Synopsys, Inc. (SNPS)

Market Cap	83.19B
Revenue (ttm)	6.48B
Net Income (ttm)	1.50B
Shares Out	153.61M
EPS (ttm)	9.62
PE Ratio	56.31
Forward PE	38.38
Dividend	n/a
Ex-Dividend Date	n/a

Volume	714,709
Open	535.85
Previous Close	534.02
Day's Range	528.60 - 542.16
52-Week Range	457.52 - 629.38
Beta	1.08
Analysts	Strong Buy
Price Target	658.00 (+21.5%)
Earnings Date	Dec 4, 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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Feb 26, 1992
• Employees: 20,300
• Stock Exchange: NASDAQ
• Ticker Symbol: SNPS
• Website: https://www.synopsys.com

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%.

Analyst Forecast

According to 11 analysts, the average rating for SNPS stock is "Strong Buy." The 12-month stock price forecast is $658.0, which is an increase of 21.50% from the latest price.

Price Target

$658.0

(21.50% upside)

Analyst Consensus: Strong Buy