CFLT vs. VEEV, ZS, BIDU, GDDY, IOT, ZM, PTC, SRAD, SNAP, and PINS
Should you be buying Confluent stock or one of its competitors? The main competitors of Confluent include Veeva Systems (VEEV), Zscaler (ZS), Baidu (BIDU), GoDaddy (GDDY), Samsara (IOT), Zoom Video Communications (ZM), PTC (PTC), Sportradar Group (SRAD), Snap (SNAP), and Pinterest (PINS). These companies are all part of the "computer software" industry.
Confluent vs.
Veeva Systems (NYSE:VEEV) and Confluent (NASDAQ:CFLT) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment, earnings and community ranking.
In the previous week, Veeva Systems had 4 more articles in the media than Confluent. MarketBeat recorded 24 mentions for Veeva Systems and 20 mentions for Confluent. Confluent's average media sentiment score of 0.79 beat Veeva Systems' score of 0.66 indicating that Confluent is being referred to more favorably in the news media.
Veeva Systems presently has a consensus target price of $255.74, indicating a potential upside of 18.03%. Confluent has a consensus target price of $32.37, indicating a potential upside of 21.24%. Given Confluent's stronger consensus rating and higher probable upside, analysts clearly believe Confluent is more favorable than Veeva Systems.
Veeva Systems has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, Confluent has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500.
88.2% of Veeva Systems shares are owned by institutional investors. Comparatively, 78.1% of Confluent shares are owned by institutional investors. 10.5% of Veeva Systems shares are owned by company insiders. Comparatively, 13.8% of Confluent shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Veeva Systems received 616 more outperform votes than Confluent when rated by MarketBeat users. Likewise, 69.53% of users gave Veeva Systems an outperform vote while only 52.61% of users gave Confluent an outperform vote.
Veeva Systems has higher revenue and earnings than Confluent. Confluent is trading at a lower price-to-earnings ratio than Veeva Systems, indicating that it is currently the more affordable of the two stocks.
Veeva Systems has a net margin of 25.07% compared to Confluent's net margin of -38.35%. Veeva Systems' return on equity of 13.56% beat Confluent's return on equity.
Summary
Veeva Systems beats Confluent on 12 of the 19 factors compared between the two stocks.
Get Confluent News Delivered to You Automatically
Sign up to receive the latest news and ratings for CFLT and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
Confluent Competitors List
Related Companies and Tools
This page (NASDAQ:CFLT) was last updated on 1/18/2025 by MarketBeat.com Staff
