Where Does Synopsys Stock Rank Among Competitors?

SNPS: Synopsys logo
SNPS
Synopsys

Synopsys stock has underperformed its top peers over the past year, but how does it measure up against those rapidly scaling in AI chip design? A closer look reveals robust profitability and moderate valuation, though its revenue growth has lagged some competitors. The recent Nvidia investment and Ansys acquisition provide significant AI-driven design upside, balanced by integration risks and IP headwinds.

  • SNPS’s 17.2% op margin, though strong, trails RMBS (36.5%), reflecting its EDA/software model versus RMBS’s high-margin IP licensing.
  • SNPS’s 8.0% LTM revenue growth, moderate for EDA, lags AI-driven AMD, reflecting core market pace versus hyper-growth segments.
  • SNPS’s 21.5% stock drop, underperforming peers, with a 41.1 PE, reflects IP headwinds and muted mobile/PC recovery despite AI-driven EDA potential.

Here’s how Synopsys stacks up across size, valuation, and profitability versus key peers.

  SNPS AMD CDNS ADSK RMBS MBLY
Market Cap ($ Bil) 70.2 357.3 84.0 65.0 10.1 9.4
Revenue ($ Bil) 6.4 32.0 5.2 6.6 0.7 1.9
PE Ratio 41.1 79.6 89.8 63.2 49.0 -34.2
LTM Revenue Growth 8.0% 31.8% 19.7% 13.8% 31.0% 7.6%
LTM Operating Margin 17.2% 9.4% 31.5% 22.9% 36.5% -19.9%
LTM FCF Margin 20.2% 17.0% 28.4% 28.0% 43.1% 32.4%
12M Market Return -21.5% 60.2% 0.9% 4.5% 62.9% -36.1%

For more details on Synopsys, read Buy or Sell SNPS Stock. Below we compare SNPS’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
SNPS 8.0% 15.2% 15.2% 9.8%
AMD 31.8% 13.7% -3.9% 43.6%
CDNS 19.7% 13.5% 14.8% 19.2%
ADSK 13.8% 11.5% 9.8% 14.1%  
RMBS 31.0% 20.7% 1.4% 38.5%
MBLY 7.6% -20.4% 11.2% 34.8%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
SNPS 17.2% 22.1% 24.9% 25.1%
AMD 9.4% 8.1% 1.8% 5.4%
CDNS 31.5% 29.6% 30.9% 30.1%
ADSK 22.9% 22.3% 20.5% 19.8%  
RMBS 36.5% 32.2% 19.8% 17.6%
MBLY -19.9% -32.0% -1.6% -2.0%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
SNPS 41.1 32.8 63.7 49.6
AMD 79.6 119.2 278.6 76.6
CDNS 89.8 77.2 70.5 51.3
ADSK 63.2 57.1 57.5 49.0  
RMBS 49.0 31.6 22.1 -274.0
MBLY -34.2 -5.2 -1291.6 -324.5

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