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NASDAQ:SNPSSynopsys Stock Price, Forecast & News

$201.85
-0.95 (-0.47 %)
(As of 08/4/2020 04:00 PM ET)
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Today's Range
$199.45
Now: $201.85
$202.80
50-Day Range
$184.05
MA: $194.74
$202.80
52-Week Range
$104.90
Now: $201.85
$204.90
Volume560,513 shs
Average Volume722,861 shs
Market Capitalization$30.39 billion
P/E Ratio65.75
Dividend YieldN/A
Beta1.16
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits (ICs). It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform, which 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 testing tools, services, and programs, which include security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate defects in the software development lifecycle; manufacturing solutions for semiconductor manufacturers to develop fabrication processes; and professional and other services. Synopsys, Inc. has collaboration with Palma Ceia SemiDesign, Inc. to provide ready-to-use NB-IoT solution. The company was founded in 1986 and is headquartered in Mountain View, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.36 billion
Cash Flow$5.28 per share
Book Value$27.21 per share

Profitability

Net Income$532.37 million

Miscellaneous

Employees13,896
Market Cap$30.39 billion
Next Earnings Date8/19/2020 (Estimated)
OptionableOptionable
$201.85
-0.95 (-0.47 %)
(As of 08/4/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Synopsys (NASDAQ:SNPS) Frequently Asked Questions

How has Synopsys' stock been impacted by COVID-19 (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 53.2% and is now trading at $201.85.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Synopsys?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Synopsys
.

When is Synopsys' next earnings date?

Synopsys is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020.
View our earnings forecast for Synopsys
.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) issued its earnings results on Wednesday, May, 20th. The semiconductor company reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.23. The semiconductor company earned $861.33 million during the quarter, compared to analyst estimates of $836.52 million. Synopsys had a net margin of 13.96% and a return on equity of 11.53%. Synopsys's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 EPS.
View Synopsys' earnings history
.

How will Synopsys' stock buyback program work?

Synopsys announced that its Board of Directors has approved a stock repurchase plan on Friday, June 19th 2020, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 1.7% of its stock through open market purchases. Stock repurchase plans 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 updated its FY20 earnings guidance on Wednesday, May, 20th. The company provided earnings per share (EPS) guidance of $5.21-5.28 for the period, compared to the Thomson Reuters consensus estimate of $5.22. The company issued revenue guidance of $3.60-3.65 billion, compared to the consensus revenue estimate of $3.62 billion.

What price target have analysts set for SNPS?

13 brokerages have issued 12 month price targets for Synopsys' shares. Their forecasts range from $160.00 to $210.00. On average, they expect Synopsys' stock price to reach $190.54 in the next year. This suggests that the stock has a possible downside of 5.6%.
View analysts' price targets for Synopsys
.

Has Synopsys been receiving favorable news coverage?

News articles about SNPS stock have trended somewhat negative this week, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Synopsys earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.
View the latest news about Synopsys
.

Are investors shorting Synopsys?

Synopsys saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,840,000 shares, a decline of 7.5% from the June 30th total of 1,990,000 shares. Based on an average daily volume of 963,800 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.2% of the company's shares are sold short.
View Synopsys' Current Options Chain
.

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), salesforce.com (CRM), Advanced Micro Devices (AMD), Adobe (ADBE), Shopify (SHOP), Micron Technology (MU), Walt Disney (DIS) and Netflix (NFLX).

Who are Synopsys' key executives?

Synopsys' management team includes the following people:
  • Dr. Aart J. de Geus, Co-Founder, Chairman & Co-CEO (Age 65)
  • Dr. Chi-Foon Chan, Co-CEO, Pres & Director (Age 70)
  • Mr. Trac Pham, Chief Financial Officer (Age 50)
  • Mr. John F. Runkel Jr., Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Joseph W. Logan, Sales & Corp. Marketing 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 a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.62%), Congress Asset Management Co. MA (0.40%), First Trust Advisors LP (0.40%), Robeco Institutional Asset Management B.V. (0.30%), Ardevora Asset Management LLP (0.17%) and PGGM Investments (0.15%). 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, Steven Walske, Sudhindra Kankanwadi and Trac Pham.
View institutional ownership trends for Synopsys
.

Which institutional investors are selling Synopsys stock?

SNPS stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, MERIAN GLOBAL INVESTORS UK Ltd, Congress Asset Management Co. MA, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Ardevora Asset Management LLP, Arizona State Retirement System, and First Trust Advisors LP. 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, Steven Walske, Sudhindra Kankanwadi, and Trac Pham.
View insider buying and selling activity for Synopsys
.

Which institutional investors are buying Synopsys stock?

SNPS stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Sumitomo Mitsui Trust Holdings Inc., Atalanta Sosnoff Capital LLC, Zurcher Kantonalbank Zurich Cantonalbank, Candriam Luxembourg S.C.A., UBS Group AG, Oregon Public Employees Retirement Fund, and Sturgeon Ventures LLP.
View insider buying and selling activity for Synopsys
.

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 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 $201.85.

How big of a company is Synopsys?

Synopsys has a market capitalization of $30.39 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 8/5/2020 by MarketBeat.com Staff

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