SNPS vs. PLTR, CRWD, EA, DDOG, ADBE, CRM, INTU, CDNS, WDAY, and ADSK
Should you be buying Synopsys stock or one of its competitors? The main competitors of Synopsys include Palantir Technologies (PLTR), CrowdStrike (CRWD), Electronic Arts (EA), Datadog (DDOG), Adobe (ADBE), Salesforce (CRM), Intuit (INTU), Cadence Design Systems (CDNS), Workday (WDAY), and Autodesk (ADSK).
Synopsys vs.
Synopsys (NASDAQ:SNPS) and Palantir Technologies (NYSE:PLTR) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, risk, institutional ownership, profitability, earnings, media sentiment, dividends and valuation.
Synopsys received 745 more outperform votes than Palantir Technologies when rated by MarketBeat users. Likewise, 72.43% of users gave Synopsys an outperform vote while only 43.72% of users gave Palantir Technologies an outperform vote.
Company Underperform Outperform Synopsys Outperform Votes 825
72.43%
Underperform Votes 314
27.57%
Palantir Technologies Outperform Votes 80
43.72%
Underperform Votes 103
56.28%
Synopsys presently has a consensus target price of $630.09, suggesting a potential upside of 28.57%. Palantir Technologies has a consensus target price of $26.79, suggesting a potential downside of 24.74%. Given Synopsys' stronger consensus rating and higher probable upside, analysts plainly believe Synopsys is more favorable than Palantir Technologies.
Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Synopsys 0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00 Palantir Technologies 5 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
1.94 See AlsoSynopsys Stock Forecast & Predictions: 1Y Price Target $666.67 | Buy or Sell NASDAQ: SNPS 2024SNPS Forecast — Price Target — Prediction for 2025 — TradingView — IndiaThe total return for Synopsys (NASDAQ:SNPS) investors has risen faster than earnings growth over the last five yearsGinkgo Bioworks Holdings, Inc. (DNA) Stock Forecast & Price Prediction 2025, 2030 | CoinCodexSynopsys has a net margin of 24.06% compared to Palantir Technologies' net margin of 16.32%. Synopsys' return on equity of 22.09% beat Palantir Technologies' return on equity.
Company Net Margins Return on Equity Return on Assets Synopsys 24.06% 22.09% 14.05% Palantir Technologies 16.32% 8.88% 7.04% In the previous week, Palantir Technologies had 56 more articles in the media than Synopsys. MarketBeat recorded 70 mentions for Palantir Technologies and 14 mentions for Synopsys. Synopsys' average media sentiment score of 0.98 beat Palantir Technologies' score of 0.57 indicating that Synopsys is being referred to more favorably in the media.
Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Synopsys 8 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive Palantir Technologies 35 Very Positive mention(s)
7 Positive mention(s)
16 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Positive Synopsys has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500. Comparatively, Palantir Technologies has a beta of 2.72, suggesting that its stock price is 172% more volatile than the S&P 500.
Synopsys has higher revenue and earnings than Palantir Technologies. Synopsys is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.
Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Synopsys $5.84B 12.88 $1.23B $9.20 53.27 Palantir Technologies $2.48B 31.97 $209.82M $0.12 296.58 85.5% of Synopsys shares are owned by institutional investors. Comparatively, 45.7% of Palantir Technologies shares are owned by institutional investors. 0.7% of Synopsys shares are owned by company insiders. Comparatively, 12.9% of Palantir Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
Synopsys beats Palantir Technologies on 13 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
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Metric | Synopsys | Prepackaged software Industry | Computer Sector | NASDAQ Exchange |
---|---|---|---|---|
Market Cap | $75.28B | $22.36B | $22.32B | $8.33B |
Dividend Yield | N/A | 2.36% | 2.75% | 4.12% |
P/E Ratio | 53.27 | 75.22 | 277.94 | 18.47 |
Price / Sales | 12.88 | 43.42 | 578.62 | 91.76 |
Price / Cash | 46.97 | 70.42 | 30.91 | 31.53 |
Price / Book | 9.76 | 9.25 | 6.88 | 4.56 |
Net Income | $1.23B | $438.59M | $656.16M | $224.33M |
7 Day Performance | 5.63% | 3.33% | 2.54% | 4.53% |
1 Month Performance | -7.67% | 0.66% | 2.41% | 7.74% |
1 Year Performance | 5.13% | 3.73% | 20.64% | 8.90% |
Synopsys Competitors List
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Company | MarketRank | Share Price | Analysts' Price Target | 1Y Price Performance | Market Cap | Revenue | P/E Ratio | Employee Count | Indicator(s) |
---|---|---|---|---|---|---|---|---|---|
PLTRPalantir Technologies | 2.4297 of 5 stars2.43 / 5 stars | $34.75 +0.4% | $26.79 -22.9% | +128.1% | $77.38B | $2.48B | 289.61 | 3,735 | Analyst Forecast Insider Selling |
CRWDCrowdStrike | 4.8668 of 5 stars4.87 / 5 stars | $247.74 +0.5% | $327.16 +32.1% | +53.8% | $60.29B | $3.52B | 467.44 | 7,925 | |
EAElectronic Arts | 4.479 of 5 stars4.48 / 5 stars | $143.80 -0.3% | $161.28 +12.2% | +19.8% | $37.99B | $7.56B | 30.73 | 13,700 | Short Interest ↑ |
DDOGDatadog | 4.8336 of 5 stars4.83 / 5 stars | $108.12 +0.4% | $139.88 +29.4% | +12.1% | $36.17B | $2.39B | 337.88 | 5,200 | Insider Selling |
ADBEAdobe | 4.6718 of 5 stars4.67 / 5 stars | $574.48 +0.8% | $605.52 +5.4% | -3.0% | $254.72B | $19.41B | 51.62 | 29,945 | Earnings Report Analyst Forecast News Coverage Gap Down |
CRMSalesforce | 4.9496 of 5 stars4.95 / 5 stars | $246.13 +0.2% | $304.41 +23.7% | +16.3% | $238.50B | $36.47B | 44.27 | 72,682 | Analyst Forecast Insider Selling Short Interest ↓ |
INTUIntuit | 4.8619 of 5 stars4.86 / 5 stars | $633.62 +1.1% | $720.37 +13.7% | +20.9% | $177.60B | $16.29B | 58.45 | 18,800 | Insider Selling Short Interest ↓ |
CDNSCadence Design Systems | 4.7875 of 5 stars4.79 / 5 stars | $255.85 +1.2% | $334.56 +30.8% | +11.4% | $70.06B | $4.09B | 66.63 | 11,200 | Positive News |
WDAYWorkday | 4.962 of 5 stars4.96 / 5 stars | $255.58 +0.8% | $288.15 +12.7% | +2.0% | $67.73B | $7.26B | 46.05 | 18,800 | Analyst Forecast |
ADSKAutodesk | 4.6023 of 5 stars4.60 / 5 stars | $257.61 +0.8% | $292.17 +13.4% | +24.4% | $55.39B | $5.50B | 55.76 | 14,100 | Short Interest ↑ |
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