SNPS: Synopsys, Inc.
About
Synopsys, Inc. engages in the provision of electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). It also offers semiconductor intellectual property (IP) products. It operates through the following segments: Design Automation, Design IP, and Software Integrity. The Design Automation segment includes silicon design, verification products and services, system integration products and services, digital, custom, and FPGA IC design software, verification software and hardware products, and manufacturing software products. The Software Integrity segment includes a solution for building security and compliance testing into the customers' software development lifecycle and supply chain. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Sunnyvale, CA.
Current Value
$535.851 Year Return
Current Value
$535.851 Year Return
Key Details
Market Cap
$82.03B
P/E Ratio
55.42
1Y Stock Return
-1.18%
1Y Revenue Growth
12.63%
Dividend Yield
0.00%
Price to Book
10.6
Strategies that include SNPS
Stock's related to SNPS
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CDNS | 85.65% | $82.18B | +10.81% | 0.00% |
| LRCX | 69.78% | $90.29B | -0.80% | 11.86% |
| AMAT | 69.52% | $139.58B | +13.44% | 0.85% |
| KLAC | 68.45% | $82.35B | +11.80% | 0.98% |
| AVGO | 66.54% | $772.28B | +68.52% | 9.87% |
| VECO | 66.41% | $1.48B | -9.94% | 0.00% |
| ANET | 65.13% | $118.95B | +75.41% | 0.00% |
| APH | 64.91% | $85.57B | +58.31% | 1.00% |
| NVMI | 64.59% | $5.16B | +44.02% | 0.00% |
| ASML | 64.38% | $260.51B | -3.25% | 1.03% |
| ETN | 64.35% | $143.73B | +60.21% | 1.02% |
| ONTO | 64.29% | $8.04B | +20.50% | 0.00% |
| RMBS | 64.25% | $5.57B | -21.87% | 0.00% |
| MTSI | 63.55% | $9.07B | +51.32% | 0.00% |
| PDFS | 63.32% | $1.17B | -2.56% | 0.00% |
| NVDA | 62.89% | $3.61T | +194.35% | 0.07% |
| MSFT | 62.09% | $3.11T | +11.99% | 0.54% |
| MKSI | 61.33% | $7.29B | +42.89% | 0.82% |
| CAMT | 61.27% | $3.40B | +16.39% | 0.00% |
| CLS | 60.11% | $10.10B | +223.71% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| POAI | 0.04% | $4.29M | -78.60% | 0.00% |
| TAP | -0.07% | $12.53B | +2.00% | 2.85% |
| JBLU | 0.12% | $2.07B | +41.57% | 0.00% |
| CAH | 0.16% | $28.64B | +12.14% | 1.70% |
| ZCMD | -0.18% | $2.80M | -88.67% | 0.00% |
| PSQH | 0.21% | $79.26M | -57.46% | 0.00% |
| CVX | -0.22% | $286.82B | +10.80% | 4.08% |
| REG | 0.22% | $13.48B | +21.82% | 3.62% |
| PRG | -0.24% | $1.94B | +70.71% | 1.03% |
| FTS | 0.27% | $22.25B | +9.25% | 3.90% |
| UVV | -0.29% | $1.36B | +1.27% | 5.88% |
| ROIC | 0.31% | $2.22B | +43.52% | 3.45% |
| FOX | 0.31% | $19.74B | +52.74% | 1.23% |
| OCX | 0.31% | $42.93M | -36.09% | 0.00% |
| THS | 0.36% | $1.72B | -17.36% | 0.00% |
| CNSL | -0.38% | $548.51M | +9.98% | 0.00% |
| NXTC | -0.39% | $36.69M | +6.50% | 0.00% |
| TH | -0.40% | $839.02M | -24.49% | 0.00% |
| KVUE | 0.40% | $45.42B | +19.05% | 3.43% |
| CINF | -0.45% | $23.54B | +48.25% | 2.10% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| JNJ | -30.76% | $368.37B | +1.24% | 3.18% |
| D | -29.19% | $48.38B | +24.06% | 4.62% |
| DUK | -29.08% | $87.74B | +26.37% | 3.65% |
| CBOE | -28.93% | $21.46B | +15.84% | 1.11% |
| GIS | -28.55% | $34.85B | -2.91% | 3.78% |
| ED | -28.25% | $33.59B | +7.16% | 3.43% |
| AMT | -26.96% | $94.00B | +1.83% | 3.29% |
| WEC | -26.23% | $31.33B | +22.40% | 3.38% |
| T | -25.48% | $163.09B | +40.40% | 4.87% |
| SO | -25.33% | $96.74B | +26.76% | 3.24% |
| XEL | -24.99% | $41.42B | +15.91% | 3.12% |
| FDP | -24.82% | $1.62B | +45.67% | 2.97% |
| AEP | -24.50% | $51.50B | +23.91% | 3.71% |
| CMS | -24.46% | $20.49B | +20.66% | 3.01% |
| ES | -24.37% | $22.60B | +4.85% | 4.58% |
| CPB | -23.92% | $12.96B | +7.08% | 3.40% |
| LNT | -23.08% | $15.97B | +26.81% | 3.08% |
| PPL | -22.95% | $25.19B | +29.76% | 2.97% |
| EVRG | -22.00% | $14.71B | +27.45% | 4.01% |
| DTE | -21.37% | $25.20B | +17.84% | 3.35% |
ETF's related to SNPS
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| QTEC | 80.41% | $3.85B | 0.57% |
| IGM | 80.14% | $5.60B | 0.41% |
| FFOG | 79.66% | $118.40M | 0.55% |
| JGRO | 79.64% | $3.98B | 0.44% |
| IGPT | 79.35% | $407.54M | 0.58% |
| QQA | 79.18% | $135.01M | 0% |
| IYW | 79.16% | $19.23B | 0.39% |
| VGT | 78.92% | $80.62B | 0.1% |
| FTEC | 78.86% | $12.59B | 0.084% |
| QQQ | 78.74% | $317.87B | 0.2% |
| QQQM | 78.66% | $36.44B | 0.15% |
| WINN | 78.57% | $620.54M | 0.57% |
| QGRW | 78.48% | $584.66M | 0.28% |
| XLK | 78.21% | $71.43B | 0.09% |
| IXN | 77.81% | $5.14B | 0.41% |
| VOOG | 77.76% | $13.96B | 0.1% |
| VONG | 77.66% | $23.85B | 0.08% |
| ILCG | 77.62% | $2.44B | 0.04% |
| TCHP | 77.58% | $890.14M | 0.57% |
| IWF | 77.54% | $101.63B | 0.19% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IBTG | 0.03% | $1.48B | 0.07% |
| TBLL | 0.06% | $1.92B | 0.08% |
| CORN | -0.08% | $61.12M | 0.2% |
| SCHR | 0.12% | $9.97B | 0.03% |
| FLDR | -0.16% | $595.01M | 0.15% |
| IBTJ | -0.17% | $379.57M | 0.07% |
| LVHD | 0.19% | $560.70M | 0.27% |
| GOVT | -0.20% | $28.65B | 0.05% |
| IEI | -0.20% | $14.62B | 0.15% |
| GOVI | -0.26% | $1.06B | 0.15% |
| GSY | 0.38% | $2.29B | 0.23% |
| UNG | 0.41% | $908.80M | 1.06% |
| FLGV | -0.45% | $850.15M | 0.09% |
| IBTI | -0.46% | $719.73M | 0.07% |
| HDV | -0.49% | $11.19B | 0.08% |
| VGIT | 0.50% | $30.89B | 0.04% |
| BSV | 0.68% | $33.43B | 0.04% |
| SPHD | 0.68% | $3.46B | 0.3% |
| SHY | -0.79% | $22.43B | 0.15% |
| IBTL | 0.83% | $239.96M | 0.07% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAIL | -49.69% | $67.98M | 0.59% |
| VIXY | -49.36% | $195.31M | 0.85% |
| BTAL | -35.60% | $388.04M | 1.43% |
| CCOR | -19.57% | $109.04M | 1.18% |
| SHYD | -17.37% | $311.50M | 0.35% |
| DFNM | -16.22% | $1.40B | 0.17% |
| XHLF | -16.17% | $874.27M | 0.03% |
| FTXG | -13.72% | $30.81M | 0.6% |
| IYK | -13.13% | $1.30B | 0.4% |
| FLMI | -12.67% | $356.19M | 0.3% |
| XONE | -12.47% | $548.88M | 0.03% |
| XLU | -11.97% | $16.89B | 0.09% |
| VPU | -11.74% | $6.66B | 0.1% |
| XBIL | -11.73% | $637.70M | 0.15% |
| HTAB | -11.64% | $437.10M | 0.4% |
| FUTY | -11.56% | $1.73B | 0.084% |
| JUCY | -11.47% | $324.29M | 0.6% |
| BILZ | -11.40% | $563.02M | 0.14% |
| ULST | -10.16% | $535.47M | 0.2% |
| USDU | -10.00% | $201.97M | 0.5% |
News
Yahoo
According to the average brokerage recommendation (ABR), one should invest in Synopsys (SNPS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
MarketWatch
Synopsys Inc. stock outperforms competitors on strong trading day
Yahoo
Synopsys (SNPS) closed the most recent trading day at $523.79, moving +0.58% from the previous trading session.
MarketWatch
Synopsys Inc. stock underperforms Monday when compared to competitors despite daily gains
SeekingAlpha
Intuit has shown impressive growth with strong revenue and net income increases. Check out why I'm maintaining a 'hold' rating on INTU stock.
Yahoo
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.