Synopsys Inc (SNPS)

NASDAQ
Currency in USD
507.19
+16.83(+3.43%)
Closed
After Hours
505.00-2.19(-0.43%)
SNPS Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
501.28510.95
52 wk Range
457.52629.38
Key Statistics
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Prev. Close
490.36
Open
501.46
Day's Range
501.28-510.95
52 wk Range
457.52-629.38
Volume
871.85K
Average Vol. (3m)
1.05M
1-Year Change
-0.82%
Book Value / Share
58.53
Fair Value
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Fair Value Upside
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SNPS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
633.07
Upside
+24.82%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins
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Synopsys Inc Company Profile

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in two segments, Design Automation and Design IP. 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; FPGA design products that are programmed to perform specific functions; synopsys technology computer-aided design (TCAD), mask synthesis, and manufacturing analytic solutions; and AI-driven EDA solutions. It also provides intellectual property (IP) solutions for UCIe, USB, PCI Express, DDR, Ethernet, MIPI, and HDMI; 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. The company was incorporated in 1986 and is headquartered in Sunnyvale, California.

Employees
20000

Synopsys Inc SWOT Analysis


Future Projections
Analysts set price targets ranging from $655 to $690, with Synopsys forecasting 10.6% revenue growth for FY25, potentially conservative given long-term opportunities.
Market Dynamics
Delve into Synopsys's competitive edge amidst industry tailwinds, including increasing chip design complexity and growing demand for AI-capable hardware.
Innovation Powerhouse
Explore Synopsys's diverse product portfolio, focusing on its thriving IP business and collaborations with industry giants to drive semiconductor advancements.
EDA Market Leade
Synopsys dominates the electronic design automation industry with robust financial performance, high margins, and strategic positioning in AI and 3D-IC technologies.
Read full SWOT analysis

Synopsys Inc Earnings Call Summary for Q4/2024

  • Synopsys beats Q4 EPS ($3.40 vs $3.30) and revenue ($1.64B vs $1.63B) forecasts; stock rises 4.93% post-earnings
  • FY2024 revenue up 15% YoY to $6.13B; non-GAAP EPS grew 25% to $13.20; operating margin at 38.5%
  • Company projects 10.1-11.1% revenue growth for FY2025; expects non-GAAP operating margin of 40%
  • CEO highlights AI's transformative role; company expands capabilities through strategic initiatives like ANSYS acquisition
  • Synopsys addresses China market concerns, emphasizing cautious approach amid export controls
Last Updated: 12/04/2024, 06:11 PM
Read Full Transcript

Compare SNPS to Peers and Sector

Metrics to compare
SNPS
Peers
Sector
Relationship
P/E Ratio
52.6x−11.4x11.4x
PEG Ratio
0.66−0.800.01
Price / Book
8.4x5.6x2.4x
Price / LTM Sales
12.4x6.5x2.1x
Upside (Analyst Target)
26.6%4.4%26.1%
Fair Value Upside
Unlock2.2%5.7%Unlock

Analyst Ratings

19 Buy
3 Hold
0 Sell
Ratings:
22 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 633.07

(+24.82% Upside)

Earnings

Latest Release
Dec 4, 2024
EPS / Forecast
3.40 / 3.30
Revenue / Forecast
1.64B / 1.63B
EPS Revisions
Last 90 days

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FAQ

What Is the Synopsys (SNPS) Stock Price Today?

The Synopsys stock price today is 507.19

What Stock Exchange Does Synopsys Trade On?

Synopsys is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Synopsys?

The stock symbol for Synopsys is "SNPS."

What Is the Synopsys Market Cap?

As of today, Synopsys market cap is 78.37B.

What is Synopsys Earnings Per Share?

The Synopsys EPS is 14.78.

What Is the Next Synopsys Earnings Date?

Synopsys will release its next earnings report on Feb 19, 2025.

From a Technical Analysis Perspective, Is SNPS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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