NetApp Inc. vs Synopsys, Inc. — how do they compare? NetApp Inc. trades at $199.79 (market cap $38.95B), while Synopsys, Inc. trades at $410.9 (market cap $78.68B). The key difference: Synopsys, Inc. is far larger — about 2× NetApp Inc.'s market cap, and NetApp Inc. pays a 1.05% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| NTAP | SNPS | |
|---|---|---|
Market Cap | $38.95B | $78.68B |
Sector | Technology | Technology |
52-Week High | $198.72 | $625.80 |
52-Week Low | $94.11 | $372.33 |
Enterprise Value | $38.10B | $87.04B |
Dividend Yield | 1.05% | — |
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 →