Synopsys, Inc. vs Spotify Technology — how do they compare? Synopsys, Inc. trades at $390 (market cap $72.47B), while Spotify Technology trades at $493.4 (market cap $101.23B). The key difference: Spotify Technology is the larger of the two by market cap, and Spotify Technology is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SNPS | SPOT | |
|---|---|---|
Market Cap | $72.47B | $101.23B |
Sector | Technology | Media |
52-Week High | $645.59 | $738.53 |
52-Week Low | $378.46 | $412.75 |
Enterprise Value | $80.82B | $91.81B |
Trailing returns across standard periods
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 →Spotify Technology S.A. provides music streaming services. The Company offers commercial-free music and ad-supported services to subscribers. Spotify Technology serves clients worldwide.
Read more on SPOT →