SNPS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $489.90
Market Cap (MRQ) $93.87B
P/E (TTM) 85.8
EPS (TTM) $5.71
Revenue (TTM) $9.42B
ROE (TTM) 3.7%
Debt/Equity (MRQ) 0.3
52W Range $363–$539

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04
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Stock splits 2
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Sept. 24, 2003 2-for-1 Forward
Sept. 11, 1995 2-for-1 Forward

About Synopsys, Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Synopsys, Inc. is an American multinational electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on design and verification of silicon chips, electronic system-level design and verification, and reusable components (intellectual property). Synopsys supplies tools and services to the semiconductor design and manufacturing industry. Products include tools for implementation of digital and analog circuits, simulators, and debugging environments that assist in the design of chips and computer systems. In 2024, Synopsys was listed as the 12th largest software company in the world.

History

Synopsys was founded by Aart de Geus, David Gregory, Alberto Sangiovanni-Vincentelli and Bill Krieger in 1986 in Research Triangle Park, North Carolina. The company was initially established as Optimal Solutions with a charter to develop and market logic synthesis technology developed by the team at General Electric's Advanced Computer-Aided Engineering Group. The company changed its name to Synopsys and moved to Mountain View, California in 1987. It became a public company through an initial public offering in February 1992, opening on NASDAQ at $18 a share and closing on the first trading day at $31.50. 2 million shares were offered; the company offered 1.55 million shares and stockholders offered 450,000 shares.

In 2006, the company built a supercomputer for EDA applications using commodity Linux servers and off-the-shelf hardware that was listed on the TOP500 as the 242nd most powerful computer, based on results on the LINPACK benchmark.

Synopsys has been a constituent of the Nasdaq-100 and S&P 500 indices since 2017.

Synopsys engineers began developing reinforcement learning applications for electronic design automation in 2017, which led to the introduction of the DSO.ai (design-space optimization) product for digital chip implementation in 2020, followed by a series of AI tools for IC verification and test, as well as other applications. In 2023, Synopsys announced the Copilot product in collaboration with Microsoft that leveraged large language models from OpenAI to assist in chip design. (For more information, see #Adoption of AI technologies.)

In August 2023, Synopsys named COO Sassine Ghazi as CEO. Ghazi succeeded Aart de Geus in January 2024, with de Geus transitioning to the role of executive chairman.

On July 17, 2025, Synopsys completed its acquisition of Ansys, a global provider of engineering simulation software. The transaction, first announced on January 16, 2024, was valued at approximately $35 billion, making it the largest acquisition in Synopsys’ history. Several media outlets described the deal as one of the largest transactions in the engineering and software industry. The merger combines Synopsys’ EDA dominance with Ansys’ multiphysics simulation expertise, promising a new era of co-optimized chip and system design In November 2025, it was reported that Synopsys planned to lay off about 10% of its workforce and close certain locations as part of a restructure following the acquisition of Ansys. The layoffs will largely take place during fiscal year 2026.

Markets and competition

Synopsys faces significant competition in the electronic design automation market, primarily from Cadence Design Systems and Siemens EDA (formerly Mentor Graphics), with the three companies collectively dominating approximately 75% of the global EDA market as of 2024. Additionally, Synopsys is the second largest semiconductor design intellectual property (IP) company by revenue (after ARM Holdings) and leads in market share for IP license revenues, notably providing reusable chip design modules such as those supporting Ethernet and UALink for advanced data center connectivity and AI accelerator infrastructure.

Geographic presence

Headquartered in Sunnyvale, California, Synopsys maintains extensive office locations worldwide, including a strong presence across North America, Asia, and Europe. The company has approximately 5,300 employees in the United States. As of 2026, Synopsys' permanent workforce numbers approximately 24,000 worldwide, with thousands of employees distributed across additional offices and remote locations, including significant operations in India, Canada, China, Mexico, Armenia, France, Singapore, and other regions. Its international offices can be found in cities such as Ottawa, Toronto, and Vancouver (Canada); Yerevan and Gyumri (Armenia); Bangalore, Hyderabad, and Noida (India); Penang (Malaysia); and Singapore, among others. In France, which is a major European presence, mostly due to the Ansys acquisition, there are several offices, with the major ones being located in Lyon, Paris, Grenoble and Nice, all together comprising approximately 860 employees. Synopsys also maintains a significant engineering and development presence in Portugal, employing over 850 people across two main technical hubs. The company operates offices in Lisbon (located in the Lagoas Park business complex in Porto Salvo) and Porto (situated within the Tecmaia technological park in Moreira da Maia). These locations function primarily as core microelectronics design centers, focusing on analog design, integrated circuit and digital verification, hardware prototyping, and firmware development. In Canada, the company has approximately 1,300 employees across all its offices. It is also one of the largest employers for engineers in Armenia, employing over 1,000 people across its offices in Yerevan and Gyumri. The company has substantial presence in Asia, where Synopsys operates major R&D and sales hubs in India across its offices, with the main ones being Bangalore, Noida, Pune and Hyderabad, employing approximately 6,400 people within a country that hosts roughly 20% of the world's semiconductor design engineers. China on the other hand accounts for around 2,000 employees across its main office locations in Shanghai, Beijing, Nanjing, and Shenzhen, while Japan and South Korea have 500 employees on each of their ends, operating primarily out of Tokyo and Osaka for Japan, and Seoul for South Korea.

Synopsys operates on a global scale, with its business spread across several major regions and markets. The United States is the company's largest market, contributing 44.71% of total revenue in fiscal year 2024 (approximately $2.74 billion). Other significant markets include China, which represented 16.15% of revenue ($989.52 million); Korea, accounting for 12.62% ($773.02 million); and Europe, with 10.03% ($614.58 million). The company also recorded 16.49% of its revenue ($1.01 billion) under the "Other Countries" category, highlighting a diversified international footprint, which includes India contributing $250 million in revenue.

Business in the United States

In addition to doing business with multiple American chip design and system integration companies, Synopsys maintains government contracts, which are often focused on research and development initiatives.

In 2020, the United States Department of Defense announced Synopsys as a partner in U.S. Defense Advanced Research Projects Agency (DARPA) Automatic Implementation of Secure Silicon (AISS) research program along with ARM, Boeing, IBM, and other entities focused on developing automated design tools for secure chips. In October 2022, Synopsys joined Intel's US Military Aerospace and Government Alliance (USMAG), under which Synopsys supplies secure EDA tools, IP, and design services for the US DoD and other government branches along with other chip design companies including Cadence and Siemens EDA. In 2025, DARPA announced companies that have been selected for the initial stage of the government's Quantum Benchmarking Initiatives (QBI), in which Synopsys is participating along with Hewlett Packard, Applied Materials, University of Wisconsin and other organizations to advance quantum computing research and development. The company contributes its expertise in modeling and simulation, EDA tools and semiconductor IP, as part of this multi-partner effort to determine whether an industrially useful quantum computer can be built more rapidly than conventional projections suggest.

Business in China

In 2017, the company established a $100 million strategic investment fund for the Chinese market.

In April 2021, following a Washington Post report on the use of Synopsys and Cadence Design Systems technology in the People's Liberation Army's military-civil fusion efforts, U.S. legislators Michael McCaul and Tom Cotton requested that the United States Department of Commerce tighten controls on the sales of semiconductor manufacturing software. In 2022, Bloomberg reported that Synopsys was under investigation by the United States Department of Commerce for unlawful technology transfers to sanctioned companies in China such as Huawei's HiSilicon and Semiconductor Manufacturing International Corporation.

In May 2025, the Trump administration briefly paused the issuing of licenses for exports of airplane and semiconductor technology to China, which impacted Synopsys and other American Electronic Design Automation vendors.

(For more information, see #Export control restrictions.)

Offices in Armenia

Synopsys Armenia is one of the largest Synopsys sites outside the United States, employing more than 1,000 people across two offices in Yerevan and one in Gyumri, making it one of the largest IT employers in the country. The Armenian offices serve as a research and development hub, providing support for electronic design automation (EDA), design for manufacturing (DFM), and semiconductor intellectual property (IP) solutions. Synopsys Armenia's teams work on advanced logic and analog integrated circuit design, software development, and verification, contributing both to global product support and innovation. In addition to technical work, Synopsys Armenia invests heavily in workforce development and professional education, collaborating with local universities to train highly skilled specialists in microelectronics and related fields.

Adoption of AI technologies

In March 2020, Synopsys introduced DSO.ai (Design Space Optimization AI), a cloud-based AI-based software tool for chip design, The software uses AI (reinforcement learning) to automate logic synthesis as well as place and route decisions for circuit blocks.

In March 2023, Synopsys expanded its artificial intelligence applications by introducing VSO.ai (Verification Space Optimization) and TSO.ai (Test Space Optimization) as part of the Synopsys.ai suite. VSO.ai uses machine learning to accelerate verification coverage closure and identify functional coverage gaps, while TSO.ai applies reinforcement learning to optimize test pattern generation.

In November 2023, Synopsys launched Synopsys.ai Copilot through a collaboration with Microsoft, integrating Azure OpenAI service to provide generative AI capabilities for semiconductor design via the use of large language models.

In 2026, Synopsys introduced an agentic AI technology called AgentEngineer for chip design tasks. The company says the technology is meant to automate engineering work across the chip design process, from implementation through verification and debugging. In March 2026, Synopsys announced multiphysics fusion technology, the first EDA software resulting from the company's Ansys acquisition. As of June 2026, customers of multiphysics fusion include Nvidia, MediaTek, and Cisco.

Mergers and acquisitions

Synopsys has grown significantly by acquiring companies in electronic design automation and related fields.

Virtio Corporation

Virtio Corporation was founded in 1999 and based in Campbell, California, USA with development centers in Campbell and Livingston, Scotland, UK. Virtio Corporation was a pioneering creator of Virtual SoC Platforms for early embedded software development. Virtio Corporation was acquired by Synopsys in May 2006.

CoWare

CoWare development was initiated by the Interuniversity Microelectronics Centre in Belgium as an internal project in 1992; it spun off as an independent company, supplying platform-driven electronic system-level (ESL) design software and services, four years later. CoWare was acquired by Synopsys in February 2010.

Code Dx

Code Dx was an American software technology company active from 2015 to 2021. The company's self-titled flagship product is a vulnerability management system that combines and correlates the results generated by a wide variety of static and dynamic testing tools. It was acquired by Synopsys in 2021.

Avanti Corporation

Avanti Corporation (styled as "Avant!") was founded when several former Cadence Design Systems employees bought the startup ArcSys, which had previously merged with Integrated Silicon Solutions (ISS), gaining Avanti its design rule checking and layout versus schematic tool Hercules (including 3D silicon structure modeling). Avanti then bought Compass Design Automation, which had fully integrated IC design flow and ASIC libraries, especially its place and route tool, which Avanti reworked to create Saturn and Apollo II. Avanti also bought TMA (Technology Modeling Associates), which brought its pioneering TCAD and Proteus optical proximity correction tools. The acquisition of Avanti was Synopsys' most significant and controversial acquisition. At the time, Avanti was the No. 4 company in the EDA industry, and was struggling with a major lawsuit from Cadence for software theft. Avanti was merged into Synopsys on June 6, 2002, during the litigation. Synopsys paid Cadence about $265 million to end that litigation. Soon after the settlement, the California Supreme Court upheld the lower court's earlier decision. Synopsys then paid $26.1 million to Silvaco to settle two of Silvaco's three lawsuits against Meta-Software, earlier purchased by Avanti, and its president. The lawsuits were filed in 1995 and inherited by Avanti.

Optical Research Associates

Synopsys acquired Optical Research Associates (ORA) in 2010, including its software products CODE V and LightTools.

Magma Design Automation

Synopsys agreed to buy its competitor Magma Design Automation for $507 million in an all-cash deal in November 2011.

The two companies previously faced drawn-out, back-and-forth patent disputes, which began in 2004. These disputes arose when Synopsys claimed one of Magma's co-founders, Lukas van Ginneken, developed technology for Magma products that was based on work he conducted while employed at Synopsys. While van Ginneken later acknowledged the claim, Magma and Synopsys continued disputing each other's patents. The litigations were eventually settled in 2007, with Magma paying Synopsys $12.5 million, and the companies agreeing to cross-license the disputed patents to each other.

Ciranova

Ciranova was an EDA company which focused on analog design automation. The company authored the Python-based PyCell software now central to IPL Alliance iPDK parameterized cells (used by many foundries such as TSMC), and also developed an automatic analog layout tools called Helix. Ciranova was acquired by Synopsys in 2012.

Novas Software

Novas Software was a company founded in 1996 to address debugging of chip designs. Novas was purchased by Taiwan-based EDA company SpringSoft in May 2008. SpringSoft and Novas were acquired by Synopsys in 2012.

Numerical Technologies

Numerical Technologies, Inc. was a San Jose-based electronic design automation public (NASDAQ: NMTC) company. The company was primarily known for its intellectual property, software tools and services covering phase-shifting mask technology. On March 3, 2003, it was acquired by Synopsys for $250 million.

SpringSoft

SpringSoft is a software company that developed VLSI design and debugging software. The company was founded with a grant from the Taiwanese National Science Council in February 1996.

In 1997, SpringSoft established Novas Software in Silicon Valley to market Springsoft's VLSI Debugging software. SpringSoft created a custom layout tool called Laker and a US-based company called Silicon Canvas. In May 2008, SpringSoft purchased Novas Software Silicon Canvas and combined them to form the wholly owned subsidiary SpringSoft USA. SpringSoft employed over 400 people with office locations across the world.

Synopsys announced its acquisition of SpringSoft in 2012.

Synplicity

Synplicity Inc. was a supplier of software for the design of programmable logic devices (FPGAs, PLDs, and CPLDs) used for communications, military/aerospace, consumer, semiconductor, computer and other electronic systems. Synplicity's tools provided logic synthesis, physical synthesis, and verification functions for FPGA, FPGA-based ASIC prototyping, and DSP designers. Synplicity was listed on Nasdaq until it was acquired by Synopsys for $227 million in a transaction finalized on May 15, 2008.

ARC International

ARC International PLC was the designer of ARC (Argonaut RISC Core) embedded processors, which were widely used in SoC devices for IoT, storage, digital home, mobile, and automotive applications. Virage Logic, which acquired ARC International in 2009, was sold to Synopsys in 2010.

In January 2026, it was announced that Synopsys was selling its processor IP product lines, including the ARC and ARC-V CPU IP, to GlobalFoundries.

MOSAID Semiconductor IP

Synopsys announced the acquisition of MOSAID's Semiconductor IP business for $15M in July 2007. Assets included double-data-rate (DDR) memory controllers and PHY semiconductor IP products.

Coverity

In February 2014, Synopsys agreed to acquire static code analysis vendor Coverity for $375 million. Synopsys relied on Coverity's products for around ten years prior to the acquisition, helping improve software security by finding and fixing defects in software code before its release.

Coverity's open-source Coverity Scan tool was hacked and used for cryptocurrency mining in February 2018. Synopsys took down the service for four weeks and confirmed the incident did not affect any of its corporate network and found no evidence of data abuse of its open-source users.

Codenomicon

In 2015 Synopsys acquired the Finnish developer of security software Codenomicon. Codenomicon had itself previously acquired the Finnish software company Clarified Networks in 2011.

Cigital

Synopsys announced the acquisition of Cigital along with its 2015 spinoff Codiscope in November 2016. The suite of its software security products became part of Synopsys' software integrity group.

Sidense

Synopsys announced the acquisition of Ottawa-based-Sidense in October 2017. Sidense had developed a One-Time Programmable (OTP) Non-Volatile Memory (NVM) IP solution proven in technologies from 180 nm down to 16 nm. A patented split-channel 1T-Fuse bit-cell offers low power, small area, and access times as fast as 10ns.

QuantumWise

In 2017 Synopsys acquired the atomic-scale modeling software company QuantumWise (former Atomistix), which provides tools for quantum-based and classical simulations in the field of material science.

Black Duck Software

Black Duck Software was a privately held company focused on automating the process of identifying and creating an inventory of open source code used in software applications, as well as detecting known security vulnerabilities and license compliance issues. It ran the Open Hub website. The company was founded by Doug Levin. Black Duck Software was acquired by Synopsys in December 2017 for $565 million and integrated into the Software Integrity Group (SIG) until it was spun out. In October 2024, the private equity firms Clearlake Capital and Francisco Partners completed the acquisition of the Synopsys Software Integrity Group (SIG) to reestablish Black Duck Software as an independent standalone application security company. The transaction, first announced in May 2024, was valued at up to $2.1 billion, including $475 million in cash.

WhiteHat Security

In April 2022, Synopsys announced the acquisition of WhiteHat Security for $330 million. WhiteHat Security was founded in 2001 and provides application security as well as insights for DevOps teams.

PikeTec

In 2023, Synopsys completed the acquisition of PikeTec, a provider of verification and testing tools for automotive software.

Intrinsic ID

In March 2024, Synopsys announced it had acquired the Internet of things digital authentication company Intrinsic ID for an undisclosed amount.

Ansys

In January 2024, Synopsys announced its intention to acquire engineering software company Ansys for $35 billion. That would expand Synopsys' prominence in simulation software and systems design for chip designers, automobiles, airplanes. The companies have had a research and development partnership since 2017.

The Federal Trade Commission required Synopsys to divest certain assets as part of the acquisition. Under the proposed consent order, Synopsys agreed to divest its optical and photonic software tools, while Ansys divested its PowerArtist power consumption analysis tool. In September 2024, Synopsys announced it would sell its optical systems division to Keysight Technologies to address regulatory concerns.

In January 2025, Synopsys announced that the European Commission had approved its proposed $35 Billion acquisition of Ansys in Phase 1, marking significant progress in obtaining regulatory clearances for the merger. The company also reported that the UK Competition and Markets Authority had provisionally accepted remedies for Phase 1 approval, and the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act had expired. While actively working with the U.S. Federal Trade Commission (FTC) on proposed remedies review, Synopsys noted that China's State Administration for Market Regulation had officially accepted their merger filing. The acquisition aimed to address growing customer demands for integrated Electronic Design Automation and Simulation and Analysis software solutions. The acquisition was completed on July 17, 2025.

Export control restrictions

In May 2025, in the context of trade negotiations with China, the US government briefly paused the issuing of licenses for exports of airplane and semiconductor technology to China, which impacted Synopsys and its competitors. Synopsys suspended its financial guidance after receiving a letter from the Bureau of Industry and Security informing it of new export restrictions related to China. According to an internal memo obtained by Reuters, Synopsys told staff in China to halt services and sales in the country and stop taking new orders to comply with the new restrictions, which took effect on May 29, 2025. The restrictions broadly prohibited sales of Synopsys products and services to China, affecting all customers in the country. However, in July 2025, the U.S. government rescinded these export controls, allowing Synopsys and other electronic design automation companies to resume sales to China.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorTechnology industryTechnology employees28,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$7.05B
2016-10-31 → 2025-10-31
EPS$8.04
2016-10-31 → 2025-10-31
Free Cash Flow$1.35B
2016-10-31 → 2025-10-31
Net margin11.4%
2016-10-31 → 2025-10-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend SNPS 5Y avg Peer Median Verdict
P/E (TTM) 85.85Y avg ≈53.4 ≈53.4 36.0 Overvalued
P/S (TTM) 10.05Y avg ≈12.0 ≈12.0 7.7 Fair value
P/B (MRQ) 3.05Y avg ≈8.2 ≈8.2 12.0 Undervalued
EV / EBITDA (TTM) 38.45Y avg ≈47.1 ≈47.1 45.1 Overvalued
Price / FCF (TTM) 34.25Y avg ≈47.1 ≈47.1 · ·
Price / Cash Flow (TTM) 31.95Y avg ≈42.7 ≈42.7 33.8 Overvalued
EV / Revenue (TTM) 10.75Y avg ≈12.0 ≈12.0 · ·
EV / FCF (TTM) 36.55Y avg ≈47.4 ≈47.4 · ·
Price / Tangible Book (MRQ) 4.85Y avg ≈25.1 ≈25.1 · ·
PEG Ratio ≈6.4 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 1.7%
PeriodReportEPS ActualEPS EstSurprise
Sept. 30, 2026 Aug 26, 2026 $3.91 $3.74 4.6%
June 30, 2026 May 27, 2026 $3.35 $3.22 4.1%
March 31, 2026 $3.77 $3.63 3.9%
Dec. 31, 2025 $2.90 $2.83 2.4%
Sept. 30, 2025 $3.39 $3.80 -10.9%
June 30, 2025 $3.67 $3.45 6.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $7.05B$6.13B$5.32B$4.62B$4.20B$3.69B$3.36B$3.12B$2.72B$2.42B$2.24B$2.06B
Cost of Revenue $1.62B$1.25B$1.03B$898M$862M$795M$753M$736M$654M$543M$519M$457M
Gross Profit $5.43B$4.88B$4.29B$3.72B$3.34B$2.89B$2.61B$2.39B$2.07B$1.88B$1.72B$1.60B
R&D Expense $2.48B$2.08B$1.85B$1.59B$1.50B$1.28B$1.14B$1.08B$909M$857M$776M$719M
SG&A Expense $770M$568M$377M$314M$323M$285M$229M$263M$197M$166M$165M$155M
Operating Expenses $4.52B$3.53B$3.01B$2.57B$2.61B$2.27B$2.09B$2.02B$1.72B$1.56B$1.46B$1.35B
Operating Income $915M$1.36B$1.27B$1.15B$735M$620M$520M$360M$348M$317M$266M$249M
Interest Expense ··$1M$2M$3M$5M$12M$16M$7M$4M$3M$2M
Other Non-op $-17M$-21M$-20M$11M$-5M$-7M$-1M$5M$3M$8M$5M$12M
Pretax Income $1.39B$1.51B$1.31B$1.10B$806M$638M$546M$364M$383M$330M$282M$272M
Income Tax $56M$100M$90M$139M$49M$-25M$13M$-69M$247M$63M$56M$13M
Net Income $1.33B$2.26B$1.23B$985M$758M$664M$532M$433M$137M$267M$226M$259M
EPS (Basic) $8.13$14.78$8.08$6.44$4.96$4.40$3.55$2.90$0.91$1.76$1.46$1.67
EPS (Diluted) $8.04$14.51$7.92$6.29$4.81$4.27$3.45$2.82$0.88$1.73$1.43$1.64
Shares (Basic) 163,947,000153,138,000152,146,000153,002,000152,698,000151,135,000149,872,000149,036,000150,457,000152,017,000154,957,000155,054,000
Shares (Diluted) 165,656,000155,944,000155,195,000156,485,000157,340,000155,706,000154,190,000153,393,000154,874,000154,721,000158,065,000157,710,000
EBITDA $1.58B$1.65B$1.52B$1.39B$938M$830M$722M$569M$537M$524M$478M$442M
Balance Sheet 30
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $2.89B$3.90B$1.43B$1.42B$1.43B$1.24B$729M$723M$1.05B$977M$836M$986M
Short-term Investments $73M$154M$152M$148M$148M$0··$0$141M$129M$0
Receivables $1.51B$934M$857M$796M$569M$781M$554M$554M$451M$439M$386M$327M
Inventory $365M$362M$326M$212M$229M$192M$142M$122M$62M···
Prepaid Expense $1.18B$1.12B$548M$439M$430M$308M$290M$68M$73M$105M$71M$54M
Current Assets $6.01B$6.47B$3.43B$3.01B$2.81B$2.55B$1.74B$1.54B$1.68B$1.72B$1.47B$1.50B
PP&E (Net) $697M$563M$550M$483M$472M$484M$430M$309M$266M$257M$263M$249M
PP&E (Gross) $1.66B$1.49B$1.47B$1.35B$1.28B$1.25B$1.11B$936M$838M$763M$717M$687M
Accum. Depreciation $965M$930M$923M$866M$804M$770M$683M$627M$572M$506M$454M$438M
Goodwill $26.90B$3.45B$3.35B$3.12B$3.58B$3.37B$3.17B$3.14B$2.71B$2.52B$2.47B$2.26B
Intangibles $12.68B$195M$240M$386M$279M$254M$279M$360M$254M$267M$364M$365M
Other Non-current Assets $1.12B$584M$445M$464M$511M$414M$381M$247M$223M$186M$186M$175M
Total Assets $48.22B$13.07B$10.33B$9.42B$8.75B$8.03B$6.41B$6.15B$5.40B$5.24B$5.05B$4.78B
Accounts Payable $165M$207M$155M$38M$27M$30M$20M$85M$20M$14M$10M$28M
Short-term Debt ····$75M$27M$18M·····
Current Liabilities $3.72B$2.65B$2.99B$2.77B$2.41B$2.14B$1.75B$2.10B$1.61B$1.71B$1.58B$1.39B
Capital Leases $681M$574M$580M$581M$487M$462M$0·····
Deferred Tax $1.00B$37M··········
Other Non-current Liabilities $1.65B$470M$382M$328M$391M$285M$324M$266M$252M$211M$202M$159M
Total Liabilities $19.90B$4.05B$4.15B$3.86B$3.45B$3.12B$2.32B$2.66B$2.12B$2.05B$1.91B$1.72B
Long-term Debt $13.48B$16M··········
Total Debt $13.48B$16M$18M$21M$25M$101M$120M$126M$134M·$0$45M
Common Stock $2M$2M$2M$2M$2M$2M$2M$1M$2M$2M$2M$2M
Paid-in Capital $18.64B$1.21B$1.28B$1.49B$1.58B$1.65B$1.64B$1.64B$1.62B$1.64B$1.61B$1.61B
Retained Earnings $10.32B$8.98B$6.74B$5.53B$4.55B$3.80B$3.16B$2.54B$2.14B$1.95B$1.73B$1.55B
Treasury Stock $398M$1.03B$1.68B$1.27B$783M$489M$626M$598M$426M$294M$98M$49M
AOCI $-232M$-180M$-196M$-234M$-50M$-54M$-92M$-113M$-66M$-105M$-105M$-62M
Stockholders' Equity $28.33B$8.99B$6.15B$5.52B$5.30B$4.91B$4.08B$3.48B$3.28B$3.20B$3.13B$3.06B
Liabilities + Equity $48.22B$13.07B$10.33B$9.42B$8.75B$8.03B$6.41B$6.15B$5.40B$5.24B$5.05B$4.78B
Shares Outstanding 185,994,000154,112,000152,053,000152,375,000153,062,000152,618,000150,331,000149,265,000150,445,000151,454,000155,157,000155,965,000
Cash Flow 15
Metric Trend 202520242023202220212020201920182017201620152014
D&A $660M$295M$247M$228M$204M$210M$202M$209M$189M$207M$212M$193M
Stock-based Comp $893M$692M$563M$459M$345M$249M$155M$140M$108M$98M$86M$79M
Deferred Tax $-464M$-376M$-208M$-36M$-129M$-112M$-83M$-210M$123M$-14M$37M$-14M
Amort. of Intangibles $193M$16M$9M$12M$86M$95M$104M$129M$112M$133M$140M$130M
Restructuring $0$0$53M$11M$33M$36M$47M$13M$37M$10M$15M$0
Other Non-cash $-904M$-1.47B$-126M$104M$315M$-20M$-6M$-147M$77M$29M$-66M$34M
Operating Cash Flow $1.52B$1.41B$1.70B$1.74B$1.49B$991M$801M$424M$632M$587M$495M$551M
CapEx $169M$140M$190M$137M$94M$155M$198M$99M$70M$67M$87M$103M
Investing Cash Flow $-15.88B$1.22B$-482M$-573M$-549M$-360M$-236M$-744M$-189M··$-497M
Stock Repurchased $0$0$1.16B$1.10B$753M$242M$329M$400M$380M$400M$260M$120M
Net Stock Activity $0$0$-1.16B$-1.10B$-753M$-242M$-329M$-400M$-380M$-400M$-260M$-120M
Financing Cash Flow $13.36B$-181M$-1.20B$-1.12B$-749M$-141M$-562M$5M$-373M··$-74M
Net Change in Cash $-1.01B$2.46B$21M$-15M$197M$507M$6M$-325M$70M$140M$-150M$-37M
Free Cash Flow $1.35B$1.28B$1.51B$1.60B$1.40B$837M$602M$325M$564M$520M$408M$448M
Levered FCF ··$1.51B$1.60B$1.40B$831M$591M$307M$562M$517M$406M$446M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 77.0%79.7%79.1%79.1%79.5%78.4%77.6%76.4%76.0%77.6%76.9%77.8%
Operating Margin 13.0%22.1%21.7%22.9%17.5%16.8%15.5%11.5%12.8%13.1%11.9%12.1%
Net Margin 18.9%36.9%21.1%19.4%18.0%18.0%15.8%13.9%5.0%11.0%10.1%12.6%
Pretax Margin 19.8%24.7%22.3%21.9%19.2%17.3%16.2%11.7%14.1%13.6%12.6%13.2%
EBITDA Margin 22.3%26.9%25.9%27.4%22.3%22.5%21.5%18.2%19.7%21.6%21.3%21.5%
ROA 4.3%19.3%12.4%10.8%9.0%9.2%8.5%7.5%2.6%5.2%4.6%5.7%
ROE 7.1%29.9%21.1%18.2%14.8%14.8%14.1%12.8%4.2%8.4%7.3%8.9%
ROIC 2.1%14.1%19.3%18.4%13.0%12.9%12.1%11.9%3.6%8.0%6.8%7.6%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.62.41.11.11.21.21.00.71.01.01.01.1
Quick Ratio 1.21.90.80.90.90.90.70.60.90.90.90.9
Debt / Equity 0.50.00.00.00.00.00.00.00.0·0.00.0
LT Debt / Equity 0.50.00.00.00.00.00.00.00.0·0.00.0
Interest Coverage ··1077.5684.4218.4120.744.623.147.684.294.7131.2
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.20.50.60.60.50.50.50.50.50.50.50.5
Inventory Turnover 4.53.64.54.84.14.85.78.0····
Receivables Turnover 5.86.86.77.46.25.56.16.26.15.96.37.1
Per Share 5
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $152.30$58.34$40.43$36.20$34.59$32.15$27.16$23.31$21.77$21.10$20.20$19.60
Revenue / Share $42.58$39.29$37.65$32.47$26.72$23.67$21.80$20.35$17.59$15.66$14.19$13.05
Cash Flow / Share $9.17$9.02$10.98$11.11$9.49$6.37$5.19$2.77$4.10$3.79$3.13$3.49
Cash / Share $15.53$25.28$9.46$9.30$9.36$8.10$4.85$4.84$6.97$6.45$5.39$6.32
EPS (TTM) $8.04$14.51$7.92$6.29$4.81$4.27$3.45$2.82$0.88$1.73$1.43$1.64
Growth Rates 9
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 15.1%15.2%15.2%9.8%14.1%·······
Revenue CAGR 3Y 15.2%13.4%13.0%·········
Revenue CAGR 5Y 13.9%···········
EPS YoY -44.6%83.2%25.9%30.8%12.7%·······
EPS CAGR 3Y 8.5%44.5%22.9%·········
EPS CAGR 5Y 13.5%···········
Net Income YoY -41.1%84.0%24.9%30.0%14.0%·······
Net Income CAGR 3Y 10.6%44.0%22.8%·········
Net Income CAGR 5Y 14.9%···········
Valuation (TTM) 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $7.05B$6.13B$5.32B$4.62B$4.20B$3.69B$3.36B$3.12B$2.72B$2.42B$2.24B$2.06B
Net Income TTM $1.33B$2.26B$1.23B$985M$758M$664M$532M$433M$137M$267M$226M$259M
Market Cap $84.41B$79.15B$71.38B$44.58B$51.00B$32.64B$20.41B$13.36B$13.02B$8.98B$7.75B$6.39B
Enterprise Value $94.93B$75.12B$69.81B$43.03B$49.44B$31.50B$19.80B$12.77B$12.10B·$6.79B$5.45B
P/E 56.435.459.346.569.350.139.331.798.334.335.025.0
P/S 12.012.913.49.712.18.96.14.34.83.73.53.1
P/B 3.08.811.68.19.66.75.03.84.02.82.52.1
P / Tangible Book ·14.827.922.235.425.3······
P / Cash Flow 55.656.341.925.634.232.925.531.520.515.315.711.6
P / FCF 62.661.747.227.836.539.033.941.123.117.319.014.3
EV / EBITDA 60.345.546.030.952.738.027.422.422.5·14.212.3
EV / FCF 70.458.546.126.935.337.732.939.221.4·16.612.2
EV / Revenue 13.512.313.19.311.88.55.94.14.4·3.02.6
Earnings Yield 1.8%2.8%1.7%2.1%1.4%2.0%2.5%3.1%1.0%2.9%2.9%4.0%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-10-312024-10-312023-10-312022-10-312021-10-31
Revenue $7.05B $6.13B $5.32B $4.62B $4.20B
Gross Margin % 77.0% 79.7% 79.1% 79.1% 79.5%
Operating Margin % 13.0% 22.1% 21.7% 22.9% 17.5%
Net Income $1.33B $2.26B $1.23B $985M $758M
Diluted EPS $8.04 $14.51 $7.92 $6.29 $4.81

Institutional owners (13F) 1,596 filers · $87.3B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,596
Value held $87.3B
New positions 197
Exited positions 130
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
197 (-21 vs prior Q) 130 (-32 vs prior Q) 588 (+5 vs prior Q) 521 (+21 vs prior Q) +8.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $8,673,314,979 18,464,862 9.93% Shares
BlackRock, Inc. $7,228,099,176 16,203,958 8.28% Shares
VANGUARD CAPITAL MANAGEMENT LLC $5,579,006,412 12,507,020 6.39% Shares
STATE STREET CORP $4,047,582,529 9,073,873 4.63% Shares
Invesco Ltd. $2,689,268,592 6,028,804 3.08% Shares
FMR LLC $2,671,863,296 5,989,785 3.06% Shares
NVIDIA CORP $2,150,823,302 4,821,717 2.46% Shares
GEODE CAPITAL MANAGEMENT, LLC $2,006,131,665 4,510,929 2.30% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,004,407,070 4,493,481 2.29% Shares
MORGAN STANLEY $1,681,063,746 3,768,607 1.92% Shares
VAN ECK ASSOCIATES CORP $1,542,175,062 3,457,249 1.77% Shares
VICTORY CAPITAL MANAGEMENT INC $1,275,918,734 2,860,290 1.46% Shares
GOLDMAN SACHS GROUP INC $1,220,872,812 2,736,953 1.40% Shares
Assenagon Asset Management S.A. $1,095,281,170 2,455,402 1.25% Shares
UBS Group AG $1,070,348,534 2,399,508 1.23% Shares
Capital Research Global Investors $1,016,990,376 2,279,877 1.16% Shares
AMERIPRISE FINANCIAL INC $948,002,804 2,125,136 1.09% Shares
BARCLAYS PLC $937,482,122 2,101,648 1.07% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $870,120,161 2,194,613 1.00% Shares
NORTHERN TRUST CORP $810,738,916 1,817,515 0.93% Shares
Amundi $779,864,609 1,748,301 0.89% Shares
Aristotle Capital Management, LLC $775,023,654 1,737,376 0.89% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $747,400,099 1,675,522 0.86% Shares
NORGES BANK $716,608,333 1,606,493 0.82% Shares
Bank of New York Mellon Corp $692,073,519 1,551,492 0.79% Shares
AQR CAPITAL MANAGEMENT LLC $672,493,388 1,507,732 0.77% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $665,567,665 1,492,070 0.76% Shares
FRANKLIN RESOURCES INC $656,691,969 1,472,172 0.75% Shares
PARNASSUS INVESTMENTS, LLC $628,468,023 1,408,900 0.72% Shares
FIL Ltd $592,847,103 1,329,045 0.68% Shares
ALKEON CAPITAL MANAGEMENT LLC $566,931,774 1,270,948 0.65% Shares
AMERICAN CENTURY COMPANIES INC $558,089,775 1,251,126 0.64% Shares
EDGEWOOD MANAGEMENT LLC $547,757,901 1,227,964 0.63% Shares
BANK OF AMERICA CORP /DE/ $539,985,556 1,210,540 0.62% Shares
JPMORGAN CHASE & CO $511,386,549 1,143,375 0.59% Shares
Legal & General Group Plc $491,922,869 1,102,793 0.56% Shares
VANGUARD FIDUCIARY TRUST CO $479,519,005 1,074,986 0.55% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $428,989,563 961,706 0.49% Shares
PRIMECAP MANAGEMENT CO/CA/ $399,388,777 895,350 0.46% Shares
FIRST MANHATTAN CO. LLC. $383,239,751 859,147 0.44% Shares
DEUTSCHE BANK AG\ $372,242,740 834,494 0.43% Shares
FARALLON CAPITAL MANAGEMENT, L.L.C. $370,059,672 829,600 0.42% Shares
Clearbridge Investments, LLC $365,387,985 819,127 0.42% Shares
W1M Asset Management Ltd $364,115,964 816,669 0.42% Shares
JANE STREET GROUP, LLC $360,905,869 809,079 0.41% Shares
Sustainable Growth Advisers, LP $360,132,831 807,346 0.41% Shares
UBS Group AG $353,078,679 791,532 0.40% Call option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $352,484,514 790,200 0.40% Call option
Sumitomo Mitsui Trust Group, Inc. $352,279,322 789,740 0.40% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $325,051,209 728,700 0.37% Put option

Show all 1,596 institutional owners →

Activists & 5%+ owners 11 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Synopsys, Inc. ×5 filings March 31, 2008 · Initial filing M&A / sale SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 10, 2004 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 17, 2004 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 8, 2004 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 2, 2003 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person July 17, 2003 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 30, 2003 · Initial filing · SEC
Synopsys, Inc. IRS Identification Number: 561546236 Jan. 22, 2003 · Initial filing M&A / sale SEC
Synopsys, Inc. 561546236 July 31, 2002 · Initial filing M&A / sale SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 24, 2001 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person April 2, 2001 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 52 insiders · 14 officers · 19 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Sassine Ghazi PRESIDENT AND CEO Sept. 15, 2026 M 76,865 0 2 $-12,176,941
Chi-Foon Chan Co-CEO Feb. 28, 2022 J 155,120 0 0 $0
Sudhindra Kankanwadi Deputy CFO & CAO Aug. 31, 2026 J 22,717 0 0 $0
Shelagh Glaser CFO June 15, 2026 M 1,452 0 3 $-3,212,404
Trac Pham CFO Aug. 31, 2022 J 39,849 0 0 $0
Janet Lee GC & Corporate Secretary Sept. 11, 2026 M 17,678 0 2 $-260,000
Aart De Geus EXECUTIVE CHAIR Sept. 1, 2026 M 120,443 0 3 $-32,518,171
Michael Ellow Chief Revenue Officer Aug. 31, 2026 J 2,612 0 0 $0
Richard S. Mahoney Chief Revenue Officer Aug. 29, 2025 J 1,511 0 0 $0
John F Runkel JR GC & Corporate Secretary March 15, 2025 M 23,383 0 0 $0
Joseph W Logan Chief Revenue Officer Aug. 31, 2022 J 99,945 0 0 $0
Brian M Beattie EVP, Business Ops. & CAO Feb. 28, 2017 J 39,794 0 0 $0
Esfandiar Naddaf VP, Controller June 17, 2015 M 6,866 0 0 $0
Brian E Cabrera General Counsel & Dec. 19, 2013 M 10,000 0 0 $0
Jesse Cohn Director June 1, 2026 A 1,082 0 0 $0
Peter A Shimer Director April 16, 2026 A 1,378 0 0 $0
Ravi K Vijayaraghavan Director April 16, 2026 A 3,667 0 0 $0
Robert G Painter Director April 16, 2026 A 2,744 0 0 $0
Mercedes Johnson Director April 16, 2026 A 453 0 0 $0
Janice Chaffin Director April 16, 2026 A 15,622 0 0 $0
John Schwarz Director April 16, 2026 A 13,240 0 0 $0
CHIZEN BRUCE R Director April 16, 2026 A 16,162 0 0 $0
Ajei Gopal Director Sept. 11, 2025 A 167,746 0 0 $0
Luis Borgen Director April 10, 2025 A 1,833 0 0 $0
Roy Vallee Director April 10, 2024 A 2,622 0 0 $0
Marc N Casper Director April 10, 2024 A 2,092 0 0 $0
Chrysostomos L Nikias Director Aug. 19, 2022 S 23,395 0 0 $0
Steven Walske Director Dec. 16, 2020 S 2,784 0 0 $0
Deborah A Coleman Director April 6, 2017 A 31,472 0 0 $0
Alfred Castino Director Feb. 21, 2017 S 15,982 0 0 $0
Jeannine P Sargent · April 16, 2026 A 2,997 0 0 $0
Sasson Somekh · March 1, 2010 S 21,745 0 0 $0
Deirdre Hanford · Dec. 9, 2008 S 16,835 0 0 $0
Joachim Kunkel · Dec. 8, 2008 D 8,472 0 0 $0
Paul (Sheng-Chun) Lo · Dec. 8, 2008 D 13,447 0 0 $0
Manoj Gandhi · Dec. 8, 2008 D 17,527 0 0 $0
Antun Domic · Dec. 8, 2008 D 14,978 0 0 $0
Jan S Collinson · Dec. 8, 2008 D 14,139 0 0 $0
John E Chilton · Dec. 8, 2008 D 28,356 0 0 $0
Fu Hwa Ko · Aug. 29, 2008 J 5,192 0 0 $0
Gary Meyers · May 16, 2008 A · 0 0 $0
Geoffrey E Sloma · May 4, 2007 A 4,471 0 0 $0
Wolfgang Fichtner · Dec. 14, 2006 J · 0 0 $0
Richard A Newton · Dec. 5, 2006 M 14,762 0 0 $0
Raul Camposano · Aug. 31, 2006 J 29,399 0 0 $0
Vicki L Andrews · June 2, 2006 S 2,937 0 0 $0
Rex S Jackson · Dec. 6, 2005 J 0 0 0 $0
Richard Rowley · Aug. 31, 2005 J 558 0 0 $0
Steven K Shevick · Feb. 28, 2005 J 9,875 0 0 $0
Jay N Greenberg · Dec. 17, 2004 J · 0 0 $0
Sanjiv Kaul · June 4, 2004 M 10,301 0 0 $0
Andy D Bryant · May 26, 2004 J · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 152 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PRNT · ARK ETF Trust 4.66% 7,030 NS July 31, 2026 N-PORT
AIBU · Direxion Shares ETF Trust 3.47% 2,049 NS July 31, 2026 N-PORT
IGV · iShares Trust 2.62% 876,884 SH Sept. 11, 2026 Daily
EPMV · Harbor ETF Trust 2.13% 257 NS July 31, 2026 N-PORT
SOXY · Tidal Trust II 1.88% 3,100 NS July 31, 2026 N-PORT
CHPY · Tidal Trust II 1.88% 49,487 NS July 31, 2026 N-PORT
RSPT · Invesco Exchange-Traded Fund Trust 1.60% 201,941 SH Oct. 2, 2026 Daily
SEMI · Columbia ETF Trust I 1.46% 1,415 NS July 31, 2026 N-PORT
QNXT · iShares Trust 1.46% 1,002 SH Sept. 11, 2026 Daily
EPMB · Harbor ETF Trust 1.42% 167 NS July 31, 2026 N-PORT
QQQG · Pacer Funds Trust 1.26% 660 NS July 31, 2026 N-PORT
RILA · Spinnaker ETF Series 1.18% 1,278 NS July 31, 2026 N-PORT
EPSV · Harbor ETF Trust 1.18% 184 NS July 31, 2026 N-PORT
IETC · iShares U.S. ETF Trust 1.02% 17,596 SH Sept. 11, 2026 Daily
SPHB · Invesco Exchange-Traded Fund Trust … 1.01% 19,817 SH Oct. 2, 2026 Daily
IGPT · Invesco Exchange-Traded Fund Trust 1.00% 29,624 SH Oct. 2, 2026 Daily
ARKX · ARK ETF Trust 0.97% 18,862 NS July 31, 2026 N-PORT
ARKQ · ARK ETF Trust 0.93% 44,205 NS July 31, 2026 N-PORT
KNCT · Invesco Exchange-Traded Fund Trust 0.92% 3,117 SH Oct. 2, 2026 Daily
QQQE · Direxion Shares ETF Trust 0.83% 28,579 NS July 31, 2026 N-PORT
COWG · Pacer Funds Trust 0.80% 45,567 NS July 31, 2026 N-PORT
EPSB · Harbor ETF Trust 0.79% 97 NS July 31, 2026 N-PORT
ALTL · Pacer Funds Trust 0.78% 1,838 NS July 31, 2026 N-PORT
NULC · Nushares ETF Trust 0.76% 1,383 NS July 31, 2026 N-PORT
ESMV · iShares Trust 0.65% 128 SH Sept. 11, 2026 Daily
PEXL · Pacer Funds Trust 0.61% 794 NS July 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.56% 3,557 NS July 31, 2026 N-PORT
HEQQ · J.P. Morgan Exchange-Traded Fund Tr… 0.54% 417 NS July 31, 2026 N-PORT
HAPI · Harbor ETF Trust 0.53% 6,735 NS July 31, 2026 N-PORT
BSCU · Invesco Exchange-Traded Self-Indexe… 0.53% 14,914,000 Oct. 2, 2026 Daily
HIBL · Direxion Shares ETF Trust 0.52% 1,009 NS July 31, 2026 N-PORT
FOWF · Pacer Funds Trust 0.49% 201 NS July 31, 2026 N-PORT
MGK · VANGUARD WORLD FUND 0.45% 335,094 SH Aug. 19, 2026 Daily
PALC · Pacer Funds Trust 0.45% 2,419 NS July 31, 2026 N-PORT
QIDX · Spinnaker ETF Series 0.44% 444 NS July 31, 2026 N-PORT
XOEF · iShares Trust 0.43% 240 SH Sept. 11, 2026 Daily
QQQM · Invesco Exchange-Traded Fund Trust … 0.39% 881,427 SH Oct. 2, 2026 Daily
QQQ · Invesco QQQ Trust, Series 1 0.39% 4,013,842 SH Oct. 2, 2026 Daily
IYW · iShares Trust 0.37% 231,168 SH Sept. 11, 2026 Daily
EVUS · iShares Trust 0.36% 3,452 SH Sept. 11, 2026 Daily
TECL · Direxion Shares ETF Trust 0.36% 46,800 NS July 31, 2026 N-PORT
ACVF · ETF Opportunities Trust 0.35% 1,380 NS July 31, 2026 N-PORT
VGT · VANGUARD WORLD FUND 0.35% 1,340,631 SH Aug. 19, 2026 Daily
QYLD · Global X Funds 0.35% 72,341 NS July 31, 2026 N-PORT
QYLG · Global X Funds 0.34% 1,393 NS July 31, 2026 N-PORT
PTNQ · Pacer Funds Trust 0.34% 10,473 NS July 31, 2026 N-PORT
QQWZ · Pacer Funds Trust 0.34% 445 NS July 31, 2026 N-PORT
IGM · iShares Trust 0.34% 90,544 SH Sept. 11, 2026 Daily
QRMI · Global X Funds 0.34% 124 NS July 31, 2026 N-PORT
QTR · Global X Funds 0.34% 66 NS July 31, 2026 N-PORT
LRND · New York Life Investments ETF Trust 0.34% 3,438 NS July 31, 2026 N-PORT
LCOW · Pacer Funds Trust 0.34% 223 NS July 31, 2026 N-PORT
FTEC · FIDELITY COVINGTON TRUST 0.33% 168,340 NS July 31, 2026 N-PORT
QCLR · Global X Funds 0.33% 28 NS July 31, 2026 N-PORT
USMV · iShares Trust 0.32% 190,875 SH Sept. 11, 2026 Daily
SUSA · iShares Trust 0.32% 31,935 SH Sept. 11, 2026 Daily
QSIX · Pacer Funds Trust 0.31% 148 NS July 31, 2026 N-PORT
USXF · iShares Trust 0.29% 10,811 SH Sept. 11, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.29% 44,106 SH Aug. 19, 2026 Daily
IXN · iShares Trust 0.28% 65,403 SH Sept. 11, 2026 Daily
IWX · iShares Trust 0.28% 26,947 SH Sept. 11, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.27% 5,684 NS July 31, 2026 N-PORT
IVE · iShares Trust 0.26% 318,159 SH Sept. 11, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.26% 496,319 SH Oct. 2, 2026 Daily
JMOM · J.P. Morgan Exchange-Traded Fund Tr… 0.25% 16,304 NS July 31, 2026 N-PORT
VUG · VANGUARD INDEX FUNDS 0.25% 2,133,397 SH Aug. 19, 2026 Daily
VEGN · ETF Series Solutions 0.25% 1,126 NS July 31, 2026 N-PORT
TYLG · Global X Funds 0.24% 89 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.24% 167,401 SH Sept. 11, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.23% 112,452 SH Aug. 19, 2026 Daily
BSCR · Invesco Exchange-Traded Self-Indexe… 0.23% 10,512,000 Oct. 2, 2026 Daily
BSCS · Invesco Exchange-Traded Self-Indexe… 0.23% 8,127,000 Oct. 2, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.22% 1,859 NS July 31, 2026 N-PORT
NULV · Nushares ETF Trust 0.22% 12,305 NS July 31, 2026 N-PORT
ESGU · iShares Trust 0.22% 97,316 SH Sept. 11, 2026 Daily
SUSL · iShares Trust 0.21% 6,420 SH Sept. 11, 2026 Daily
DSI · iShares Trust 0.20% 27,802 SH Sept. 11, 2026 Daily
EUSA · iShares, Inc. 0.20% 9,725 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.20% 413,939 SH Sept. 11, 2026 Daily
SPTE · SP Funds Trust 0.20% 1,077 NS July 31, 2026 N-PORT
MPLY · Strategy Shares 0.18% 73 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.18% 69,668 NS July 31, 2026 N-PORT
GLBL · Pacer Funds Trust 0.18% 5 NS July 31, 2026 N-PORT
FTC · First Trust Exchange-Traded AlphaDE… 0.17% 5,610 NS July 31, 2026 N-PORT
MGC · VANGUARD WORLD FUND 0.16% 38,226 SH Aug. 19, 2026 Daily
ESGG · FlexShares Trust 0.15% 418 NS July 31, 2026 N-PORT
SIZE · iShares Trust 0.15% 1,572 SH Sept. 11, 2026 Daily
ILCG · iShares Trust 0.14% 11,294 SH Sept. 11, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.14% 1,138 SH Oct. 2, 2026 Daily
TOPC · iShares Trust 0.14% 117 SH Sept. 11, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.14% 42,110 SH Aug. 19, 2026 Daily
USCL · iShares Trust 0.14% 9,630 SH Sept. 11, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.14% 31,545 SH Oct. 2, 2026 Daily
IWL · iShares Trust 0.13% 7,218 SH Sept. 11, 2026 Daily
VOO · VANGUARD INDEX FUNDS 0.13% 4,976,925 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.13% 223,632 SH Aug. 19, 2026 Daily
XVV · iShares Trust 0.13% 2,199 SH Sept. 11, 2026 Daily
CATH · Global X Funds 0.12% 4,093 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.12% 15 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.12% 6,079,993 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.12% 30,718 SH Aug. 19, 2026 Daily
XCLR · Global X Funds 0.12% 11 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.12% 151 SH Oct. 2, 2026 Daily
WRND · New York Life Investments ETF Trust 0.12% 32 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.12% 9,924 NS July 31, 2026 N-PORT
ACIO · ETF Series Solutions 0.12% 7,183 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.12% 6,934 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.12% 24 NS July 31, 2026 N-PORT
ADME · ETF Series Solutions 0.12% 878 NS July 31, 2026 N-PORT
IVV · iShares Trust 0.12% 2,414,753 SH Sept. 11, 2026 Daily
PTLC · Pacer Funds Trust 0.12% 9,697 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.12% 26,368 NS July 31, 2026 N-PORT
XRMI · Global X Funds 0.12% 148 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.12% 3,732 SH Sept. 11, 2026 Daily
BKLC · BNY Mellon ETF Trust 0.11% 16,136 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.11% 3,234 NS July 31, 2026 N-PORT
XYLG · Global X Funds 0.11% 185 NS July 31, 2026 N-PORT
VTHR · VANGUARD SCOTTSDALE FUNDS 0.11% 15,685 SH Aug. 19, 2026 Daily
TOV · EA Series Trust 0.11% 737 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.11% 8,260 SH Sept. 11, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.11% 723 NS July 31, 2026 N-PORT
ESG · FlexShares Trust 0.11% 360 NS July 31, 2026 N-PORT
IWB · iShares Trust 0.11% 128,578 SH Sept. 11, 2026 Daily
QDPL · Pacer Funds Trust 0.10% 4,593 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.10% 249,353 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.10% 51,185 SH Sept. 11, 2026 Daily
VOXP · Advisors Series Trust 0.10% 15 NS July 31, 2026 N-PORT
DFLV · Dimensional ETF Trust 0.10% 16,684 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.09% 1,335 NS July 31, 2026 N-PORT
ILCV · iShares Trust 0.09% 2,928 SH Sept. 11, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.09% 115,000 Oct. 2, 2026 Daily
SPXL · Direxion Shares ETF Trust 0.09% 14,975 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.09% 45,936 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.09% 508 SH Sept. 11, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.08% 1,218 NS July 31, 2026 N-PORT
XT · iShares Trust 0.08% 7,791 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.08% 16,349 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.08% 1,273 SH Oct. 2, 2026 Daily
GSY · Invesco Actively Managed Exchange-T… 0.08% 3,000,000 Oct. 2, 2026 Daily
DFAU · Dimensional ETF Trust 0.08% 24,714 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.08% 4,266 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.07% 90,748 NS July 31, 2026 N-PORT
CRBN · iShares Trust 0.07% 2,061 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.07% 156,241 SH Aug. 19, 2026 Daily
ACWI · iShares Trust 0.07% 58,018 SH Sept. 11, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.07% 13,888 SH Oct. 2, 2026 Daily
PWS · Pacer Funds Trust 0.06% 40 NS July 31, 2026 N-PORT
RWL · Invesco Exchange-Traded Fund Trust … 0.06% 11,917 SH Oct. 2, 2026 Daily
DCOR · Dimensional ETF Trust 0.06% 4,735 NS July 31, 2026 N-PORT
PEVC · Pacer Funds Trust 0.05% 3 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.04% 584 NS July 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III -0.33% -21,220 NS July 31, 2026 N-PORT

SNPS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 32 analysts BUY
Median target $560.00 +14.3%
10 31.2% Strong Buy
16 50.0% Buy
5 15.6% Hold
1 3.1% Sell
0 0.0% Strong Sell

12-Month Price Target

26 analysts · 2026-09-20

Mean target $545.93 +11.4%

Now Current price $489.90
Low$414.77 Mean$545.93 High$633.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
SNPS $84.41B 56.4 15.1% 18.9% 7.1% 77.0%
PLTR $425.03B 282.1 56.2% 36.3% 26.2% 82.4%
CRM $197.22B 27.2 9.6% 18.0% 12.4% 77.7%
DDOG $47.94B 438.7 27.7% 3.1% 3.1% 80.0%
CDNS $84.96B 77.0 14.1% 20.9% 21.2% ·
ADBE $132.21B 19.2 10.5% 30.0% 61.8% 89.3%
APP $227.96B 69.1 70.0% 60.8% 201.9% ·
INTU $84.83B 19.2 13.9% 21.3% 24.0% ·
MSTR · -10.0 3.0% -806.3% -8.4% 68.7%
ADSK $53.90B 48.6 17.5% 15.6% 39.0% 91.0%
WDAY $45.51B 67.8 13.1% 7.3% 8.2% ·

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 26, 2026