Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
26 February 1992Website:
http://www.synopsys.comNext earnings report:
04 December 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 10 min agoDividend
Analysts recommendations
Institutional Ownership
SNPS Latest News
In the latest trading session, Synopsys (SNPS) finished at $518.40, showing an increase of 0.93% compared to the day before.
Synopsys, Inc. (Nasdaq: SNPS) has announced that it will share its results for the fourth quarter and the entire fiscal year 2024 on Wednesday, December 4, 2024, after the market closes. This announcement was made in Sunnyvale, California, on October 29, 2024.
Synopsys (SNPS) finished the last trading day at $501.58, which is an increase of 1.28% compared to the day before.
In the most recent trading session, Synopsys (SNPS) finished at $495.25, which is an increase of 0.37% compared to the day before.
The Investment Committee discusses the most recent Calls Of The Day.
Leading analysts on Wall Street have updated their opinions on these major companies. To see all the changes in analyst ratings, including both upgrades and downgrades, visit our analyst ratings page.
On the most recent trading day, Synopsys (SNPS) closed at $539.92, which is an increase of 1.28% compared to its last closing price.
Synopsys is a top company in the chip design software market, showing solid financial performance and steady growth. It has impressive gross margins over 80% and operating margins close to 25%, which leads to strong cash flow and benefits for shareholders. Even though its valuation ratios seem high, SNPS is actually undervalued, making it a promising investment option with the potential for increased value.
Synopsys is a strong company in the semiconductor sector, likely to provide low-double digit returns in the next ten years. Its competitive edge comes from high switching costs and a large intellectual property library, which helps maintain a loyal customer base and consistent profits. Acquiring Ansys could greatly increase Synopsys's total addressable market and competitive power, even though it comes with some risks and debt.
Synopsys shares are experiencing a decline because of increasing costs and competition in the market. Nevertheless, growth in revenue and smart acquisitions could help improve the situation.
What type of business is Synopsys?
Synopsys, Inc. provides software products for electronic design automation, designing and testing integrated circuits. It offers the Fusion Design Platform, a solution for digital design implementation; Verification Continuum Platform, which provides virtual prototyping, static and formal verification, modeling, emulation, FPGA-based prototyping, and debugging solutions; as well as FPGA design products that are programmed to perform specific functions. The company also offers IP solutions for low-power applications such as USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth; analog IPs including data converters and audio codecs; system-on-chip IP infrastructure; data IP panels and building blocks; verification IP products, as well as mathematical components and floating-point components; ARM AMBA interconnect and peripherals. Additionally, it provides logic libraries and embedded memory; configurable processor cores and application-specific instruction set extensions for embedded applications; IP subsystems for audio, sensor, and data fusion functions; as well as security IP solutions. The company was founded in 1986 and is headquartered in Mountain View, California.
What sector is Synopsys in?
Synopsys is in the Technology sector
What industry is Synopsys in?
Synopsys is in the Software Infrastructure industry
What country is Synopsys from?
Synopsys is headquartered in United States
When did Synopsys go public?
Synopsys initial public offering (IPO) was on 26 February 1992
What is Synopsys website?
https://www.synopsys.com
Is Synopsys in the S&P 500?
Yes, Synopsys is included in the S&P 500 index
Is Synopsys in the NASDAQ 100?
Yes, Synopsys is included in the NASDAQ 100 index
Is Synopsys in the Dow Jones?
No, Synopsys is not included in the Dow Jones index
When was Synopsys the previous earnings report?
No data
When does Synopsys earnings report?
The next expected earnings date for Synopsys is 04 December 2024