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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Options Trading Plan–Perfect For Beginners (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Options Trading Plan–Perfect For Beginners (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Options Trading Plan–Perfect For Beginners (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months

Synopsys (SNPS) Stock Forecast, Price & News

$446.85
+2.58 (+0.58%)
(As of 09/22/2023 ET)
Compare
Today's Range
$446.18
$454.47
50-Day Range
$424.10
$466.86
52-Week Range
$267.00
$471.15
Volume
577,864 shs
Average Volume
734,220 shs
Market Capitalization
$67.97 billion
P/E Ratio
66.99
Dividend Yield
N/A
Price Target
$462.50

Synopsys MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
3.5% Upside
$462.50 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.87mentions of Synopsys in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$4.63 M Sold Last Quarter
Proj. Earnings Growth
11.44%
From $7.87 to $8.77 Per Share

Overall MarketRank

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

2.41 out of 5 stars

Computer And Technology Sector

236th out of 586 stocks

Prepackaged Software Industry

59th out of 203 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 Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers 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, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; 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 HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as a series of tools used in the design of optical systems and photonic devices. Further, it provides 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. The company serves electronics, financial services, automotive, medicine, energy, and industrial areas. It has a strategic partnership with Intel Corporation to develop EDA and IP solutions. Synopsys, Inc. was incorporated in 1986 and is headquartered in Mountain View, California.

SNPS Price History

SNPS Stock News Headlines

Is NVIDIA Leading a "Magnificent Seven Bubble"?
The world’s massive tech leaders may be in a bubble, led by NVIDIA’s enormous rise this year. What happens next could affect all stocks. 
Keysight and Synopsys Partner for IoT Device Cybersecurity
Synopsys (SNPS) Unveils IP Compatible With Intel's PCIe 6.0
Synopsys Aims to Advance IC Design Workforce in Vietnam
Is NVIDIA Leading a "Magnificent Seven Bubble"?
The world’s massive tech leaders may be in a bubble, led by NVIDIA’s enormous rise this year. What happens next could affect all stocks. 
Semiconductor R&D Spending By Country: Top 12
Why Synopsys (SNPS) is a Top Growth Stock for the Long-Term
Here's Why Synopsys (SNPS) is a Strong Momentum Stock
Synopsys Inc SNPS Stock Quote
Synopsys, Inc. (SNPS)
Want to Buy the Dip? Check Out These 3 Top Ranked Stocks
Synopsys (SNPS) Upgraded to Strong Buy: Here's Why
Would You Dare Invest in Synopsys (SNPS)?
List of 55 Artificial Intelligence Companies in USA
See More Headlines
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SNPS Company Calendar

Last Earnings
8/16/2023
Today
9/24/2023
Fiscal Year End
10/31/2023
Next Earnings (Estimated)
11/29/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:SNPS
CUSIP
87160710
Employees
19,000
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$462.50
High Stock Price Forecast
$515.00
Low Stock Price Forecast
$400.00
Forecasted Upside/Downside
+3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$984.59 million
Pretax Margin
19.98%

Debt

Sales & Book Value

Annual Sales
$5.08 billion
Cash Flow
$8.41 per share
Book Value
$39.21 per share

Miscellaneous

Free Float
151,051,000
Market Cap
$67.97 billion
Optionable
Optionable
Beta
1.11

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Key Executives

  • Dr. Aart J. de Geus (Age 69)
    Co-Founder, Chairman & CEO
    Comp: $3.14M
  • Mr. Sassine  GhaziMr. Sassine Ghazi (Age 53)
    Pres, COO & Director
    Comp: $2.5M
  • Mr. John F. Runkel Jr. (Age 67)
    Gen. Counsel & Corp. Sec.
    Comp: $956.55k
  • Ms. Shelagh Glaser (Age 59)
    Chief Financial Officer
  • Mr. Sudhindra Kankanwadi (Age 52)
    Sr. VP of Fin., Chief Accounting Officer & Corp. Controller
  • Mr. Sriram Sitaraman
    Sr. VP & Chief Information Officer
  • Ms. Ann Minooka
    Chief Marketing Officer
  • Ms. Jill Larsen (Age 49)
    Chief People Officer
  • Ms. Deirdre R. Hanford (Age 60)
    Chief Security Officer
  • Mr. John Koeter
    Sr. VP of Marketing and Strategy













SNPS Stock - Frequently Asked Questions

Should I buy or sell Synopsys stock right now?

11 Wall Street equities 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 equities research analysts is that investors should "moderate buy" SNPS shares.
View SNPS analyst ratings
or view top-rated stocks.

What is Synopsys' stock price forecast for 2023?

11 Wall Street research analysts have issued 12 month price objectives for Synopsys' stock. Their SNPS share price forecasts range from $400.00 to $515.00. On average, they predict the company's share price to reach $462.50 in the next twelve months. This suggests a possible upside of 3.5% 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 2023?

Synopsys' stock was trading at $319.29 at the beginning of the year. Since then, SNPS shares have increased by 40.0% and is now trading at $446.85.
View the best growth stocks for 2023 here
.

Are investors shorting Synopsys?

Synopsys saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,210,000 shares, an increase of 25.1% from the August 15th total of 966,900 shares. Based on an average daily trading volume, of 865,700 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the company's stock are short sold.
View Synopsys' Short Interest
.

When is Synopsys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023.
View our SNPS earnings forecast
.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) announced its quarterly earnings data on Wednesday, August, 16th. The semiconductor company reported $2.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.74 by $0.14. The semiconductor company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.48 billion. Synopsys had a net margin of 18.71% and a trailing twelve-month return on equity of 18.01%. Synopsys's quarterly revenue was up 19.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.43 earnings per share.
Read the conference call transcript
.

How will Synopsys' stock buyback program work?

Synopsys declared that its board has authorized a stock buyback program 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 buy up to 2.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

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

Synopsys updated its FY23 earnings guidance on Wednesday, August, 16th. The company provided EPS guidance of $11.04-11.09 for the period, compared to the consensus estimate of $10.82. The company issued revenue guidance of $5.81-5.84 billion, compared to the consensus revenue estimate of $5.82 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 retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (27.41%), BlackRock Inc. (7.72%), State Street Corp (4.39%), Capital World Investors (4.07%), Franklin Resources Inc. (2.35%) and Geode Capital Management LLC (1.91%). 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, Richard S Mahoney, 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 $446.85.

How much money does Synopsys make?

Synopsys (NASDAQ:SNPS) has a market capitalization of $67.97 billion and generates $5.08 billion in revenue each year. The semiconductor company earns $984.59 million in net income (profit) each year or $6.67 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 9/24/2023 by MarketBeat.com Staff

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