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Synopsys Inc SNPS Stock Quote

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Last close prices updated as of May 31, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 455.11
  • Sector Technology
  • Industry Software - Infrastructure
  • Investment Style Large Growth
  • Day Range 451.10  –  462.34
  • Year Range 267.00  –  468.03
  • Market Cap 69.2265 Bil
  • Volume / Avg 3.1 Mil /  880,631.4
  • Price / Sales 13.39
  • Price / Book 11.87
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis SNPS

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Synopsys Earnings: Signs of Strength Against a Tough Environment; Maintaining Fair Value of $382

Analyst Note

| Abhinav Davuluri |

Narrow-moat Synopsys reported solid second-quarter results that came in slightly below our revenue expectations, however, they were above our non-GAAP EPS expectations. Despite a tough macroenvironment involving a weaker semiconductor market, management is confident in future wins stemming from the firm’s customers prioritizing research and development in chip design for when demand ramps up again. With this in mind, management raised its full-year guidance, as well as guiding to a sequentially stronger third quarter. Synopsys remains confident in long-term demand as the company capitalizes on the secular push toward hyperscale computing, artificial intelligence, and 5G communications. We expect Synopsys’ solutions to continue to gain broad-based adoption as demand for higher complexity, tighter integration, and security in chips increases across industries. We are maintaining our $382 fair value estimate, and with afterhours shares trading around $384, we view shares as fairly valued.

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Key Statistics SNPS

Company Profile SNPS

Business Description

Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm’s growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys’ comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

690 East Middlefield Road
Mountain View, CA, 94043
Industry Software - Infrastructure
Employees 19,000

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Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of SNPS’s competitive advantage.

Synopsys Inc


Cadence Design Systems Inc


Siemens AG

−$9.87 (2.12%) −$3.84 (1.64%) −$3.32 (2.12%)
Market Cap
69.23 Bil62.97 Bil121.53 Bil
Software - Infrastructure Software - Application Specialty Industrial Machinery

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Synopsys Inc Stock

No. SNPS does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SNPS’s market cap is 69.23 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SNPS’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SNPS’s price/sales is 13.39.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SNPS’s price/forward earnings is 76.88.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SNPS’s price/book is 11.88.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SNPS’s valuation ratios compared to the Market Index.

SNPS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SNPS’s historical performance against its industry peers and the overall market.