NasdaqGS - Delayed Quote USD

Synopsys, Inc. (SNPS)

519.71 -7.87 (-1.49%)
At close: April 18 at 4:00 PM EDT
516.00 -3.71 (-0.71%)
Pre-Market: 6:45 AM EDT
Loading Chart for SNPS
DELL
  • Previous Close 527.58
  • Open 530.00
  • Bid 518.90 x 100
  • Ask 519.71 x 100
  • Day's Range 517.06 - 530.00
  • 52 Week Range 360.37 - 629.38
  • Volume 1,176,311
  • Avg. Volume 1,116,161
  • Market Cap (intraday) 79.279B
  • Beta (5Y Monthly) 1.05
  • PE Ratio (TTM) 57.49
  • EPS (TTM) 9.04
  • Earnings Date May 15, 2024 - May 20, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 604.48

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. 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 USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as optical products, and mechatronic simulations. Further, it provides security and quality testing products, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. Additionally, the company provides intelligent orchestration solution, software risk manager, and black duck software composition analysis tools. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Sunnyvale, California.

www.synopsys.com

20,300

Full Time Employees

October 31

Fiscal Year Ends

Recent News: SNPS

Performance Overview: SNPS

Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SNPS
0.93%
S&P 500
5.06%

1-Year Return

SNPS
36.70%
S&P 500
20.71%

3-Year Return

SNPS
99.30%
S&P 500
19.73%

5-Year Return

SNPS
347.87%
S&P 500
72.77%

Compare To: SNPS

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Statistics: SNPS

Valuation Measures

As of 4/18/2024
  • Market Cap

    79.27B

  • Enterprise Value

    78.67B

  • Trailing P/E

    57.36

  • Forward P/E

    39.37

  • PEG Ratio (5yr expected)

    2.42

  • Price/Sales (ttm)

    13.16

  • Price/Book (mrq)

    11.88

  • Enterprise Value/Revenue

    12.83

  • Enterprise Value/EBITDA

    45.14

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.96%

  • Return on Assets (ttm)

    8.75%

  • Return on Equity (ttm)

    22.54%

  • Revenue (ttm)

    6.13B

  • Net Income Avi to Common (ttm)

    1.41B

  • Diluted EPS (ttm)

    9.04

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.27B

  • Total Debt/Equity (mrq)

    9.99%

  • Levered Free Cash Flow (ttm)

    1.13B

Research Analysis: SNPS

Analyst Price Targets

564.89
604.48 Average
519.71 Current
660.64 High
 

Fair Value

Overvalued
% Return
519.71 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: SNPS

  • Analyst Report: Synopsys, Inc.

    Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm’s growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys’ comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

    Rating
    Neutral
    Price Target
     
  • SNPS: Lowering target price to $568.00

    SYNOPSYS INC has an Investment Rating of HOLD; a target price of $568.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     
  • SNPS: Lowering target price to $597.00

    SYNOPSYS INC has an Investment Rating of HOLD; a target price of $597.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     
  • SNPS: Lowering target price to $598.00

    SYNOPSYS INC has an Investment Rating of HOLD; a target price of $598.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     

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