Synopsys Inc. (SNPS)
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Synopsys Inc. (SNPS) overview
Synopsys makes electronic-design-automation software used to design chips. It is a member of the S&P 500 and is classified in the Information Technology sector — hardware, software and semiconductor companies driving the digital economy.
Synopsys Inc. trades on the NasdaqGS under the ticker symbol SNPS. As of the most recent market data, the stock was priced around $384.28, down 7.85% on the session, giving Synopsys Inc. a market capitalization of roughly $73.58B.
Over the past 52 weeks, SNPS has traded between $366.00 and $651.73. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 95.4, a common gauge of how richly the market prices the company's earnings.
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Why investors watch SNPS
As one of the larger companies in the Information Technology sector, Synopsys Inc. is closely followed by investors and often moves with broader trends across hardware, software and semiconductor companies driving the digital economy. Traders watch SNPS for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Market Mood
Latest SNPS news
Synopsys (SNPS) Stock Price Predicted to Reach $1,100 by 2030
Synopsys (SNPS) stock fell 19% over the past year despite a 42% increase in revenue. The company reported a 95% decline in GAAP net income to $17.1 million in Q2 FY2026, primarily due to high amortization charges of $403.6 million. Analysts project a target price range of $511.48 to $1,100 for 2030, necessitating a gain of 148% from the current price of $443.37. This information is significant for investors as it highlights potential growth opportunities in the semiconductor sector amidst evolving AI technology demands.
Read More: Synopsys (SNPS) Stock Price Predicted to Reach $1,100 by 2030
Synopsys (SNPS) Upgraded to Overweight by Piper Sandler with $550 Target
On June 23, Piper Sandler upgraded Synopsys, Inc. (SNPS) to 'Overweight' from Neutral, raising the price target from $450 to $550. Analyst Clarke Jeffries highlighted expectations of a faster recovery in Synopsys' intellectual property business, influenced by Intel's improvements in manufacturing. Synopsys recently settled with Elliott Investment Management, which led to the appointment of Jesse Cohn to its board. This shift aims to enhance margins and financial execution while positioning Synopsys to benefit from rising AI investments.
Read More: Synopsys (SNPS) Upgraded to Overweight by Piper Sandler with $550 Target
Synopsys (SNPS) Raises Annual Forecast After AI Demand Increase
Synopsys (SNPS) upgraded its annual forecast, attributing this to increased demand for its AI chip design software. The company noted that this demand is significant for both their revenue growth and overall market position. Specific figures regarding the expected revenue increase or percentage growth were not disclosed in the announcement. This development is indicative of the growing market for AI-related technologies, which may positively impact investor sentiment toward SNPS shares.
Read More: Synopsys (SNPS) Raises Annual Forecast After AI Demand IncreaseMore Information Technology stocks
Frequently asked questions
Is Synopsys Inc. in the S&P 500?
Yes. Synopsys Inc. (SNPS) is a member of the S&P 500 index, classified in the Information Technology sector.
What sector is SNPS in?
Synopsys Inc. is classified in the Information Technology sector of the S&P 500 — hardware, software and semiconductor companies driving the digital economy.
Where can I find the latest SNPS news?
This page collects recent Synopsys Inc. (SNPS) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is Synopsys Inc.'s stock price?
As of the most recent market data, Synopsys Inc. (SNPS) traded at approximately $384.28. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is Synopsys Inc.'s market cap?
Synopsys Inc. has a market capitalization of roughly $73.58B, based on its most recent share price and shares outstanding.
What is SNPS's P/E ratio?
SNPS trades at a trailing price-to-earnings ratio of about 95.4. The P/E ratio compares a company's share price to its earnings per share.