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Snowflake vs. Teradata: Which Data Analytics Stock is the Smarter Buy?

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Key Takeaways

  • Teradata's public cloud ARR grew 16% year over year in Q1 2025, now making up 42% of total ARR.
  • TDC's AI advances include Enterprise Vector Store and a Fivetran deal simplifying data integration.
  • SNOW grew product revenue 26% with 606 clients spending $1M but faces rising costs and valuation pressure.

Snowflake (SNOW - Free Report) and Teradata (TDC - Free Report) are major players in the cloud analytics industry. While Snowflake provides a cloud-based platform that helps organizations store, manage and analyze large volumes of data using AI and machine learning, Teradata offers a hybrid cloud platform that combines data analytics, AI and data management to support enterprise workloads across cloud and on-premise environments.

Per a MarketsandMarkets report, the global cloud analytics market was valued at $35.7 billion in 2024 and is expected to grow to $118.5 billion by 2029 at a CAGR of 27.1%. Both SNOW and TDC are well-positioned to benefit from this growing market, as businesses across industries increase spending on data-driven decision-making and AI-powered analytics.

However, SNOW or TDC, which of these cloud data analytics stocks has the greater upside potential?

Let’s find out.

The Case for TDC Stock

Teradata has been benefiting from strong cloud Annual Recurring Revenues (ARR) growth. In the first quarter of 2025, public cloud ARR rose 16% year over year to $606 million. Cloud now accounts for 42% of total ARR, up from 35% in the year-ago quarter, reflecting steady adoption of its hybrid offerings.

TDC’s AI and hybrid cloud innovations have been noteworthy. In March 2025, it launched Enterprise Vector Store to support agentic AI and Retrieval-Augmented generation applications. Integrated with NVIDIA’s NeMo Retriever, the platform enables real-time insights from structured and unstructured data, enhancing enterprise-scale analytics.

Building on the momentum, in May 2025, Teradata partnered with Fivetran to automate data pipelines from more than 700 sources into VantageCloud. The collaboration has been simplifying low-code integration and accelerating trusted AI adoption for enterprise users.

Teradata completed the IRAP assessment at the PROTECTED level, validating VantageCloud Lake’s capability to support sensitive workloads across AWS, Azure, and Google Cloud. This has strengthened TDC’s position in the public sector and compliance-sensitive industries.

Teradata’s growing partner base, including major cloud providers like AWS, Azure and GCP and global system integrators such as Accenture, Deloitte, Infosys, TCS, Wipro and Cognizant, continues to reinforce its enterprise reach and cloud ecosystem.

The Case of SNOW Stock

Snowflake has been witnessing strong enterprise adoption and growing platform utilization. As of April 30, 2025, the company had 606 customers contributing more than $1 million in trailing 12-month product revenue. Product revenues grew 26% year over year, while the net revenue retention rate held steady at 124%, indicating higher spend among existing clients.

Snowflake’s expanding portfolio has been noteworthy. Offerings like Apache Iceberg, Hybrid Tables, Polaris, Cortex LLM and ML functions have helped the company attract new clients and deepen existing relationships. The total customer base stood at 11,578 (as of April 30, 2025), increasing from 11,159 as of Jan. 31, 2025. This included 754 of the Forbes Global 2000, contributing 41% of the first quarter fiscal 2025 revenue of $1 billion, up 26% year over year.

SNOW has further enhanced its platform with the launch of Cortex AI+SQL, SnowConvert, Intelligence Agent and Data Science Agent. These tools simplify cloud modernization, natural language querying and AI-driven workflows for enterprise users, including non-technical teams.

Leading enterprises like Canva have been leveraging Snowflake’s AI Data Cloud to personalize user experiences and accelerate data-driven decision-making. More than 4,000 customers use Snowflake’s AI and ML capabilities weekly, implying its strong product market fit and leadership in AI-native cloud analytics.

Price Performance and Valuation of SNOW and TDC

In the year-to-date period, SNOW shares have rallied 36.8%, outperforming TDC shares, which have plunged 28.2%. The outperformance in SNOW stock is driven by strong AI-led product momentum, robust customer additions and an expanding partner ecosystem.

The decline in TDC’s performance can be attributed to macroeconomic headwinds, cautious enterprise spending in Europe, and weakness in consulting demand.

SNOW and TDC Performance

Zacks Investment Research
Image Source: Zacks Investment Research

Currently, SNOW shares are overvalued, as suggested by a Value Score of F, while Teradata shares are trading cheap with a Value Score of B.

In terms of forward 12-month Price/Sales, Snowflake shares are trading at 14.49X, higher than TDC’s 1.3X.

SNOW and TDC Valuation

Zacks Investment Research
Image Source: Zacks Investment Research

How Do Earnings Estimates Compare for SNOW & TDC?

The Zacks Consensus Estimate for SNOW’s fiscal 2026 earnings is pegged at $1.06 per share, which has declined by 7.8% over the past 30 days. The figure indicates a 27.71% increase year over year.

The Zacks Consensus Estimate for TDC’s 2025 earnings is pegged at $2.16 per share, down by 3 cents over the past 30 days. This indicates a 10.7% decrease year over year.

Here’s Why TDC is a Better Buy Right Now

Both Snowflake and Teradata are well-positioned in the enterprise data and cloud analytics space. 

However, Snowflake’s rising expenses, intensified competition from Databricks, higher GPU-related AI investments and stretched valuation raise near-term concerns. Meanwhile, Teradata is benefiting from strong cloud ARR growth, expanding AI capabilities and strategic partnerships with Microsoft, Google and NVIDIA. Its hybrid cloud architecture offers greater deployment flexibility, giving it an edge in complex enterprise environments. 

With a Zacks Rank #2 (Buy), Teradata stands out as the stronger pick compared to Snowflake, which carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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