Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. The company also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; 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. It offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. The company provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. It offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle; manufacturing solutions; and professional and other services. It has a collaboration with IBM Research's AI Hardware Center to advance the development of chip architectures and design methodologies critical to the next generation of AI chips; and with Spirent Communications plc. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.
IPO Year: 1992
Exchange: NASDAQ
Website: synopsys.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | $600.00 | Buy | Redburn Atlantic |
| 11/22/2024 | $570.00 | Equal Weight | Wells Fargo |
| 11/12/2024 | $675.00 | Buy | Loop Capital |
| 10/22/2024 | $650.00 | Outperform | Mizuho |
| 10/15/2024 | $660.00 | Buy | Berenberg |
| 4/4/2024 | $665.00 | Overweight | Piper Sandler |
| 11/30/2023 | $500.00 → $660.00 | Buy | Needham |
| 11/10/2023 | $600.00 | Overweight | Morgan Stanley |
| 9/29/2023 | $551.00 | Buy | HSBC Securities |
| 12/16/2022 | $410.00 | Neutral → Buy | BofA Securities |
4 - SYNOPSYS INC (0000883241) (Issuer)
SUNNYVALE, Calif., May 7, 2025 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the second quarter fiscal year 2025 on Wednesday, May 28, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on this sit
Results Summary Quarterly revenue of $1.455 billion, exceeding midpoint of guidance.Quarterly GAAP earnings per diluted share of $1.89; non-GAAP earnings per diluted share of $3.03, exceeding guidance.Reaffirming full-year 2025 guidance.SUNNYVALE, Calif., Feb. 26, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2025. Revenue for the first quarter of fiscal year 2025 was $1.455 billion, compared to $1.511 billion for the first quarter of fiscal year 2024. "In Q1, Synopsys' relentless focus on execution and innovatio
SUNNYVALE, Calif., Jan. 27, 2025 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the first quarter fiscal year 2025 on Wednesday, February 26, 2025, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on
Results Summary1 Record quarterly revenue of $1.636 billion, up approximately 11% year over year (YoY), exceeding the mid-point of guidance.Quarterly GAAP earnings per diluted share (EPS) of $1.79; non-GAAP EPS of $3.40, up approximately 13% YoY, exceeding guidance.Achieved record full-year 2024 revenue of $6.127 billion, up approximately 15% YoY, while improving non-GAAP operating margin and delivering approximately 25% non-GAAP EPS growth.Expecting to deliver double digit revenue growth in 2025 while preparing for Ansys acquisition close, which remains on-track for the first half of 2025.SUNNYVALE, Calif., Dec. 4, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results f
SUNNYVALE, Calif., Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be availabl
Results Summary1 Record quarterly revenue of $1.526 billion, up approximately 13% year over year.Quarterly GAAP earnings per diluted share of $2.73; non-GAAP earnings per diluted share of $3.43, up approximately 27% year over year and exceeding guidance.Expecting record full-year revenue with growth of approximately 15% driven by continued, strong execution and business momentum.SUNNYVALE, Calif., Aug. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023.
SUNNYVALE, Calif., July 22, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the third quarter fiscal year 2024 on Wednesday, August 21, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on t
Results Summary1 Quarterly revenue of $1.455 billion, up approximately 15% year over year and at the high-end of guidance.Quarterly GAAP earnings per diluted share of $1.92; non-GAAP earnings per diluted share of $3.00, up approximately 26% year over year1 and exceeding guidance.Raising full year targets for revenue and non-GAAP EPS, based on strong execution and continued business momentum.SUNNYVALE, Calif., May 22, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today reported results for its second quarter of fiscal year 2024. Revenue for the second quarter of fiscal year 2024 was $1.455 billion, compared to $1.263 billion for the second quarter of fiscal year 2023.
SUNNYVALE, Calif., April 23, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the second quarter fiscal year 2024 on Wednesday, May 22, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on th
CEO Sassine Ghazi Discusses Unprecedented Opportunity in Era of Pervasive Intelligence News Highlights: Announces Synopsys.ai customer momentum with applications including DSO.ai and VSO.ai delivering significant improvements in PPA, turn-around time, and more;Drives multi-die design innovation with Platform Architect - Multi-Die and new Synopsys.ai capability, 3DSO.ai, for AI-driven 3D design space optimization using native thermal analysis;Unveils new state-of-the-art hardware-assisted verification systems for faster, higher capacity emulation and prototyping;Announces new Synopsys Cloud Hybrid Solution, enabling seamless "burst to cloud" EDA capability;Further expands Synopsys' broad semi
Redburn Atlantic initiated coverage of Synopsys with a rating of Buy and set a new price target of $600.00
Wells Fargo initiated coverage of Synopsys with a rating of Equal Weight and set a new price target of $570.00
Loop Capital initiated coverage of Synopsys with a rating of Buy and set a new price target of $675.00
Mizuho initiated coverage of Synopsys with a rating of Outperform and set a new price target of $650.00
Berenberg initiated coverage of Synopsys with a rating of Buy and set a new price target of $660.00
Piper Sandler initiated coverage of Synopsys with a rating of Overweight and set a new price target of $665.00
Needham reiterated coverage of Synopsys with a rating of Buy and set a new price target of $660.00 from $500.00 previously
Morgan Stanley initiated coverage of Synopsys with a rating of Overweight and set a new price target of $600.00
HSBC Securities initiated coverage of Synopsys with a rating of Buy and set a new price target of $551.00
BofA Securities upgraded Synopsys from Neutral to Buy and set a new price target of $410.00
SUNNYVALE, Calif., May 7, 2025 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the second quarter fiscal year 2025 on Wednesday, May 28, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on this sit
Synopsys Production-Ready EDA Flows and Broadest IP Portfolio Deliver Leading PPA for Intel Foundry's Advanced Processes and Packaging Technologies Highlights Production-ready Synopsys digital and analog EDA flows for Intel 18A and Intel 18A-P technologies pave the way for broad adoption and accelerate development of high-performance designs; engaged in early design technology co-optimization for Intel 14A-EOptimized EDA reference flow with a unified exploration-to-signoff platform accelerates 2.5D/3D multi-die designs for Intel's EMIB-T advanced packaging technologyBroadest portfolio of high-performance and low-power IP for Intel 18A and expanded Synopsys IP support for Intel 18A-P offers
AI-Driven Digital and Analog Flows, Multi-Die Innovations, and Broad IP Portfolio Deliver Unmatched Performance, Power and Area Advantages Highlights Digital and analog design flows on TSMC A16™ and N2P deliver optimized performance and rapid analog design migration, enabled by Synopsys.aiEarly collaboration on TSMC A14 process underway for Synopsys EDA flows developmentCollaboration on 3Dblox and TSMC's CoWoS® technologies for 5.5x reticle size packages, speeds integration of 3D stacked dies in next-generation AI chipsBroad portfolio of Synopsys Foundation and Interface IP provides the lowest power on TSMC's N2/N2P processesIndustry's most complete IP solutions for leading-edge standards, i
Announcing Up to 30x Projected Performance Gains on the NVIDIA Grace Blackwell Platform to Speed Circuit Simulations for Next-Generation Semiconductors News Highlights: Today's GTC keynote featured Synopsys as part of the ecosystem with full-stack EDA suite acceleration across design, verification, and manufacturing on NVIDIA GPU and NVIDIA CUDA-X libraries.Leveraging the NVIDIA GB200 Grace Blackwell Superchip, Synopsys PrimeSim is projected to accelerate circuit simulation by up to 30x.1Leveraging the NVIDIA B200 Blackwell architecture, Synopsys Proteus is projected to accelerate computational lithography simulations by up to 20x.1NVIDIA NIM inference microservices integration driving 2x fa
Industry leaders unite for live interoperability demo, highlighting Ethernet's expanding role in AI and high-speed networking The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced details of its annual live interoperability demonstration at the 2025 Optical Fiber Communication Conference and Exhibition (OFC). Located at booth 5173, the exhibit highlights Ethernet's unparalleled power and adaptability. The OFC 2025 expo will take place April 1 – 3, 2025, at the Moscone Center in San Francisco, Calif. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2025
Two-Day Conference will Examine Future of AI and Intelligent Systems; Join Keynotes from Synopsys CEO and OpenAI Head of Hardware Via Livestream SUNNYVALE, Calif., March 12, 2025 /PRNewswire/ -- Synopsys Inc. (Nasdaq: SNPS) will host its annual flagship user group conference, SNUG Silicon Valley, March 19-20, 2025, at the Santa Clara Convention Center. This year, the first day of SNUG will also feature an inaugural, invite-only Synopsys Executive Forum. Synopsys president and CEO Sassine Ghazi will kick off the event with a keynote presentation exploring opportunities to address current and future engineering challenges in the era of pervasive intelligence. Ghazi's keynote will feature a spe
Joint Solution to Drive Adoption of "Shift-Left" Software Development Methodologies with the Integration of Synopsys' Electronics Digital Twin Capabilities and Vector's Software Factory Highlights: New automated cloud-ready solutions to enable customers to dramatically accelerate software development and validation.The companies are teaming up to increase the impact of the open-source library, SIL Kit, an essential part of electronics digital twins.The integration of Vector's MICROSAR embedded software and CANoe, with Synopsys' Silver and Virtualizer to simplify software factory workflows and increase engineering productivity for OEMs and Tier1s.SUNNYVALE, Calif. and STUTTGART, Germany, Marc
End-to-End Virtual Prototyping Workflows Enable Faster Software Development and Time to Market for Automotive, HPC and IoT Systems Highlights Delivers accelerated Virtualizer performance with native execution of software workloads on Arm servers Complete Virtualizer suite supported on Arm server hardware in the cloud or on-premise for modeling, simulation, debug, and analysisLeverages more than two decades of Synopsys leadership in virtual prototyping, supporting seamless scaling of existing virtual prototypes, full support of Synopsys' leading interface IP, and access to Synopsys' extensive standards-based model ecosystemFull integration with Synopsys' hardware-assisted verification (HAV) s
SUNNYVALE, Calif., March 5, 2025 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the U.K. Competition and Markets Authority's (CMA) recently published decision regarding Synopsys' proposed acquisition of Ansys: We are pleased that the CMA has formally cleared the transaction in Phase 1 subject to previously announced divestitures. We are continuing our work to secure regulatory approval in other jurisdictions and expect the transaction to close in the first half of 2025. On the company's recent earnings call, Synopsys president and CEO Sassine Gha
Results Summary Quarterly revenue of $1.455 billion, exceeding midpoint of guidance.Quarterly GAAP earnings per diluted share of $1.89; non-GAAP earnings per diluted share of $3.03, exceeding guidance.Reaffirming full-year 2025 guidance.SUNNYVALE, Calif., Feb. 26, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2025. Revenue for the first quarter of fiscal year 2025 was $1.455 billion, compared to $1.511 billion for the first quarter of fiscal year 2024. "In Q1, Synopsys' relentless focus on execution and innovatio
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4 - SYNOPSYS INC (0000883241) (Issuer)
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4 - SYNOPSYS INC (0000883241) (Issuer)
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4 - SYNOPSYS INC (0000883241) (Issuer)
4 - SYNOPSYS INC (0000883241) (Issuer)
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation SANTA MONICA, Calif. and SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Fr
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Francisco Partners achieving a specified rate of return in connection
Oversubscribed $70M round led by Maverick Capital increases SiMa.ai's total amount raised to $270M; funding will speed release of next generation AI/ML chip to power multimodal generative AI at the edge SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has raised an additional $70M of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors Amplify Partners, Dell Technologies Capital, Lip-Bu Tan and others. SiMa.ai will utilize the $270M raised to date to continue meeting customer demand for edge AI/ML with its first-generation Machine Learning System-on-Chip (MLSoC) while acceleratin
SAN DIEGO, Jan. 16, 2024 /PRNewswire/ -- Endura Technologies, a pioneer in advanced power delivery solutions for System on Chip (SoC) applications, announces a significant transformation in its leadership team, positioning the company for accelerated growth and innovation in the dynamically evolving SoC power delivery landscape. Michael Sanie, a seasoned leader in go-to-market and business strategy, and a veteran of the semiconductor industry, joins as Chief Executive Officer. Faraj Aalaei, former CEO and Chairman of Aquantia Corporation and Centillium Communications, two semiconductor companies he built through successful Initial Public Offerings (IPO), steps in as the new Chairman of the B
SUNNYVALE, Calif., Sept. 28, 2023 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced the appointment of Ann Minooka as the company's Chief Marketing Officer, reporting to Sassine Ghazi, president and COO of Synopsys. Minooka joins the company with more than two decades of marketing leadership experience in the semiconductor industry and is responsible for leading Synopsys' global brand strategy, communications, and marketing initiatives. "Ann brings deep semiconductor industry experience and a strong track record of strengthening technology brands, revolutionizing di
SUNNYVALE, Calif., Aug. 7, 2023 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced the appointment of Rob Painter to its board of directors. Painter currently serves as president and chief executive officer at Trimble (NASDAQ:TRMB), a global technology company focused on transforming work for industries spanning agriculture, construction, geospatial and transportation. "We are thrilled to welcome Rob to our Synopsys board of directors," said Aart de Geus, chair and CEO of Synopsys. "Rob is a visionary leader whose expertise in driving innovation and leading transformational growth by digitalization across the technology landscape will further accelerate our mission to help catalyze
SUNNYVALE, Calif., July 31, 2023 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced that Jill Larsen has joined the company as Chief People Officer, responsible for leading the Synopsys People and Workplace Resources organization. The role supports Synopsys' global workforce of more than 20,000 employees and interns, with a focus on organizational strategy and development, cultural vitality, employee experience, professional development, as well as diversity, equity and inclusion. Synopsys is a deep technology company that for the last three and a half decades has delivered state-of-the-art electronic design automation software and IP building blocks to the semiconductor industry.
MOUNTAIN VIEW, Calif., Nov. 29, 2022 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced that it has appointed Shelagh Glaser as chief financial officer, effective December 2, 2022. Previous CFO Trac Pham, who announced his planned retirement in December 2021, will remain with the company through December 2022 to ensure an orderly transition. "We are thrilled to add Shelagh to the Synopsys executive team," said Aart de Geus, chairman and chief executive officer of Synopsys. "She brings not only an outstanding track record of financial and operational experience in both software and semiconductor industries, but superb experience scaling larger businesses while continually driving pr
MOUNTAIN VIEW, Calif., May 25, 2022 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced the appointment of Luis Borgen and Marc Casper to its board of directors. Borgen most recently served as chief financial officer of athenahealth, Inc., a leading provider of network-enabled healthcare products and services. Casper is currently chairman, president, and chief executive officer of Thermo Fisher Scientific, Inc., a global life sciences leader. "Luis and Marc are accomplished business leaders with operational and strategic experience and vision that will bring substantial value to the strong board we have at Synopsys," said Aart de Geus, chairman and CEO of Synopsys. "We are excited t
MOUNTAIN VIEW, Calif., Sept. 13, 2021 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced that as part of its ongoing evolution and scaling of the business, Sassine Ghazi has been appointed as president and chief operating officer, effective November 1, 2021. Chi-Foon Chan will transition from his co-CEO position over the first half of fiscal 2022, after which he will continue to support the company's long-term success in a new role. Since becoming COO in August of 2020, Ghazi has had a significant impact on the company, bolstering its EDA and IP strategy and portfolio, broadening customer collaborations, enhancing a strong management team, and providing exceptional corporate le
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