Synopsys Inc
NASDAQ:SNPS

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Synopsys Inc
NASDAQ:SNPS
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Price: 492.18 USD -0.24% Market Closed
Market Cap: 75.6B USD
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Synopsys Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Synopsys Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Synopsys Inc
NASDAQ:SNPS
Cash Equivalents
$1.8B
CAGR 3-Years
10%
CAGR 5-Years
22%
CAGR 10-Years
7%
Salesforce Inc
NYSE:CRM
Cash Equivalents
$8B
CAGR 3-Years
19%
CAGR 5-Years
16%
CAGR 10-Years
25%
Palantir Technologies Inc
NYSE:PLTR
Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Equivalents
$2.9B
CAGR 3-Years
0%
CAGR 5-Years
12%
CAGR 10-Years
18%
Adobe Inc
NASDAQ:ADBE
Cash Equivalents
$7.6B
CAGR 3-Years
35%
CAGR 5-Years
28%
CAGR 10-Years
26%
No Stocks Found

Synopsys Inc
Glance View

Market Cap
75.6B USD
Industry
Technology
Economic Moat
Narrow

In the tightly-knit world of semiconductor design, Synopsys Inc. stands as a titan, quietly powering the intricate process behind the chips that drive today’s technology. Founded in 1986, the California-based company has carved out a critical niche by providing Electronic Design Automation (EDA) tools, which are indispensable for chip manufacturers aiming for efficiency and precision. Think of their software as the sculptor's chisel, indispensable for crafting the silicon gardens that populate everything from smartphones to servers. Synopsys’s offerings include tools for design verification, which ensure that chips function as intended without costly rework, and for design for manufacturing, confirming designs can be reliably produced at a high yield. This software automates and streamlines complex design processes, enabling companies to reduce time-to-market and development costs—a crucial competitive edge in an industry characterized by rapid change. Synopsys thrives on a business model primarily driven by software licenses and subscriptions. Its clients, a mélange of semiconductor giants and fledgling design firms, pay for access to Synopsys’s tools, with arrangements typically spanning multiple years. Over time, this model has evolved to incorporate software-as-a-service (SaaS) elements, allowing the company to capture recurring revenue streams. Additionally, with the semiconductor landscape expanding to new horizons—augmented reality, AI, and beyond—Synopsys has diversified its portfolio to encompass IP licensing. This offering provides pre-designed and verified circuit components that clients can plug directly into their chip designs, further enhancing design speed and efficiency. In essence, Synopsys operates at the core of technological innovation, equipping engineers with the sophisticated tools and templates necessary to create the future of computing.

SNPS Intrinsic Value
373.95 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Synopsys Inc's Cash Equivalents?
Cash Equivalents
1.8B USD

Based on the financial report for Jul 31, 2024, Synopsys Inc's Cash Equivalents amounts to 1.8B USD.

What is Synopsys Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
7%

Over the last year, the Cash Equivalents growth was 9%. The average annual Cash Equivalents growth rates for Synopsys Inc have been 10% over the past three years , 22% over the past five years , and 7% over the past ten years .

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