Synopsys, Inc. (SNPS)

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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Feb 26, 1992
• Employees: 19,000
• Stock Exchange: NASDAQ
• Ticker Symbol: SNPS

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%.

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

$520.6

(-5.86% downside)

Analyst Consensus: Strong Buy