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S&P 500   4,026.12
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Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
US-England World Cup game seen by 19.98M on US television
Bird flu prompts slaughter of 1.8M chickens in Nebraska
NASDAQ:SNPS

Synopsys - SNPS Stock Forecast, Price & News

$332.64
-1.65 (-0.49%)
(As of 11/25/2022 12:00 AM ET)
Add
Compare
Today's Range
$331.79
$334.82
50-Day Range
$276.19
$334.29
52-Week Range
$255.02
$391.17
Volume
247,503 shs
Average Volume
789,040 shs
Market Capitalization
$50.86 billion
P/E Ratio
50.48
Dividend Yield
N/A
Price Target
$404.54

Synopsys MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
21.6% Upside
$404.54 Price Target
Short Interest
Healthy
1.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.24
Upright™ Environmental Score
News Sentiment
0.21mentions of Synopsys in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.58%
From $6.42 to $7.42 Per Share

Overall MarketRank

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

2.55 out of 5 stars

Computer And Technology Sector

125th out of 633 stocks

Prepackaged Software Industry

43rd out of 221 stocks

SNPS stock logo

About Synopsys (NASDAQ:SNPS) Stock

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.

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SNPS Stock News Headlines

Synopsys (NASDAQ:SNPS) PT Lowered to $400.00
Synopsys (SNPS) Stock Moves -0.33%: What You Should Know
Synopsys (NASDAQ:SNPS) Now Covered by Analysts at Edward Jones
Synopsys (SNPS) Stock Moves -0.51%: What You Should Know
Synopsys (SNPS) Stock Moves -0.65%: What You Should Know
SiFive and Synopsys Collaborate to Accelerate SoC Design
SNPS or CDNS: Which Is the Better Value Stock Right Now?
Synopsys (NASDAQ:SNPS) Releases Q4 2022 Earnings Guidance
Form 8-K SYNOPSYS INC For: Oct 13 - StreetInsider.com
SNPS Crosses Below Key Moving Average Level
See More Headlines
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SNPS Company Calendar

Last Earnings
12/01/2021
Today
11/27/2022
Next Earnings (Confirmed)
11/30/2022
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:SNPS
CUSIP
87160710
Employees
16,361
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$404.54
High Stock Price Forecast
$455.00
Low Stock Price Forecast
$350.00
Forecasted Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$757.52 million
Pretax Margin
22.27%

Debt

Sales & Book Value

Annual Sales
$4.20 billion
Cash Flow
$6.73 per share
Book Value
$34.75 per share

Miscellaneous

Free Float
151,076,000
Market Cap
$50.86 billion
Optionable
Optionable
Beta
1.18

Social Links


Key Executives

  • Dr. Aart J. de Geus (Age 68)
    Co-Founder, Chairman & CEO
    Comp: $2.97M
  • Mr. Sassine GhaziMr. Sassine Ghazi (Age 51)
    Pres & COO
    Comp: $4.78M
  • Mr. Trac PhamMr. Trac Pham (Age 53)
    Chief Financial Officer
    Comp: $1.37M
  • Mr. John F. Runkel Jr. (Age 66)
    Gen. Counsel & Corp. Sec.
    Comp: $987.7k
  • Mr. Joseph W. LoganMr. Joseph W. Logan (Age 62)
    Advisor
    Comp: $1.67M
  • Mr. Sudhindra Kankanwadi (Age 51)
    Sr. VP of Fin., Chief Accounting Officer & Corp. Controller
  • Mr. Sriram Sitaraman
    Chief Information Officer
  • Ms. Lisa L. Ewbank
    VP of Investor Relations
  • Erika Varga McEnroe
    Deputy Gen. Counsel and Chief Ethics & Compliance Officer
  • Mr. Michael Sanie
    Sr. VP of Enterprise Marketing & Communications













SNPS Stock - Frequently Asked Questions

Should I buy or sell Synopsys stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last twelve months. There are currently 3 hold ratings 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?

13 analysts have issued 1-year price objectives for Synopsys' shares. Their SNPS share price forecasts range from $350.00 to $455.00. On average, they predict the company's share price to reach $404.54 in the next year. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for SNPS
or view top-rated stocks among Wall Street analysts.

How have SNPS shares performed in 2022?

Synopsys' stock was trading at $368.50 at the beginning of the year. Since then, SNPS stock has decreased by 9.7% and is now trading at $332.64.
View the best growth stocks for 2022 here
.

When is Synopsys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 30th 2022.
View our SNPS earnings forecast
.

How can I listen to Synopsys' earnings call?

Synopsys will be holding an earnings conference call on Wednesday, November 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6444570".

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) released its quarterly earnings results on Wednesday, December, 1st. The semiconductor company reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.78 by $0.04. The semiconductor company earned $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. Synopsys had a trailing twelve-month return on equity of 18.29% and a net margin of 20.86%. The company's revenue was up 12.4% on a year-over-year basis. During the same period last year, the firm earned $1.26 EPS.
Read the conference call transcript
.

How will Synopsys' stock buyback program work?

Synopsys announced that its Board of Directors has authorized a stock repurchase plan on Thursday, September 1st 2022, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

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

Synopsys updated its fourth quarter 2022 earnings guidance on Thursday, October, 27th. The company provided earnings per share (EPS) guidance of $1.80-$1.85 for the period, compared to the consensus EPS estimate of $1.84. The company issued revenue guidance of $1.26 billion-$1.29 billion, compared to the consensus revenue estimate of $1.28 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 investors include Vanguard Group Inc. (10.10%), BlackRock Inc. (8.64%), Price T Rowe Associates Inc. MD (4.53%), State Street Corp (4.02%), Pictet Asset Management SA (1.90%) and Massachusetts Financial Services Co. MA (1.41%). Insiders that own company stock include Bruce R Chizen, 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 $332.64.

How much money does Synopsys make?

Synopsys (NASDAQ:SNPS) has a market capitalization of $50.86 billion and generates $4.20 billion in revenue each year. The semiconductor company earns $757.52 million in net income (profit) each year or $6.59 on an earnings per share basis.

How many employees does Synopsys have?

The company employs 16,361 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 11/27/2022 by MarketBeat.com Staff