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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:SNPS

Synopsys Stock Forecast, Price & News

$258.92
+1.01 (+0.39 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$255.00
Now: $258.92
$260.86
50-Day Range
$224.72
MA: $248.07
$262.80
52-Week Range
$104.90
Now: $258.92
$264.62
Volume624,182 shs
Average Volume698,098 shs
Market Capitalization$39.62 billion
P/E Ratio64.09
Dividend YieldN/A
Beta1.15
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It offers Fusion Design Platform, a digital design implementation solution; 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. The company also offers 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 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, it provides 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, the company offers Platform Architect tools 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, 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; manufacturing solutions; and professional and other services. It has a collaboration with IBM Research's AI Hardware Center to advance the development of chip architectures and design methodologies critical to the next generation of AI chips. The company was founded in 1986 and is headquartered in Mountain View, California.
Synopsys logo

MarketRank

Overall MarketRank

1.63 out of 5 stars

Computer And Technology Sector

214th out of 1,259 stocks

Prepackaged Software Industry

41st out of 232 stocks

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryApplication Software
Current SymbolNASDAQ:SNPS
CUSIP87160710
Phone650-584-5000
Employees13,896

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.36 billion
Cash Flow$6.12 per share
Book Value$27.21 per share

Profitability

Net Income$532.37 million

Miscellaneous

Market Cap$39.62 billion
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$258.92
+1.01 (+0.39 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Synopsys (NASDAQ:SNPS) Frequently Asked Questions

How has Synopsys' stock price been impacted by Coronavirus?

Synopsys' stock was trading at $131.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SNPS shares have increased by 96.5% and is now trading at $258.92.
View which stocks have been most impacted by COVID-19
.

Is Synopsys a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Synopsys stock.
View analyst ratings for Synopsys
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Synopsys?

Wall Street analysts have given Synopsys a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Synopsys wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Synopsys' next earnings date?

Synopsys is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Synopsys
.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) posted its quarterly earnings data on Tuesday, December, 1st. The semiconductor company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.57 by $0.01. The semiconductor company earned $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. Synopsys had a return on equity of 14.66% and a net margin of 17.88%. The business's revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm posted $1.15 earnings per share.
View Synopsys' earnings history
.

How will Synopsys' stock buyback program work?

Synopsys announced that its Board of Directors has approved a share repurchase plan on Friday, June 19th 2020, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 1.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

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

Synopsys issued an update on its FY21 earnings guidance on Wednesday, December, 2nd. The company provided EPS guidance of $6.23-$6.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.16. The company issued revenue guidance of $4.0-$4.05 billion, compared to the consensus revenue estimate of $3.98 billion.

What price target have analysts set for SNPS?

14 equities research analysts have issued 1-year price targets for Synopsys' stock. Their forecasts range from $160.00 to $290.00. On average, they anticipate Synopsys' share price to reach $241.00 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts' price targets for Synopsys
or view Wall Street analyst' top-rated stocks.

Who are some of Synopsys' key competitors?

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), Square (SQ), salesforce.com (CRM), Advanced Micro Devices (AMD), Adobe (ADBE), Tesla (TSLA), Netflix (NFLX) and Micron Technology (MU).

Who are Synopsys' key executives?

Synopsys' management team includes the following people:
  • Dr. Aart J. de Geus, Co-Founder, Chairman & Co-CEO (Age 66, Pay $1.84M)
  • Dr. Chi-Foon Chan, Co-CEO, Pres & Director (Age 71, Pay $1.84M)
  • Mr. Trac Pham, Chief Financial Officer (Age 51, Pay $869.65k)
  • Mr. John F. Runkel Jr., Gen. Counsel & Corp. Sec. (Age 64, Pay $685.15k)
  • Mr. Joseph W. Logan, Sales & Corp. Marketing Officer (Age 60, Pay $1.13M)
  • Mr. Sassine Ghazi, Chief Operating Officer
  • Mr. Sudhindra Kankanwadi, Principal Accounting Officer, VP & Corp. Controller (Age 49)
  • Mr. Sriram Sitaraman, Chief Information Officer
  • Ms. Lisa L. Ewbank, VP of Investor Relations
  • Ms. Janet Sue Collinson, HR & Facilities Officer (Age 59)

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 many different institutional and retail investors. Top institutional investors include Ardevora Asset Management LLP (0.16%), State of Alaska Department of Revenue (0.05%), Atalanta Sosnoff Capital LLC (0.04%), Contravisory Investment Management Inc. (0.03%), Abner Herrman & Brock LLC (0.03%) and Gradient Investments LLC (0.01%). Company insiders that own Synopsys stock include Bruce R Chizen, Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, Janice Chaffin, John F Runkel Jr, John Schwarz, Joseph W Logan, Mercedes Johnson, Roy Vallee, Sassine Ghazi, Steven Walske, Sudhindra Kankanwadi and Trac Pham.
View institutional ownership trends for Synopsys
.

Which major investors are selling Synopsys stock?

SNPS stock was sold by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, State of Alaska Department of Revenue, Contravisory Investment Management Inc., First Hawaiian Bank, Monument Capital Management, Abner Herrman & Brock LLC, Raymond James Trust N.A., and Gradient Investments LLC. Company insiders that have sold Synopsys company stock in the last year include Bruce R Chizen, Chi-Foon Chan, Chrysostomos L Nikias, Janice Chaffin, John F Runkel Jr, Joseph W Logan, Mercedes Johnson, Sassine Ghazi, Steven Walske, Sudhindra Kankanwadi, and Trac Pham.
View insider buying and selling activity for Synopsys
or view top insider-selling stocks.

Which major investors are buying Synopsys stock?

SNPS stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, IFM Investors Pty Ltd, Crossmark Global Holdings Inc., Atalanta Sosnoff Capital LLC, Diversified Trust Co, Huntington National Bank, and CX Institutional.
View insider buying and selling activity for Synopsys
or or view top insider-buying stocks.

How do I buy shares of Synopsys?

Shares of SNPS 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.

What is Synopsys' stock price today?

One share of SNPS stock can currently be purchased for approximately $258.92.

How big of a company is Synopsys?

Synopsys has a market capitalization of $39.62 billion and generates $3.36 billion in revenue each year. The semiconductor company earns $532.37 million in net income (profit) each year or $3.45 on an earnings per share basis. Synopsys employs 13,896 workers across the globe.

What is Synopsys' official website?

The official website for Synopsys is www.synopsys.com.

How can I contact Synopsys?

Synopsys' mailing address is 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043. The semiconductor company can be reached via phone at 650-584-5000 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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