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Synopsys (SNPS) Competitors

$571.45
-2.40 (-0.42%)
(As of 06/7/2024 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 stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends, earnings, media sentiment and community ranking.

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

CrowdStrike presently has a consensus price target of $375.61, suggesting a potential upside of 7.59%. Synopsys has a consensus price target of $616.18, suggesting a potential upside of 7.83%. Given CrowdStrike's stronger consensus rating and higher probable upside, analysts clearly believe Synopsys is more favorable than CrowdStrike.

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 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$3.06B27.64$89.33M$0.53658.73
Synopsys$5.84B14.99$1.23B$9.2062.11

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

Synopsys received 355 more outperform votes than CrowdStrike when rated by MarketBeat users. Likewise, 72.21% of users gave Synopsys an outperform vote while only 68.30% of users gave CrowdStrike an outperform vote.

CompanyUnderperformOutperform
CrowdStrikeOutperform Votes
461
68.30%
Underperform Votes
214
31.70%
SynopsysOutperform Votes
816
72.21%
Underperform Votes
314
27.79%

Synopsys has a net margin of 23.05% compared to Synopsys' net margin of 4.01%. CrowdStrike's return on equity of 22.66% beat Synopsys' return on equity.

Company Net Margins Return on Equity Return on Assets
CrowdStrike4.01% 7.39% 2.63%
Synopsys 23.05%22.66%14.06%

In the previous week, CrowdStrike had 94 more articles in the media than Synopsys. MarketBeat recorded 103 mentions for CrowdStrike and 9 mentions for Synopsys. CrowdStrike's average media sentiment score of 1.53 beat Synopsys' score of 0.52 indicating that Synopsys is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CrowdStrike
34 Very Positive mention(s)
12 Positive mention(s)
26 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Positive
Synopsys
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Synopsys beats CrowdStrike on 12 of the 17 factors compared between the two stocks.

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$87.56B$21.44B$21.96B$8.17B
Dividend YieldN/A2.02%2.71%4.04%
P/E Ratio62.1174.36256.5918.12
Price / Sales14.998.02546.8366.90
Price / Cash55.9867.5430.8831.03
Price / Book12.239.526.844.32
Net Income$1.23B$363.36M$631.99M$216.21M
7 Day Performance1.90%0.29%-0.20%-1.44%
1 Month Performance3.81%-4.69%0.51%-0.60%
1 Year Performance30.56%4.68%12.10%3.53%

Synopsys Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRWD
CrowdStrike
4.4256 of 5 stars
$305.58
-1.0%
$373.95
+22.4%
+133.9%$73.91B$3.06B848.867,925Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
PLTR
Palantir Technologies
1.6759 of 5 stars
$22.10
+3.7%
$20.65
-6.5%
+58.7%$49.21B$2.23B184.183,735Gap Down
DDOG
Datadog
4.8983 of 5 stars
$108.84
-0.5%
$137.50
+26.3%
+17.0%$36.41B$2.13B340.135,200Insider Selling
News Coverage
EA
Electronic Arts
4.3614 of 5 stars
$136.50
+2.6%
$147.00
+7.7%
+8.4%$36.36B$7.56B29.1713,700Insider Selling
Positive News
CRM
Salesforce
4.7788 of 5 stars
$235.01
-0.7%
$292.79
+24.6%
+17.5%$227.72B$34.86B42.2772,682Insider Buying
Analyst Revision
ADBE
Adobe
4.8511 of 5 stars
$448.37
+2.1%
$620.72
+38.4%
+11.3%$200.87B$19.41B42.8729,945Upcoming Earnings
Analyst Upgrade
INTU
Intuit
4.9777 of 5 stars
$572.06
+0.9%
$679.41
+18.8%
+35.9%$159.92B$14.37B52.7718,200Positive News
CDNS
Cadence Design Systems
4.7797 of 5 stars
$287.13
+0.3%
$331.11
+15.3%
+32.3%$78.14B$4.09B74.7711,200Insider Selling
WDAY
Workday
4.992 of 5 stars
$211.12
+0.1%
$283.96
+34.5%
+6.0%$55.74B$7.26B38.0418,800Insider Selling
ADSK
Autodesk
4.5844 of 5 stars
$212.00
+0.6%
$271.16
+27.9%
+7.4%$45.68B$5.50B50.3613,700Analyst Forecast
News Coverage

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This page (NASDAQ:SNPS) was last updated on 6/8/2024 by MarketBeat.com Staff

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