Synopsys, is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products.

Company profile
Ticker
SNPS
Exchange
Website
CEO
Aart J. de Geus / Chi-Foon Chan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • BlackBerry • NortonLifeLock • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Electronic Arts ...
SEC CIK
Corporate docs
Subsidiaries
Synopsys International Limited • SNPS Ireland New Limited • Synopsys USIE Holdings LLC • Synopsys International • Black Duck Software, Inc. • Synopsys Taiwan Co., Ltd. • Nihon Synopsys G.K. • Synopsys Emulation and Verification S.A.S. • Synopsys (India) Private Limited • Synopsys Netherlands B.V. ...
IRS number
561546236
SNPS stock data
News

Analyst Downgrades Texas Instruments And Skyworks, Upgrades These 2 Semi Stocks
29 Jun 22
Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2022
29 Jun 22
B of A Securities Upgrades Synopsys to Neutral, Raises Price Target to $360
29 Jun 22
Synopsys And Arm Strengthen Partnership To Advance Next-Gen Mobile SoCs For Arm's Total Compute Solutions
28 Jun 22
Walmart And 3 Other Stocks Insiders Are Selling
27 Jun 22
Press releases
Synopsys and Arm Strengthen Partnership to Advance Next-Gen Mobile SoCs for Arm's Total Compute Solutions
28 Jun 22
If You're Old Enough to Have Forgotten Your MySpace Password, This Document Management System May Be for You
28 Jun 22
Synopsys Completes Acquisition of WhiteHat Security
22 Jun 22
Synopsys Boosts 5G SoC Development Productivity with New RF Design Flow for TSMC N6RF Process
16 Jun 22
Synopsys Drives Chip Innovation for Next-Generation Mobile and HPC Designs on TSMC N3E and N4P Processes
13 Jun 22
Analyst ratings and price targets
Current price
Average target
$377.50
Low target
$375.00
High target
$380.00
Wells Fargo
Maintains
$375.00
Needham
Maintains
$380.00
Calendar
20 May 22
29 Jun 22
31 Oct 22
Financial summary
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jun 22 | Trac Pham | Common Stock | Sell | Dispose S | No | No | 306.5586 | 8,005 | 2.45M | 39,811 |
23 Jun 22 | Trac Pham | Common Stock | Sell | Dispose S | No | No | 306.76 | 84 | 25.77K | 47,816 |
23 Jun 22 | Trac Pham | Common Stock | Sell | Dispose S | No | No | 307.4054 | 10,304 | 3.17M | 47,900 |
7 Jun 22 | John F Runkel JR | Common Stock | Sell | Dispose S | No | No | 330 | 1,322 | 436.26K | 22,623 |
7 Jun 22 | John F Runkel JR | Common Stock | Option exercise | Acquire M | No | No | 89.76 | 1,322 | 118.66K | 23,945 |
7 Jun 22 | John F Runkel JR | Common Stock | Sell | Dispose S | No | No | 330 | 1,572 | 518.76K | 22,623 |
7 Jun 22 | John F Runkel JR | Common Stock | Option exercise | Acquire M | No | No | 135.88 | 1,572 | 213.6K | 24,195 |
7 Jun 22 | John F Runkel JR | Common Stock | Sell | Dispose S | No | No | 330 | 569 | 187.77K | 22,623 |
7 Jun 22 | John F Runkel JR | Common Stock | Option exercise | Acquire M | No | No | 234.17 | 569 | 133.24K | 23,192 |
7 Jun 22 | John F Runkel JR | NQSO Common Stock | Option exercise | Dispose M | No | No | 234.17 | 569 | 133.24K | 6,264 |
Institutional ownership, Q1 2022
84.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 798 |
Opened positions | 70 |
Closed positions | 88 |
Increased positions | 323 |
Reduced positions | 279 |
13F shares | Current |
---|---|
Total value | 43.19B |
Total shares | 129.87M |
Total puts | 574.2K |
Total calls | 432.8K |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 17.35M | $5.78B |
BLK Blackrock | 13.53M | $4.51B |
TROW T. Rowe Price | 11.32M | $3.77B |
STT State Street | 6.3M | $2.1B |
JPM JPMorgan Chase & Co. | 4.66M | $1.55B |
BEN Franklin Resources | 3.73M | $1.24B |
Pictet Asset Management | 3.48M | $1.16B |
FMR | 3.31M | $1.1B |
Geode Capital Management | 3.02M | $1B |
IVZ Invesco | 2.6M | $866.49M |
Financial report summary
?Competition
International Business Machines • Cadence Design Systems • Rambus • PDF Solutions • Ceva • Micro Focus InternationalRisks
- The COVID-19 pandemic could have a material adverse effect on our business, operations and financial condition.
- Uncertainty in the global economy, and its potential impact on the semiconductor and electronics industries in particular, may negatively affect our business, operating results and financial condition.
- The growth of our business depends primarily on the semiconductor and electronics industries.
- We operate in highly competitive industries, and if we do not continue to meet our customers’ demand for innovative technology at lower costs, our products may not be competitive or may become obsolete, and our business and financial condition may be harmed.
- Consolidation among our customers and within the industries in which we operate, as well as our dependence on a relatively small number of large customers, may negatively impact our operating results.
- The global nature of our operations exposes us to increased risks and compliance obligations that may adversely affect our business.
- Our operating results may fluctuate in the future, which may adversely affect our stock price.
- Cybersecurity threats or other security breaches could compromise sensitive information belonging to us or our customers and could harm our business and our reputation, particularly that of our security testing solutions.
- If we fail to protect our proprietary technology, our business will be harmed.
- We may not be able to realize the potential financial or strategic benefits of the acquisitions we complete, or find suitable target businesses and technology to acquire, which could hurt our ability to grow our business, develop new products or sell our products.
- We pursue new product and technology initiatives from time to time, and if we fail to successfully carry out these initiatives, our business, financial condition, or results of operations could be adversely impacted.
- We may have to invest more resources in research and development than anticipated, which could increase our operating expenses and negatively affect our operating results.
- Product errors or defects could expose us to liability and harm our reputation and we could lose market share.
- Our hardware products, which primarily consist of prototyping and emulation systems, subject us to distinct risks.
- If we fail to timely recruit and retain senior management and key employees globally, our business may be harmed.
- From time to time we are subject to claims that our products infringe on third-party intellectual property rights.
- We may not be able to continue to obtain licenses to third-party software and intellectual property on reasonable terms or at all, which may disrupt our business and harm our financial results.
- In preparing our financial statements we make certain assumptions, judgments and estimates that affect amounts reported in our consolidated financial statements, which, if not accurate, may significantly impact our financial results.
- Liquidity requirements in our U.S. operations may require us to raise cash in uncertain capital markets, which could negatively affect our financial condition.
- Our results could be adversely affected by a change in our effective tax rate as a result of tax law changes and related new or revised guidance and regulations, changes in our geographical earnings mix, unfavorable government reviews of our tax returns, material differences between our forecasted and actual annual effective tax rates, future changes to our tax structure, or by evolving enforcement practices.
- Changes in United States Generally Accepted Accounting Principles (U.S. GAAP) could adversely affect our financial results and may require significant changes to our internal accounting systems and processes.
- We may be subject to litigation proceedings that could harm our business.
- Our business is subject to evolving corporate governance and public disclosure regulations that have increased both our compliance costs and the risk of noncompliance, which could have an adverse effect on our stock price.
- There are inherent limitations on the effectiveness of our controls and compliance programs.
- Our investment portfolio may be impaired by any deterioration of capital markets.
- Catastrophic events may disrupt our business and harm our operating results.
Management Discussion
- The discussion of our consolidated results of operations include year-over-year comparisons of fiscal 2021 changes compared to fiscal 2020. For a discussion of the fiscal 2020 changes compared to fiscal 2019, see the discussion in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended October 31, 2020, filed on December 15, 2020.
- •Revenues were $4,204.2 million, an increase of $518.9 million or 14%, primarily due to higher revenue resulting from growth across all products and geographies.
- •Total cost of revenue and operating expenses were $3,469.4 million, an increase of $404.3 million or 13%, primarily due to increases of $342.2 million in employee-related costs resulting from headcount increases through organic growth and acquisitions.
Content analysis
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H.S. freshman Good
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New words:
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Removed:
American, August, Biden, comply, doubtful, evaluating, gain, House, low, President, proposing, RMB, Senate, supplying
Financial reports
Current reports
8-K
Other Events
27 May 22
8-K
Departure of Directors or Certain Officers
25 May 22
8-K
Departure of Directors or Certain Officers
18 May 22
8-K
Synopsys Posts Financial Results for Second Quarter Fiscal Year 2022
18 May 22
8-K
Departure of Directors or Certain Officers
15 Apr 22
8-K
Other Events
25 Feb 22
8-K
Synopsys Posts Financial Results for First Quarter Fiscal Year 2022
16 Feb 22
8-K
Other Events
16 Dec 21
8-K
Other Events
10 Dec 21
8-K
Departure of Directors or Certain Officers
6 Dec 21
Registration and prospectus
S-8
Registration of securities for employees
20 May 22
S-8
Registration of securities for employees
21 May 21
S-8
Registration of securities for employees
22 May 20
S-8
Registration of securities for employees
24 May 19
S-8
Registration of securities for employees
25 May 18
S-8
Registration of securities for employees
10 Dec 17
S-8
Registration of securities for employees
5 Apr 17
S-8
Registration of securities for employees
11 Jan 17
S-8
Registration of securities for employees
21 Aug 16
S-8
Registration of securities for employees
17 Aug 15
Proxies
DEFA14A
Additional proxy soliciting materials
23 Feb 22
DEFA14A
Additional proxy soliciting materials
1 Apr 21
PX14A6G
Letter to shareholders
25 Feb 21
DEFA14A
Additional proxy soliciting materials
18 Feb 21
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEFA14A
Additional proxy soliciting materials
18 Feb 20
DEF 14A
Definitive proxy
18 Feb 20
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
UPLOAD
Letter from SEC
4 Jun 19
SD
Conflict minerals disclosure
31 May 19
CORRESP
Correspondence with SEC
15 May 19
UPLOAD
Letter from SEC
8 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
Ownership
4
SYNOPSYS / Trac Pham ownership change
24 Jun 22
4
SYNOPSYS / JOHN F RUNKEL JR ownership change
8 Jun 22
4
SYNOPSYS / Trac Pham ownership change
27 May 22
4
SYNOPSYS / Luis Borgen ownership change
25 May 22
4
SYNOPSYS / MARC N CASPER ownership change
25 May 22
3
SYNOPSYS / Luis Borgen ownership change
25 May 22
3
SYNOPSYS / MARC N CASPER ownership change
25 May 22
4
SYNOPSYS / Joseph W Logan ownership change
23 May 22
4
SYNOPSYS / ROY VALLEE ownership change
13 Apr 22
4
SYNOPSYS / JOHN SCHWARZ ownership change
13 Apr 22
Patents
Utility
Hardware-Based Obfuscation of Digital Data
23 Jun 22
Some aspects of this disclosure are directed to implementing hardware-based obfuscation of digital data.
Utility
Boolean Methods for Engineering Change Order (Eco) Patch Identification
23 Jun 22
A netlist is updated based on an engineering change order (ECO) circuit network by determining primary cuts of a first network of a netlist and secondary cuts of the ECO circuit network.
Utility
Clock Aware Simulation Vector Processor
23 Jun 22
A processing system for validating a circuit design, the processing system includes a flow processor, and an evaluation system coupled with the flow processor.
Utility
Optimization of application level parallelism
21 Jun 22
A system including a user interface, a memory, and a processor configured to perform operations stored in the memory is disclosed.
Utility
Machine-learning enhanced compiler
21 Jun 22
A method includes generating a netlist for a circuit design and predicting, by applying a first machine learning model to the netlist, a first compile time for the circuit design.
Transcripts
2022 Q2
Earnings call transcript
18 May 22
2022 Q1
Earnings call transcript
17 Feb 22
2021 Q4
Earnings call transcript
2 Dec 21
2021 Q2
Earnings call transcript
19 Aug 21
2021 Q2
Earnings call transcript
20 May 21
2021 Q1
Earnings call transcript
18 Feb 21
2020 Q4
Earnings call transcript
2 Dec 20
2020 Q3
Earnings call transcript
19 Aug 20
2020 Q2
Earnings call transcript
20 May 20
2020 Q1
Earnings call transcript
19 Feb 20
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