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SNPS · NASDAQ · Software - Infrastructure

Synopsys

Design software, silicon IP, and multiphysics simulation for chips and complex products.

$442.91
After-hours close+0.33 (+0.07%)
At close$442.58(−4.80%)
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Profile

Synopsys, Inc.SNPSInformation Technology

Provides EDA software, verification hardware, reusable silicon IP, and Ansys simulation tools through subscription and upfront licenses. Its two segments span chip and system design, with a global customer base and demand tied to semiconductor design activity.

Provides electronic design automation software and verification hardware for designing, testing, and manufacturing integrated circuits. The Design Automation segment also houses Ansys simulation and analysis software, which models structures, fluids, thermal behavior, and electronics for product development across semiconductor, aerospace, automotive, industrial, and other markets.

Supplies Design IP—interface blocks, logic libraries, embedded memories, security IP, and related implementation services—for reuse inside chips. Term-based software licenses and support generate much of the recurring revenue stream, while IP, hardware, and some simulation products are recognized upfront. Its integrated workflow connects chip implementation and verification with multiphysics system simulation. Operations are global, with roughly half of revenue outside the United States, and depend on new semiconductor design projects, compatibility with major foundry processes, and compliance with export controls.

Company facts

CEOSassine Ghazi
ListedFeb 26, 1992
ExchangeNASDAQ
HeadquartersSunnyvale, CA
CountryUnited States
Employees28,000
CIK0000883241
ISINUS8716071076

Key statistics

Market cap$84.75B
EPS (ttm)$2.39
P/E (ttm)185.27
ROE3.6%
P/B2.72
P/S9.00
Dividend yield
Beta1.72vs XLK 0.47

Year to date −7.9% · Average volume (30d) 1.8M

Analysts

Price target, next 12 months$560.00+26.5%Median of 29 analysts · vs the Aug 28 close
ConsensusBuy24 of 29 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 27, 2026UBSTarget$570
Aug 27, 2026Mizuho SecuritiesTarget$650$550
Aug 27, 2026Robert W. BairdTarget$558$560
Aug 25, 2026Rosenblatt SecuritiesTarget$635$575
Aug 19, 2026Morgan StanleyReiterateEqual Weight$525$500

Earnings

EPS

Estimate$3.67
Reported$3.91+6.5%

Revenue

Estimate$2.44B
Reported$2.48B+1.6%

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 26, 2026Q3 FY26$3.67$3.91+6.5%$2.44B$2.48B+1.6%+13.39%
May 27, 2026Q2 FY26$3.15$3.35+6.3%$2.25B$2.28B+1.1%−8.61%
Feb 25, 2026Q1 FY26$3.56$3.77+5.9%$2.39B$2.41B+0.8%−5.16%
Dec 10, 2025Q4 FY25$2.78$2.90+4.3%$2.25B$2.25B+0.3%+0.30%
View details

Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$1.60B$1.74B$2.25B$2.41B$2.28B$2.48B
Gross profit$1.29B$1.36B$1.60B$1.77B$1.65B$1.80B
Operating income$376.4M$165.3M$121.4M$203.0M$236.3M$357.5M
Net income$345.3M$242.5M$448.7M$64.7M$17.1M−$81.8M
Diluted EPS$2.24$1.50$2.39$0.40$0.09−$0.49
Gross margin80.2%78.1%71.0%73.5%72.3%72.6%
Operating margin23.5%9.5%5.4%8.4%10.4%14.4%

Fiscal years (4-quarter sums)FY21 $4.20B · FY22 $5.08B · FY23 $5.58B · FY24 $6.13B · FY25 $7.05B

Revenue by product · Q3 FY26

License And Maintenance$1.00B · 40%
Technology Service$808.8M · 33%
License$665.2M · 27%

Revenue by geography · Q3 FY26

United States$1.05B · 42%
Other Countries$472.9M · 19%
Europe$370.9M · 15%
Korea, Republic of$325.6M · 13%
China$255.5M · 10%

Balance sheet, Jul 31, 2026Cash & short-term investments $3.61B · Total debt $10.84B · Total assets $47.73B · Shareholders' equity $31.15B

Dividends

No dividends on record.

Ownership

Institutions 156.40%Insiders 0.26%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 191.48M · Float 190.38M · 99.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.16.20M8.46%13FAug 7, 2026
Vanguard Capital Management LLC12.51M6.53%13FAug 13, 2026
State Street Corp9.07M4.74%13FAug 7, 2026
Invesco Ltd.6.03M3.15%13FAug 14, 2026
FMR LLC5.99M3.13%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 15, 2026Sassine Ghazidirector, officer: PRESIDENT AND CEO−14,603$458.96
Jun 12, 2026Shelagh Glaserofficer: CFO−3,394$450.02
Jan 12, 2026Janet Leeofficer: GC & Corporate Secretary−250$530.00
Jan 7, 2026Janet Leeofficer: GC & Corporate Secretary−250$510.00
Dec 19, 2025Shelagh Glaserofficer: CFO−2,613$460.77
View details

Peers

  • Cadence Design Systems

    Head-to-head rival across EDA, silicon IP, and now multiphysics simulation.

  • Arm (ADR)

    Dominant processor IP licensor vs DesignWare ARC in embedded SoC designs.

  • Keysight Technologies

    RF/microwave EDA and optical simulation rival via PathWave ADS.

CompareAfter-hours close

CompanyPriceChange
Synopsys$442.91+0.07%$84.75B185.326.99.0+42.4%
Cadence Design Systems$329.89−3.10%$93.74B67.739.716.1+24.2%
Arm (ADR)$239.00−0.02%$255.31B246.4100.049.5+22.4%
Keysight Technologies$319.97+0.09%$54.68B44.124.08.3+36.5%
Median67.739.716.1+24.2%