Synopsys, Inc. vs Teladoc Health Inc — how do they compare? Synopsys, Inc. trades at $388.58 (market cap $72.47B), while Teladoc Health Inc trades at $9.68 (market cap $1.74B). The key difference: Synopsys, Inc. is far larger — about 41.6× Teladoc Health Inc's market cap, and Teladoc Health Inc is trading nearer its 52-week high, Synopsys, Inc. nearer its low. Which is the better fit depends on your goals.
| SNPS | TDOC | |
|---|---|---|
Market Cap | $72.47B | $1.74B |
Sector | Technology | Health |
52-Week High | $645.59 | $9.72 |
52-Week Low | $378.46 | $4.47 |
Enterprise Value | $80.82B | $2.03B |
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 →Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members.
Read more on TDOC →