SNOW vs. TEAM, ADSK, DDOG, NTES, HUBS, VEEV, NET, CRWD, ANSS, and MDB
Should you be buying Snowflake stock or one of its competitors? The main competitors of Snowflake include Atlassian (TEAM), Autodesk (ADSK), Datadog (DDOG), NetEase (NTES), HubSpot (HUBS), Veeva Systems (VEEV), Cloudflare (NET), CrowdStrike (CRWD), ANSYS (ANSS), and MongoDB (MDB). These companies are all part of the "prepackaged software" industry.
Atlassian (NASDAQ:TEAM) and Snowflake (NYSE:SNOW) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, community ranking, media sentiment, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.
Atlassian has a net margin of -3.90% compared to Atlassian's net margin of -29.79%. Atlassian's return on equity of -13.79% beat Snowflake's return on equity.
Atlassian currently has a consensus price target of $223.22, suggesting a potential upside of 24.39%. Snowflake has a consensus price target of $202.00, suggesting a potential upside of 27.74%. Given Atlassian's stronger consensus rating and higher possible upside, analysts plainly believe Snowflake is more favorable than Atlassian.
In the previous week, Atlassian had 20 more articles in the media than Snowflake. MarketBeat recorded 57 mentions for Atlassian and 37 mentions for Snowflake. Snowflake's average media sentiment score of 0.26 beat Atlassian's score of 0.22 indicating that Atlassian is being referred to more favorably in the media.
93.0% of Atlassian shares are owned by institutional investors. Comparatively, 65.1% of Snowflake shares are owned by institutional investors. 40.5% of Atlassian shares are owned by company insiders. Comparatively, 8.3% of Snowflake shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Atlassian received 446 more outperform votes than Snowflake when rated by MarketBeat users. Likewise, 64.74% of users gave Atlassian an outperform vote while only 45.43% of users gave Snowflake an outperform vote.
Atlassian has a beta of 0.63, meaning that its share price is 37% less volatile than the S&P 500. Comparatively, Snowflake has a beta of 0.91, meaning that its share price is 9% less volatile than the S&P 500.
Atlassian has higher revenue and earnings than Snowflake. Atlassian is trading at a lower price-to-earnings ratio than Snowflake, indicating that it is currently the more affordable of the two stocks.
Summary
Atlassian beats Snowflake on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNOW 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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