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Synopsys (SNPS) Competitors

$560.80
-3.93 (-0.70%)
(As of 05/31/2024 ET)

SNPS vs. CRWD, PLTR, DDOG, EA, CRM, ADBE, INTU, CDNS, WDAY, and ADSK

Should you be buying Synopsys stock or one of its competitors? The main competitors of Synopsys include CrowdStrike (CRWD), Palantir Technologies (PLTR), Datadog (DDOG), Electronic Arts (EA), Salesforce (CRM), Adobe (ADBE), Intuit (INTU), Cadence Design Systems (CDNS), Workday (WDAY), and Autodesk (ADSK).

Synopsys vs.

CrowdStrike (NASDAQ:CRWD) and Synopsys (NASDAQ:SNPS) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, media sentiment, valuation, community ranking, dividends, earnings, institutional ownership and analyst recommendations.

Synopsys received 368 more outperform votes than CrowdStrike when rated by MarketBeat users. Likewise, 72.21% of users gave Synopsys an outperform vote while only 67.67% of users gave CrowdStrike an outperform vote.

CompanyUnderperformOutperform
CrowdStrikeOutperform Votes
448
67.67%
Underperform Votes
214
32.33%
SynopsysOutperform Votes
816
72.21%
Underperform Votes
314
27.79%

In the previous week, CrowdStrike had 33 more articles in the media than Synopsys. MarketBeat recorded 53 mentions for CrowdStrike and 20 mentions for Synopsys. Synopsys' average media sentiment score of 0.66 beat CrowdStrike's score of 0.43 indicating that CrowdStrike is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CrowdStrike
19 Very Positive mention(s)
7 Positive mention(s)
21 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Synopsys
9 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Synopsys has higher revenue and earnings than CrowdStrike. Synopsys is trading at a lower price-to-earnings ratio than CrowdStrike, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CrowdStrike$3.06B24.83$89.33M$0.36871.33
Synopsys$6.31B13.61$1.23B$9.2060.96

71.2% of CrowdStrike shares are held by institutional investors. Comparatively, 85.5% of Synopsys shares are held by institutional investors. 4.3% of CrowdStrike shares are held by company insiders. Comparatively, 0.7% of Synopsys shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

CrowdStrike presently has a consensus price target of $373.95, suggesting a potential upside of 19.22%. Synopsys has a consensus price target of $616.18, suggesting a potential upside of 9.88%. Given Synopsys' higher possible upside, research analysts plainly believe CrowdStrike is more favorable than Synopsys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CrowdStrike
0 Sell rating(s)
1 Hold rating(s)
37 Buy rating(s)
0 Strong Buy rating(s)
2.97
Synopsys
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

Synopsys has a net margin of 23.05% compared to Synopsys' net margin of 2.92%. CrowdStrike's return on equity of 22.66% beat Synopsys' return on equity.

Company Net Margins Return on Equity Return on Assets
CrowdStrike2.92% 6.09% 2.08%
Synopsys 23.05%22.66%14.06%

CrowdStrike has a beta of 1.08, meaning that its share price is 8% more volatile than the S&P 500. Comparatively, Synopsys has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.

Summary

Synopsys beats CrowdStrike on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SNPS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SNPS vs. The Competition

MetricSynopsysPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$85.92B$21.00B$21.02B$7.97B
Dividend YieldN/A2.20%2.68%4.00%
P/E Ratio60.9653.15210.9514.93
Price / Sales13.618.12539.3891.17
Price / Cash55.0967.8430.3231.51
Price / Book12.008.746.404.59
Net Income$1.23B$366.04M$625.65M$213.90M
7 Day Performance-4.53%-3.22%-0.65%0.87%
1 Month Performance7.40%-3.27%2.86%3.60%
1 Year Performance23.37%4.85%27.59%7.91%

Synopsys Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRWD
CrowdStrike
4.8262 of 5 stars
$346.82
-1.3%
$373.18
+7.6%
+95.9%$83.89B$3.06B963.427,925Upcoming Earnings
Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
PLTR
Palantir Technologies
2.3473 of 5 stars
$21.06
+0.2%
$20.65
-1.9%
+47.3%$46.89B$2.23B175.473,735
DDOG
Datadog
4.8051 of 5 stars
$122.11
-1.2%
$135.58
+11.0%
+16.1%$40.85B$2.13B381.595,200Analyst Upgrade
Positive News
Gap Down
EA
Electronic Arts
4.719 of 5 stars
$132.05
-2.2%
$147.00
+11.3%
+3.8%$35.18B$7.56B28.2213,700Insider Selling
CRM
Salesforce
4.8188 of 5 stars
$269.83
-0.9%
$310.94
+15.2%
+4.6%$261.20B$34.86B64.2572,682Earnings Report
Analyst Forecast
Insider Selling
Options Volume
Analyst Revision
News Coverage
ADBE
Adobe
4.8733 of 5 stars
$478.43
+0.6%
$620.72
+29.7%
+6.5%$214.34B$19.41B45.7429,945Short Interest ↑
INTU
Intuit
4.9675 of 5 stars
$600.02
-1.1%
$679.41
+13.2%
+37.5%$167.74B$14.37B55.3518,200Insider Selling
High Trading Volume
CDNS
Cadence Design Systems
4.7571 of 5 stars
$296.21
+0.7%
$326.11
+10.1%
+24.0%$80.61B$4.09B77.1411,200Analyst Forecast
Short Interest ↑
WDAY
Workday
4.9829 of 5 stars
$215.44
-2.5%
$283.96
+31.8%
-0.3%$56.88B$7.56B38.8218,800Insider Selling
High Trading Volume
ADSK
Autodesk
4.8847 of 5 stars
$210.45
-2.1%
$270.17
+28.4%
+1.1%$45.35B$5.50B49.9913,700Analyst Forecast
Short Interest ↑

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This page (NASDAQ:SNPS) was last updated on 6/1/2024 by MarketBeat.com Staff

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