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Snowflake (SNOW) Competitors

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$166.29 +2.08 (+1.27%)
(As of 12/20/2024 05:45 PM ET)

SNOW vs. PLTR, SHOP, APP, INFY, CRWD, TEAM, TTD, NTES, DDOG, and EA

Should you be buying Snowflake stock or one of its competitors? The main competitors of Snowflake include Palantir Technologies (PLTR), Shopify (SHOP), AppLovin (APP), Infosys (INFY), CrowdStrike (CRWD), Atlassian (TEAM), Trade Desk (TTD), NetEase (NTES), Datadog (DDOG), and Electronic Arts (EA). These companies are all part of the "computer software" industry.

Snowflake vs.

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

Snowflake received 149 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 49.68% of users gave Snowflake an outperform vote while only 41.79% of users gave Palantir Technologies an outperform vote.

CompanyUnderperformOutperform
Palantir TechnologiesOutperform Votes
84
41.79%
Underperform Votes
117
58.21%
SnowflakeOutperform Votes
233
49.68%
Underperform Votes
236
50.32%

Palantir Technologies has a beta of 2.87, indicating that its stock price is 187% more volatile than the S&P 500. Comparatively, Snowflake has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500.

Palantir Technologies presently has a consensus target price of $41.00, indicating a potential downside of 49.10%. Snowflake has a consensus target price of $184.46, indicating a potential upside of 10.92%. Given Snowflake's stronger consensus rating and higher possible upside, analysts clearly believe Snowflake is more favorable than Palantir Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Palantir Technologies
6 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.79
Snowflake
1 Sell rating(s)
11 Hold rating(s)
26 Buy rating(s)
0 Strong Buy rating(s)
2.66

In the previous week, Palantir Technologies had 33 more articles in the media than Snowflake. MarketBeat recorded 79 mentions for Palantir Technologies and 46 mentions for Snowflake. Palantir Technologies' average media sentiment score of 0.66 beat Snowflake's score of 0.50 indicating that Palantir Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Palantir Technologies
37 Very Positive mention(s)
12 Positive mention(s)
19 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Positive
Snowflake
15 Very Positive mention(s)
5 Positive mention(s)
18 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Palantir Technologies$2.65B69.34$209.82M$0.20402.75
Snowflake$3.41B16.08-$836.10M-$3.39-49.05

45.7% of Palantir Technologies shares are held by institutional investors. Comparatively, 65.1% of Snowflake shares are held by institutional investors. 12.9% of Palantir Technologies shares are held by insiders. Comparatively, 7.8% of Snowflake shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Palantir Technologies has a net margin of 18.01% compared to Snowflake's net margin of -33.02%. Palantir Technologies' return on equity of 9.94% beat Snowflake's return on equity.

Company Net Margins Return on Equity Return on Assets
Palantir Technologies18.01% 9.94% 7.91%
Snowflake -33.02%-24.23%-13.30%

Summary

Palantir Technologies beats Snowflake on 11 of the 18 factors compared between the two stocks.

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.
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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$54.89B$25.38B$25.69B$19.18B
Dividend YieldN/A2.26%2.77%3.59%
P/E Ratio-49.0597.61241.2441.28
Price / Sales16.0824.753,316.0417.59
Price / CashN/A91.3335.6621.28
Price / Book18.7112.918.075.32
Net Income-$836.10M$448.65M$678.74M$989.88M
7 Day Performance-0.82%0.42%0.43%-3.56%
1 Month Performance-2.78%10.49%6.97%-3.70%
1 Year Performance-15.49%26.33%23.03%12.12%

Snowflake Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNOW
Snowflake
4.2714 of 5 stars
$166.29
+1.3%
$184.46
+10.9%
-14.4%$54.89B$3.41B-49.057,004Analyst Forecast
Insider Trade
PLTR
Palantir Technologies
N/A$73.93
-2.8%
$38.40
-48.1%
N/A$168.41B$2.23B364.973,735Analyst Forecast
Gap Down
SHOP
Shopify
4.3694 of 5 stars
$116.76
+1.9%
$99.03
-15.2%
+44.5%$150.87B$7.06B107.138,300
APP
AppLovin
3.0632 of 5 stars
$345.57
+6.5%
$296.40
-14.2%
+691.2%$115.97B$4.29B103.051,745
INFY
Infosys
1.8805 of 5 stars
$23.56
+0.7%
$20.85
-11.5%
+23.4%$97.58B$18.84B30.00317,240
CRWD
CrowdStrike
4.1538 of 5 stars
$382.36
+3.9%
$358.00
-6.4%
+42.7%$94.18B$3.74B721.617,925Analyst Forecast
TEAM
Atlassian
4.103 of 5 stars
$277.83
-0.3%
$256.50
-7.7%
+8.3%$72.36B$4.36B-183.3212,157Analyst Forecast
Insider Trade
TTD
Trade Desk
3.6843 of 5 stars
$132.57
+0.1%
$124.94
-5.8%
+65.6%$65.43B$1.95B217.083,115Analyst Forecast
NTES
NetEase
4.5689 of 5 stars
$93.46
-2.1%
$107.29
+14.8%
-9.8%$60.02B$105.69B16.1229,128Positive News
Gap Down
DDOG
Datadog
3.9708 of 5 stars
$155.82
+1.8%
$155.07
-0.5%
+23.9%$52.94B$2.54B288.745,200Analyst Forecast
Insider Trade
EA
Electronic Arts
4.8021 of 5 stars
$156.16
-0.9%
$165.37
+5.9%
+8.2%$40.96B$7.41B40.1813,700Analyst Forecast
Insider Trade

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This page (NYSE:SNOW) was last updated on 12/21/2024 by MarketBeat.com Staff
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