Open Text Corporation vs Snowflake Inc — how do they compare? Open Text Corporation trades at $22.41 (market cap $5.54B), while Snowflake Inc trades at $268.27 (market cap $94.18B). The key difference: Snowflake Inc is far larger — about 17× Open Text Corporation's market cap, and Open Text Corporation pays a 4.83% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| OTEX | SNOW | |
|---|---|---|
Market Cap | $5.54B | $94.18B |
Sector | Technology | Technology |
52-Week High | $39.69 | $280.16 |
52-Week Low | $20.01 | $121.11 |
Enterprise Value | $10.70B | $94.00B |
Dividend Yield | 4.83% | — |
Trailing returns across standard periods
Open Text Corporation is a global leader in Enterprise Information Management (EIM) software and solutions. The company provides a comprehensive platform that helps organizations manage, secure, and leverage their unstructured digital content, including documents, emails, and media files. OTEX's offerings span content management, business process management, customer experience management, and security, serving large enterprises across various industries worldwide.
Read more on OTEX →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 →