Synopsys Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Synopsys stock.
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Wall Street analysts have given Synopsys a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Synopsys wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Synopsys saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 1,530,000 shares, an increase of 25.4% from the April 29th total of 1,220,000 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is currently 1.5 days.
View Synopsys' Short Interest.

Synopsys is scheduled to release its next quarterly earnings announcement on Wednesday, August 18th 2021.
View our earnings forecast for Synopsys.

Synopsys, Inc. (NASDAQ:SNPS) posted its earnings results on Tuesday, May, 18th. The semiconductor company reported $1.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.17. The semiconductor company earned $1.02 billion during the quarter, compared to the consensus estimate of $988.20 million. Synopsys had a trailing twelve-month return on equity of 16.58% and a net margin of 20.27%. Synopsys's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 earnings per share.
View Synopsys' earnings history.

Synopsys' stock was trading at $131.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SNPS stock has increased by 99.7% and is now trading at $263.07.
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Synopsys declared that its Board of Directors has approved a stock buyback program 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 programs are generally a sign that the company's management believes its stock is undervalued.

Synopsys updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $6.380-6.450 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.280. The company issued revenue guidance of $4.04 billion-4.09 billion, compared to the consensus revenue estimate of $4.03 billion.

12 equities research analysts have issued 12-month price targets for Synopsys' stock. Their forecasts range from $220.00 to $335.00. On average, they anticipate Synopsys' share price to reach $295.91 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
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1,170 employees have rated Synopsys CEO 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 Synopsys' 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.

Some companies that are related to Synopsys include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Nuance Communications (NUAN), Citrix Systems (CTXS), Fair Isaac (FICO), FactSet Research Systems (FDS) and Pegasystems (PEGA).
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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).

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

Synopsys' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.59%), Price T Rowe Associates Inc. MD (6.37%), JPMorgan Chase & Co. (3.78%), Franklin Resources Inc. (2.37%), Geode Capital Management LLC (1.82%) and Nuveen Asset Management LLC (1.69%). 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, Joseph W Logan, Mercedes Johnson, Roy Vallee, Sassine Ghazi, Steven Walske, Sudhindra Kankanwadi and Trac Pham.
View institutional ownership trends for Synopsys.

SNPS stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Lazard Asset Management LLC, Bessemer Group Inc., Bank of Nova Scotia, APG Asset Management N.V., and Robeco Institutional Asset Management B.V.. Company insiders that have sold Synopsys company stock in the last year include Chi-Foon Chan, Chrysostomos L Nikias, Geus Aart De, 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.

SNPS stock was bought by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, Nuveen Asset Management LLC, BlackRock Inc., Franklin Resources Inc., Nordea Investment Management AB, Credit Suisse AG, Champlain Investment Partners LLC, and AQR Capital Management LLC.
View insider buying and selling activity for Synopsys or or view top insider-buying stocks.

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.
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One share of SNPS stock can currently be purchased for approximately $263.07.

Synopsys has a market capitalization of $40.14 billion and generates $3.69 billion in revenue each year. The semiconductor company earns $664.35 million in net income (profit) each year or $4.27 on an earnings per share basis.

Synopsys employs 15,036 workers across the globe.

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.

Synopsys was founded in 1986.

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

Synopsys is headquartered at 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043.

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]