Synopsys/SNPS

$557.16

-0.85%
-
1D1W1MYTD1YMAX

About Synopsys

Synopsys, Inc. is engaged in supplying the electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs), chips or silicon. The Company provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them, including cloud-based digital design flow to boost chip-design development productivity. It also provides technical services and support. The Company has three segments. Design Automation segment includes its advanced silicon design, verification products and services, system integration products and services, digital, custom and FPGA IC design software, verification software and hardware products, manufacturing software products, and other. Design IP segment includes its Design IP products. Software Integrity segment includes solutions that test software code for security vulnerabilities and quality defects, as well as professional and managed services.

Ticker

SNPS

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Aart De Geus

Employees

20,300

Headquarters

Sunnyvale, United States

Synopsys Metrics

BasicAdvanced
$85.72B
Market cap
61.95
P/E ratio
$9.07
EPS
1.06
Beta
-
Dividend rate
$85.72B
1.05784
$629.38
$360.37
1.21M
1.289
1.144
0.254
0.254
78.901
13.63%
22.48%
18.69%
61.946
13.983
12.85
39.648
90.511
18.52%
47.42%
16.6%
22.12%

What the Analysts think about Synopsys

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 15 analysts.
15.24% upside
High $701.70
Low $600.00
$557.16
Current price
$642.05
Average price target

Synopsys Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.23% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.65B
3.13%
Net income
$449.1M
28.65%
Profit margin
27.23%
24.74%

Synopsys Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.79%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.54
$2.88
$3.17
$3.56
-
Expected
$2.46
$2.74
$3.04
$3.43
$3.06
Surprise
3.19%
5.21%
4.35%
3.79%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Synopsys stock?

Synopsys (SNPS) has a market cap of $85.72B as of April 14, 2024.

What is the P/E ratio for Synopsys stock?

The price to earnings (P/E) ratio for Synopsys (SNPS) stock is 61.95 as of April 14, 2024.

Does Synopsys stock pay dividends?

No, Synopsys (SNPS) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Synopsys dividend payment date?

Synopsys (SNPS) stock does not pay dividends to its shareholders.

What is the beta indicator for Synopsys?

Synopsys (SNPS) has a beta rating of 1.06. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Synopsys stock price target?

The target price for Synopsys (SNPS) stock is $642.05, which is 15.24% above the current price of $557.16. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Synopsys stock

Buy or sell Synopsys stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing