TipRanks and Seeking Alpha are stock research platforms designed to make expert analysis available to everyday investors. At TipRanks, you can easily see what price targets Wall Street analysts are putting on any stock. At Seeking Alpha, you can read analyses written by professional investors and quants.
In our TipRanks vs. Seeking Alpha comparison, we’ll highlight how these two platforms differ and help you decide which is right for you.
About TipRanks and Seeking Alpha
TipRanks was launched in 2012 as a tool for helping investors track the predictions of Wall Street investment managers. The platform collects price targets on thousands of stocks from hundreds of analysts. It also tracks analysts’ performance over time, enabling you to gauge how likely a price target is to be accurate. TipRanks now has more than 4 million monthly users.
Seeking Alpha was founded in 2004 by former Morgan Stanley analyst David Jackson. The platform leans on contributors, many of whom are fund managers and professional analysts, to offer deep insight into individual stocks. Seeking Alpha is widely read by professional traders as well as lay investors. More than 20 million people use Seeking Alpha each month.
Similarities between TipRanks and Seeking Alpha
TipRanks and Seeking Alpha both lean on Wall Street analysts and other experts to help you analyze stocks. However, the type of analysis they use is very different. TipRanks looks primarily at analyst price targets, whereas Seeking Alpha gives analysts the freedom to discuss any type of fundamental analysis they feel is important.
One area where the two platforms have a lot in common is in their individual stock pages. For any stock, you can find basic financial details, news headlines, and ratings. TipRanks rates stocks on a 1-10 scale, whereas Seeking Alpha ranks stocks against competitors within their industry.
TipRanks vs. Seeking Alpha: Stock Analysis
TipRanks and Seeking Alpha go about analyzing stocks in completely different ways.
At TipRanks, the main information given about a stock is what price targets analysts are currently projecting for it. While you can find this information on other sites, TipRanks is unique in that it tracks the performance of individual analysts over time. So, you can filter price targets to look at only those issued by top-performing analysts.
TipRanks also looks factors like insider trading activity, news sentiment, and how many users on TipRanks are bullish or bearish about a stock. These metrics are far from scientific, but they offer an indication of how different market users feel about a company.
Seeking Alpha, on the other hand, looks deeply at companies’ fundamentals. Every stock is assigned an A-F grade for its valuation, growth, and profitability, as well as an overall 1-5 rating based on the opinion of Seeking Alpha analysts. You can dive into a table of a company’s detailed financial metrics and see at a glance how the company’s performance in each metric compares to the industry average.
The real value in Seeking Alpha lies in the analysis articles that are written by contributors, many of whom are professional stock analysts and fund managers. These articles can take many different forms, but many of them start with a bullish or bearish thesis and then go on to explain their position. Others offers an in-depth look at a specific valuation model or discuss industry trends that could impact a company’s future earnings.
TipRanks vs. Seeking Alpha: Top Stocks
Both TipRanks and Seeking Alpha offer lists of top stocks to guide your investments. At TipRanks, top stocks are based on a proprietary “Smart Score” that accounts for price targets, institutional buying activity, and financial performance. You can also view lists of top stocks based on analyst price targets and insider buying activity.
At Seeking Alpha, the top stocks list is based on a weighting of the company’s own financial valuation model, scores from contributors, and outside analyst targets. In addition to an overall top stocks list, Seeking Alpha offers lists for dividend stocks, growth stocks, value stocks, and short squeeze stocks.
Both Seeking Alpha and TipRanks offer stock screeners. The Seeking Alpha screener is incredibly powerful because it enables you to filter stocks based on analyst ratings, financial grades, dividend safety, price performance, and a wide range of financial and growth metrics. The TipRanks screener enables you to filter stocks based on projected upside (from analyst price targets), overall grade, insider trading activity, and news sentiment.
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TipRanks vs. Seeking Alpha: Additional Markets
One additional difference worth noting between TipRanks and Seeking Alpha is that TipRanks only covers stocks. Seeking Alpha primarily covers stocks, but it also offers analysis for ETFs, forex, cryptocurrencies, and commodities. The platform has an ETF screener, although it’s relatively basic.
TipRanks vs. Seeking Alpha: Pricing
You can access some of the features of TipRanks and Seeking Alpha for free, but you’ll need a paid subscription to make the most of either platform.
At TipRanks, a Premium plan costs $29.95 per month and enables you to sort price targets based on analysts’ past performance. It also includes access to the top stocks list.
Seeking Alpha Premium costs $19.99 per month and unlocks premium articles, stock rankings, financial metric grades, and top stock lists. It also offers full access to the Seeking Alpha stock screener.
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Which Platform is Better?
Whether TipRanks or Seeking Alpha is better depends on how you approach stock analysis and what kind of information you want to invest on.
TipRanks is more suitable if you want simple 1-10 stock scores and easy-to-read price targets. You can quickly pull up any stock in TipRanks and get a sense for whether analysts and company insiders are bullish or bearish about it.
Seeking Alpha requires a bit more work. You can use the overall stock scores to quickly evaluate whether analysts are bullish or bearish about a company, but you’ll need to dig into the financial scores if you want more information. The best thing about Seeking Alpha is its premium articles, and digging through these requires a time commitment. However, if you want to be very well-informed about a company before making an investment decision, it’s hard to beat Seeking Alpha.
Alternatives to TipRanks vs. Seeking Alpha
Another platform worth considering alongside TipRanks and Seeking Alpha is Zacks Investment Research. Zacks offers stock rankings and grades similar to Seeking Alpha, and you get access to research reports written by a team of in-house analysts.
Since Zacks relies on its own in-house analysts rather than outside contributors, the platform’s reports are somewhat more consistent between stocks. However, that also means you don’t get to read conflicting opinions like you often do at Seeking Alpha.
Zacks Premium costs $249 per year, so it’s very comparable in price to Seeking Alpha Premium.
You can see how Zacks compares to TipRanks here and how Zacks compares to Seeking Alpha here.
Conclusion: TipRanks vs. Seeking Alpha
TipRanks and Seeking Alpha both offer professional stock analysis to help guide your investment research. TipRanks focuses primarily on analyst price targets, and Seeking Alpha offers in-depth articles written by professional stock analysts. TipRanks is easy to use and can help you generate ideas quickly, while Seeking Alpha offers more advanced analysis for investors who want to do their homework. If you’re still looking to learn a bit more about each platform, make sure to read our complete TipRanks review here, and our complete Seeking Alpha review here.