NET vs. SNPS, CRWD, CDNS, SHOP, NTES, SNOW, PLTR, ADSK, TEAM, and DDOG
Should you be buying Cloudflare stock or one of its competitors? The main competitors of Cloudflare include Synopsys (SNPS), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Shopify (SHOP), NetEase (NTES), Snowflake (SNOW), Palantir Technologies (PLTR), Autodesk (ADSK), Atlassian (TEAM), and Datadog (DDOG). These companies are all part of the "prepackaged software" industry.
Synopsys (NASDAQ:SNPS) and Cloudflare (NYSE:NET) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.
In the previous week, Synopsys had 18 more articles in the media than Cloudflare. MarketBeat recorded 32 mentions for Synopsys and 14 mentions for Cloudflare. Synopsys' average media sentiment score of 0.68 beat Cloudflare's score of 0.52 indicating that Cloudflare is being referred to more favorably in the news media.
85.5% of Synopsys shares are held by institutional investors. Comparatively, 82.7% of Cloudflare shares are held by institutional investors. 0.7% of Synopsys shares are held by company insiders. Comparatively, 12.8% of Cloudflare shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Synopsys presently has a consensus price target of $616.18, indicating a potential upside of 9.11%. Cloudflare has a consensus price target of $91.87, indicating a potential upside of 35.14%. Given Synopsys' higher probable upside, analysts plainly believe Cloudflare is more favorable than Synopsys.
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.
Synopsys has a net margin of 23.05% compared to Synopsys' net margin of -13.10%. Cloudflare's return on equity of 22.66% beat Synopsys' return on equity.
Synopsys received 644 more outperform votes than Cloudflare when rated by MarketBeat users. Likewise, 72.21% of users gave Synopsys an outperform vote while only 51.04% of users gave Cloudflare an outperform vote.
Synopsys has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500. Comparatively, Cloudflare has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500.
Summary
Synopsys beats Cloudflare on 12 of the 17 factors compared between the two stocks.
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.
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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