Synopsys, Inc. (SNPS)
Pre-Market:
| Previous Close | 543.73 |
| Open | 550.59 |
| Bid | 0.00 x 1100 |
| Ask | 565.00 x 1000 |
| Day's Range | 549.38 - 557.00 |
| 52 Week Range | 312.25 - 557.00 |
| Volume | |
| Avg. Volume | 787,234 |
| Market Cap | 84.02B |
| Beta (5Y Monthly) | 1.08 |
| PE Ratio (TTM) | 82.70 |
| EPS (TTM) | 6.68 |
| Earnings Date | Feb 13, 2024 - Feb 19, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 523.86 |
ZacksCompared to Estimates, Synopsys (SNPS) Q4 Earnings: A Look at Key Metrics
The headline numbers for Synopsys (SNPS) give insight into how the company performed in the quarter ended October 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
GuruFocus.comSynopsys Inc (SNPS) Reports Strong Fiscal 2023 Results with Revenue and Earnings Growth
Revenue Climbs to $5.843 Billion, GAAP Net Income Rises to $1.230 Billion
- Reuters
Synopsys forecasts robust first-quarter revenue as AI boosts chip-design demand
(Reuters) -Synopsys on Wednesday forecast first-quarter revenue above Wall Street expectations, as artificial intelligence (AI) adoption boosted demand for the company's chip designing software. Synopsys forecast current-quarter revenue between $1.63 billion and $1.66 billion, above analysts' average estimate of $1.60 billion. The growing need for faster and more efficient chips that are AI compatible has increased the market prominence for electronic design automation (EDA) firms like Synopsys and Cadence Design System, which provide software and intellectual property for designing chips.
