Synopsys, Inc. (SNPS)
| Market Cap | 46.89B |
| Revenue (ttm) | 4.95B |
| Net Income (ttm) | 1.03B |
| Shares Out | 152.91M |
| EPS (ttm) | 6.50 |
| PE Ratio | 47.17 |
| Forward PE | 30.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 153,291 |
| Open | 307.20 |
| Previous Close | 303.34 |
| Day's Range | 303.30 - 308.72 |
| 52-Week Range | 255.02 - 391.17 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 423.68 (+38.2%) |
| Earnings Date | Aug 17, 2022 |
About SNPS
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides 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 USB,... [Read more...]
Financial Performance
In 2021, Synopsys's revenue was $4.20 billion, an increase of 14.08% compared to the previous year's $3.69 billion. Earnings were $757.52 million, an increase of 14.02%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for SNPS stock is "Buy." The 12-month stock price forecast is 423.68, which is an increase of 38.18% from the latest price.
News
Investors Heavily Search Synopsys, Inc. (SNPS): Here is What You Need to Know
Zacks.com users have recently been watching Synopsys (SNPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
4 Blue-Chip Stocks to Buy From Tech Sector Amid Market Swings
Grab these four blue-chip stocks from the technology sector - Cadence Design Systems (CDNS), STMicroelectronics, Fortinet and Synopsys.
3 Software Stocks to Watch for in a Challenging Industry
Computer Software industry participants like Synopsys (SNPS), Cadence Design Systems (CDNS) and DecisionPoint (DPSI) benefit from steady digital transformations and strong adoption of cloud computing.
New Synopsys Research Finds Significant Increase in Practices to Bolster Software Supply Chain Security
BSIMM13 data reveals nearly 50 percent surge in activities to secure open source components and integrate security into developer toolchains MOUNTAIN VIEW, Calif. , Sept. 21, 2022 /PRNewswire/ -- Synops...
Synopsys Unveils Industry's First Unified Emulation and Prototyping System Addressing Verification Requirements Acros...
Unified Hardware Provides Flexible Capacity with Faster Compile for Hardware Verification and Superior Performance for Software Development MOUNTAIN VIEW, Calif. , Sept. 20, 2022 /PRNewswire/ -- Deliver...
Synopsys (SNPS) Down 15.4% Since Last Earnings Report: Can It Rebound?
Synopsys (SNPS) reported earnings 30 days ago. What's next for the stock?
4 Oversold High-Quality Tech Picks Amid Market Volatility
Investors may consider adding high-quality oversold stocks like SNPS, CDNS, FTNT and MPWR to their portfolio amid the current stock market uncertainties and gain from their upside potential.
4 Large-Cap Technology Stocks to Diversify Your Portfolio
Here we present four stocks - SNPS, ZS, STM and FTNT - from the widely-diversified tech sector that are poised to perform well in the rest of 2022 despite a volatile market.
Down 15.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Synopsys (SNPS)
Synopsys (SNPS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising ea...
Is Synopsys (SNPS) a Solid Growth Stock? 3 Reasons to Think "Yes"
Synopsys (SNPS) could produce exceptional returns because of its solid growth attributes.
Why Synopsys (SNPS) is a Top Growth Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here is What to Know Beyond Why Synopsys, Inc. (SNPS) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store.
5 Top-Ranked Tech Stocks With Solid Upside Potential to Buy Now
Here we present five tech stocks - SNPS, VSH, CDNS, PSTG and FTNT - which are poised to perform well in the rest of 2022 despite a volatile market.
There's a ton of opportunity in the vertical software space, says Wolfe Research's Munda
Gal Munda, Wolfe Research director, joins 'TechCheck' to discuss whether we're in a period of increased productivity, how companies are thinking about technology and what parts of enterprise software ar...
Synopsys Approves Stock Repurchase Program with Authorization Up to $1.5 Billion
MOUNTAIN VIEW, Calif. , Sept. 1, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that its Board of Directors has replenished its stock repurchase program with an increased authorizati...
Wall Street's top analysts say buy these stocks amid the market uncertainty
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, Intel and Analog Devices.
Synopsys (SNPS) Boosts Shareholders' Wealth With $240M ASR Deal
Synopsys' (SNPS) latest stock-buyback program indicates its commitment to delivering a long-term shareholder value and reflects its confidence in the financial position and the ability to generate suffi...
Synopsys (SNPS) is an Incredible Growth Stock: 3 Reasons Why
Synopsys (SNPS) could produce exceptional returns because of its solid growth attributes.
Synopsys Initiates $240 Million Accelerated Share Repurchase Agreement
MOUNTAIN VIEW, Calif. , Aug. 25, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America, N.A.
Is Trending Stock Synopsys, Inc. (SNPS) a Buy Now?
Zacks.com users have recently been watching Synopsys (SNPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
1 Little-Known Chip Stock Is a Top Buy Right Now
Synopsys offers growth from the semiconductor industry but in software form.
Synopsys Selects Inclusively as Its Workforce Inclusion Partner
ST. LOUIS--(BUSINESS WIRE)-- #inclusively--Inclusively, a workforce inclusion platform that empowers employers with the insights, access, training and support they need to attract and retain previously ...
Synopsys CEO on the new wave of 'smart everything'
CNBC's Jim Cramer spoke with Synopsys CEO Aart de Geus on Thursday's episode of "Mad Money."
Synopsys (SNPS) Q3 Earnings and Revenues Beat Estimates
Synopsys' (SNPS) Q3 results reflect benefits from solid demand for its products amid rapid adoption of Big Data, faster computation and Machine Learning.
Synopsys (SNPS) Q3 Earnings and Revenues Top Estimates
Synopsys (SNPS) delivered earnings and revenue surprises of 2.94% and 2.07%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?