SNPS 📈 Synopsys - Overview

Exchange: NASDAQ • Opening Hours • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8716071076

SNPS: Software, Design, Verification, IP, FPGA, Security, Testing

Synopsys, Inc. is a leading provider of electronic design automation (EDA) software products, empowering companies to design and test integrated circuits with unparalleled efficiency. The company operates through three distinct segments: Design Automation, Design IP, and Software Integrity.

In the realm of Design Automation, Synopsys offers a comprehensive suite of solutions, including Digital and Custom IC Design tools that facilitate digital design implementation. Its Verification solution is a powerhouse of virtual prototyping, static and formal verification, simulation, emulation, FPGA-based prototyping, and debug capabilities. Furthermore, the company's FPGA design products are programmed to perform specific functions, catering to diverse customer needs.

The Design IP segment is a treasure trove of intellectual property (IP) solutions, encompassing a wide range of applications such as USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy. Additionally, Synopsys provides logic libraries, embedded memories, processor cores, software, and application-specific instruction-set processor tools for embedded applications. Its security IP solutions, automotive market-specific IP solutions, and system-on-chip (SoC) infrastructure IP products are highly sought after by industry leaders.

In the Software Integrity segment, Synopsys offers a robust portfolio of security and quality testing products, managed services, programs, and professional services. These solutions enable customers to detect and remediate security vulnerabilities and defects in the software development lifecycle. The company's intelligent orchestration solution, software risk manager, and black duck software composition analysis tools are highly valued by its clients.

Synopsys serves a diverse range of industries, including electronics, financial services, automotive, medicine, energy, and industrial areas. With a rich history dating back to 1986, the company is headquartered in Sunnyvale, California, and continues to drive innovation in the EDA software space. For more information, please visit https://www.synopsys.com.

Additional Sources for SNPS Stock

SNPS Stock Overview

Market Cap in USD 79,994m
Sector Technology
Industry Software - Infrastructure
GiC SubIndustry Application Software
TER 0.00%
IPO / Inception 1992-02-26

SNPS Stock Ratings

Growth 5y 80.5
Fundamental 62.6
Dividend -
Rel. Performance vs Sector -2.39
Analysts 4.55/5
Fair Price Momentum 598.65 USD
Fair Price DCF 144.30 USD

SNPS Dividends

Dividend Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.00%

SNPS Growth Ratios

Growth Correlation 3m 54.4%
Growth Correlation 12m -21.7%
Growth Correlation 5y 95.8%
CAGR 5y 31.38%
CAGR/Mean DD 5y 3.56
Sharpe Ratio 12m 0.05
Alpha vs SP500 12m -38.81
Beta vs SP500 5y weekly 1.27
Volatility GJR Garch 1y 35.52%
Current Volume 734.5k
Average Volume 20d 852.9k
What is the price of SNPS stocks?
As of November 21, 2024, the stock is trading at USD 541.56 with a total of 734,542 shares traded.
Over the past week, the price has changed by -2.94%, over one month by +7.11%, over three months by -2.78% and over the past year by +0.01%.
Is Synopsys a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Synopsys (NASDAQ:SNPS) is currently (November 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 62.56 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SNPS as of November 2024 is 598.65. This means that SNPS is currently undervalued and has a potential upside of +10.54% (Margin of Safety).
Is SNPS a buy, sell or hold?
  • Strong Buy: 14
  • Buy: 4
  • Hold: 1
  • Sell: 1
  • Strong Sell: 0
Synopsys has received a consensus analysts rating of 4.55. Therefor, it is recommend to buy SNPS.
What are the forecast for SNPS stock price target?
According to ValueRays Forecast Model, SNPS Synopsys will be worth about 671.4 in November 2025. The stock is currently trading at 541.56. This means that the stock has a potential upside of +23.97%.
Issuer Forecast Upside
Wallstreet Target Price 634.5 17.2%
Analysts Target Price 483.6 -10.7%
ValueRay Target Price 671.4 24%