Shares of Synopsys have moved 0.6% today, and are now trading at a price of $438.38. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 220,797 compared to the stock's average volume of 2,720,314.
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. Based in Sunnyvale, United States the company has 20,000 full time employees and a market cap of $81,428,504,576.
The company is now trading -21.21% away from its average analyst target price of $556.4 per share. The 23 analysts following the stock have set target prices ranging from $425.0 to $630.0, and on average give Synopsys a rating of buy.
Over the last 12 months SNPS shares have declined by -13.6%, which represents a difference of -27.8% when compared to the S&P 500. The stock's 52 week high is $651.73 per share and its 52 week low is $365.74. Based on Synopsys's average net margin growth of 15.0% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 6,127,436 | 2,263,380 | 37 | 60.87 |
| 2023 | 5,318,014 | 1,229,888 | 23 | 9.52 |
| 2022 | 4,615,714 | 984,594 | 21 | 16.67 |
| 2021 | 4,204,193 | 757,516 | 18 | 0.0 |
| 2020 | 3,685,281 | 664,347 | 18 | 12.5 |
| 2019 | 3,360,694 | 532,367 | 16 |
