Both in Packaged Software

Shopify vs Snowflake

Over the past year SHOP returned −8.9% and SNOW returned +10.4%; their daily moves had a correlation of 0.46.

SHOP −8.9% SNOW +10.4%Growth of $1, one year, split-adjusted
MetricSHOPSNOW
Price$157.49$306.08
Market cap$202.63B$107.99B
Today−5.63%−7.32%
1 month+5.6%−10.5%
6 months+23.4%+117.1%
Year to date−2.2%+39.5%
1 year−12.0%+13.5%
Revenue growth (YoY)+33.7%+35.1%
Gross margin47.7%67.0%
Net margin41.9%−12.4%
P/E (TTM)105.1×—
Price / sales15.3×19.9×
Net cash$4.95B$60.7M
Dividend yield——
Volatility (60d)48.8%54.7%
Short % of float1.8%5.4%
Next earningsNov 3, 2026—

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).