Synopsys Stock Forecast, Price & News

12 Wall Street research 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 research analysts is that investors should "buy" Synopsys stock.
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Synopsys is scheduled to release its next quarterly earnings announcement on Wednesday, May 19th 2021.
View our earnings forecast for Synopsys.

Synopsys, Inc. (NASDAQ:SNPS) posted its quarterly earnings results on Wednesday, February, 17th. The semiconductor company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.45. The semiconductor company earned $970.32 million during the quarter, compared to analysts' expectations of $952.24 million. Synopsys had a trailing twelve-month return on equity of 14.81% and a net margin of 18.03%. During the same quarter last year, the firm earned $1.01 EPS.
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 shares have increased by 95.9% and is now trading at $258.05.
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Synopsys announced that its board has approved a share repurchase program on Friday, June 19th 2020, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Synopsys issued an update on its second quarter 2021 After-Hours earnings guidance on Wednesday, February, 17th. The company provided EPS guidance of 1.50-1.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.53. The company issued revenue guidance of $970M - 1 billion, compared to the consensus revenue estimate of $987.51 million.

12 equities research analysts have issued 12 month price objectives for Synopsys' shares. Their forecasts range from $180.00 to $335.00. On average, they anticipate Synopsys' share price to reach $284.82 in the next twelve months. This suggests a possible upside of 10.4% 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), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), FactSet Research Systems (FDS) and Aspen Technology (AZPN).
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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 number of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.04%), Abner Herrman & Brock LLC (0.03%), Pacer Advisors Inc. (0.01%), Monument Capital Management (0.01%), Everence Capital Management Inc. (0.01%) and First Hawaiian Bank (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, 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 State of Alaska Department of Revenue, Private Capital Group LLC, Abner Herrman & Brock LLC, Monument Capital Management, Pacer Advisors Inc., Canandaigua National Corp, First Hawaiian Bank, and HighPoint Advisor Group LLC. Company insiders that have sold Synopsys company stock in the last year include Bruce R Chizen, 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.
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SNPS stock was acquired by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., Fulton Breakefield Broenniman LLC, and Fulton Bank N.A..
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 $258.05.

Synopsys has a market capitalization of $39.32 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]