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Top-Rated Stocks  
NASDAQ:SNPS

Synopsys - SNPS Stock Forecast, Price & News

$362.36
-4.39 (-1.20%)
(As of 02/8/2023 12:27 PM ET)
Add
Compare
Today's Range
$362.32
▼
$367.61
50-Day Range
$315.04
▼
$368.59
52-Week Range
$255.02
▼
$391.17
Volume
346,407 shs
Average Volume
653,439 shs
Market Capitalization
$55.23 billion
P/E Ratio
57.52
Dividend Yield
N/A
Price Target
$420.55

Synopsys MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
15.8% Upside
$420.55 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.43mentions of Synopsys in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$18.92 M Sold Last Quarter
Proj. Earnings Growth
5.38%
From $7.81 to $8.23 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Computer And Technology Sector

85th out of 610 stocks

Prepackaged Software Industry

22nd out of 216 stocks

See Top Rated MarketRank™ Stocks Here
SNPS stock logo

About Synopsys (NASDAQ:SNPS) Stock

Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It operates through the following segments: Semiconductor and System Design, and Software Integrity. The Semiconductor and System Design segment includes the EDA, IP and System Integration. The Software Integrity segment helps organizations align people, processes, and technology to intelligently address software risks across their portfolio and at all stages of the application lifecycle. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.

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SNPS Stock News Headlines

February 6, 2023 | finance.yahoo.com
Synopsys Channel and Alliances Leader Tom Herrmann Recognized as 2023 CRN Channel Chief
February 1, 2023 | finance.yahoo.com
Synopsys Announces Earnings Release Date for First Quarter Fiscal Year 2023
February 8, 2023 | Investing Trends (Ad)
Huge Upside Potential With "Staggering" Solar Demand
Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.
January 30, 2023 | finance.yahoo.com
Chip design software maker Synopsys is laying off 102 Silicon Valley workers
January 27, 2023 | finance.yahoo.com
Chip Stocks Are Expanding Into Software Markets -- Is This a Bad Move?
January 16, 2023 | finance.yahoo.com
1 Little-Known Company Leading the Way in Application Security to Buy Now
January 16, 2023 | finance.yahoo.com
Synopsys (NASDAQ:SNPS) shareholders have earned a 29% CAGR over the last five years
January 10, 2023 | finance.yahoo.com
Synopsys Stock Closes In On Key Threshold After Naming CFO
February 8, 2023 | Investing Trends (Ad)
Huge Upside Potential With "Staggering" Solar Demand
Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.
January 10, 2023 | finance.yahoo.com
Synopsys to Present at Needham Growth Conference
January 5, 2023 | finance.yahoo.com
Strength Seen in OptimizeRx Corp. (OPRX): Can Its 10.1% Jump Turn into More Strength?
January 2, 2023 | finance.yahoo.com
Synopsys (NASDAQ:SNPS) Is Looking To Continue Growing Its Returns On Capital
December 30, 2022 | finance.yahoo.com
8 Reasons Why You Should Invest in Synopsys (SNPS) Stock Now
December 30, 2022 | finance.yahoo.com
Why Is Synopsys (SNPS) Down 10% Since Last Earnings Report?
December 28, 2022 | finance.yahoo.com
Should You Hold Synopsys (SNPS)?
December 28, 2022 | seekingalpha.com
Synopsys Remains Stable In The 'Smart Everything World'
December 23, 2022 | finance.yahoo.com
Synopsys (SNPS) Stock Sinks As Market Gains: What You Should Know
December 23, 2022 | finance.yahoo.com
Zacks.com featured highlights include The Chefs' Warehouse, Synopsys, Enphase Energy, ONEOK and Fabrinet
December 17, 2022 | finance.yahoo.com
Is Synopsys, Inc.'s (NASDAQ:SNPS) Recent Performance Tethered To Its Attractive Financial Prospects?
December 8, 2022 | finance.yahoo.com
Synopsys, Inc. (NASDAQ:SNPS) Q4 2022 Earnings Call Transcript
December 6, 2022 | finance.yahoo.com
Software Quality Issues in the U.S. Cost an Estimated $2.41 Trillion in 2022
December 6, 2022 | finance.yahoo.com
Wall Street Analysts Predict a 29% Upside in Synopsys (SNPS): Here's What You Should Know
December 6, 2022 | finance.yahoo.com
Synopsys (SNPS) Upgraded to Buy: Here's Why
December 6, 2022 | finance.yahoo.com
Can Synopsys (SNPS) Run Higher on Rising Earnings Estimates?
December 3, 2022 | finance.yahoo.com
Synopsys Full Year 2022 Earnings: EPS Misses Expectations
December 1, 2022 | finance.yahoo.com
Synopsys (SNPS) Q4 Earnings Beat, Revenues Match Estimates
November 30, 2022 | finance.yahoo.com
Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2022
See More Headlines
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SNPS Company Calendar

Last Earnings
11/30/2022
Today
2/08/2023
Next Earnings (Confirmed)
2/15/2023
Fiscal Year End
10/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
Application Software
Sector
Computer and Technology
Current Symbol
NASDAQ:SNPS
CUSIP
87160710
CIK
883241
Web
www.synopsys.com
Phone
(650) 584-5000
Fax
650-965-8637
Employees
19,000
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$420.55
High Stock Price Forecast
$467.00
Low Stock Price Forecast
$360.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.30
Trailing P/E Ratio
57.52
Forward P/E Ratio
46.40
P/E Growth
2.92
Net Income
$984.59 million
Net Margins
19.38%
Pretax Margin
21.95%
Return on Equity
17.24%
Return on Assets
10.33%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.09
Quick Ratio
1.01

Sales & Book Value

Annual Sales
$5.08 billion
Price / Sales
10.87
Cash Flow
$8.47 per share
Price / Cash Flow
42.80
Book Value
$36.10 per share
Price / Book
10.04

Miscellaneous

Outstanding Shares
152,420,000
Free Float
150,588,000
Market Cap
$55.23 billion
Optionable
Optionable
Beta
1.21

Social Links


Key Executives

  • Aart J. de Geus
    Chairman & Co-Chief Executive Officer
  • Chi-Foon ChanChi-Foon Chan
    Co-Chief Executive Officer
  • Sassine GhaziSassine Ghazi
    President & Chief Operating Officer
  • Shelagh M. Glaser
    Chief Financial Officer
  • Sriram Sitaraman
    Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SNPS Stock - Frequently Asked Questions

Should I buy or sell Synopsys stock right now?

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" SNPS shares.
View SNPS analyst ratings or view top-rated stocks.

What is Synopsys' stock price forecast for 2023?

12 Wall Street research analysts have issued 12 month price objectives for Synopsys' shares. Their SNPS share price forecasts range from $360.00 to $467.00. On average, they expect the company's stock price to reach $420.55 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for SNPS or view top-rated stocks among Wall Street analysts.

How have SNPS shares performed in 2023?

Synopsys' stock was trading at $319.29 at the beginning of the year. Since then, SNPS stock has increased by 14.9% and is now trading at $366.75.
View the best growth stocks for 2023 here.

When is Synopsys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our SNPS earnings forecast.

How can I listen to Synopsys' earnings call?

Synopsys will be holding an earnings conference call on Wednesday, February 15th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6444570".

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) posted its quarterly earnings data on Wednesday, November, 30th. The semiconductor company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.11 by $0.12. The semiconductor company earned $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. Synopsys had a net margin of 19.38% and a trailing twelve-month return on equity of 17.24%.

How will Synopsys' stock buyback program work?

Synopsys announced that its board has initiated a stock buyback program on Thursday, September 1st 2022, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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

Synopsys issued an update on its first quarter 2023 earnings guidance on Friday, December, 30th. The company provided EPS guidance of $2.48-$2.53 for the period, compared to the consensus earnings per share estimate of $2.29. The company issued revenue guidance of $1.34 billion-$1.37 billion, compared to the consensus revenue estimate of $1.34 billion.

What is Dr. Aart J. de Geus and Dr. Chi-Foon Chan's approval rating as Synopsys' CEO?

1,170 employees have rated Synopsys Chief Executive Officer 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 the company's 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.

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

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 shareholders include TD Asset Management Inc (0.49%), Sumitomo Mitsui Trust Holdings Inc. (0.49%), Ownership Capital B.V. (0.41%), Allspring Global Investments Holdings LLC (0.38%), Ninety One UK Ltd (0.38%) and Robeco Institutional Asset Management B.V. (0.20%). Insiders that own company 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.

How do I buy shares of Synopsys?

Shares of SNPS stock 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.
Compare Top Brokerages Here.

What is Synopsys' stock price today?

One share of SNPS stock can currently be purchased for approximately $366.75.

How much money does Synopsys make?

Synopsys (NASDAQ:SNPS) has a market capitalization of $55.90 billion and generates $5.08 billion in revenue each year. The semiconductor company earns $984.59 million in net income (profit) each year or $6.30 on an earnings per share basis.

How many employees does Synopsys have?

The company employs 19,000 workers across the globe.

Does Synopsys have any subsidiaries?
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.
Read More
How can I contact Synopsys?

Synopsys' mailing address is 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043. The official website for the company is www.synopsys.com. The semiconductor company can be reached via phone at (650) 584-5000, via email at synopsys-ir@synopsys.com, or via fax at 650-965-8637.

This page (NASDAQ:SNPS) was last updated on 2/8/2023 by MarketBeat.com Staff