NetApp Inc. vs Synopsys, Inc. — how do they compare? NetApp Inc. trades at $161.2 (market cap $31.57B), while Synopsys, Inc. trades at $389 (market cap $72.47B). The key difference: Synopsys, Inc. is far larger — about 2.3× NetApp Inc.'s market cap, and NetApp Inc. pays a 1.29% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| NTAP | SNPS | |
|---|---|---|
Market Cap | $31.57B | $72.47B |
Sector | Technology | Technology |
52-Week High | $181.08 | $645.59 |
52-Week Low | $94.11 | $378.46 |
Enterprise Value | $30.72B | $80.82B |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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 →