DigitalOcean Holdings Inc vs Snowflake Inc — how do they compare? DigitalOcean Holdings Inc trades at $123.33 (market cap $14.21B), while Snowflake Inc trades at $332.7 (market cap $116.01B). The key difference: Snowflake Inc is far larger — about 8.2× DigitalOcean Holdings Inc's market cap, and Snowflake Inc is trading nearer its 52-week high, DigitalOcean Holdings Inc nearer its low. Which is the better fit depends on your goals.
| DOCN | SNOW | |
|---|---|---|
Market Cap | $14.21B | $116.01B |
Sector | Technology | Technology |
52-Week High | $181.29 | $334.70 |
52-Week Low | $29.99 | $121.11 |
Enterprise Value | $14.97B | $115.82B |
Trailing returns across standard periods
Latest headlines on both assets
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and other countries.
Read more on DOCN →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →