LYFT Inc vs Snowflake Inc — how do they compare? LYFT Inc trades at $15.22 (market cap $5.86B), while Snowflake Inc trades at $271.7 (market cap $95.09B). The key difference: Snowflake Inc is far larger — about 16.2× LYFT Inc's market cap, and Snowflake Inc is trading nearer its 52-week high, LYFT Inc nearer its low. Which is the better fit depends on your goals.
| LYFT | SNOW | |
|---|---|---|
Market Cap | $5.86B | $95.09B |
Sector | Industrials | Technology |
52-Week High | $24.57 | $280.16 |
52-Week Low | $12.65 | $121.11 |
Enterprise Value | $5.39B | $94.90B |
Trailing returns across standard periods
Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →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.
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