Synopsys, Inc. (SNPS)
| Market Cap | 73.42B |
| Revenue (ttm) | 6.13B |
| Net Income (ttm) | 2.26B |
| Shares Out | 154.62M |
| EPS (ttm) | 14.52 |
| PE Ratio | 32.70 |
| Forward PE | 31.87 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,366,393 |
| Open | 492.19 |
| Previous Close | 493.97 |
| Day's Range | 472.74 - 493.74 |
| 52-Week Range | 457.52 - 624.80 |
| Beta | 1.12 |
| Analysts | Buy |
| Price Target | 634.55 (+33.63%) |
| Earnings Date | Feb 26, 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 "Buy." The 12-month stock price forecast is $634.55, which is an increase of 33.63% from the latest price.
News
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.
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...
What led to Synopsys' record revenue and 15% y/y growth? $SNPS
What led to Synopsys' record revenue and 15% y/y growth? $SNPS
Synopsys Expands the Industry's Highest Performance Hardware-Assisted Verification Portfolio to Propel Next-Generation Semiconductor and Design Innovation
Industry Leaders Including AMD, Arm, NVIDIA, and SiFive are Deploying Synopsys' Prototyping and Emulation Technologies Highlights New Synopsys HAPS-200 prototyping and ZeBu-200 emulation systems provi...
Synopsys: Unpacking Silicon & Systems in the Age of AI
With the CHIPS Act, rocketship growth in AI and a long trend of automation, companies like Synopsys ($SNPS) are getting unprecedented investor attention. On the latest episode of After Earnings, CFO S...
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...
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...
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...
Synopsys, Inc. (SNPS) 27th Annual Needham Growth Conference (Transcript)
Synopsys, Inc. (NASDAQ:SNPS) 27th Annual Needham Growth Conference January 16, 2025 11:00 AM ET Company Participants Shelagh Glaser - CFO Conference Call Participants Charles Shi - Needham & Company ...
Nvidia, Marvell, Synopsys Demonstrate AI Leadership And Strong Chip Design Momentum: Analyst
Companies exposed to artificial intelligence and accelerated computing have continued to see their end demand and visibility strengthen.
Synopsys Responds to the European Commission Approving its Proposed Acquisition of Ansys in Phase 1
SUNNYVALE, Calif. , Jan. 10, 2025 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the European Commission (EC) approving its proposed acquisition of Ansys in Phase 1: "We...
EU approves $35B Synopsys and Ansys merger, subject to divestment conditions
The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must divest some half-a-dozen products as part of the proposed remedies.
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies' offer to sell two business units to a rival fully addresses its concerns.
EU approves Synopsys' $35 billion Ansys deal under conditions
The European Commission on Friday said it had approved under conditions the takeover by chip design software maker Synopsys of software company Ansys , a $35 billion cash-and-stock deal announced in J...
Synopsys Responds to the UK Competition and Markets Authority Provisionally Accepting its Proposed Remedies in Phase 1 Regarding its Proposed Acquisition of Ansys
SUNNYVALE, Calif. , Jan. 8, 2025 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the UK Competition and Markets Authority (CMA) provisionally accepting its proposed remed...
UK watchdog says it may accept remedies in $35 bln Synopsys-Ansys deal
The UK's competition regulator said on Wednesday that it might accept remedies offered by the parties in chip design software maker Synopsys' $35 billion acquisition of Ansys.
Ansys and Synopsys Announce Agreement with Keysight Technologies for Sale of Ansys PowerArtist
/ Key Highlights Ansys PowerArtist is a comprehensive register-transfer-level (RTL) design-for-power platform used for early-stage power analysis and reduction of semiconductor designs, across a wide ...
Exclusive: EU antitrust regulators set to approve Synopsys' $35 bln Ansys acquisition, sources say
EU antitrust regulators are set to approve U.S. chip design software company Synopsys' $35 billion acquisition of the chip design software company Ansys based on the former's pledge to sell two assets...
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...