Elastic NV vs Synopsys, Inc. — how do they compare? Elastic NV trades at $75.69 (market cap $7.94B), while Synopsys, Inc. trades at $410.38 (market cap $78.68B). The key difference: Synopsys, Inc. is far larger — about 9.9× Elastic NV's market cap, and Elastic NV is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| ESTC | SNPS | |
|---|---|---|
Market Cap | $7.94B | $78.68B |
Sector | Technology | Technology |
52-Week High | $94.47 | $625.80 |
52-Week Low | $43.30 | $372.33 |
Enterprise Value | $7.16B | $87.04B |
Trailing returns across standard periods
Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Read more on SNPS →