Synopsys, Inc.
SNPS
Market Cap$85.7B
Close$
Earnings Call Q1 2024
February 21, 2024 - AI Summary
Synopsys reported strong Q1 results, with revenue of $1.65 billion, up 21% YoY, and non-GAAP EPS of $3.56, up 36% YoY.
The company reaffirmed its full-year 2024 targets for revenue and non-GAAP operating margin and raised its non-GAAP EPS guidance.
Synopsys highlighted the market trends of pervasive intelligence, driven by AI, silicon proliferation, and software-defined systems, which are creating opportunities for growth in the semiconductor industry.
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$300.30
43.1% downside
Current Fair Value
43.1% downsideOvervalued by 43.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $85.70 Billion |
|---|---|
| Enterprise Value | $84.44 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $9.07 |
| Beta | 1.48 |
| Outstanding Shares | 152,500,000 |
| Avg 30 Day Volume | 1,000,704 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 60.89 |
|---|---|
| PEG | 93.11 |
| Price to Sales | 13.19 |
| Price to Book Ratio | 12.27 |
| Enterprise Value to Revenue | 13.77 |
| Enterprise Value to EBIT | 59.93 |
| Enterprise Value to Net Income | 59 |
| Total Debt to Enterprise | 0 |
| Debt to Equity | 0 |
Revenue Sources
No data
ESG Score
No data
About Synopsys, Inc.
13,000 employeesSynopsys, 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 elec...