Snowflake Inc vs SoFi Technologies Inc — how do they compare? Snowflake Inc trades at $332.42 (market cap $116.01B), while SoFi Technologies Inc trades at $18.09 (market cap $23.22B). The key difference: Snowflake Inc is far larger — about 5× SoFi Technologies Inc's market cap, and Snowflake Inc is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| SNOW | SOFI | |
|---|---|---|
Market Cap | $116.01B | $23.22B |
Sector | Technology | Financials |
52-Week High | $334.70 | $32.21 |
52-Week Low | $121.11 | $15.15 |
Enterprise Value | $115.82B | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
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