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S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Urgent Warning (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Urgent Warning (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Urgent Warning (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Urgent Warning (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Urgent Warning (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Urgent Warning (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Urgent Warning (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Urgent Warning (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Urgent Warning (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
NASDAQ:SNPS

Synopsys - SNPS Competitors

$372.53
-1.47 (-0.39%)
(As of 03/17/2023 08:55 PM ET)
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Compare
Today's Range
$370.52
$378.30
50-Day Range
$325.95
$379.48
52-Week Range
$255.02
$391.17
Volume
1.64 million shs
Average Volume
785,763 shs
Market Capitalization
$56.74 billion
P/E Ratio
61.47
Dividend Yield
N/A
Price Target
$424.18

SNPS vs. CDNS, ADSK, ANSS, SPLK, INTU, ADBE, CRM, SHOP, NTES, and VMW

Should you be buying Synopsys stock or one of its competitors? The main competitors of Synopsys include Cadence Design Systems (CDNS), Autodesk (ADSK), ANSYS (ANSS), Splunk (SPLK), Intuit (INTU), Adobe (ADBE), Salesforce (CRM), Shopify (SHOP), NetEase (NTES), and VMware (VMW). These companies are all part of the "prepackaged software" industry.

Synopsys vs.

Synopsys (NASDAQ:SNPS) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, profitability, community ranking, risk, earnings, dividends and valuation.

Synopsys has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500.

Synopsys currently has a consensus price target of $424.18, indicating a potential upside of 13.87%. Cadence Design Systems has a consensus price target of $211.55, indicating a potential upside of 2.26%. Given Synopsys' stronger consensus rating and higher possible upside, analysts clearly believe Synopsys is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synopsys
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83
Cadence Design Systems
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.82

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Synopsys$5.08 billion11.17$984.59 million$6.0661.47
Cadence Design Systems$3.56 billion15.85$848.95 million$3.0966.95

Synopsys received 244 more outperform votes than Cadence Design Systems when rated by MarketBeat users. However, 72.41% of users gave Cadence Design Systems an outperform vote while only 72.01% of users gave Synopsys an outperform vote.

CompanyUnderperformOutperform
SynopsysOutperform Votes
782
72.01%
Underperform Votes
304
27.99%
Cadence Design SystemsOutperform Votes
538
72.41%
Underperform Votes
205
27.59%

Cadence Design Systems has a net margin of 23.83% compared to Synopsys' net margin of 18.22%. Cadence Design Systems' return on equity of 33.89% beat Synopsys' return on equity.

Company Net Margins Return on Equity Return on Assets
Synopsys 18.22% 16.88% 10.05%
Cadence Design Systems 23.83% 33.89% 19.47%

84.7% of Synopsys shares are owned by institutional investors. Comparatively, 84.1% of Cadence Design Systems shares are owned by institutional investors. 0.7% of Synopsys shares are owned by insiders. Comparatively, 2.0% of Cadence Design Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Cadence Design Systems had 17 more articles in the media than Synopsys. MarketBeat recorded 22 mentions for Cadence Design Systems and 5 mentions for Synopsys. Cadence Design Systems' average media sentiment score of 0.43 beat Synopsys' score of 0.20 indicating that Cadence Design Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Synopsys
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cadence Design Systems
11 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Synopsys and Cadence Design Systems tied by winning 9 of the 18 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$56.96B$15.44B$13.52B$5.85B
Dividend YieldN/A1.99%4.14%4.34%
P/E Ratio61.4749.72358.3214.43
Price / Sales11.176.93911.8265.37
Price / Cash44.4761.4125.9395.03
Price / Book10.0510.498.504.92
Net Income$984.59M$275.24M$535.64M$192.27M
7 Day Performance4.87%0.53%-1.53%-2.31%
1 Month Performance5.10%-7.71%-6.46%-8.52%
1 Year Performance17.07%-28.01%-17.49%-18.29%

Synopsys Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
2.3522 of 5 stars
$202.94
-0.3%
$211.55
+4.2%
+30.2%$55.39B$3.56B65.6810,200Insider Selling
ADSK
Autodesk
2.9615 of 5 stars
$195.79
-1.7%
$232.40
+18.7%
-6.7%$42.25B$5.01B51.8012,600
ANSS
ANSYS
2.1492 of 5 stars
$308.96
+0.2%
$286.25
-7.4%
-2.4%$26.91B$2.07B51.585,600
SPLK
Splunk
2.7695 of 5 stars
$87.86
-2.1%
$115.23
+31.1%
-30.4%$14.38B$3.65B-44.837,000
INTU
Intuit
3.1277 of 5 stars
$406.32
-0.5%
$489.00
+20.3%
-13.8%$113.99B$12.73B59.5817,300
ADBE
Adobe
2.9445 of 5 stars
$333.61
+0.1%
$418.56
+25.5%
-21.0%$152.99B$17.61B33.0329,239Earnings Report
Analyst Report
Analyst Revision
CRM
Salesforce
2.6385 of 5 stars
$182.91
+0.0%
$211.24
+15.5%
-15.5%$182.91B$31.35B871.0479,390Analyst Revision
SHOP
Shopify
1.5767 of 5 stars
$43.54
-0.6%
$47.73
+9.6%
-42.7%$54.98B$5.60B-15.9511,600Analyst Report
NTES
NetEase
2.7892 of 5 stars
$83.83
-1.7%
$112.67
+34.4%
-4.8%$54.89B$13.99B18.4232,064Analyst Report
VMW
VMware
2.1703 of 5 stars
$119.40
+0.7%
$135.88
+13.8%
+2.6%$50.80B$13.35B38.7737,500
This page (NASDAQ:SNPS) was last updated on 3/20/2023 by MarketBeat.com Staff