Synopsys, Inc. (SNPS)

NASDAQ: SNPS · Real-Time Price · USD
425.65
+3.67 (0.87%)
Apr 15, 2025, 4:00 PM EDT - Market closed
0.87%
Market Cap 65.81B
Revenue (ttm) 6.07B
Net Income (ttm) 2.11B
Shares Out 154.62M
EPS (ttm) 13.51
PE Ratio 31.51
Forward PE 27.08
Dividend n/a
Ex-Dividend Date n/a
Volume 1,015,288
Open 428.00
Previous Close 421.98
Day's Range 423.89 - 430.00
52-Week Range 365.74 - 624.80
Beta 1.23
Analysts Buy
Price Target 614.42 (+44.35%)
Earnings Date May 21, 2025

About SNPS

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in two segments, Design Automation and Design IP. 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; FPGA design products that are programmed to perform specific functions; s... [Read more]

Sector Technology
IPO Date Feb 26, 1992
Country United States
Stock Exchange NASDAQ
Ticker Symbol SNPS
Full Company Profile

Financial Performance

In 2024, Synopsys's revenue was $6.13 billion, an increase of 15.22% compared to the previous year's $5.32 billion. Earnings were $2.26 billion, an increase of 84.03%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for SNPS stock is "Buy." The 12-month stock price forecast is $614.42, which is an increase of 44.35% from the latest price.

Price Target
$614.42
(44.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector

Investors have had quite a wake-up call to daily volatility in the stock market. As we saw on Monday, the broad indexes can shift to large gains and then back into deep red territory as rumors circula...

7 days ago - Market Watch

As Nvidia and Broadcom Fade, Here's Three Chip Stocks for the Next Stage of AI

Chip makers who specialize in semiconductors—after being caught up in optimism about artificial intelligence for the past two years, have had a rough couple of months.

Other symbols: ARMCDNS
18 days ago - Market Watch

As Nvidia and Broadcom Fade, 3 Chip Stocks for AI's Next Stage

Cadence Design, Arm, and Synopsis still present value in the semiconductor sector, Morgan Stanley says.

Other symbols: ARMCDNS
18 days ago - Barrons

Synopsys lays out strategy for AI 'agents' to design computer chips

Synopsys , which makes software used to design semiconductors, on Wednesday introduced a technology it said will pave the way toward computers taking over many of the tasks in creating new computer ch...

27 days ago - Reuters

Synopsys Accelerates Chip Design with NVIDIA Grace Blackwell and AI to Speed Electronic Design Automation

Announcing Up to 30x Projected Performance Gains on the NVIDIA Grace Blackwell Platform to Speed Circuit Simulations for Next-Generation Semiconductors News Highlights: Today's GTC keynote featured Sy...

4 weeks ago - PRNewsWire

Synopsys SNUG Silicon Valley 2025 to Feature Arm, OpenAI and Microsoft Executive Talks

Two-Day Conference will Examine Future of AI and Intelligent Systems;  Join Keynotes from Synopsys CEO and OpenAI Head of Hardware Via Livestream SUNNYVALE, Calif. , March 12, 2025 /PRNewswire/ -- Syn...

4 weeks ago - PRNewsWire

Synopsys And Cadence: The Semiconductor-Software Kings

Electronic Design Automation software is critical to semiconductor development, and the sector is highly concentrated and dominated by two companies. Synopsys and Cadence, beyond EDA software, provide...

5 weeks ago - Seeking Alpha

Vector Informatik and Synopsys Announce Strategic Collaboration to Advance Software-Defined Vehicle Development

Joint Solution to Drive Adoption of "Shift-Left" Software Development Methodologies with the Integration of Synopsys' Electronics Digital Twin Capabilities and Vector's Software Factory Highlights: Ne...

5 weeks ago - PRNewsWire

Synopsys Introduces Virtualizer Native Execution on Arm Hardware to Accelerate Software-defined Product Development

End-to-End Virtual Prototyping Workflows Enable Faster Software Development and Time to Market for Automotive, HPC and IoT Systems Highlights Delivers accelerated Virtualizer performance with native e...

5 weeks ago - PRNewsWire

Stock Picks From Seeking Alpha's February 2025 New Analysts

In February, twenty-three new analysts joined Seeking Alpha, offering diverse stock picks and insights, from biotech to automotive and energy sectors. Analysts provided ratings from Strong Sell to Str...

5 weeks ago - Seeking Alpha

Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition

SUNNYVALE, Calif. , March 5, 2025 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the U.K. Competition and Markets Authority's (CMA) recently published decision regarding...

5 weeks ago - PRNewsWire

UK competition regulator clears $35 billion Synopsys-Ansys deal

Britain's competition regulator said on Wednesday it would not refer chip design software maker Synopsys' SNPS.O $35 billion acquisition of Ansys ANSS.O to an in-depth phase-2 probe after accepting re...

Other symbols: ANSS
5 weeks ago - Reuters

Synopsys CEO Sassine Ghazi talks AI demand and quarterly results

Sassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk quarterly results, China tariffs impact, AI demand, and more.

6 weeks ago - CNBC Television

Synopsys, Inc. (SNPS) Q1 2025 Earnings Call Transcript

Synopsys, Inc. (NASDAQ:SNPS) Q1 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Trey Campbell - SVP, IR Sassine Ghazi - CEO, President & Director Shelagh Glaser - CFO ...

6 weeks ago - Seeking Alpha

Synopsys quarterly revenue forecast beats estimates on rising demand for chip design software

Synopsys forecast second-quarter revenue above Wall Street estimates on Wednesday, boosted by growing demand for its software used in designing chips.

6 weeks ago - Reuters

Synopsys Posts Financial Results for First Quarter Fiscal Year 2025

Results Summary Quarterly revenue of $1.455 billion, exceeding midpoint of guidance. Quarterly GAAP earnings per diluted share of $1.89; non-GAAP earnings per diluted share of $3.03, exceeding guidanc...

6 weeks ago - PRNewsWire

Top Wall Street Forecasters Revamp Synopsys Price Expectations Ahead Of Q4 Earnings

Synopsys, Inc. SNPS will release its financial results for the first quarter fiscal year 2025, after the closing bell, on Wednesday, Feb. 26, 2025.

6 weeks ago - Benzinga

Taiwan Semiconductor's Intel Foundry Acquisition Could Be Negative For ASML, KLA, Synopsys, And Cadence: Analyst

Needham analyst Charles Shi reiterated Taiwan Semiconductor Manufacturing Co TSM with a Buy and a $225 price target.

Other symbols: ASMLINTCKLACTSM
2 months ago - Benzinga

Synopsys Teams Up with SEMI Foundation to Drive Workforce Development Initiatives in Semiconductor Industry

Expanded Collaboration Aims to Bridge Talent Gap, Drive Innovation and Growth  SUNNYVALE, Calif. , Feb. 18, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) and the SEMI Foundation today announced t...

2 months ago - PRNewsWire

What led to Synopsys' record revenue and 15% y/y growth? $SNPS

What led to Synopsys' record revenue and 15% y/y growth? $SNPS

2 months ago - After Earnings

Synopsys Expands the Industry's Highest Performance Hardware-Assisted Verification Portfolio to Propel Next-Generation Semiconductor and Design Innovation

Industry Leaders Including AMD, Arm, NVIDIA, and SiFive are Deploying Synopsys' Prototyping and Emulation Technologies Highlights New Synopsys HAPS-200 prototyping and ZeBu-200 emulation systems provi...

2 months ago - PRNewsWire

Synopsys: Unpacking Silicon & Systems in the Age of AI

With the CHIPS Act, rocketship growth in AI and a long trend of automation, companies like Synopsys ($SNPS) are getting unprecedented investor attention. On the latest episode of After Earnings, CFO S...

2 months ago - After Earnings

Synopsys: Entry Point Following Recent Sell-Off

Synopsys remains a buy due to its leadership in EDA software and semiconductor IP, despite recent share price struggles and market reactions to DeepSeek's AI model. The company's strong financial perf...

2 months ago - Seeking Alpha

Synopsys Announces Earnings Release Date For First Quarter Fiscal Year 2025

SUNNYVALE, Calif. , Jan. 27, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2025 on Wednesday, February 26, 2025, after the...

2 months ago - PRNewsWire

Synopsys to Hold Annual User Group Conference and Inaugural Executive Forum March 19-20 in Silicon Valley

Synopsys CEO Sassine Ghazi to Deliver Keynote; Technical Experts and Business Leaders  To Convene, Discuss the Evolution of Silicon to Systems Design Engineering in the Era of Pervasive Intelligence S...

2 months ago - PRNewsWire