Synopsys, Inc. (SNPS)
| Market Cap | 76.08B |
| Revenue (ttm) | 6.13B |
| Net Income (ttm) | 2.26B |
| Shares Out | 154.58M |
| EPS (ttm) | 14.52 |
| PE Ratio | 53.21 |
| Forward PE | 33.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,189,388 |
| Open | 486.19 |
| Previous Close | 493.35 |
| Day's Range | 483.50 - 501.56 |
| 52-Week Range | 457.52 - 629.38 |
| Beta | 1.09 |
| Analysts | Strong Buy |
| Price Target | 646.36 (+31.33%) |
| Earnings Date | Feb 19, 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]
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 StatementsAnalyst Forecast
According to 11 analysts, the average rating for SNPS stock is "Strong Buy." The 12-month stock price forecast is $646.36, which is an increase of 31.33% from the latest price.
News
Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition
SUNNYVALE, Calif. , Dec. 20, 2024 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the U.K. Competition and Markets Authority's (CMA) recently published Phase 1 findings r...
UK regulator says it could clear Synopsys' $35 bln Ansys acquisition if concerns are resolved
UK's competition watchdog said on Friday it could approve chip design software maker Synopsys' $35 billion acquisition of Ansys if the regulator's concerns are resolved.
SR Inc Announces 2024 SBER Awards: Top Honors Go to Synopsys, Nell Triplett of Juniper Networks, and IDEXX
Sustainability Roundtable Inc. announced Synopsys, IDEXX, and Juniper Networks as winners of the 2024 SBER Awards for standout leadership in sustainability
Synopsys, SiMa.ai team up to speed development of AI chips for cars
Silicon Valley-based Synopsys and startup firm SiMa.ai announced on Tuesday a partnership aimed at accelerating the development of new artificial intelligence chips for automakers and their suppliers.
Synopsys offers to sell two assets in bid for EU okay for $35 bln Ansys deal, sources say
Chip design software company Synopsys has offered to sell an Ansys unit on top of one of its own in a bid to win EU approval for its $35 billion acquisition of the chip design software company, three ...
Synopsys Announces Industry's First Ultra Ethernet and UALink IP Solutions to Connect Massive AI Accelerator Clusters
Best-in-Class Silicon IP Addresses Industry Need for Open Standard Solutions to Scale AI Accelerator Infrastructure Highlights Synopsys Ultra Ethernet IP solution will enable up to 1.6 Tbps of bandwid...
Synopsys offers remedies to address EU concerns over Ansys deal
Chip design software company Synopsys has offered remedies to address EU antitrust concerns about its $35 billion cash-and-stock acquisition of engineering software maker Ansys , according to a Europe...
Synopsys: The Downside When Stocks Are Priced To The Point Of Perfection
Synopsys' recent stock price drop is justified due to lower-than-expected FY25 guidance, impacting the 5-year outlook and reducing upside potential. Synopsys remains a dominant player in the EDA and I...
S&P 500 Gains and Losses Today: Synopsys Sinks as China Restrictions Hurt Outlook
Major U.S. equities indexes hovered near record levels in Thursday trading before closing lower ahead of Friday morning's employment report.
Synopsys Q4: Anticipating Revenue Deceleration In FY 2025; Remain 'Sell'
Synopsys, Inc.'s stock remains overvalued despite 11% revenue growth and weak guidance, reiterating a “Sell” rating with a fair value of $394 per share. The acquisition of Ansys for $35 billion is str...
Synopsys Stock Is the S&P 500's Worst Performer Today
Synopsys (SNPS) shares tumbled after the chip design software maker posted a disappointing forecast for its coming fiscal year late Wednesday.
SNPS CFO on Role in A.I. Race, Cut Guidance & Ansys Acquisition
Shelagh Glaser, CFO of Synopsys (SNPS), discusses the direction she aims to take the company after investors traded the stock down. She explains part of the reason Synopsys cut guidance was due to the...
Synopsys, Inc. (SNPS) Q4 2024 Earnings Call Transcript
Synopsys, Inc. (NASDAQ:SNPS) Q4 2024 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Trey Campbell - Senior Vice President, Investor Relations Sassine Ghazi - President and ...
Synopsys shares fall after sales outlook misses estimates
Chip design software firm Synopsys on Wednesday forecast fiscal 2025 revenue below Wall Street expectations thanks in part to a slump in China sales as the U.S. tightens controls on what chip technolo...
Synopsys CEO Sassine Ghazi on Q4 results
Sassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk Q4 results, its Ansys acquisition and more.
Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2024
Results Summary 1 Record quarterly revenue of $1.636 billion, up approximately 11% year over year (YoY), exceeding the mid-point of guidance. Quarterly GAAP earnings per diluted share (EPS) of $1.79...
Sustainability Roundtable, Inc Announces Synopsys has Purchased 90 MW of Solar Energy through its Net Zero Consortium for Buyers
BOSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Today, Sustainability Roundtable, Inc.'s (SR Inc) Net Zero Consortium for Buyers (NZCB) announces Synopsys, Inc. has purchased 90 MW of solar energy from the ...
SEMIFIVE Collaborates with Synopsys to Develop Advanced Chiplet Platform for High-Performance Multi-Die Designs
The Platform Helps Meet PPA Goals and Accelerate Time-to-Market SEOUL, South Korea , Nov. 11, 2024 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom sil...
Synopsys Announces Earnings Release Date For Fourth Quarter and Fiscal Year 2024
SUNNYVALE, Calif. , Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 2024, after...
Calls of the Day: Deckers, Costco, Lowe's, Cadence and Synopsys
The Investment Committee debate the latest Calls Of The Day.
This Synopsys Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Synopsys: We're Buying This Chip Design SaaS Juggernaut
Synopsys is a market leader in the chip design SaaS space, boasting strong financials and consistent growth. SNPS produces high gross margins above 80% and operating margins near 25%, driving robust c...
Synopsys Inc (SNPS)'s Winning Formula: Financial Metrics and Competitive Strengths
Synopsys Inc (SNPS, Financial) has recently captured the attention of investors and financial analysts with its strong financial performance. Currently trading at $522.9 per share, Synopsys Inc has ex...
Synopsys Stock: Double-Digit Annual Returns Likely
Synopsys is a high-quality company with a competitive advantage in the semiconductor industry, offering potential low-double digit returns over the next decade. SNPS's moat is built on high switching ...