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Synopsys, Inc is currently in a long term uptrend where the price is trading 14.7% above its 200 day moving average.
From a valuation standpoint, the stock is 24.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 10.3.
Synopsys, Inc's total revenue rose by 16.3% to $970M since the same quarter in the previous year.
Its net income has increased by 56.0% to $162M since the same quarter in the previous year.
Finally, its free cash flow grew by 418.8% to $146M since the same quarter in the previous year.
Based on the above factors, Synopsys, Inc gets an overall score of 5/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US8716071076 |
Sector | Technology |
Industry | Software - Infrastructure |
Market Cap | 55B |
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PE Ratio | 48.59 |
Target Price | 325.59 |
Beta | 1.23 |
Dividend Yield | None |
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in two segments, Design Automation and Design IP. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; FPGA design products that are programmed to perform specific functions; synopsys technology computer-aided design (TCAD), mask synthesis, and manufacturing analytic solutions; and AI-driven EDA solutions. It also provides intellectual property (IP) solutions for UCIe, USB, PCI Express, DDR, Ethernet, MIPI, and HDMI; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; 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. The company was incorporated in 1986 and is headquartered in Sunnyvale, California.
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