NOW
Price
$757.56
Change
-$11.03 (-1.44%)
Updated
Apr 15, 9:31 AM EST
9 days until earnings call
SNPS
Price
$557.16
Change
-$4.81 (-0.86%)
Updated
Apr 12, 6:59 PM EST
37 days until earnings call
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Analysis and predictions NOW vs SNPS

Header iconNOW vs SNPS Comparison
Open Charts NOW vs SNPSBanner chart's image
SERVICENOW
Price$757.56
Change-$11.03 (-1.44%)
Volume$200
CapitalizationN/A
Synopsys
Price$557.16
Change-$4.81 (-0.86%)
Volume$342.08K
CapitalizationN/A
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NOW vs SNPS Comparison Chart

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NOWDaily Signal changed days agoGain/Loss if shorted
 
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SNPSDaily Signal changed days agoGain/Loss if shorted
 
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NOW vs. SNPS commentary
Apr 15, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NOW is a Buy and SNPS is a Sell.

COMPARISON
Comparison
Apr 15, 2024
Stock price -- (NOW: $768.37 vs. SNPS: $576.75)
Brand notoriety: NOW: Notable vs. SNPS: Not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: NOW: 54% vs. SNPS: 48%
Market capitalization -- NOW: $156.29B vs. SNPS: $87.98B
NOW [@Packaged Software] is valued at $156.29B. SNPS’s [@Packaged Software] market capitalization is $87.98B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $10.44B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NOW’s FA Score shows that 1 FA rating(s) are green whileSNPS’s FA Score has 1 green FA rating(s).

  • NOW’s FA Score: 1 green, 4 red.
  • SNPS’s FA Score: 1 green, 4 red.
According to our system of comparison, SNPS is a better buy in the long-term than NOW.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NOW’s TA Score shows that 4 TA indicator(s) are bullish while SNPS’s TA Score has 3 bullish TA indicator(s).

  • NOW’s TA Score: 4 bullish, 5 bearish.
  • SNPS’s TA Score: 3 bullish, 3 bearish.
According to our system of comparison, SNPS is a better buy in the short-term than NOW.

Price Growth

NOW (@Packaged Software) experienced а -0.81% price change this week, while SNPS (@Packaged Software) price change was -1.30% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +0.93%. For the same industry, the average monthly price growth was +3.12%, and the average quarterly price growth was +13.69%.

Reported Earning Dates

NOW is expected to report earnings on Apr 24, 2024.

SNPS is expected to report earnings on May 22, 2024.

Industries' Descriptions

@Packaged Software (+0.93% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
A.I.dvisor published
a Summary for NOW with price predictions.
OPEN
A.I.dvisor published
a Summary for SNPS with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
NOW($156B) has a higher market cap than SNPS($88B). NOW has higher P/E ratio than SNPS: NOW (91.26) vs SNPS (63.66). SNPS YTD gains are higher at: 12.010 vs. NOW (8.759). SNPS has higher annual earnings (EBITDA): 1.74B vs. NOW (1.59B). NOW has more cash in the bank: 4.88B vs. SNPS (1.27B). SNPS has less debt than NOW: SNPS (670M) vs NOW (2.28B). NOW has higher revenues than SNPS: NOW (8.97B) vs SNPS (6.13B).
NOWSNPSNOW / SNPS
Capitalization156B88B177%
EBITDA1.59B1.74B91%
Gain YTD8.75912.01073%
P/E Ratio91.2663.66143%
Revenue8.97B6.13B146%
Total Cash4.88B1.27B383%
Total Debt2.28B670M341%
FUNDAMENTALS RATINGS
NOW vs SNPS: Fundamental Ratings
NOW
SNPS
OUTLOOK RATING
1..100
1976
VALUATION
overvalued / fair valued / undervalued
1..100
87
Overvalued
84
Overvalued
PROFIT vs RISK RATING
1..100
193
SMR RATING
1..100
3843
PRICE GROWTH RATING
1..100
4144
P/E GROWTH RATING
1..100
9562
SEASONALITY SCORE
1..100
50n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

SNPS's Valuation (84) in the Packaged Software industry is in the same range as NOW (87) in the Information Technology Services industry. This means that SNPS’s stock grew similarly to NOW’s over the last 12 months.

SNPS's Profit vs Risk Rating (3) in the Packaged Software industry is in the same range as NOW (19) in the Information Technology Services industry. This means that SNPS’s stock grew similarly to NOW’s over the last 12 months.

NOW's SMR Rating (38) in the Information Technology Services industry is in the same range as SNPS (43) in the Packaged Software industry. This means that NOW’s stock grew similarly to SNPS’s over the last 12 months.

NOW's Price Growth Rating (41) in the Information Technology Services industry is in the same range as SNPS (44) in the Packaged Software industry. This means that NOW’s stock grew similarly to SNPS’s over the last 12 months.

SNPS's P/E Growth Rating (62) in the Packaged Software industry is somewhat better than the same rating for NOW (95) in the Information Technology Services industry. This means that SNPS’s stock grew somewhat faster than NOW’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
NOWSNPS
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bullish Trend 15 days ago
79%
Bearish Trend 15 days ago
55%
Momentum
ODDS (%)
Bullish Trend 15 days ago
77%
Bullish Trend 15 days ago
74%
MACD
ODDS (%)
Bearish Trend 15 days ago
66%
Bearish Trend 15 days ago
54%
TrendWeek
ODDS (%)
Bearish Trend 15 days ago
61%
Bearish Trend 15 days ago
50%
TrendMonth
ODDS (%)
Bullish Trend 15 days ago
68%
Bullish Trend 15 days ago
72%
Advances
ODDS (%)
Bullish Trend 15 days ago
71%
Bullish Trend 26 days ago
73%
Declines
ODDS (%)
Bearish Trend about 1 month ago
58%
Bearish Trend 19 days ago
50%
BollingerBands
ODDS (%)
Bullish Trend 15 days ago
76%
N/A
Aroon
ODDS (%)
Bearish Trend 15 days ago
77%
Bullish Trend 15 days ago
78%
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NOWDaily Signal changed days agoGain/Loss if shorted
 
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SNPSDaily Signal changed days agoGain/Loss if shorted
 
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SNPS and

Correlation & Price change

A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPS jumps, then CDNS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SNPS
1D Price
Change %
SNPS100%
+0.92%
CDNS - SNPS
87%
Closely correlated
+0.26%
NOW - SNPS
62%
Loosely correlated
+0.78%
CLSK - SNPS
55%
Loosely correlated
-12.42%
RIOT - SNPS
53%
Loosely correlated
-6.29%
ADBE - SNPS
53%
Loosely correlated
-0.49%
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