Cloudflare Inc vs Snowflake Inc — how do they compare? Cloudflare Inc trades at $271.01 (market cap $96.69B), while Snowflake Inc trades at $271.43 (market cap $95.09B). The key difference: Cloudflare Inc and Snowflake Inc are close in size by market cap. Which is the better fit depends on your goals.
| NET | SNOW | |
|---|---|---|
Market Cap | $96.69B | $95.09B |
Sector | Technology | Technology |
52-Week High | $281.69 | $280.16 |
52-Week Low | $160.16 | $121.11 |
Enterprise Value | $96.05B | $94.90B |
Trailing returns across standard periods
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Read more on NET →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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