Tearsheet

Synopsys (SNPS)


Market Price (11/2/2025): $453.0 | Market Cap: $72.6 Bil
Sector: Information Technology | Industry: Application Software

Synopsys (SNPS)


Market Price (11/2/2025): $453.0
Market Cap: $72.6 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
Weak multi-year price returns
2Y Excs Rtn is -67%, 3Y Excs Rtn is -24%
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 50x
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
1 Weak multi-year price returns
2Y Excs Rtn is -67%, 3Y Excs Rtn is -24%
2 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 50x

Market Valuation & Key Metrics

SNPS Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SNPS Return86%42%-13%61%-6%-9%233%
Peers Return39%23%-13%50%-4%44%207%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
SNPS Win Rate67%67%42%75%50%56% 
Peers Win Rate35%33%23%37%35%44% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
SNPS Max Drawdown-22%-16%-29%-1%-10%-22% 
Peers Max Drawdown-15%-8%-27%-2%-16%-15% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: AMD, ADSK, RMBS, BIYA, BLIV. See SNPS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/31/2025 (YTD)

How Low Can It Go

Unique KeyEventSNPSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-30.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven44.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven91 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-34.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven52.1%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven58 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-22.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven29.7%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven58 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-49.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven96.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven811 days1480 days

Compare to AMD, ADSK, RMBS, BIYA, BLIV


In The Past

Synopsys's stock fell -30.6% during the 2022 Inflation Shock from a high on 12/27/2021. A -30.6% loss requires a 44.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Synopsys (SNPS)

Better Bets than Synopsys (SNPS)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to SNPS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
11.4%11.4%0.0%
SNPS_2282025_Monopoly_xInd_xCD_Getting_Cheaper02282025SNPSSynopsysMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
32.0%-0.8%-16.7%
SNPS_10312022_Monopoly_xInd_xCD_Getting_Cheaper10312022SNPSSynopsysMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
27.0%60.5%-5.5%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
11.4%11.4%0.0%
SNPS_2282025_Monopoly_xInd_xCD_Getting_Cheaper02282025SNPSSynopsysMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
32.0%-0.8%-16.7%
SNPS_10312022_Monopoly_xInd_xCD_Getting_Cheaper10312022SNPSSynopsysMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
27.0%60.5%-5.5%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Synopsys

Financials

SNPSAMDADSKRMBSBIYABLIVMedian
NameSynopsys Advanced.Autodesk Rambus Baiya In.BeLive  
Mkt Price453.82256.12301.34102.840.303.60179.48
Mkt Cap72.7415.764.211.1--68.4
Rev LTM6,43529,6006,605678--6,520
Op Inc LTM1,1042,4531,515247--1,310
FCF LTM1,3024,0431,847292--1,575
FCF 3Y Avg1,3002,4221,704220--1,502
CFO LTM1,4424,8771,925319--1,683
CFO 3Y Avg1,4613,0631,775246--1,618

Growth & Margins

SNPSAMDADSKRMBSBIYABLIVMedian
NameSynopsys Advanced.Autodesk Rambus Baiya In.BeLive  
Rev Chg LTM8.0%27.2%13.8%31.0%--20.5%
Rev Chg 3Y Avg9.7%11.7%11.7%17.3%--11.7%
Rev Chg Q14.0%31.7%17.1%22.7%--19.9%
QoQ Delta Rev Chg LTM3.4%6.7%4.1%5.1%--4.6%
Op Mgn LTM17.2%8.3%22.9%36.5%--20.0%
Op Mgn 3Y Avg21.6%3.4%21.5%27.8%--21.6%
QoQ Delta Op Mgn LTM-3.7%-2.0%0.8%0.2%---0.9%
CFO/Rev LTM22.4%16.5%29.1%47.0%--25.8%
CFO/Rev 3Y Avg26.3%11.9%30.7%44.2%--28.5%
FCF/Rev LTM20.2%13.7%28.0%43.1%--24.1%
FCF/Rev 3Y Avg23.4%9.3%29.5%39.3%--26.5%

Valuation

SNPSAMDADSKRMBSBIYABLIVMedian
NameSynopsys Advanced.Autodesk Rambus Baiya In.BeLive  
Mkt Cap72.7415.764.211.1--68.4
P/S11.314.09.716.3--12.7
P/EBIT49.6167.845.441.2--47.5
P/E36.4146.761.548.4--55.0
P/CFO50.485.233.334.7--42.5
Total Yield2.7%0.7%1.6%2.1%--1.8%
Dividend Yield0.0%0.0%0.0%0.0%--0.0%
FCF Yield 3Y Avg1.7%1.1%3.3%3.3%--2.5%
D/E0.20.00.00.0--0.0
Net D/E0.2-0.00.0-0.1--0.0

Returns

SNPSAMDADSKRMBSBIYABLIVMedian
NameSynopsys Advanced.Autodesk Rambus Baiya In.BeLive  
1M Rtn-3.7%50.9%-6.1%-0.8%-49.0%-5.3%-4.5%
3M Rtn-26.6%49.2%1.5%42.0%-56.5%53.2%21.7%
6M Rtn-3.9%159.2%7.6%100.5%-92.3%-22.1%1.9%
12M Rtn-12.5%80.5%5.2%114.5%--42.8%
3Y Rtn61.4%336.8%51.1%207.8%--134.6%
1M Excs Rtn-5.5%49.0%-8.0%-2.7%-50.8%-7.1%-6.3%
3M Excs Rtn-36.7%36.8%-8.4%27.7%-66.2%34.2%9.6%
6M Excs Rtn-24.2%138.9%-12.7%80.2%-112.6%-42.4%-18.4%
12M Excs Rtn-31.5%36.8%-13.2%84.4%--11.8%
3Y Excs Rtn-23.5%250.2%-38.1%175.4%--76.0%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity4,241,124
Short Interest: % Change Since 9302025-12.5%
Average Daily Volume2,265,493
Days-to-Cover Short Interest1.87
Basic Shares Quantity160,174,000
Short % of Basic Shares2.6%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/9/2025-35.8%-29.5%-19.0%
5/28/2025-1.6%2.3%8.7%
2/26/2025-3.3%-4.8%-5.2%
12/4/2024-12.4%-12.9%-14.8%
8/21/2024-2.9%-9.7%-10.3%
5/22/20242.3%-1.5%3.9%
2/21/20246.9%4.9%10.8%
11/29/2023-1.7%-4.5%-6.8%
...
SUMMARY STATS   
# Positive111213
# Negative131211
Median Positive5.4%5.0%10.1%
Median Negative-3.3%-5.3%-10.3%
Max Positive10.3%11.8%17.0%
Max Negative-35.8%-29.5%-30.3%

SEC Filings

Expand for More

Report DateFiling DateFiling
7312025909202510-Q 7/31/2025
4302025528202510-Q 4/30/2025
1312025226202510-Q 1/31/2025
103120241219202410-K 10/31/2024
7312024823202410-Q 7/31/2024
4302024524202410-Q 4/30/2024
1312024223202410-Q 1/31/2024
103120231212202310-K 10/31/2023
7312023818202310-Q 7/31/2023
4302023519202310-Q 4/30/2023
1312023217202310-Q 1/31/2023
103120221212202210-K 10/31/2022
7312022819202210-Q 7/31/2022
4302022520202210-Q 4/30/2022
1312022218202210-Q 1/31/2022
103120211213202110-K 10/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0PAINTER ROBERT G 9152025Buy425.44350148,904974,682Form
1MAHONEY RICHARD S.Chief Revenue Officer6202025Sell471.194,8692,294,220699,716Form