Market Summary
USD373.92-2.64
Market Closed-0.70%
SNPS Alerts
SNPS Stock Price
SNPS RSI Chart
SNPS Valuation
SNPS Price/Sales (Trailing)
SNPS Profitability
SNPS Fundamentals
SNPS Revenue
SNPS Earnings
Price Action
52 Week Range
255.02391.17
(Low)(High)
Last 7 days
0.7%
Last 30 days
6.1%
Last 90 days
17.6%
Trailing 12 Months
15.7%
SNPS Financial Health
SNPS Investor Care
Peers (Alternatives to Synopsys)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.1T | 204.1B | 11.55% | -7.07% | 30.98 | 10.24 | 10.38% | -5.25% |
ORCL | 237.2B | 46.1B | 1.96% | 8.47% | 26.96 | 5.15 | 11.29% | -14.28% |
CRM | 189.5B | 31.4B | 16.34% | -11.18% | 911.01 | 6.04 | 19.41% | -85.60% |
ADBE | 173.2B | 17.6B | 7.52% | -13.23% | 36.42 | 9.84 | 11.54% | -1.37% |
ZM | 20.4B | 4.4B | -5.93% | -41.37% | 196.74 | 4.64 | 7.15% | -92.46% |
AZPN | 12.1B | - | -7.60% | 30.28% | 44.35 | 17.39 | - | - |
| MID-CAP | ||||||||
PLAN | 9.6B | - | -1.97% | 16.85% | -45.68 | 15.19 | - | - |
MANH | 9.2B | 767.1M | 3.22% | 4.63% | 71.04 | 11.94 | 15.59% | 16.73% |
GWRE | 6.4B | 869.9M | 7.80% | -18.19% | -32.37 | 7.38 | 13.87% | -103.37% |
APPN | 2.9B | 468.0M | -7.97% | -36.63% | -19.31 | 6.23 | 26.74% | -70.26% |
PING | 2.4B | 308.3M | 1.17% | 7.67% | -23.16 | 7.93 | 13.75% | -237.98% |
| SMALL-CAP | ||||||||
ZUO | 1.2B | 383.7M | 7.01% | -39.43% | -9.85 | 3.22 | 14.43% | -50.89% |
YEXT | 1.1B | 399.9M | 31.21% | 29.01% | -13.97 | 2.84 | 4.73% | 8.15% |
UPLD | 136.0M | 317.3M | -51.83% | -75.83% | -1.99 | 0.43 | 5.06% | -17.52% |
Financials for Synopsys
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 1.8% | 5,173 | 5,082 | 4,950 | 4,759 | 4,504 |
| Cost Of Revenue | 2.6% | 1,091 | 1,064 | 1,016 | 950 | 911 |
| Gross Profit | 1.6% | 4,082 | 4,018 | 3,934 | 3,809 | 3,593 |
| Operating Expenses | 5.4% | 3,011 | 2,856 | 2,799 | 2,706 | 2,660 |
| S&GA Expenses | 3.9% | 810 | 780 | 769 | 741 | 722 |
| R&D Expenses | 4.8% | 1,762 | 1,680 | 1,633 | 1,559 | 1,531 |
| EBITDA | -3.9% | 1,293 | 1,345 | 1,295 | - | - |
| EBITDA Margin | -5.6% | 0.25* | 0.26* | 0.27* | - | - |
| Earnings Before Taxes | -4.3% | 1,067 | 1,116 | 1,102 | 1,079 | 956 |
| EBT Margin | -6.0% | 0.21* | 0.22* | 0.22* | - | - |
| Interest Expenses | - | 1.00 | - | - | - | - |
| Net Income | -4.3% | 942 | 985 | 1,033 | 1,009 | 909 |
| Net Income Margin | -6.0% | 0.18* | 0.19* | 0.21* | - | - |
| Free Cahsflow | -2.7% | 1,560 | 1,602 | 1,586 | 1,581 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 1.6% | 9,566 | 9,418 | 9,330 | 9,210 | 8,901 |
| Current Assets | 0.5% | 3,028 | 3,013 | 2,899 | 3,074 | 2,947 |
| Cash Equivalents | -18.5% | 1,155 | 1,418 | 1,384 | 1,574 | 1,127 |
| Inventory | 4.2% | 221 | 212 | 220 | 214 | 213 |
| Net PPE | 7.0% | 517 | 483 | 487 | 492 | 478 |
| Goodwill | 0.6% | 3,865 | 3,842 | 3,855 | 47.00 | 16.00 |
| Liabilities | 0.7% | 3,887 | 3,859 | 3,678 | 3,599 | 3,511 |
| Current Liabilities | -1.8% | 2,725 | 2,774 | 2,546 | 2,463 | 2,472 |
| . Short Term Borrowings | NaN% | - | - | - | - | - |
| LT Debt, Non Current | -1.2% | 21.00 | 21.00 | 22.00 | 24.00 | 24.00 |
| Shareholder's Equity | 2.2% | 5,637 | 5,516 | 5,604 | 5,567 | 5,390 |
| Retained Earnings | 4.9% | 5,806 | 5,534 | 5,378 | 5,158 | 4,863 |
| Additional Paid-In Capital | -13.1% | 1,293 | 1,487 | 1,415 | 1,517 | 1,430 |
| Shares Outstanding | 0.0% | 152 | 152 | 153 | 153 | 153 |
| Minority Interest | 23.9% | 6.00 | 5.00 | 4.00 | 3.00 | 3.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -2.4% | 1,698 | 1,739 | 1,716 | 1,698 | 1,474 |
| Share Based Compensation | 8.4% | 497 | 459 | 430 | 388 | 357 |
| Cashflow From Investing | 5.5% | -540 | -572 | -694 | -614 | -513 |
| Cashflow From Financing | 1.6% | -1,098 | -1,116 | -984 | -944 | -850 |
| Buy Backs | 4.6% | 1,151 | 1,100 | 932 | 855 | 760 |
Risks for SNPS
What is the probability of a big loss on SNPS?
75.4%
Probability that Synopsys stock will be more than 20% underwater in next one year
18.1%
Probability that Synopsys stock will be more than 30% underwater in next one year.
0%
Probability that Synopsys stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SNPS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Synopsys was unfortunately bought at previous high price.
Drawdowns
Returns for SNPS
Cumulative Returns on SNPS
26.7%
10-Year Cumulative Returns
34.3%
7-Year Cumulative Returns
35.5%
5-Year Cumulative Returns
46.2%
3-Year Cumulative Returns
What are the long-term rolling returns for SNPS?
FIve years rolling returns for Synopsys.
Annualized Returns
Which funds bought or sold SNPS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.98 | 350,257 | 14,684,800 | 0.12% |
2023-03-17 | American Portfolios Advisors | reduced | -1.99 | -10,731 | 751,860 | 0.03% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 19.95 | 93,567 | 464,567 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -36.39 | -41,029,500 | 81,352,500 | 0.09% |
2023-03-10 | MATHER GROUP, LLC. | reduced | -24.1 | -190,061 | 728,939 | 0.01% |
2023-03-08 | Capital Asset Advisory Services LLC | added | 49.96 | 198,197 | 541,197 | 0.04% |
2023-03-06 | OLD MISSION CAPITAL LLC | sold off | -100 | -214,000 | - | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -0.34 | 90,000 | 2,275,000 | 0.01% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | added | 2.16 | 1,215,970 | 19,190,000 | 1.19% |
2023-03-03 | TIAA, FSB | added | 14.63 | 2,510,430 | 15,185,400 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SNPS Alerts
Synopsys News
Schedule 13G FIlings of Synopsys
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 3.5% | 5,390,531 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 8.71% | 13,273,486 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 8.8% | 13,430,066 | SC 13G | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 6.3% | 9,737,325 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.13% | 17,070,637 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.5% | 13,116,235 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 6.9% | 10,575,131 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 11.12% | 17,022,619 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 8.3% | 12,777,336 | SC 13G/A | |
| Feb 14, 2020 | price t rowe associates inc /md/ | 5.4% | 8,206,918 | SC 13G/A |
SNPS Fair Value
Synopsys fair value in different scenarios
The table shows the Fair Value estimates for Synopsys for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 124.29 -66.76% | 156.03 -58.27% | 211.03 -43.56% | 268.24 -28.26% | 331.43 -11.36% |
| Current Inflation | 113.75 -69.58% | 140.57 -62.41% | 186.29 -50.18% | 233.58 -37.53% | 286.01 -23.51% |
| Very High Inflation | 100.85 -73.03% | 122.03 -67.36% | 157.35 -57.92% | 193.70 -48.20% | 234.22 -37.36% |
Historical Synopsys Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Synopsys
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 8-K | Current Report | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading | |
| Feb 22, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SNPS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-28 | Kankanwadi Sudhindra | acquired | 9,891 | 282 | 35.00 | chief accounting officer |
2023-02-28 | RUNKEL JOHN F JR | acquired | 9,891 | 282 | 35.00 | gc & corporate secretary |
2023-02-28 | Ghazi Sassine | acquired | 9,939 | 261 | 38.00 | president and coo |
2023-02-28 | MAHONEY RICHARD S. | acquired | 9,891 | 282 | 35.00 | chief revenue officer |
2023-02-28 | DE GEUS AART | acquired | 9,939 | 261 | 38.00 | chairman of the board & ceo |
2023-02-24 | Kankanwadi Sudhindra | sold | -1,444,300 | 361 | -4,000 | chief accounting officer |
2023-02-24 | Kankanwadi Sudhindra | acquired | 241,480 | 60.37 | 4,000 | chief accounting officer |
2023-02-17 | RUNKEL JOHN F JR | sold | -1,225,930 | 353 | -3,464 | gc & corporate secretary |
2023-02-17 | RUNKEL JOHN F JR | acquired | 465,599 | 134 | 3,464 | gc & corporate secretary |
2023-01-09 | Ghazi Sassine | sold | -9,612,850 | 329 | -29,136 | president and coo |
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides 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, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; 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 logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, 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. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.
SNPS Income Statement
2023-01-31Unaudited Condensed Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Jan. 31, 2023 | Jan. 31, 2022 | |
| Revenue: | ||
| Total revenue | $ 1,361,340 | $ 1,270,255 |
| Cost of revenue: | ||
| Amortization of intangible assets | 18,640 | 13,360 |
| Total cost of revenue | 284,354 | 256,984 |
| Gross margin | 1,076,986 | 1,013,271 |
| Operating expenses: | ||
| Research and development | 465,329 | 383,971 |
| Sales and marketing | 210,785 | 180,510 |
| General and administrative | 97,364 | 81,008 |
| Amortization of intangible assets | 6,717 | 9,000 |
| Restructuring charges | 40,859 | 11,746 |
| Total operating expenses | 821,054 | 666,235 |
| Operating income | 255,932 | 347,036 |
| Other income (expense), net | 23,292 | (19,793) |
| Income before income taxes | 279,224 | 327,243 |
| Provision (benefit) for income taxes | 10,597 | 13,902 |
| Net income | 268,627 | 313,341 |
| Net income (loss) attributed to non-controlling interest and redeemable non-controlling interest | (2,909) | (346) |
| Net income attributed to Synopsys | $ 271,536 | $ 313,687 |
| Net income per share attributed to Synopsys: | ||
| Basic (in USD per share) | $ 1.78 | $ 2.05 |
| Diluted (in USD per share) | $ 1.75 | $ 1.99 |
| Shares used in computing per share amounts: | ||
| Basic (shares) | 152,401 | 153,218 |
| Diluted (shares) | 155,076 | 157,273 |
| Product | ||
| Revenue: | ||
| Total revenue | $ 1,118,971 | $ 1,075,757 |
| Cost of revenue: | ||
| Cost of revenue | 174,367 | 165,399 |
| Time-based products | ||
| Revenue: | ||
| Total revenue | 782,313 | 707,483 |
| Upfront products | ||
| Revenue: | ||
| Total revenue | 336,658 | 368,274 |
| Maintenance and service | ||
| Revenue: | ||
| Total revenue | 242,369 | 194,498 |
| Cost of revenue: | ||
| Cost of revenue | $ 91,347 | $ 78,225 |
SNPS Balance Sheet
2023-01-31Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jan. 31, 2023 | Oct. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,154,873 | $ 1,417,608 |
| Short-term investments | 147,050 | 147,913 |
| Total cash, cash equivalents and short-term investments | 1,301,923 | 1,565,521 |
| Accounts receivable, net | 1,035,323 | 796,091 |
| Inventories | 220,881 | 211,927 |
| Prepaid and other current assets | 470,272 | 439,130 |
| Total current assets | 3,028,399 | 3,012,669 |
| Property and equipment, net | 516,925 | 483,300 |
| Operating lease right-of-use assets, net | 586,892 | 559,090 |
| Goodwill | 3,864,833 | 3,842,234 |
| Intangible assets, net | 361,154 | 386,446 |
| Deferred income taxes | 719,082 | 670,653 |
| Other long-term assets | 488,339 | 463,695 |
| Total assets | 9,565,624 | 9,418,087 |
| Current liabilities: | ||
| Accounts payable and accrued liabilities | 663,594 | 809,403 |
| Operating lease liabilities | 66,326 | 54,274 |
| Deferred revenue | 1,995,077 | 1,910,822 |
| Total current liabilities | 2,724,997 | 2,774,499 |
| Long-term operating lease liabilities | 603,538 | 581,273 |
| Long-term deferred revenue | 172,794 | 154,472 |
| Long-term debt | 20,569 | 20,824 |
| Other long-term liabilities | 364,975 | 327,829 |
| Total liabilities | 3,886,873 | 3,858,897 |
| Redeemable non-controlling interest | 36,049 | 38,664 |
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value: 2,000 shares authorized; none outstanding | 0 | 0 |
| Common stock, $0.01 par value: 400,000 shares authorized; 152,380 and 152,375 shares outstanding, respectively | 1,524 | 1,524 |
| Capital in excess of par value | 1,292,900 | 1,487,126 |
| Retained earnings | 5,805,843 | 5,534,307 |
| Treasury stock, at cost: 4,881 and 4,886 shares, respectively | (1,321,180) | (1,272,955) |
| Accumulated other comprehensive income (loss) | (142,333) | (234,277) |
| Total Synopsys stockholders’ equity | 5,636,754 | 5,515,725 |
| Non-controlling interest | 5,948 | 4,801 |
| Total stockholders’ equity | 5,642,702 | 5,520,526 |
| Total liabilities, redeemable non-controlling interest and stockholders’ equity | $ 9,565,624 | $ 9,418,087 |