SPLK vs. DDOG, OKTA, PAYC, PLTR, SNPS, CDNS, WDAY, ADSK, FICO, and MSTR
Should you be buying Splunk stock or one of its competitors? The main competitors of Splunk include Datadog (DDOG), Okta (OKTA), Paycom Software (PAYC), Palantir Technologies (PLTR), Synopsys (SNPS), Cadence Design Systems (CDNS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), and MicroStrategy (MSTR).
Splunk (NASDAQ:SPLK) and Datadog (NASDAQ:DDOG) are both large-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, media sentiment, risk, profitability and community ranking.
In the previous week, Datadog had 31 more articles in the media than Splunk. MarketBeat recorded 31 mentions for Datadog and 0 mentions for Splunk. Datadog's average media sentiment score of 0.41 beat Splunk's score of 0.23 indicating that Datadog is being referred to more favorably in the news media.
Splunk received 1529 more outperform votes than Datadog when rated by MarketBeat users. Likewise, 77.70% of users gave Splunk an outperform vote while only 64.32% of users gave Datadog an outperform vote.
87.6% of Splunk shares are owned by institutional investors. Comparatively, 78.3% of Datadog shares are owned by institutional investors. 0.2% of Splunk shares are owned by company insiders. Comparatively, 11.8% of Datadog shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Splunk has higher revenue and earnings than Datadog. Splunk is trading at a lower price-to-earnings ratio than Datadog, indicating that it is currently the more affordable of the two stocks.
Splunk has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, Datadog has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500.
Splunk currently has a consensus price target of $136.88, indicating a potential downside of 12.76%. Datadog has a consensus price target of $137.50, indicating a potential upside of 22.33%. Given Datadog's stronger consensus rating and higher probable upside, analysts clearly believe Datadog is more favorable than Splunk.
Splunk has a net margin of 6.26% compared to Datadog's net margin of 5.11%. Splunk's return on equity of 32,117.42% beat Datadog's return on equity.
Summary
Datadog beats Splunk on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPLK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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