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Synopsys, Inc. (SNPS)

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524.52 +6.12 (+1.18%)
At close: November 4 at 4:00 PM EST
525.71 +1.19 (+0.23%)
Pre-Market: 4:55 AM EST
Loading Chart for SNPS
DELL
  • Previous Close 518.40
  • Open 521.60
  • Bid 524.16 x 100
  • Ask 524.58 x 100
  • Day's Range 516.98 - 527.25
  • 52 Week Range 457.52 - 629.38
  • Volume 583,014
  • Avg. Volume 1,058,953
  • Market Cap (intraday) 80.574B
  • Beta (5Y Monthly) 1.08
  • PE Ratio (TTM) 54.07
  • EPS (TTM) 9.70
  • Earnings Date Dec 4, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 641.47

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

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Related Videos: SNPS

How CHIPS Act changes under new admin. could affect the AI trade

Investors consider how changes in the CHIPS Act would affect the artificial intelligence (AI) trade ahead of the US presidential election between Vice President Kamala Harris and former President Donald Trump. Bokeh Capital Partners founder and CIO Kimberly Forrest joins Seana Smith and Madison Mills on Catalysts to discuss what to expect from potential changes in the CHIPS Act. Forrest tells Yahoo Finance she doesn't expect the CHIPS Act to end under President Joe Biden's successor, but there will likely be changes. "I don't think it's going to end, but I do think the rules are probably going to be revised. I think the current administration put a lot of provisions in that may be slowing down the actual building of chip plants and chips. So I think if either one of them wins, they're going to have to look at that and see how quickly they want the CHIPS Act to actually affect the chips being produced in America." She adds, "I'm somebody that really believes in the CHIPS Act because so much is created in Taiwan, and I don't think the normal investor, or even especially the normal consumer, doesn't realize where all of the electronics start, which is on the island of Taiwan that is very close to China. And China would really like to own that outright [and] drive what happens in Taiwan." The strategist highlights Micron (MU), AMD (AMD), and Synopsys (SNPS) as her top AI picks. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

Performance Overview: SNPS

Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SNPS
1.87%
S&P 500
19.77%

1-Year Return

SNPS
7.50%
S&P 500
31.07%

3-Year Return

SNPS
57.32%
S&P 500
22.57%

5-Year Return

SNPS
285.39%
S&P 500
86.27%

Compare To: SNPS

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: SNPS

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Valuation Measures

Annual
As of 11/4/2024
  • Market Cap

    80.57B

  • Enterprise Value

    79.25B

  • Trailing P/E

    54.08

  • Forward P/E

    35.09

  • PEG Ratio (5yr expected)

    2.40

  • Price/Sales (ttm)

    12.60

  • Price/Book (mrq)

    10.45

  • Enterprise Value/Revenue

    12.22

  • Enterprise Value/EBITDA

    42.66

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    23.11%

  • Return on Assets (ttm)

    8.62%

  • Return on Equity (ttm)

    21.82%

  • Revenue (ttm)

    6.48B

  • Net Income Avi to Common (ttm)

    1.51B

  • Diluted EPS (ttm)

    9.70

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.99B

  • Total Debt/Equity (mrq)

    8.70%

  • Levered Free Cash Flow (ttm)

    -144.23M

Research Analysis: SNPS

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 1.53B
Earnings 408.06M
Q3'23
Q4'23
Q1'24
Q2'24
0
500M
1B
1.5B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

496.12
641.47 Average
524.52 Current
707.78 High
 

Company Insights: SNPS

Research Reports: SNPS

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  • Rating decreased to a HOLD

    SYNOPSYS INC has an Investment Rating of HOLD; a target price of $556.000000; 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
    Price Target
     
  • Lowering target price to $653.00

    SYNOPSYS INC has an Investment Rating of BUY; a target price of $653.000000; 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
    Price Target
     
  • What does Argus have to say about SNPS?

    SYNOPSYS INC has an Investment Rating of BUY; a target price of $673.000000; 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 High; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $673.00

    SYNOPSYS INC has an Investment Rating of BUY; a target price of $673.000000; 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 High; and a Value Subrating of Medium.

    Rating
    Price Target
     

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