Synopsys, Inc. (SNPS)
| Market Cap | 86.89B |
| Revenue (ttm) | 6.13B |
| Net Income (ttm) | 1.41B |
| Shares Out | 152.54M |
| EPS (ttm) | 9.06 |
| PE Ratio | 62.65 |
| Forward PE | 42.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 95,600 |
| Open | 566.73 |
| Previous Close | 566.73 |
| Day's Range | 565.18 - 570.35 |
| 52-Week Range | 390.20 - 629.38 |
| Beta | 1.07 |
| Analysts | Strong Buy |
| Price Target | 618.73 (+8.59%) |
| Earnings Date | May 22, 2024 |
About SNPS
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 pe... [Read more]
Financial Performance
In 2023, Synopsys's revenue was $5.84 billion, an increase of 14.98% compared to the previous year's $5.08 billion. Earnings were $1.23 billion, an increase of 24.91%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SNPS stock is "Strong Buy." The 12-month stock price forecast is $618.73, which is an increase of 8.59% from the latest price.
News
Chinese Regulator Flags Synopsys Acquisition of Ansys
The chip software maker disclosed in a regulatory filing that China's State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it ca...
Majority of Organizations Impacted by Software Supply Chain Attacks Over the Past Year, with Many Struggling to Detect and Respond
More than half (54%) of organizations surveyed suffered a software supply chain attack in the past year, according to a new report from Synopsys Software Integrity Group and Ponemon Institute SUNNYVAL...
Synopsys to sell software unit to Clearlake, Francisco in $2.1 bln deal
Synopsys will sell its software integrity (SIG) unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said on Monday.
Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is e...
Exclusive: Synopsys nears $2 billion-plus software unit sale to buyout firms, sources say
A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, accord...
Synopsys and Samsung Electronics Collaborate to Achieve First Production Tapeout of Flagship Mobile CPU with Leading Performance on Samsung Foundry's GAA Process
Synopsys .ai Full Stack AI-Driven EDA Suite with CPU-specific Optimizations Delivers Unparalleled PPA with Highest Frequency and 10% Lower Power for Industry's Latest Mobile CPU with Generative AI Cap...
Synopsys Adds AI-Powered Application Security Assistant to Polaris Software Integrity Platform
Polaris Assist provides AI-augmented vulnerability summaries and code fixes to boost productivity for security and development teams. SUNNYVALE, Calif.
ANSYS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ANSYS, Inc. - ANSS
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ANSYS, Inc. (Nas...
Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes
Collaboration on AI-Driven Design Flows for Optimization and Productivity, Advancements in Photonic IC Integration, Plus Broad IP Development on TSMC 2nm Technology Highlights: Production-ready digita...
Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node
SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #RF--Keysight Technologies, Inc. (NYSE: KEYS), Synopsys, Inc. (Nasdaq: SNPS), and Ansys (Nasdaq: ANSS) introduce a new integrated radio frequency (RF) des...
Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024
SUNNYVALE, Calif., April 23, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the second quarter fiscal year 2024 on Wednesday, May 22, 2024, after the mar...
Synopsys Launches New Offering for Comprehensive Software Supply Chain Security
Black Duck Supply Chain Edition addresses vulnerabilities, license conflicts, and malicious code across open source and commercial dependencies as well as AI-generated code. SUNNYVALE, Calif.
Synopsys (SNPS) Benefits from Strong Hyperscaler & Data Center Activity
Synopsys (SNPS) is benefitting from strong hyperscaler and data center activity, according to a Piper Sandler analyst. George Tsilis discusses how Synopsys was initiated with an overweight rating and ...
Michael Landsberg on his top stock picks: SNPS, ORLY, AXON, RHMB
Michael Landsberg, Landsberg Bennett Private Wealth Management CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Monday.
Semi stocks will continue to bifurcate in performance, says James Cakmak
James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.
Synopsys CFO talks plans with Nvidia 'You can't build leading edge chips without us'
Synopsys (SNPS) received a shoutout from CEO Jensen Huang at Nvidia's (NVDA) GTC event: the company was highlighted for its Nvidia partnership, which will accelerate chip design leveraging AI. Synopsy...
Synopsys narrows down suitors for security unit to half dozen, CEO says
Synopsys CEO Sassine Ghazi said on Wednesday the company had narrowed down potential suitors for its security software unit to about half a dozen.
Synopsys says new tools help design cars, data centers faster
Synopsys on Wednesday showed a set of software tools designed to make it easier and faster to design cars, data centers and other big systems that rely on semiconductors.
Synopsys Announces New AI-Driven EDA, IP and Systems Design Solutions At SNUG Silicon Valley
CEO Sassine Ghazi Discusses Unprecedented Opportunity in Era of Pervasive Intelligence News Highlights: Announces Synopsys.ai customer momentum with applications including DSO.ai and VSO.ai delivering...
Synopsys Expands Semiconductor IP Portfolio With Acquisition of Intrinsic ID
SUNNYVALE, Calif. , March 20, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has completed the acquisition of Intrinsic ID, a leading provider of Physical Unclonable Functi...
We're mission critical to the chip design industry and Nvidia, says Synopsys CEO
Synopsys President and CEO Sassine Ghazi joins 'Mad Money' host Jim Cramer to discuss its partnership with Nvidia, AI-chip design, its acquisition of Ansys and more.
Synopsys CEO Sassine Ghazi goes one-on-one with Jim Cramer
Synopsys President and CEO Sassine Ghazi joins 'Mad Money' host Jim Cramer to discuss its partnership with Nvidia, AI-chip design, its acquisition of Ansys and more.
Synopsys Strengthens Polaris Software Integrity Platform with New Dynamic Security Testing Capabilities
Cloud-based dynamic analysis offering optimized for modern web applications, DevSecOps workflows SUNNYVALE, Calif. , March 19, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the av...
Synopsys Showcases EDA Performance and Next-Gen Capabilities with NVIDIA Accelerated Computing, Generative AI and Omniverse
Expanding Decades of Collaboration Across Synopsys' Full EDA Stack News Highlights: Enabling Synopsys' industry-leading full AI-driven EDA stack on the NVIDIA GH200 Grace Hopper Superchip; projecting ...
Synopsys Launches Industry's First Complete 1.6T Ethernet IP Solution to Meet High Bandwidth Needs of AI and Hyperscale Data Center Chips
Solution Helps Future-Proof Infrastructure Using New 1.6T Ethernet Controller IP, Silicon-Proven 224G PHY IP, and Verification IP Highlights: Available now and adopted by multiple customers, Synopsys'...