EDA Market Leade | Synopsys dominates the electronic design automation industry with an $8.1 billion backlog, showcasing strong demand for its cutting-edge software and services |
AI Chip Design Boom | Explore how Synopsys is capitalizing on the surge in AI-related chip design, positioning itself at the forefront of this rapidly expanding market segment |
Ansys Acquisition | Delve into the strategic implications of Synopsys' pending Ansys acquisition, potentially creating synergies and expanding its product portfolio |
China Challenges | Analysts project a price target range of $502 to $685 amidst concerns over potential EDA restrictions in China, which accounts for 10-11% of Synopsys' revenue |
Metrics to compare | SNPS | Sector Sector - Average of metrics from a broad group of related sector companies | Relationship RelationshipSNPSPeersSector | |
---|---|---|---|---|
P/E Ratio | 71.3x | −20.3x | 12.1x | |
PEG Ratio | 2.25 | −0.71 | 0.01 | |
Price/Book | 3.0x | 4.7x | 2.4x | |
Price / LTM Sales | 12.9x | 5.8x | 2.4x | |
Upside (Analyst Target) | 22.8% | 21.2% | 15.7% | |
Fair Value Upside | Unlock | 4.8% | 3.5% | Unlock |