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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
NASDAQ:SNPS

Synopsys - SNPS Stock Forecast, Price & News

$357.27
+0.60 (+0.17%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$353.01
$359.87
50-Day Range
$315.04
$357.84
52-Week Range
$255.02
$391.17
Volume
489,782 shs
Average Volume
556,750 shs
Market Capitalization
$54.46 billion
P/E Ratio
56.71
Dividend Yield
N/A
Price Target
$420.55

Synopsys MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
17.7% 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
0.00mentions of Synopsys in the last 14 days
Based on 3 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.

2.56 out of 5 stars

Computer And Technology Sector

107th out of 635 stocks

Prepackaged Software Industry

28th out of 217 stocks


SNPS stock logo

About Synopsys (NASDAQ:SNPS) Stock

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as a series of tools used in the design of optical systems and photonic devices. Further, it provides security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. The company serves electronics, financial services, automotive, medicine, energy, and industrial areas. Synopsys, Inc. was incorporated in 1986 and is headquartered in Mountain View, California.

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SNPS Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Synopsys (NASDAQ:SNPS) Now Covered by Atlantic Securities
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Synopsys to Present at Needham Growth Conference
Should You Hold Synopsys (SNPS)?
Synopsys Remains Stable In The 'Smart Everything World'
Synopsys (SNPS) Upgraded to Buy: Here's Why
Synopsys Full Year 2022 Earnings: EPS Misses Expectations
See More Headlines
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SNPS Company Calendar

Last Earnings
11/30/2022
Today
1/29/2023
Next Earnings (Estimated)
2/15/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:SNPS
CUSIP
87160710
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
+17.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$984.59 million
Pretax Margin
21.95%

Debt

Sales & Book Value

Annual Sales
$5.08 billion
Cash Flow
$8.41 per share
Book Value
$36.10 per share

Miscellaneous

Free Float
150,588,000
Market Cap
$54.46 billion
Optionable
Optionable
Beta
1.20

Social Links


Key Executives

  • Dr. Aart J. de Geus (Age 69)
    Co-Founder, Chairman & CEO
    Comp: $2.97M
  • Mr. Sassine  GhaziMr. Sassine Ghazi (Age 52)
    Pres & COO
    Comp: $4.78M
  • Mr. John F. Runkel Jr. (Age 67)
    Gen. Counsel & Corp. Sec.
    Comp: $987.7k
  • Ms. Shelagh Glaser (Age 59)
    Chief Financial Officer
  • Mr. Sudhindra Kankanwadi (Age 52)
    Sr. VP of Fin., Chief Accounting Officer & Corp. Controller
  • Mr. Sriram Sitaraman
    Chief Information Officer
  • Ms. Lisa L. Ewbank
    VP of Investor Relations
  • Mr. Michael Sanie
    Sr. VP of Enterprise Marketing & Communication
  • Ms. Janet Sue Collinson (Age 62)
    People & Workplace Resources Officer
  • Ms. Deirdre R. Hanford (Age 60)
    Chief Security Officer of Corp. Staff













SNPS Stock - Frequently Asked Questions

Should I buy or sell Synopsys stock right now?

12 Wall Street 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 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 brokers have issued 1-year price targets for Synopsys' stock. 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 17.7% 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 start of the year. Since then, SNPS stock has increased by 11.9% and is now trading at $357.27.
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 were Synopsys' earnings last quarter?

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

How will Synopsys' stock buyback program work?

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

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

Synopsys updated its first quarter 2023 earnings guidance on Friday, December, 30th. The company provided earnings per share (EPS) guidance of $2.48-$2.53 for the period, compared to the consensus 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 a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.38%), Strs Ohio (0.20%), Congress Asset Management Co. MA (0.19%), Natixis Advisors L.P. (0.15%), Assenagon Asset Management S.A. (0.15%) and Fifth Third Bancorp (0.13%). 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 $357.27.

How much money does Synopsys make?

Synopsys (NASDAQ:SNPS) has a market capitalization of $54.46 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.
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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 1/29/2023 by MarketBeat.com Staff