Synopsys, Inc. (SNPS)

NASDAQ: SNPS · IEX Real-Time Price · USD
+9.28 (1.71%)
Nov 29, 2023, 10:41 AM EST - Market open
Market Cap 84.12B
Revenue (ttm) 5.53B
Net Income (ttm) 1.03B
Shares Out 152.08M
EPS (ttm) 6.66
PE Ratio 82.75
Forward PE 45.52
Dividend n/a
Ex-Dividend Date n/a
Volume 276,245
Open 550.59
Previous Close 543.73
Day's Range 549.38 - 557.00
52-Week Range 312.25 - 557.00
Beta 1.08
Analysts Strong Buy
Price Target 520.60 (-5.86%)
Earnings Date Nov 29, 2023

About SNPS

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. 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 perform specific functions. It also provides intellectual property (IP) solutions for U... [Read more]

Sector Technology
IPO Date Feb 26, 1992
Employees 19,000
Stock Exchange NASDAQ
Ticker Symbol SNPS
Full Company Profile

Financial Performance

In 2022, Synopsys's revenue was $5.08 billion, an increase of 20.87% compared to the previous year's $4.20 billion. Earnings were $984.59 million, an increase of 29.98%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SNPS stock is "Strong Buy." The 12-month stock price forecast is $520.6, which is a decrease of -5.86% from the latest price.

Price Target
(-5.86% downside)
Analyst Consensus: Strong Buy
Stock Forecasts


Market Leaders Collaborate with Synopsys to Realize Gains of Generative AI Across Full EDA Stack

Transformational Generative AI Capabilities, Starting with Copilot, to Fuel Next-Level Productivity for Chipmakers  Highlights: Synopsys, a pioneer in AI-driven EDA, aims to revolutionize ...

2 days ago - PRNewsWire

Stocks This Week: Buy Synopsys And Broadcom

The NASDAQ 100 and the technology sectors maintained their relative strength right through the autumn overall market decline. This strength is due to persist.

Other symbols: AVGO
9 days ago - Forbes

Final Trades: Lennar, Synopsys & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: LENMUB
11 days ago - CNBC Television

Synopsys Announces Copilot, Breakthrough GenAI Capability to Accelerate Chip Design

Strategic Collaboration Integrating Microsoft Azure OpenAI Service to Bring the Power of GenAI to Semiconductor Engineering SUNNYVALE, Calif. , Nov. 15, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SN...

14 days ago - PRNewsWire Copilot accelerates AI-driven chip design

Chip design software firm Synopsys has unveiled Copilot as an AI-driven accelerator for designing semiconductor chips.

14 days ago - VentureBeat

Software Vulnerabilities Are on the Decline, According to New Synopsys Research

The 2023 Software Vulnerability Snapshot Report Reveals a 14% Decrease in Vulnerabilities Found Over the Past Two Years SUNNYVALE, Calif. , Nov. 14, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) ...

15 days ago - PRNewsWire

Synopsys Expands Its ARC Processor IP Portfolio with New RISC-V Family

Next-Generation ARC-V Processor Targets Embedded Automotive, Storage, and IoT Applications Highlights: New Synopsys 32-bit and 64-bit ARC-V Processor IP, built on decades of experience developing proc...

22 days ago - PRNewsWire

Synopsys Delivers Seamless Interoperability for Semiconductor Design Ecosystem with New Synopsys Cloud OpenLink Program

The  Industry's First Multi-Vendor Environment of EDA, IP, and Foundry Solutions on the Synopsys Cloud Platform Significantly Accelerates Chip Development Highlights: Synopsys Cloud OpenLink program d...

4 weeks ago - PRNewsWire

Synopsys Announces Earnings Release Date For Fourth Quarter and Fiscal Year 2023

SUNNYVALE, Calif. , Oct. 30, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the fourth quarter and fiscal year 2023 on Wednesday, Nov. 29, 2023, after th...

4 weeks ago - PRNewsWire

Synopsys Honored at TSMC 2023 OIP Ecosystem Forum with Multiple Partner of the Year Awards

Awards Recognize Synopsys' Significant Contribution to Driving Advanced-Node Silicon Success and Technology Innovation Leadership Highlights: Certification of new Synopsys digital and analog design fl...

4 weeks ago - PRNewsWire

Arm and Synopsys Strengthen Partnership to Accelerate Custom Silicon on Advanced Nodes

Arm Total Design with Leading Synopsys IP Solutions and AI-Driven EDA Suite Speed Time to Market for the World's Most Complex SoC Designs Highlights: Synopsys joins Arm Total Design to provide IP and ...

6 weeks ago - PRNewsWire

New Synopsys Research Reveals Vast Majority of Organizations Report DevOps Delays Due to Critical Security Issues

Over 80% of survey respondents indicated that a critical security issue in deployed software impacted their DevOps delivery schedule in the last year SUNNYVALE, Calif. , Oct. 10, 2023 /PRNewswire/ -- ...

7 weeks ago - PRNewsWire

Synopsys Appoints Ann Minooka as Chief Marketing Officer

SUNNYVALE, Calif. , Sept. 28, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the appointment of Ann Minooka as the company's Chief Marketing Officer, reporting to Sassine Ghazi, pr...

2 months ago - PRNewsWire

Keysight, Synopsys, and Ansys Accelerate RFIC Semiconductor Design with New Reference Flow for TSMC's Advanced 4nm RF FinFET Process

SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #Ansys--Keysight Technologies, Inc. (NYSE: KEYS), Synopsys, Inc. (Nasdaq: SNPS), and Ansys (Nasdaq: ANSS) announced a new reference flow for the TSMC N4PR...

Other symbols: ANSSKEYS
2 months ago - Business Wire

Synopsys and TSMC Streamline Multi-Die System Complexity with Unified Exploration-to-Signoff Platform and Proven UCIe IP on TSMC N3E Process

Comprehensive Multi-Die System Design Solution Supports 3Dblox 2.0 Standard and TSMC 3DFabricTM Technologies to Boost Productivity for Fast Heterogeneous Integration Highlights: Synopsys 3DIC Compiler...

2 months ago - PRNewsWire

Keysight, Synopsys, and Ansys Accelerate RFIC Semiconductor Design with New Reference Flow for TSMC's Most Advanced 4nm RF FinFET Process

Ansys signoff power integrity and electromagnetic modeling capabilities featured in new custom design flow that meets the needs of high-speed circuit designers / Key Highlights New reference flow offe...

Other symbols: ANSSKEYS
2 months ago - PRNewsWire

Synopsys Unveils Industry's Broadest Portfolio of Automotive-Grade IP on TSMC's N5A Process Technology

Adopted by Multiple Leading Companies, Synopsys Interface and Foundation IP Enable High Reliability for ADAS SoCs Highlights: New Synopsys IP for the TSMC N5A meets automotive Grade 2 temperature and ...

2 months ago - PRNewsWire

Synopsys and TSMC Advance Analog Design Migration with Reference Flow Across Advanced TSMC Processes

AI-Driven Analog Design Migration Flow, Powered by EDA Suite, Boosts Productivity for Analog and Mixed-Signal SoCs    Highlights: AI-driven design solution enables circuit optimization, sa...

2 months ago - PRNewsWire

Synopsys and TSMC Collaborate to Accelerate 2nm Innovation for Advanced SoC Design with Certified Digital and Analog Design Flows

Design Flow Achieved Multiple Successful Test Chip Tape-Outs on TSMC N2 Process; Broad IP Portfolio in Development to Speed Time to Market Highlights: Synopsys' certified digital and analog design flo...

2 months ago - PRNewsWire

Semiconductor companies are in denial about this sea-change with their biggest customers

The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we...

2 months ago - Market Watch

2 Charts That Show Semiconductor Stocks Are Poised to Drop

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.

2 months ago - Barrons

Synopsys Recognized as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys received the second highest score in the current offering category and tied for the second highest scores in the strategy and market presence categories SUNNYVALE, Calif. , Sept. 20, 2023 /PR...

2 months ago - PRNewsWire

Synopsys Demonstrates Industry's First Interoperability of PCI Express 6.0 IP with Intel's PCIe 6.0 Test Chip

Joint 64 GT/s Demo Showcases Successful Interoperability, Reducing Integration Risk for Advanced High-Performance Computing SoCs SUNNYVALE, Calif. , Sept. 18, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasd...

2 months ago - PRNewsWire

20 stocks of aerospace and defense companies expected to grow sales most quickly through 2025

It may seem that Elon Musk owns the space business, with SpaceX's current monopoly on flying U.S. astronauts into orbit and its near-dominance of the satellite launch industry.

2 months ago - Market Watch

Synopsys Extends EDA Suite with Industry's First Full-Stack Big Data Analytics Solution

AI-driven Data Continuum Harnesses Untapped, Actionable Insights to Boost Productivity Across Design, Manufacturing, Testing, and In-Field Deployment Highlight s: Comprehensive AI-driven data analytic...

2 months ago - PRNewsWire