Synopsys, Inc. (SNPS)
| Market Cap | 93.41B |
| Revenue (ttm) | 6.19B |
| Net Income (ttm) | 1.43B |
| Shares Out | 153.22M |
| EPS (ttm) | 9.18 |
| PE Ratio | 66.41 |
| Forward PE | 45.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 526,600 |
| Open | 601.42 |
| Previous Close | 601.75 |
| Day's Range | 600.57 - 610.64 |
| 52-Week Range | 418.51 - 629.38 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 624.00 (+2.35%) |
| Earnings Date | Aug 14, 2024 |
About SNPS
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. 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 pe... [Read more]
Financial Performance
In 2023, Synopsys's revenue was $5.84 billion, an increase of 14.98% compared to the previous year's $5.08 billion. Earnings were $1.23 billion, an increase of 24.91%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for SNPS stock is "Strong Buy." The 12-month stock price forecast is $624.0, which is an increase of 2.35% from the latest price.
News
Synopsys Accelerates Chip Innovation with Production-Ready Multi-Die Reference Flow for Intel Foundry
3DIC Compiler Co-Design and Analysis Solution Combined with Synopsys IP Accelerates Heterogeneous Integration for Intel Foundry's EMIB Technology Highlights Synopsys AI-driven multi-die reference flow...
Quantum Leap Solutions Named Authorized Reseller for Synopsys for North America
Quantum Leap Solutions today becomes as authorized North American reseller for Synopsys' comprehensive suite of EDA, semiconductor IP, and cloud solutions.
Synopsys Achieves Certification of its AI-driven Digital and Analog Flows and IP on Samsung Advanced SF2 GAA Process
Production-Ready Design Flows, Multi-Die Solution, and Synopsys IP Deliver a Proven Path to Unparalleled Power and Performance for AI and HPC Designs Highlights Test chip tapeouts validate product re...
Synopsys Accelerates Trillion Parameter HPC & AI Supercomputing Chip Designs with Industry's First PCIe 7.0 IP Solution
New Synopsys IP for PCIe 7.0 Future-Proofs Bandwidth for Hyperscale AI Data Center Infrastructure Highlights Industry's only complete PCIe 7.0 IP solution, including controller, IDE security module, P...
Synopsys CEO: We're already seeing benefit of rapid AI adoption
Synopsys (SNPS) shares are jumping after the company reported better-than-expected results and raised its full-year guidance on Wednesday. Synopsys CEO Sassine Ghazi joins Market Domination to discuss...
Synopsys CEO on Q2 earnings beat
Synopsys CEO Sassine Ghazi joins 'Money Movers' to discuss the company's earnings, Nvidia, demand for AI, and more.
Synopsys (SNPS) CFO on A.I. Benefits
Synopsys (SNPS) makes software products to design and test integrated circuits. CFO Shelagh Glaser joins Oliver Renick to give an overview of the company and talks about how SNPS raised its guidance.
Synopsys lifts annual forecast on AI boom driving demand for chip design software
Synopsys raised its annual revenue and profit forecast on Wednesday in anticipation of robust demand for its software to design advanced chips driving artificial intelligence applications.
SNOW, SNPS, ELF, VF: Earnings Just Released
Snowflake (SNOW), Synopsys (SNPS), E.L.F. Beauty (ELF), and VF Corp. (VF) earnings were just released.
Ansys Stockholders Approve Transaction with Synopsys
Represents Key Milestone Toward Completion of Transaction with Synopsys PITTSBURGH , May 22, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced that at the special meeting of stockholders (the ...
Synopsys Posts Financial Results for Second Quarter Fiscal Year 2024
Results Summary 1 Quarterly revenue of $1.455 billion, up approximately 15% year over year and at the high-end of guidance. Quarterly GAAP earnings per diluted share of $1.92; non-GAAP earnings per ...
Earnings Exchange: Nvidia, Synopsis & Snowflake
Danielle Shay, vice president of options at Simpler Trading, joins CNBC's 'The Exchange' with trades on Nvidia, Synopsys, and Snowflake.
Chinese Regulator Flags Synopsys Acquisition of Ansys
The chip software maker disclosed in a regulatory filing that China's State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it ca...
Majority of Organizations Impacted by Software Supply Chain Attacks Over the Past Year, with Many Struggling to Detect and Respond
More than half (54%) of organizations surveyed suffered a software supply chain attack in the past year, according to a new report from Synopsys Software Integrity Group and Ponemon Institute SUNNYVAL...
Synopsys to sell software unit to Clearlake, Francisco in $2.1 bln deal
Synopsys will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said on Monday.
Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is e...
Exclusive: Synopsys nears $2 billion-plus software unit sale to buyout firms, sources say
A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, accord...
Synopsys and Samsung Electronics Collaborate to Achieve First Production Tapeout of Flagship Mobile CPU with Leading Performance on Samsung Foundry's GAA Process
Synopsys .ai Full Stack AI-Driven EDA Suite with CPU-specific Optimizations Delivers Unparalleled PPA with Highest Frequency and 10% Lower Power for Industry's Latest Mobile CPU with Generative AI Cap...
Synopsys Adds AI-Powered Application Security Assistant to Polaris Software Integrity Platform
Polaris Assist provides AI-augmented vulnerability summaries and code fixes to boost productivity for security and development teams. SUNNYVALE, Calif.
ANSYS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ANSYS, Inc. - ANSS
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ANSYS, Inc. (Nas...
Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes
Collaboration on AI-Driven Design Flows for Optimization and Productivity, Advancements in Photonic IC Integration, Plus Broad IP Development on TSMC 2nm Technology Highlights: Production-ready digita...
Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node
SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #RF--Keysight Technologies, Inc. (NYSE: KEYS), Synopsys, Inc. (Nasdaq: SNPS), and Ansys (Nasdaq: ANSS) introduce a new integrated radio frequency (RF) des...
Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024
SUNNYVALE, Calif., April 23, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the second quarter fiscal year 2024 on Wednesday, May 22, 2024, after the mar...
Synopsys Launches New Offering for Comprehensive Software Supply Chain Security
Black Duck Supply Chain Edition addresses vulnerabilities, license conflicts, and malicious code across open source and commercial dependencies as well as AI-generated code. SUNNYVALE, Calif.
Synopsys (SNPS) Benefits from Strong Hyperscaler & Data Center Activity
Synopsys (SNPS) is benefitting from strong hyperscaler and data center activity, according to a Piper Sandler analyst. George Tsilis discusses how Synopsys was initiated with an overweight rating and ...