AI vs. PRGS, CVLT, QLYS, APPN, RPD, SPT, AVDX, ALKT, PYCR, and QTWO
Should you be buying C3.ai stock or one of its competitors? The main competitors of C3.ai include Progress Software (PRGS), Commvault Systems (CVLT), Qualys (QLYS), Appian (APPN), Rapid7 (RPD), Sprout Social (SPT), AvidXchange (AVDX), Alkami Technology (ALKT), Paycor HCM (PYCR), and Q2 (QTWO). These companies are all part of the "prepackaged software" industry.
Progress Software (NASDAQ:PRGS) and C3.ai (NYSE:AI) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, community ranking, institutional ownership, media sentiment, earnings, dividends, profitability, valuation and risk.
39.0% of C3.ai shares are held by institutional investors. 3.4% of Progress Software shares are held by insiders. Comparatively, 34.0% of C3.ai shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Progress Software currently has a consensus price target of $64.60, indicating a potential upside of 28.33%. C3.ai has a consensus price target of $31.50, indicating a potential upside of 37.98%. Given Progress Software's higher probable upside, analysts clearly believe C3.ai is more favorable than Progress Software.
Progress Software received 73 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.75% of users gave Progress Software an outperform vote while only 51.62% of users gave C3.ai an outperform vote.
Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.
Progress Software has a net margin of 9.67% compared to Progress Software's net margin of -95.21%. C3.ai's return on equity of 36.62% beat Progress Software's return on equity.
In the previous week, C3.ai had 8 more articles in the media than Progress Software. MarketBeat recorded 12 mentions for C3.ai and 4 mentions for Progress Software. C3.ai's average media sentiment score of 0.73 beat Progress Software's score of 0.46 indicating that Progress Software is being referred to more favorably in the media.
Progress Software has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.7, suggesting that its stock price is 70% more volatile than the S&P 500.
Summary
Progress Software beats C3.ai on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AI 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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