Snowflake Inc vs Verisign, Inc. — how do they compare? Snowflake Inc trades at $271.69 (market cap $95.09B), while Verisign, Inc. trades at $277.5 (market cap $25.26B). The key difference: Snowflake Inc is far larger — about 3.8× Verisign, Inc.'s market cap, and Verisign, Inc. pays a 1.17% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| SNOW | VRSN | |
|---|---|---|
Market Cap | $95.09B | $25.26B |
Sector | Technology | Technology |
52-Week High | $280.16 | $310.00 |
52-Week Low | $121.11 | $211.49 |
Enterprise Value | $94.90B | $26.50B |
Dividend Yield | — | 1.17% |
Trailing returns across standard periods
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 →Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical Internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Read more on VRSN →