SNPS Stock Price Prediction – Synopsys, Inc. is an American electronic design automation company founded in December 1986 by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell. It is headquartered in Sunnyvale, California, and focuses on silicon design and verification of silicon intellectual property, as well as software security.
The potential price of SNPS Stock is determined by a thorough technical analysis as well as the stock’s historical performance. In this post, we will attempt to evaluate the long-term potential of SNPS Stock.
About the Company – Synopsys, Inc.
Synopsys, Inc. makes electronic design automation software that is used to design and test integrated circuits. It has three business segments: Design Automation, Design IP, and Software Integrity. The company provides Digital and Custom IC Design solutions for digital design implementation; Verification solutions for virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debugging; and FPGA design products that are programmed to perform specific functions.
The company also offers intelligent orchestration solutions, software risk management, and black duck software composition analysis tools. It supports the electronics, financial services, automotive, medical, energy, and industrial sectors. The company was founded in 1986 and is based in Sunnyvale, California.
Overview of SNPS Stock
- Market Cap – 82.86B
- Revenue (ttm) – 6.48B
- Net Income (ttm) -1.50B
- EPS (ttm) – 9.62
- PE Ratio – 55.61
- Dividend -n/a
- Volume – 1,040,538
- Open – $558.88
- Previous Close – $548.06
- Day’s Low – $538.29
- Day’s High – $558.88
- 52-Week Low – $434.14
- 52-Week High – $629.38
- Beta – 1.07
SNPS Stock Price Prediction 2024 to 2030
The SNPS stock estimate for the beginning of next year is $697.42, based on the average yearly growth of the Synopsys stock over the last decade. Using the same methodology, below are the Synopsys stock projections for each year till 2030.
| Year | Stock Price Prediction |
| 2025 | $ 697.46 |
| 2026 | $ 732.25 |
| 2027 | $ 877.24 |
| 2028 | $ 912.05 |
| 2029 | $ 1,054.55 |
| 2030 | $ 1127.31 |
How to purchase SNSP stock
You may purchase SNSP Stock through various trading platforms, including Zerodha, Upstox, Groww, and Angel One.
Peer Comparison Synopsys, Inc.
- Cadence Design System Inc.
- Micro Focus International Ltd.
- PTC Inc.
- Checkmark Ltd.
Though these price forecasts are based on technical analysis, it is crucial to remember that news and other market conditions can affect the stock’s performance. As a result, these imaginary goals should be treated as guidelines rather than financial advice. Make sure you conduct your own research before making any purchases.
