Stocks of Synopsys, Inc (NASDAQ:SNPS) traded higher last session on Wall Street, down -1.74% to $549.53.
SNPS stock price is now 10.21% away from the 50-day moving average and 11.07% away from the 200-day moving average. The market capitalization of the company currently stands at $85.27B.
With the price target of $620, Goldman recently initiated with Buy rating for Synopsys, Inc (NASDAQ: SNPS). On January 13, 2025, Redburn Atlantic recently initiated its ‘Buy’ rating on the stock quoting a target price of $600, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, MAHONEY RICHARD S., Chief Revenue Officer sold 9,010 shares of the company’s stock on Jun 18 ’25. The stock was sold for $4,245,645 at an average price of $471.21. Upon completion of the transaction, the Chief Revenue Officer now directly owns 1,485 shares in the company, valued at $0.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 18 ’25, Officer RICHARD S. MAHONEY bought 9,010 shares of the business’s stock. A total of $4,245,645 was incurred on buying the stock at an average price of $471.21. A total of 0.70% of the company’s stock is owned by insiders.
During the past 12 months, Synopsys, Inc has had a low of $365.74 and a high of $621.24. As of last week, the company has a debt-to-equity ratio of 1.08, a current ratio of 7.02, and a quick ratio of 6.85. According to the stock market information, the enterprise value for the company is $76026134528, which is based on a 39.57 price-to-earnings ratio, a 2.76 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for SNPS is $498.6074 and a two-hundred day moving average price translates $494.74045 for the stock.
The latest earnings results from Synopsys, Inc (NASDAQ: SNPS) was released for 2025-04-30. The net profit margin was 34.88% and return on equity was 15.82% for SNPS. The company reported revenue of $1.6 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.28 percent. For the current quarter, analysts expect SNPS to generate $1.77B in revenue.
