We believe Snowflake (NYSE: SNOW), a provider of cloud data warehousing solutions, is significantly overrated when compared to Teradata (NYSE: TDC), a company that provides database and analytics software. Snowflake has a market cap of about $ 82 billion worth about 75x futures, while Teradata’s market cap is just over $ 5 billion, or about 3x futures. Does this valuation gap make sense? We don’t think so. Sure, Snowflake is the hottest name in cloud data warehousing that is popular with investors and its revenue is growing faster, but there’s more to this story. While Teradata is generally associated with local databases, it has done better than expected …


Source link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.