Synopsys Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities 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) issued its quarterly earnings results on Wednesday, February, 17th. The semiconductor company reported $1.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.45. The semiconductor company had revenue of $970.32 million for the quarter, compared to the consensus estimate 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 in the previous year, the business earned $1.01 earnings per share.
View Synopsys' earnings history.

Synopsys' stock was trading at $131.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SNPS shares have increased by 88.4% and is now trading at $248.21.
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Synopsys declared that its Board of Directors has initiated a share repurchase program on Friday, June 19th 2020, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 1.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Synopsys updated its second quarter 2021 After-Hours earnings guidance on Wednesday, February, 17th. The company provided earnings per share (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 Wall Street analysts have issued 12 month price objectives for Synopsys' stock. 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 14.7% 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), Tyler Technologies (TYL), SS&C Technologies (SSNC), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), 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 number of retail and institutional investors. Top institutional shareholders include Ardevora Asset Management LLP (0.14%), New York State Teachers Retirement System (0.13%), AMI Asset Management Corp (0.11%), Chevy Chase Trust Holdings Inc. (0.07%), Grandfield & Dodd LLC (0.06%) and State of Alaska Department of Revenue (0.04%). 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 Ardevora Asset Management LLP, New York State Teachers Retirement System, AMI Asset Management Corp, State of Alaska Department of Revenue, Chevy Chase Trust Holdings Inc., Sentry Investment Management LLC, Contravisory Investment Management Inc., and Retirement Systems of Alabama. 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 purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Affinity Capital Advisors LLC, Dock Street Asset Management Inc., Everence Capital Management Inc., Fortis Capital Management LLC, Gradient Investments LLC, Fulton Breakefield Broenniman LLC, and Private Advisor Group LLC.
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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 $248.21.

Synopsys has a market capitalization of $37.82 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]