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Technology - Software - Infrastructure - NASDAQ - US
$ 591.46
-0.722 %
$ 91.8 B
Market Cap
67.6
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one SNPS stock under the worst case scenario is HIDDEN Compared to the current market price of 591 USD, Synopsys, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one SNPS stock under the base case scenario is HIDDEN Compared to the current market price of 591 USD, Synopsys, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one SNPS stock under the best case scenario is HIDDEN Compared to the current market price of 591 USD, Synopsys, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SNPS

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$600.0$600.0$550.0$550.0$500.0$500.0$450.0$450.0$400.0$400.0$350.0$350.0Feb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 Jul
FINANCIALS
6.13 B REVENUE
4.87%
1.36 B OPERATING INCOME
6.81%
2.24 B NET INCOME
81.79%
1.41 B OPERATING CASH FLOW
-17.39%
1.22 B INVESTING CASH FLOW
353.68%
-181 M FINANCING CASH FLOW
84.85%
1.6 B REVENUE
10.23%
376 M OPERATING INCOME
49.47%
345 M NET INCOME
16.04%
275 M OPERATING CASH FLOW
508.22%
76 M INVESTING CASH FLOW
445.66%
10.1 B FINANCING CASH FLOW
7218.30%
Balance Sheet Synopsys, Inc.
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Current Assets 6.47 B
Cash & Short-Term Investments 4.05 B
Receivables 934 M
Other Current Assets 1.48 B
Non-Current Assets 6.6 B
Long-Term Investments 668 K
PP&E 1.13 B
Other Non-Current Assets 5.47 B
30.98 %7.15 %11.36 %8.64 %41.87 %Total Assets$13.1b
Current Liabilities 2.65 B
Accounts Payable 207 M
Short-Term Debt 190 M
Other Current Liabilities 2.25 B
Non-Current Liabilities 1.4 B
Long-Term Debt 590 M
Other Non-Current Liabilities 811 M
5.12 %4.68 %55.63 %14.56 %20.01 %Total Liabilities$4.1b
EFFICIENCY
Earnings Waterfall Synopsys, Inc.
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Revenue 6.13 B
Cost Of Revenue 1.25 B
Gross Profit 4.88 B
Operating Expenses 3.51 B
Operating Income 1.36 B
Other Expenses -880 M
Net Income 2.24 B
7b7b6b6b5b5b4b4b3b3b2b2b1b1b006b(1b)5b(4b)1b880m2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
79.68% GROSS MARGIN
79.68%
22.13% OPERATING MARGIN
22.13%
36.94% NET MARGIN
36.94%
25.17% ROE
25.17%
17.31% ROA
17.31%
11.93% ROIC
11.93%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Synopsys, Inc.
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2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.24 B
Depreciation & Amortization 295 M
Capital Expenditures -123 M
Stock-Based Compensation 692 M
Change in Working Capital -708 M
Others -1.44 B
Free Cash Flow 1.28 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Synopsys, Inc.
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Wall Street analysts predict an average 1-year price target for SNPS of $577 , with forecasts ranging from a low of $284 to a high of $663 .
SNPS Lowest Price Target Wall Street Target
284 USD -51.98%
SNPS Average Price Target Wall Street Target
577 USD -2.37%
SNPS Highest Price Target Wall Street Target
663 USD 12.10%
Price
Max Price Target
Min Price Target
Average Price Target
700700650650600600550550500500450450400400350350300300250250Sep '24Sep '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Synopsys, Inc.
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Sold
0-3 MONTHS
12 M USD 3
3-6 MONTHS
12.3 M USD 2
6-9 MONTHS
10.5 M USD 1
9-12 MONTHS
5.7 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Synopsys (SNPS) Rises Higher Than Market: Key Facts In the latest trading session, Synopsys (SNPS) closed at $591.46, marking a +1.15% move from the previous day. zacks.com - 1 day ago
Synopsys (SNPS) CFO on Ansys Acquisition, Expanding A.I. Reach into Hyperscalers Shelagh Glaser, CFO of Synopsys (SNPS), talks about the company's recent acquisition of Ansys. She believes it will make Synopsys a leading engineer for silicon design and software security. youtube.com - 4 days ago
Synopsys Completes Acquisition of Ansys Creating the Leader in Engineering Solutions from Silicon to Systems News Highlights: Combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products  Now positioned to win in an expanded $31 billion total addressable market (TAM)1 Fast-tracking integrated technology roadmap, with first set of combined capabilities planned for the first half of 2026 SUNNYVALE, Calif. , July 17, 2025 /PRNewswire/ -- Synopsys (Nasdaq: SNPS) today announced the completion of its acquisition of Ansys. prnewswire.com - 5 days ago
Live Updates: ASML Drops 7% After Earnings Live Updates Live Coverage Updates appear automatically as they are published. Earnings Conference Call Highlights 11:58 am Market Backdrop: AI as key growth driver for logic (capacity on leading nodes) and memory (HBM/DDR5 transitions). China revenue moderating to backlog proportion (~25%+). Customers adding ~30% EUV capacity YoY. Increasing EUV layers in advanced DRAM for process simplification. Uncertainties: Macro/geopolitical developments (e.g., tariffs) causing customer caution; Direct tariff impact limited (working with suppliers/customers); Indirect via GDP/demand harder to quantify. Some customers facing specific challenges affecting capex timing. Backlog adjustment (€1.4B) due to 2024 China controls. Technology Progress: Low-NA EUV: Strong momentum; NXE:3800E enabling more EUV use in DRAM. High-NA EUV: First EXE:5200B shipped/installed (175+ wafers/hour, ~60% productivity gain over EXE:5000); Maturing for HVM; Enables single-exposure vs. multi-patterning, reducing costs and supporting roadmaps. Future: Common platforms for low/high-NA by early next decade; Litho intensity rising with EUV adoption and node shrinks. Long-term Outlook: Semiconductor market strong; Product mix shifting to advanced logic/DRAM; EUV productivity and High-NA supporting cost reductions and more layers. Q&A Themes: EUV mix shifts (upgrades boosting Installed Base, higher ASPs); China demand healthy but adjusted; Tariff uncertainties delaying decisions (not changing fundamentals); Memory strong via AI/HBM; High-NA milestones focused on maturity for HVM; No major litho intensity pause post-2nm. The call emphasized AI-driven demand amid short-term uncertainties, with ASML preparing for growth while monitoring tariffs and customer plans. Guidance Overview 11:57 am ASML still down 10% as of noon EDT and lets review the guidance that left investors less enthused about the stock. Guidance: Q3 2025: Net sales €7.4-€7.9 billion; Installed Base ~€2 billion; Gross margin 50-52%; R&D ~€1.2 billion; SG&A ~€310 million. FY 2025: Revenue up ~15% YoY; Gross margin ~52%; Installed Base up >20% YoY; Demand skewed to H2; China >25% of revenue. 2026: Preparing for growth but cannot confirm due to uncertainties (macro, geo-political, tariffs); AI demand strong, but customer caution on capex timing. Long-term (2030): Revenue €44-€60 billion; Gross margin 56-60% (driven by AI, advanced logic/DRAM, higher EUV layers). Semiconductor Upgrades Today 9:49 am Ticker Company Analyst Firm Rating (Unchanged) New Price Target (Old) Reasons SNPS Synopsys BofA Buy $625 ($575) Received approval for $35B Ansys acquisition; Ansys tools well-positioned with ~15% exposure to semiconductor market. TXN Texas Instruments Deutsche Bank Hold $190 ($170) Updated model ahead of Q2 report; strong deliveries support Q2. AMD AMD Wells Fargo Overweight $185 ($120) Bullish into Q2 print; increasing estimates; sustained datacenter momentum into second half; roadmap execution and rack-scale strategy. Big Sell Off for ASML 9:42 am After management signaled lower than expected sales guidance, ASML opened trading down 10%. Stay tuned to the conference call to see if glimmers of good news can help alleviate this mornings sell off. How other semiconductor stocks are looking pre-market 8:12 am Taiwan Semiconductor (TSM): Down .48% Applied Materials (AMAT): Down 2.69% Lam Research (LRCX): Down 3.04% KLA Corporation (KLAC): Down 2.49% Q3 Sales Also troubling 8:02 am by Eric Bleeker ASML’s Q3 sales guidance of €7.4B to €7.9B are significantly below Wall Street’s estimates. We’ll see what commentary the company provides on their conference call. The stock is still down 7.1% in premarket trading. Why is ASML Down? 7:04 am by Eric Bleeker So, if ASML beat on the revenue and earnings last quarter, why is the company down 7% in premarket trading? There are two primary reasons I’m seeing. The company narrowed their revenue guidance to 15% growth this year. Previously ASML had listed a range of €30 billion to €35 billion. That 15% growth target is right in the middle 0f that range (€32.5 billion or so). While Wall Street estimates were a bit below that number at €32.2 billion, ASML had also rallied strongly in the past month. Its likely that institutional investors had anchored on ASML hitting above the midpoint of its prior targets, especially with so many other AI-adjacent stocks seeing phenomenal sales growth recently. And in ASML’s CEO commentary on its earnings release the company had this to say: ““Looking at 2026, we see that our AI customers’ fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.” I’ve bolded the last part for emphasis. ASML saying they can’t confirm growth in 2026 introduces significant uncertainty, especially since Wall Street currently expects the company to more than 7% sales growth next year. A review of ASML's Q2 7:00 am by Eric Bleeker ASML Holding NV Q2’25 Earnings Highlights: • Adj. EPS: €5.90 (Wall St. Estimate of €5.23) • Revenue: €7.7B (Wall St. Estimate of €7.54) • Adj. Gross Margin: 53.7% ; DOWN -30 bps QoQ • Net Income: €2.3B • Net Bookings: €5.5B Q3’25 Outlook: • Revenue: €7.4B to €7.9B – ASML expects total net sales for Q3 2025 to be between €7.4 billion and €7.9 billion, with a gross margin between 50% and 52%. The guidance reflects ongoing demand in the semiconductor sector, particularly driven by advancements in lithography technology and EUV adoption. – R&D costs are projected to be around €1.2 billion, while SG&A costs are expected to be approximately €310 million. Q2 Segment Performance: • Installed Base Management Revenue: €2.1B • New Lithography Systems Sold: 67 units • Used Lithography Systems Sold: 9 units Other Key Q2 Metrics: • Adj. Operating Income: €4.13B • Adj. Operating Expenses: €1.5B • R&D Expenses: €1.2B • Free Cash Flow: €1.4B • Effective Tax Rate: 15.0% • Cash and Cash Equivalents: €7.2B CEO Commentary: – Christophe Fouquet: “Our second-quarter total net sales came in at €7.7 billion, at the top end of our guidance. The gross margin was 53.7%, above guidance, primarily driven by higher upgrade business and one-offs resulting in lower costs. We see continued progress in litho intensity, particularly in DRAM, and the introduction of the TWINSCAN NXE:3800E reinforces that momentum. Meanwhile, EUV adoption is advancing as planned, including High NA. This quarter, we shipped the first TWINSCAN EXE:5200B system. Looking at 2026, we see that our AI customers’ fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.” Strategic Updates: – An interim dividend of €1.60 per ordinary share will be made payable on August 6, 2025. In the second quarter, ASML purchased around €1.4 billion worth of shares under the current 2022–2025 share buyback program. ASML (Nasdaq: ASML) reported before U.S. markets open today. The company is the first view into demand for the semiconductor industry this earnings season and is closely watched. ASML’s stock was already down 22% over the past year, but had been seeing a strong rebound in recent months. That rebound now appears to be ‘paused’ as the stock is dropping 7% in premarket trading. Let’s dive into ASML’s earnings and why Wall Street is reacting so negatively to them. ASML Earnings Expectations Here’s what Wall Street expected from ASML. Revenue: $8.755 billion (€7.54 billion ) EPS (Normalized): $6.07 (€5.23) Gross Margins: 51.47% Net Income (GAAP): $2.343 billion The company exceeded these numbers, delivering €7.7 billion on the top line and EPS of €5.90. However, as we’ll continue monitoring in this live blog, the stock is dropping because of forward guidance and commentary from the company in their earnings release. Key Areas to Watch ASML is expected to host an hour-long conference call at 9 a.m. ET. Here’s a few areas of focus to watch for. Geopolitical Uncertainty: Demand for AI products has remained robust and it appears major ASML customer Taiwan Semiconductor (NYSE: TSM) is pushing ahead with ambitious plans to build out new fabrication plants in America. What does ASML have to say about the impacts of tariffs and U.S. policies on its revenue forecasts and backlog? High-NA EUV Commentary: High-NA is the next moneymaker from ASML. The technology will continue pushing lithography systems to greater precision and come with a significant price tag. Wall Street will be closely watching what ASML has to say about recent progress in High-NA and when these systems will enter volume production. Booking Momentum: ASML saw bookings fall from €7.1 billion in Q4 down to €3.9 billion last quarter. Net bookings came in at €5.5 billion this quarter. That number exceeded Wall Street estimates, but what commentary will the company provide about future its future bookings pipeline? The post Live Updates: ASML Drops 7% After Earnings appeared first on 24/7 Wall St.. https://247wallst.com - 6 days ago
Synopsys (SNPS) Moves 3.6% Higher: Will This Strength Last? Synopsys (SNPS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 6 days ago
Ansys Acquisition by Synopsys Clears Regulatory Hurdles Worldwide ANSS moves closer to merging with Synopsys as final global approvals secure $35B deal set to close July 17. zacks.com - 1 week ago
China conditionally approving Synopsys' acquisition of Ansys CNBC's Eunice Yoon joins 'The Exchange' to discuss China conditionally approving Synopsys' acquisition of Ansys. youtube.com - 1 week ago
Synopsys Clears Final Regulatory Hurdle for $35B Ansys Deal Chip design software provider Synopsys (SNPS) said Monday it received approval from Chinese regulators for its $35 billion purchase of Ansys (ANSS), clearing the final regulatory hurdle for the deal. investopedia.com - 1 week ago
Synopsys Receives All Necessary Approvals for Proposed Acquisition of Ansys SUNNYVALE, Calif. , July 14, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has received approval from all necessary authorities to proceed with the acquisition of ANSYS, Inc. (Nasdaq: ANSS). prnewswire.com - 1 week ago
Synopsys Purchase of Ansys Gets OK From China. The $35 Billion Deal Is Set to Go Through. The companies were awaiting clearance from China's State Administration for Market Regulation. barrons.com - 1 week ago
China grants conditional approval for Synopsys to acquire Ansys China's market regulator has granted a conditional approval for software firm Synopsys to acquire Ansys , according to a statement released by the regulator on Monday. reuters.com - 1 week ago
Synopsys, Inc. (SNPS) is Attracting Investor Attention: Here is What You Should Know Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 week ago
8. Profile Summary

Synopsys, Inc. SNPS

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 91.8 B
Dividend Yield 0.00%
Description 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.
Contact 690 East Middlefield Road, Mountain View, CA, 94043 https://www.synopsys.com
IPO Date Feb. 26, 1992
Employees 20000
Officers Dr. Aart J. de Geus Ph.D. Co-Founder & Executive Chairman Mr. Richard S. Mahoney Chief Revenue Officer Ms. Alessandra Costa Senior Vice President of Operations Ms. Ann Minooka Chief Marketing Officer Mr. Antonio Varas Chief Strategy Officer Mr. John Koeter Senior Vice President of IP Group Ms. Jill Larsen Chief People Officer Mr. John F. Runkel Jr. General Counsel & Corporate Secretary Ms. Shelagh Glaser Chief Financial Officer Mr. Sassine Ghazi Chief Executive Officer, President & Director