At the time of writing, Synopsys, Inc [SNPS] stock is trading at $447.99, down -1.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SNPS shares have gain 4.02% over the last week, with a monthly amount drifted -14.27%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Synopsys, Inc [NASDAQ: SNPS] stock has seen the most recent analyst activity on January 13, 2025, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $600. Previously, Wells Fargo started tracking the stock with Equal Weight rating on November 22, 2024, and set its price target to $570. On November 12, 2024, Loop Capital initiated with a Buy rating and assigned a price target of $675 on the stock. Mizuho started tracking the stock assigning a Outperform rating and suggested a price target of $650 on October 22, 2024. Berenberg initiated its recommendation with a Buy and recommended $660 as its price target on October 15, 2024. Piper Sandler started tracking with a Overweight rating for this stock on April 04, 2024, and assigned it a price target of $665. In a note dated November 30, 2023, Needham reiterated an Buy rating on this stock and boosted its target price from $500 to $660.
For the past year, the stock price of Synopsys, Inc fluctuated between $425.73 and $624.80. Currently, Wall Street analysts expect the stock to reach $558.5 within the next 12 months. Synopsys, Inc [NASDAQ: SNPS] shares were valued at $447.99 at the most recent close of the market. An investor can expect a potential return of 24.67% based on the average SNPS price forecast.
Analyzing the SNPS fundamentals
According to Synopsys, Inc [NASDAQ:SNPS], the company’s sales were 6.07B for trailing twelve months, which represents an -11.87% plunge. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.25 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 443.81 points at the first support level, and at 439.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 453.38, and for the 2nd resistance point, it is at 458.77.
Ratios To Look Out For
It is important to note that Synopsys, Inc [NASDAQ:SNPS] has a current ratio of 2.68. Further, the Quick Ratio stands at 2.51, while the Cash Ratio is 1.55. Considering the valuation of this stock, the price to sales ratio is 11.42, the price to book ratio is 7.44 and price to earnings (TTM) ratio is 33.13.
Transactions by insiders
Recent insider trading involved DE GEUS AART, EXECUTIVE CHAIR, that happened on Mar 06 ’25 when 15705.0 shares were sold. Officer, DE GEUS AART completed a deal on Mar 06 ’25 to buy 15705.0 shares. Meanwhile, PRESIDENT AND CEO Ghazi Sassine sold 11366.0 shares on Mar 03 ’25.
