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Snowflake (SNOW) Competitors

Snowflake logo
$129.12 -1.12 (-0.86%)
(As of 11/20/2024 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 (NYSE:PLTR) and Snowflake (NYSE:SNOW) are both large-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, risk, earnings, dividends, valuation, analyst recommendations, community ranking, institutional ownership and media sentiment.

In the previous week, Palantir Technologies had 55 more articles in the media than Snowflake. MarketBeat recorded 105 mentions for Palantir Technologies and 50 mentions for Snowflake. Palantir Technologies' average media sentiment score of 0.79 beat Snowflake's score of 0.64 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
62 Very Positive mention(s)
5 Positive mention(s)
27 Neutral mention(s)
7 Negative mention(s)
0 Very Negative mention(s)
Positive
Snowflake
21 Very Positive mention(s)
5 Positive mention(s)
21 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Snowflake received 134 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 48.42% of users gave Snowflake an outperform vote while only 42.19% of users gave Palantir Technologies an outperform vote.

CompanyUnderperformOutperform
Palantir TechnologiesOutperform Votes
81
42.19%
Underperform Votes
111
57.81%
SnowflakeOutperform Votes
215
48.42%
Underperform Votes
229
51.58%

Palantir Technologies has a net margin of 18.01% compared to Snowflake's net margin of -31.73%. 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 -31.73%-19.62%-12.43%

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$2.23B63.59$209.82M$0.20310.57
Snowflake$2.81B15.42-$836.10M-$3.06-42.20

Palantir Technologies has a beta of 2.7, suggesting that its stock price is 170% more volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500.

Palantir Technologies presently has a consensus price target of $31.71, indicating a potential downside of 48.94%. Snowflake has a consensus price target of $171.59, indicating a potential upside of 32.89%. 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)
8 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.75
Snowflake
1 Sell rating(s)
11 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.65

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

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$43.66B$25.36B$23.95B$19.84B
Dividend YieldN/A2.30%2.76%3.50%
P/E Ratio-42.2067.59230.0737.73
Price / Sales15.427.973,397.6518.01
Price / CashN/A87.6032.7517.90
Price / Book8.329.597.044.86
Net Income-$836.10M$444.73M$659.54M$985.93M
7 Day Performance-0.05%-0.07%0.19%0.45%
1 Month Performance7.98%4.17%0.77%1.05%
1 Year Performance-22.55%23.90%18.75%24.67%

Snowflake Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNOW
Snowflake
4.7444 of 5 stars
$129.12
-0.9%
$171.59
+32.9%
-22.6%$43.66B$2.81B-42.207,004Analyst Forecast
News Coverage
High Trading Volume
PLTR
Palantir Technologies
3.2663 of 5 stars
$62.11
-1.4%
$31.71
-48.9%
+191.0%$143.47B$2.23B310.573,735Insider Trade
SHOP
Shopify
4.4219 of 5 stars
$103.97
-0.6%
$94.95
-8.7%
+49.6%$134.96B$7.06B97.178,300Positive News
APP
AppLovin
3.4824 of 5 stars
$325.22
+1.3%
$222.96
-31.4%
+723.3%$109.14B$4.29B98.551,745Analyst Forecast
Gap Up
INFY
Infosys
2.2162 of 5 stars
$22.00
+1.2%
$20.85
-5.2%
+25.4%$90.00B$18.56B28.20317,240Analyst Downgrade
CRWD
CrowdStrike
4.5841 of 5 stars
$350.15
-0.9%
$333.82
-4.7%
+68.6%$85.83B$3.06B507.467,925Upcoming Earnings
Analyst Forecast
Positive News
TEAM
Atlassian
4.1398 of 5 stars
$245.45
-0.9%
$244.21
-0.5%
+31.9%$64.52B$4.36B0.0012,157Insider Trade
TTD
Trade Desk
3.348 of 5 stars
$123.90
+3.8%
$122.65
-1.0%
+84.1%$58.94B$1.95B203.113,115Gap Up
NTES
NetEase
4.4756 of 5 stars
$87.53
+2.2%
$107.29
+22.6%
-26.1%$55.02B$14.57B14.7929,128Dividend Announcement
DDOG
Datadog
4.7404 of 5 stars
$135.45
+1.5%
$150.96
+11.5%
+21.2%$46.02B$2.13B255.575,200Analyst Forecast
Insider Trade
EA
Electronic Arts
4.2945 of 5 stars
$166.71
+0.3%
$165.37
-0.8%
+23.1%$43.72B$7.56B42.8613,700Insider Trade

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This page (NYSE:SNOW) was last updated on 11/21/2024 by MarketBeat.com Staff
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