Synopsys Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Synopsys in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Synopsys stock.
View analyst ratings for Synopsys or view top-rated stocks.

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.
View MarketBeat's top stock picks here.

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 quarterly earnings data on Tuesday, May, 18th. The semiconductor company reported $1.70 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.53 by $0.17. The semiconductor company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $988.20 million. Synopsys had a net margin of 20.27% and a trailing twelve-month return on equity of 16.58%. The business's quarterly revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.22 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 122.4% and is now trading at $293.02.
View which stocks have been most impacted by COVID-19.

Synopsys announced that its board has initiated a share buyback program on Thursday, June 17th 2021, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 1.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Synopsys updated its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share guidance of $6.380-6.450 for the period, compared to the Thomson Reuters consensus earnings per share 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.

13 brokers have issued 12 month target prices for Synopsys' stock. Their forecasts range from $220.00 to $340.00. On average, they expect Synopsys' share price to reach $299.58 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
View analysts' price targets for Synopsys or view top-rated stocks among Wall Street analysts.

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), Nuance Communications (NUAN), Fair Isaac (FICO), FactSet Research Systems (FDS), Citrix Systems (CTXS) and Manhattan Associates (MANH).
View all of SNPS's competitors.

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 Parnassus Investments CA (1.22%), WCM Investment Management LLC (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.62%), Victory Capital Management Inc. (0.36%), Congress Asset Management Co. MA (0.24%) and New York State Common Retirement Fund (0.22%). 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, 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 ARK Investment Management LLC, Sumitomo Mitsui Trust Holdings Inc., Congress Asset Management Co. MA, Victory Capital Management Inc., PGGM Investments, Teacher Retirement System of Texas, Oregon Public Employees Retirement Fund, and Russell Investments Group Ltd.. 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, 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 Veritas Investment Partners UK Ltd., Mn Services Vermogensbeheer B.V., Waverton Investment Management Ltd, Ardevora Asset Management LLP, Zweig DiMenna Associates LLC, New York State Common Retirement Fund, MUFG Securities EMEA plc, and Sumitomo Mitsui DS Asset Management Company Ltd.
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.
Compare Top Brokerages Here.

One share of SNPS stock can currently be purchased for approximately $293.02.

Synopsys has a market capitalization of $44.71 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]