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Snowflake (SNOW) Competitors

$131.21
-0.83 (-0.63%)
(As of 06/7/2024 08:52 PM ET)

SNOW vs. INTU, NOW, SNPS, SHOP, CDNS, CRWD, NTES, PLTR, ADSK, and TEAM

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

Snowflake vs.

Snowflake (NYSE:SNOW) and Intuit (NASDAQ:INTU) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends, earnings, risk and community ranking.

Snowflake has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, Intuit has a beta of 1.21, indicating that its stock price is 21% more volatile than the S&P 500.

Snowflake currently has a consensus price target of $198.92, indicating a potential upside of 51.60%. Intuit has a consensus price target of $679.41, indicating a potential upside of 18.38%. Given Snowflake's higher possible upside, analysts clearly believe Snowflake is more favorable than Intuit.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Snowflake
2 Sell rating(s)
8 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.66
Intuit
0 Sell rating(s)
4 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.82

Intuit has a net margin of 19.43% compared to Snowflake's net margin of -30.80%. Intuit's return on equity of 18.61% beat Snowflake's return on equity.

Company Net Margins Return on Equity Return on Assets
Snowflake-30.80% -15.99% -10.55%
Intuit 19.43%18.61%11.07%

65.1% of Snowflake shares are held by institutional investors. Comparatively, 83.7% of Intuit shares are held by institutional investors. 7.8% of Snowflake shares are held by insiders. Comparatively, 2.9% of Intuit shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Intuit received 889 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 68.75% of users gave Intuit an outperform vote while only 47.28% of users gave Snowflake an outperform vote.

CompanyUnderperformOutperform
SnowflakeOutperform Votes
191
47.28%
Underperform Votes
213
52.72%
IntuitOutperform Votes
1080
68.75%
Underperform Votes
491
31.25%

In the previous week, Snowflake had 56 more articles in the media than Intuit. MarketBeat recorded 68 mentions for Snowflake and 12 mentions for Intuit. Intuit's average media sentiment score of 1.14 beat Snowflake's score of 0.36 indicating that Intuit is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Snowflake
15 Very Positive mention(s)
8 Positive mention(s)
36 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Intuit
8 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Snowflake$2.81B15.65-$836.10M-$2.80-46.86
Intuit$14.37B11.17$2.38B$10.8452.94

Summary

Intuit beats Snowflake on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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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SNOW vs. The Competition

MetricSnowflakePrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$43.85B$22.15B$22.45B$17.91B
Dividend YieldN/A2.05%2.74%3.56%
P/E Ratio-46.8667.72233.3024.53
Price / Sales15.627.90542.9914.20
Price / CashN/A67.0931.0019.35
Price / Book9.609.526.874.99
Net Income-$836.10M$363.36M$635.47M$975.94M
7 Day Performance-3.65%0.29%-0.19%-1.87%
1 Month Performance-15.81%-4.77%0.19%-1.65%
1 Year Performance-23.14%4.25%12.71%9.19%

Snowflake Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INTU
Intuit
4.9785 of 5 stars
$572.06
+0.9%
$679.41
+18.8%
+33.0%$159.92B$14.37B52.7718,200Positive News
NOW
ServiceNow
4.6989 of 5 stars
$671.84
+1.8%
$814.48
+21.2%
+30.8%$137.73B$8.97B71.8522,668Insider Selling
SNPS
Synopsys
4.6763 of 5 stars
$561.73
+0.1%
$616.18
+9.7%
+30.2%$86.07B$5.84B61.0620,300Positive News
SHOP
Shopify
3.8728 of 5 stars
$60.69
+1.6%
$77.06
+27.0%
+0.4%$78.20B$7.06B-356.978,300
CDNS
Cadence Design Systems
4.7498 of 5 stars
$287.13
+0.3%
$331.11
+15.3%
+28.4%$78.14B$4.09B74.7711,200Positive News
CRWD
CrowdStrike
4.4369 of 5 stars
$305.58
-1.0%
$373.95
+22.4%
+133.5%$73.91B$3.06B848.867,925Analyst Revision
High Trading Volume
NTES
NetEase
4.9086 of 5 stars
$88.68
+0.4%
$125.71
+41.8%
+1.7%$56.95B$14.57B13.7529,128Positive News
PLTR
Palantir Technologies
1.7007 of 5 stars
$22.10
+3.7%
$20.65
-6.5%
+55.3%$49.21B$2.23B184.183,735Gap Down
ADSK
Autodesk
4.5885 of 5 stars
$212.00
+0.6%
$271.16
+27.9%
+7.3%$45.68B$5.50B50.3613,700Upcoming Earnings
TEAM
Atlassian
4.3808 of 5 stars
$157.94
-0.9%
$223.22
+41.3%
-5.0%$41.11B$3.53B-250.706,433Analyst Upgrade

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This page (NYSE:SNOW) was last updated on 6/10/2024 by MarketBeat.com Staff

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