NASDAQ:SNPS

Synopsys Stock Forecast, Price & News

$263.07
+1.00 (+0.38 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$260.86
$264.00
50-Day Range
$228.54
$263.07
52-Week Range
$176.15
$300.91
Volume492,944 shs
Average Volume851,303 shs
Market Capitalization$40.14 billion
P/E Ratio51.08
Dividend YieldN/A
Beta1.04
30 days | 90 days | 365 days | Advanced Chart
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Synopsys logo

About Synopsys

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform that provides 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. The company also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; 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, it offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, the company provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, it offers 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; manufacturing solutions; and professional and other services. It has a collaboration with IBM Research's AI Hardware Center to advance the development of chip architectures and design methodologies critical to the next generation of AI chips. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.

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MarketRank

Overall MarketRank

1.50 out of 5 stars

Computer And Technology Sector

383rd out of 1,582 stocks

Prepackaged Software Industry

96th out of 312 stocks

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Synopsys (NASDAQ:SNPS) Frequently Asked Questions

Is Synopsys a buy right now?

12 Wall Street 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 analysts is that investors should "buy" Synopsys stock.
View analyst ratings for Synopsys
or view top-rated stocks.

What stocks does MarketBeat like better than Synopsys?

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.

Are investors shorting Synopsys?

Synopsys saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 1,530,000 shares, an increase of 25.4% from the April 29th total of 1,220,000 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is currently 1.5 days.
View Synopsys' Short Interest
.

When is Synopsys' next earnings date?

Synopsys is scheduled to release its next quarterly earnings announcement on Wednesday, August 18th 2021.
View our earnings forecast for Synopsys
.

How were Synopsys' earnings last quarter?

Synopsys, Inc. (NASDAQ:SNPS) posted its earnings results on Tuesday, May, 18th. The semiconductor company reported $1.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.17. The semiconductor company earned $1.02 billion during the quarter, compared to the consensus estimate of $988.20 million. Synopsys had a trailing twelve-month return on equity of 16.58% and a net margin of 20.27%. Synopsys's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 earnings per share.
View Synopsys' earnings history
.

How has Synopsys' stock price been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 99.7% and is now trading at $263.07.
View which stocks have been most impacted by COVID-19
.

How will Synopsys' stock buyback program work?

Synopsys declared that its Board of Directors has approved a stock buyback program on Friday, June 19th 2020, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 1.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

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

Synopsys updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $6.380-6.450 for the period, compared to the Thomson Reuters consensus EPS 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.

What price target have analysts set for SNPS?

12 equities research analysts have issued 12-month price targets for Synopsys' stock. Their forecasts range from $220.00 to $335.00. On average, they anticipate Synopsys' share price to reach $295.91 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
View analysts' price targets for Synopsys
or view top-rated stocks among Wall Street analysts.

Who are Synopsys' key executives?

Synopsys' management team includes the following people:
  • Dr. Aart J. de Geus, Co-Founder, Chairman & Co-CEO (Age 67, Pay $2.17M) (LinkedIn Profile)
  • Dr. Chi-Foon Chan, Co-CEO, Pres & Director (Age 72, Pay $2.17M)
  • Mr. Trac Pham, Chief Financial Officer (Age 52, Pay $1.19M) (LinkedIn Profile)
  • Mr. Sassine Ghazi, Chief Operating Officer (LinkedIn Profile)
  • Mr. John F. Runkel Jr., Gen. Counsel & Corp. Sec. (Age 65, Pay $859k)
  • Mr. Joseph W. Logan, Sales & Corp. Marketing Officer (Age 61, Pay $1.47M)
  • Mr. Sudhindra Kankanwadi, Sr. VP, Chief Accounting Officer & Corp. Controller (Age 50)
  • Mr. Sriram Sitaraman, Chief Information Officer (LinkedIn Profile)
  • Ms. Lisa L. Ewbank, VP of Investor Relations
  • Ms. Janet Sue Collinson, HR & Facilities Officer (Age 60)

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

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.

Who are some of Synopsys' key competitors?

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), Square (SQ), salesforce.com (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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.59%), Price T Rowe Associates Inc. MD (6.37%), JPMorgan Chase & Co. (3.78%), Franklin Resources Inc. (2.37%), Geode Capital Management LLC (1.82%) and Nuveen Asset Management LLC (1.69%). 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
.

Which major investors are selling Synopsys stock?

SNPS stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Lazard Asset Management LLC, Bessemer Group Inc., Bank of Nova Scotia, APG Asset Management N.V., and Robeco Institutional Asset Management B.V.. 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.

Which major investors are buying Synopsys stock?

SNPS stock was bought by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, Nuveen Asset Management LLC, BlackRock Inc., Franklin Resources Inc., Nordea Investment Management AB, Credit Suisse AG, Champlain Investment Partners LLC, and AQR Capital Management LLC.
View insider buying and selling activity for Synopsys
or or view top insider-buying stocks.

How do I buy shares of Synopsys?

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.

What is Synopsys' stock price today?

One share of SNPS stock can currently be purchased for approximately $263.07.

How much money does Synopsys make?

Synopsys has a market capitalization of $40.14 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.

How many employees does Synopsys have?

Synopsys employs 15,036 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.

When was Synopsys founded?

Synopsys was founded in 1986.

What is Synopsys' official website?

The official website for Synopsys is www.synopsys.com.

Where are Synopsys' headquarters?

Synopsys is headquartered at 690 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA, 94043.

How can I contact Synopsys?

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]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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