Shares of Technology sector company Synopsys moved -2.8% today, and are now trading at a price of $397.6. The Large-Cap stock's daily volume was 558,683 compared to its average volume of 2,759,260. The S&P 500 index returned a -1.0% performance.
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company is based in Sunnyvale and has 20,000 full time employees. Its market capitalization is $73,853,673,472.
23 analysts are following Synopsys and have set target prices ranging from $425.0 to $630.0 per share. On average, they have given the company a rating of buy. At today's prices, SNPS is trading -28.54% away from its average analyst target price of $556.4 per share.
Over the last year, SNPS shares have gone down by -28.7%, which represents a difference of -42.5% 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. With average free cash flows of $1.21 Billion that have been growing at an average rate of 12.3% over the last 5 years, Synopsys declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,407,029 | 123,161 | 1,283,868 | -15.18 |
| 2023 | 1,703,274 | 189,618 | 1,513,656 | -5.53 |
| 2022 | 1,738,900 | 136,589 | 1,602,311 | 14.54 |
| 2021 | 1,492,622 | 93,764 | 1,398,858 | 67.21 |
| 2020 | 991,313 | 154,717 | 836,596 | 38.88 |
| 2019 | 800,513 | 198,129 | 602,384 |
