Seeking Alpha Review: Is Premium Worth It?
Since its inception in 2004, Seeking Alpha has become one of the most popular investment platforms on the internet. The site provides users with stock market news, analysis, and opinions from various sources, including professional investors, hedge fund managers, and everyday people.
So, is Seeking Alpha Premium worth it? Let's look at what you get for your money in our Seeking Alpha review.
Free plan available; mobile app
- Free version
- Over 7,000 contributors
- Unlimited access to articles with investment ideas
- Stocks and ETFs ratings
- Link your portfolio with industry-leading brokers
- Complicated for beginners
- Expensive plans
- No phone support
Seeking Alpha is the largest investing community in the world. It's a platform where investors can share their ideas and analysis on stocks, bonds, commodities, and other investment opportunities.
What makes Seeking Alpha different from competitors is that it offers a unique perspective on investing. Rather than relying on professional analysts, Seeking Alpha depends upon the wisdom of the crowd. This means anyone can submit their own opinion on a stock, bond, or other investment, be they a professional investor or a hobbyist.
More than 7,000 investors write 10,000 investment ideas for stocks and other securities every month. Although it might sound like a bid for quantity over quality, there’s no need to worry: The Seeking Alpha team reviews each of them before publishing.
This makes Seeking Alpha a great place to get different perspectives on investment, as well as find new options. So, if your question is: Is Seeking Alpha worth it, the answer is yes. The platform has been in operation since 2004. By now, it has 20 million users from all over the world. Based on TrustPilot reviews, Seeking Alpha has a 4.4 score on this site.
How Does Seeking Alpha Compare to Similar Platforms?
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Seeking Alpha Membership
With the Seeking Alpha platform, you can access stock market analyses and insights. The site offers free and paid content, with most of its research and wisdom provided through the latter.
The Seeking Alpha free plan is available immediately after registering on the website. Since the initial Seeking Alpha cost is $0, the plan offers a limited number of tools and features. The program includes stock analysis market alerts, an option to follow authors, and receiving up to 15 newsletters by email. It also enables you to read and post comments, compare various stocks with other users, and manage your portfolio.
Seeking Alpha offers two more pricing options - the Premium and Pro plan. They are a bit complicated to understand, but you can find more information once you choose the subscription option. The Premium plan costs $29.99 monthly, but with a one-year subscription, you’ll pay $19.99 per month, or $239 for the entire year. A three-year subscription lowers the monthly costs to $14.99.
Seeking Alpha Pro will cost you $199.99 per month with a one-year subscription. If you decide to pay monthly, the price is very high - $299.99 per billing cycle.
Both Seeking Alpha subscription options are available on the website, so you just need to visit it and click on the “Start Your Free Trial” button located on the top right-hand side of the page. From there, you will be prompted to enter your email address and create a password. After doing so, you will have access to Seeking Alpha’s content.
Regardless of the plan you choose, Seeking Alpha is free for two weeks. The company allows you to cancel your subscription at any time, but there are no refunds. The subscription will be canceled at the end of your next billing period.
Seeking Alpha Premium Features
With a Seeking Alpha Premium account, you’ll access a rich selection of tools and features to research stocks and other securities. We’ll discuss the most valuable ones:
Premium Ideas and Articles
While the free plan allows you to read Seeking Alpha contributor articles for the first ten days, the Premium plan allows unlimited access to all investing ideas. Seeking Alpha reviews the reports shared by other members, meaning that they are reliable and accurate. All plans allow users to comment on articles, and share their opinions on other users’ stock predictions.
Seeking Alpha Author Stock Rating
The Seeking Alpha Author Stock Ratings is a system that allows authors to rate stocks on a scale of 1 to 5. The ratings are based on several factors, including an author’s bullish or bearish outlook on a stock, as well as the number of positive and negative articles they have written about it. This system is designed to give readers an idea of where the author stands on a particular stock.
The next feature we need to mention in our Seeking Alpha Premium review is the Dividend grade. The dividend grade system rates stocks based on their dividend history. The grades range from A (the highest) to D (the lowest). This system is designed to give investors an idea of which stocks are more likely to continue paying dividends in the future.
The next feature is the Quant rating analysis. Similar to algorithmic trading software, the quantitative analysis offered by Seeking Alpha helps traders make smart moves based on objective data.
Seeking Alpha Quant ratings use algorithms to rate stocks. The Seeking Alpha Quant rating will review all stocks, comparing them to each other based on over 100 metrics. Based on this, Seeking Alpha Premium users can decide which stocks to invest in.
Seeking Alpha Screener
The Seeking Alpha Screener is a tool that allows users to find the most valued stocks that fit their investment strategy. The screener allows you to filter stocks by price, market cap, sector, and more.
Call Transcripts and Audio
These can be useful for investors who want to hear what management has to say about the company’s performance and prospects. Seeking Alpha offers transcripts and audio of earnings calls for many companies, including Apple, Amazon, and Goldman Sachs. As a Premium member, you get access to up to 10 years of financial statements, too.
Stock Portfolio Synchronization
If you’re still unsure if Seeking Alpha Premium is worth it, this tool will change your mind. You can link your Seeking Alpha portfolio with all popular online brokerages, so the market changes will be automatically updated on it.
The platform offers a rich selection of portfolio management tools that allow you to create a diversified portfolio of stocks and ETFs. The system will send you automated alerts and notifications to help you stay up to date with the latest market changes. This way, you’ll recognize the right time to sell your stocks.
One of the best features you’ll get is the option to see the Seeking Alpha Wall Street and Quant ratings for each asset in your portfolio. You’ll get alerts and notifications each time they change.
Seeking Alpha is a credible source of information regarding stocks and other securities. The article sidebar is available only to Premium members, and shows the author's rating for every stock, which can be bullish, bearish, or neutral. It also displays stock metrics and Quant analysis.
Seeking Alpha Pro Features
If you upgrade to the Pro plan, you can expect even more research tools and features. However, the Seeking Alpha subscription cost will go up significantly. Some of the features you can use with the Pro Plan are:
PRO Articles and Newsletters
With the Pro plan, you can access the most recent trading news and ideas. The system sends newsletters directly to your inbox, so you’ll get the latest market data, as well as exclusive interviews.
VIP Concierge Service
Another great feature you get as a Pro member is the VIP editorial concierge. The service includes support from Pro editors who’ll find the articles and investing ideas that perfectly match your portfolio.
The Seeking Alpha screener is available for Premium members too, but Pro members get access to additional tools. Generally, this Seeking Alpha app allows you to use various filters to gain insights into investing ideas.
With the Pro screener, you can filter investing ideas by market cap, sector, country, etc. You can also use various qualifiers, including Transformative Acquisitions. This is an especially valuable feature for fund managers, helping them find stocks that fit specific criteria.
How Does Seeking Alpha Compare to TipRanks?
Based on our research, Seeking Alpha seems like an excellent solution for people looking for a professional stock investment analysis. However, there are other investment research platforms, too, so we’ve decided to check how Seeking Alpha compares to some of them.
We’ve compared TipRanks vs. Seeking Alpha in terms of features, and here’s what we found:
Both TipRanks and Seeking Alpha are professional stock research platforms. While TipRanks provides price target analysis, Seeking Alpha is focused on more comprehensive market data insights. TipRanks uses Wall Street data, while Seeking Alpha has a huge base of professional stock analysts providing articles.
Seeking Alpha has over 20 million users, many of whom are professional traders. However, the platform is not beginner-friendly compared to TipRanks. TipRanks offers limited features, but it is definitely easier to use.
You can download Seeking Alpha apps directly from Google Play or the App Store on your device. If you already have an account, you just need to sign in with your details.
The mobile Seeking Alpha version offers the same functionality as its desktop counterpart. You can manage your portfolio, add or remove stocks, analyze articles, and so on. The mobile app notifies you about the latest articles and stock changes, so you won’t miss anything even if you’re not in front of your laptop.
Seeking Alpha has many positive reviews on Trustpilot, of which most are focused on Seeking Alpha’s articles and how useful they are. Since experienced analysts and traders write them, the reports provide comprehensive information to Seeking Alpha’s community. Other users praise the Seeking Alpha API service.
However, more than one Seeking Alpha review focused on the platform’s issues regarding alerts and notifications. The clients claim they missed the opportunities to trade stocks due to sluggish emails.
The good news is that customer support answers promptly. There’s also the Seeking Alpha Feedback Forum, where you can discuss problems and ask for help. Additionally, you can use the website’s knowledge base, loaded with valuable articles.
In our opinion, Seeking Alpha is an excellent investment research platform, offering many handy tools and features with its paid versions. It relies on experienced contributors who are professional trading analysts, so you’ll always get in-depth articles on stocks and other securities.
Who is behind Seeking Alpha?
Seeking Alpha.com was founded in 2004 by David Jackson, a former technology research analyst and hedge fund manager.
What is the best stock research site?
Numerous sites offer different perspectives and data sets, so it depends on your needs. Whichever site you choose, do the basic research on your own before making any financial move.
What is a good alternative to Seeking Alpha?
TipRanks is a good alternative to Seeking Alpha. It has a similar focus on stock analysis and investment research, but it's simpler to use for beginners.
Is Seeking Alpha reputable?
Yes, Seeking Alpha is a reputable stock research site. It offers in-depth analysis and commentary from a variety of perspectives, including both professional and amateur investors. Should you need more information about the platform’s tools and features, you can find helpful details in our Seeking Alpha review.