Synopsys Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 37 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 556.48.In the medium term, the stock price is expected to remain stable.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Synopsys Inc is 7.45, ranking 205 out of 482 in the Software & IT Services industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 2.25B, representing a year-over-year increase of 37.83%, while its net profit experienced a year-over-year increase of 59.73%.
Key Metrics
The current valuation score of Synopsys Inc is 7.70, ranking 206 out of 482 in the Software & IT Services industry. Its current P/E ratio is 52.53, which is 46.56% below the recent high of 76.99 and 47.25% above the recent low of 27.71.
The current earnings forecast score of Synopsys Inc is 8.00, ranking 106 out of 482 in the Software & IT Services industry. The average price target is 550.00, with a high of 630.00 and a low of 425.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Synopsys Inc is 6.87, ranking 183 out of 482 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 506.15 and the support level at 376.66, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Synopsys Inc is 10.00, ranking 1 out of 482 in the Software & IT Services industry. The latest institutional shareholding proportion is 93.26%, representing a quarter-over-quarter increase of 13.66%. The largest institutional shareholder is The Vanguard, holding a total of 18.38M shares, representing 9.61% of shares outstanding, with 0.96% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Synopsys Inc is 6.96, ranking 106 out of 482 in the Software & IT Services industry. The company's beta value is 1.15. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Synopsys Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
