NetApp Inc. vs Snowflake Inc — how do they compare? NetApp Inc. trades at $166.94 (market cap $31.57B), while Snowflake Inc trades at $271.7 (market cap $95.09B). The key difference: Snowflake Inc is far larger — about 3× NetApp Inc.'s market cap, and NetApp Inc. pays a 1.29% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| NTAP | SNOW | |
|---|---|---|
Market Cap | $31.57B | $95.09B |
Sector | Technology | Technology |
52-Week High | $181.08 | $280.16 |
52-Week Low | $94.11 | $121.11 |
Enterprise Value | $30.72B | $94.90B |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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 →