has a beta of 0.63, suggesting that its share price is 37% less volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500.
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 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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