QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
Top-Rated StocksTop-Rated
NASDAQ:SNPS

Synopsys (SNPS) Stock Forecast, Price & News

$443.84
-6.32 (-1.40%)
(As of 06/6/2023 ET)
Compare
Today's Range
$442.74
▼
$450.88
50-Day Range
$364.53
▼
$464.83
52-Week Range
$267.00
▼
$468.03
Volume
1.15 million shs
Average Volume
848,674 shs
Market Capitalization
$67.55 billion
P/E Ratio
74.85
Dividend Yield
N/A
Price Target
$434.70
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Synopsys MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
2.1% Downside
$434.70 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.55mentions of Synopsys in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$5 M Sold Last Quarter
Proj. Earnings Growth
8.38%
From $7.52 to $8.15 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Computer And Technology Sector

339th out of 606 stocks

Prepackaged Software Industry

102nd out of 211 stocks

See Top Rated MarketRank™ Stocks Here

SNPS stock logo

About Synopsys (NASDAQ:SNPS) Stock

Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It operates through the following segments: Semiconductor and System Design, and Software Integrity. The Semiconductor and System Design segment includes the EDA, IP and System Integration. The Software Integrity segment helps organizations align people, processes, and technology to intelligently address software risks across their portfolio and at all stages of the application lifecycle. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.

Receive SNPS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Synopsys and its competitors with MarketBeat's FREE daily newsletter.

SNPS Stock News Headlines

June 6, 2023 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: Synopsys (SNPS), Lam Research (LRCX) and Alphabet Class A (GOOGL)
June 6, 2023 | americanbankingnews.com
Synopsys, Inc. Expected to Earn Q3 2023 Earnings of $1.92 Per Share (NASDAQ:SNPS)
June 6, 2023 | Behind the Markets (Ad)
⚡ 2,467% Return on Israeli Laser Company?
This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.
June 5, 2023 | markets.businessinsider.com
The Latest Analyst Ratings for Synopsys
June 5, 2023 | msn.com
Wells Fargo Maintains Synopsys (SNPS) Overweight Recommendation
June 2, 2023 | finance.yahoo.com
Synopsys Needs to Catch Its Breath Before Making Further Gains
June 2, 2023 | americanbankingnews.com
John F. Runkel, Jr. Sells 1,831 Shares of Synopsys, Inc. (NASDAQ:SNPS) Stock
June 2, 2023 | finance.yahoo.com
Synopsys Blasted From This Bullish Pattern Found In Many Market Winners
June 6, 2023 | Behind the Markets (Ad)
⚡ 2,467% Return on Israeli Laser Company?
This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.
June 1, 2023 | americanbankingnews.com
Synopsys, Inc. (NASDAQ:SNPS) CAO Sudhindra Kankanwadi Sells 3,895 Shares of Stock
May 31, 2023 | forbes.com
Evident In Its Recent Earnings That Synopsys Reaping The Rewards Of Its Long-Term AI Investments
May 31, 2023 | finance.yahoo.com
What Makes Synopsys (SNPS) a Strong Momentum Stock: Buy Now?
May 30, 2023 | msn.com
Synopsys strengthens AI-enhanced collaboration with Arm
May 29, 2023 | finance.yahoo.com
Synopsys and Arm Strengthen Collaboration for Faster Bring-Up of Next-Generation Mobile SoC Designs on the Most Advanced Nodes
May 28, 2023 | fool.com
Synopsys (NASDAQ: SNPS)
May 27, 2023 | markets.businessinsider.com
Synopsys Announces Accelerated Share Repurchase Agreement - Quick Facts
May 26, 2023 | americanbankingnews.com
John F. Runkel, Jr. Sells 2,142 Shares of Synopsys, Inc. (NASDAQ:SNPS) Stock
May 25, 2023 | msn.com
Why Synopsys Shares Are Shooting Higher Today
May 25, 2023 | msn.com
Synopsys initiates $300M accelerated share repurchase agreement
May 25, 2023 | marketwatch.com
Synopsys in $300M Accelerated Stock Buyback Deal With Mizuho >SNPS
May 25, 2023 | msn.com
Synopsys Unusual Options Activity For May 25
May 23, 2023 | msn.com
Here's How Much $100 Invested In Synopsys 15 Years Ago Would Be Worth Today
May 23, 2023 | finance.yahoo.com
Synopsys Named a Leader in the 2023 Gartner® Magic Quadrant™ for Application Security Testing for Seventh Consecutive Year
May 22, 2023 | finance.yahoo.com
3 Intriguing Tech Stocks to Buy After Earnings
May 22, 2023 | forbes.com
Synopsys Lays Out The Benefits Of AI
May 22, 2023 | finance.yahoo.com
Here's How Much a $1000 Investment in Synopsys Made 10 Years Ago Would Be Worth Today
May 22, 2023 | americanbankingnews.com
Synopsys (NASDAQ:SNPS) Earns Buy Rating from Analysts at StockNews.com
See More Headlines

SNPS Price History

SNPS Company Calendar

Last Earnings
5/17/2023
Today
6/06/2023
Next Earnings (Estimated)
8/16/2023
Fiscal Year End
10/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
Application Software
Sector
Computer and Technology
Current Symbol
NASDAQ:SNPS
CUSIP
87160710
CIK
883241
Web
www.synopsys.com
Phone
(650) 584-5000
Fax
650-965-8637
Employees
19,000
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$434.70
High Stock Price Forecast
$467.00
Low Stock Price Forecast
$400.00
Forecasted Upside/Downside
-2.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.93
Trailing P/E Ratio
75.06
Forward P/E Ratio
59.19
P/E Growth
3.83
Net Income
$984.59 million
Net Margins
17.41%
Pretax Margin
19.27%
Return on Equity
16.29%
Return on Assets
9.66%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.15
Quick Ratio
1.06

Sales & Book Value

Annual Sales
$5.08 billion
Price / Sales
13.33
Cash Flow
$8.33 per share
Price / Cash Flow
53.43
Book Value
$36.10 per share
Price / Book
12.33

Miscellaneous

Outstanding Shares
152,200,000
Free Float
151,150,000
Market Cap
$67.74 billion
Optionable
Optionable
Beta
1.17

Social Links


Key Executives

  • Aart J. de Geus
    Chairman & Co-Chief Executive Officer
  • Chi-Foon ChanChi-Foon Chan
    Co-Chief Executive Officer
  • Sassine GhaziSassine Ghazi
    President & Chief Operating Officer
  • Shelagh M. Glaser
    Chief Financial Officer
  • Sriram Sitaraman
    Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SNPS Stock - Frequently Asked Questions

Should I buy or sell Synopsys stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SNPS shares.
View SNPS analyst ratings or view top-rated stocks.

What is Synopsys' stock price forecast for 2023?

11 Wall Street analysts have issued 1-year price objectives for Synopsys' shares. Their SNPS share price forecasts range from $400.00 to $467.00. On average, they anticipate the company's stock price to reach $434.70 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
View analysts price targets for SNPS or view top-rated stocks among Wall Street analysts.

How have SNPS shares performed in 2023?

Synopsys' stock was trading at $319.29 at the beginning of 2023. Since then, SNPS stock has increased by 39.4% and is now trading at $445.08.
View the best growth stocks for 2023 here.

When is Synopsys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023.
View our SNPS earnings forecast.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) released its quarterly earnings results on Wednesday, May, 17th. The semiconductor company reported $2.54 EPS for the quarter, topping the consensus estimate of $2.47 by $0.07. The semiconductor company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.38 billion. Synopsys had a net margin of 17.41% and a trailing twelve-month return on equity of 16.29%. Synopsys's revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $1.89 EPS.
Read the conference call transcript.

What ETFs hold Synopsys' stock?

ETFs with the largest weight of Synopsys (NASDAQ:SNPS) stock in their portfolio include ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), Invesco Dynamic Software ETF (PSJ), Franklin Intelligent Machines ETF (IQM), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco Focused Discovery Growth ETF (IVDG), BlackRock Future Tech ETF (BTEK), VanEck Semiconductor ETF (SMH) and iShares Expanded Tech-Software Sector ETF (IGV).

How will Synopsys' stock buyback program work?

Synopsys declared that its board has authorized a share buyback program on Thursday, September 1st 2022, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

What guidance has Synopsys issued on next quarter's earnings?

Synopsys issued an update on its FY23 earnings guidance on Wednesday, May, 17th. The company provided earnings per share (EPS) guidance of $10.77-$10.84 for the period, compared to the consensus estimate of $10.58. The company issued revenue guidance of $5.79-$5.83 billion, compared to the consensus revenue estimate of $5.80 billion.

What is Dr. Aart J. de Geus and Dr. Chi-Foon Chan's approval rating as Synopsys' CEO?

1,170 employees have rated Synopsys Chief Executive Officer Dr. Aart J. de Geus and Dr. Chi-Foon Chan on Glassdoor.com. Dr. Aart J. de Geus and Dr. Chi-Foon Chan has an approval rating of 95% among the company's employees. This puts Dr. Aart J. de Geus and Dr. Chi-Foon Chan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Synopsys own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Synopsys investors own include NVIDIA (NVDA), PayPal (PYPL), Alibaba Group (BABA), Block (SQ), Salesforce (CRM), Advanced Micro Devices (AMD), Adobe (ADBE), Tesla (TSLA), Netflix (NFLX) and Micron Technology (MU).

What is Synopsys' stock symbol?

Synopsys trades on the NASDAQ under the ticker symbol "SNPS."

Who are Synopsys' major shareholders?

Synopsys' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.36%), State Street Corp (4.27%), Price T Rowe Associates Inc. MD (3.70%), JPMorgan Chase & Co. (3.07%), Franklin Resources Inc. (2.42%) and FMR LLC (2.26%). Insiders that own company stock include Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, Janice Chaffin, John F Runkel Jr, Joseph W Logan, Mercedes Johnson, Roy Vallee, Sassine Ghazi, Steven Walske, Sudhindra Kankanwadi and Trac Pham.
View institutional ownership trends.

How do I buy shares of Synopsys?

Shares of SNPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Synopsys' stock price today?

One share of SNPS stock can currently be purchased for approximately $445.08.

How much money does Synopsys make?

Synopsys (NASDAQ:SNPS) has a market capitalization of $67.74 billion and generates $5.08 billion in revenue each year. The semiconductor company earns $984.59 million in net income (profit) each year or $5.93 on an earnings per share basis.

How many employees does Synopsys have?

The company employs 19,000 workers across the globe.

Does Synopsys have any subsidiaries?
The following companies are subsidiares of Synopsys: Accelerant Networks, Advanced Test Technology Inc., Analog Design Automation, Arcad SA, ArchPro Design Automation, Avant! Corp., Black Duck Software, Black Duck Software Inc., Cadis GmbH, Cascade Semiconductor Solutions, Chipidea Microelectrónica, Cigital, CiraNova, Co-Design Automation, CoWare, Codenomicon, Codiscope, Compiled Designs GmbH, Conversant Intellectual Property Management, Coverity, Coverity LLC, EPIC Design Technology, Elliptic Technologies, Emulation and Verification Engineering, Everest Design Automation, ExperTest, ExpertIO, Extreme DA, Forcheck, Gambit Automated Design, Gemini Design Technology, Goanna Software, Gold Standard Simulations, HPL Technologies Inc., InnoLogic Systems, Integrated Systems Engineering, Kilopass Technology, LEDA Systems, Leda SA, Logic Modeling Corporation, Magma Design Automation, MoSys Inc., Monterey Design Systems, Moortec Semiconductor, Nassda, Nihon Synopsys G.K., Numerical Technologies Inc., Nusym Technology, Optical Research Associates, PhoeniX Software, Pro Design Electronic - CHIPit, Progressant Technologies, Protecode, QTronic GmbH, QuantumWise, RSoft Design Group, Radiant Design Tools, SIGMA-C Software AG, SNPS Ireland New Limited, Sandwork Design Inc., Sidense, Silicon Architects, Simpleware, Smartech Oy, SpringSoft, Stanza Systems, Synfora, Synopsys (India) Private Limited, Synopsys Emulation and Verification S.A.S., Synopsys Global Kft., Synopsys International Limited, Synopsys International Old Unlimited Company, Synopsys International Services Inc., Synopsys Ireland New Limited, Synopsys Ireland Unlimited Company, Synopsys Korea Inc., Synopsys Netherlands B.V., Synopsys Taiwan Co. Ltd., Synopsys Technologies Company Limited, Synopsys Technologies Holding LLC, Synopsys USIE Holdings LLC, Synplicity Inc, Systems Science, Target Compiler Technologies, Terrain EDA, Tinfoil Security, TriCN Associates, VaST Systems Technology, Viewlogic Systems, Virage Logic Corporation, Virtio, WinterLogic, ZEROSOFT, inSilicon Corp., and nSys Design Systems.
Read More
How can I contact Synopsys?

Synopsys' mailing address is 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043. The official website for the company is www.synopsys.com. The semiconductor company can be reached via phone at (650) 584-5000, via email at synopsys-ir@synopsys.com, or via fax at 650-965-8637.

This page (NASDAQ:SNPS) was last updated on 6/6/2023 by MarketBeat.com Staff

My Account -