SNPS Stock Price Prediction 2024, 2025, 2030, and 2040 ? Is SNPS Stock a good investment for long-term? Is SNPS Stock a good buy right now?
If you are looking for theSNPS Stock Price Predictionor finding the potential of the SNPS stock, this price forecast can be helpful for you. Our SNPS Stock Price Forecast is based on a deep technical analysis and the past performance of SNPS Stock. Here we will try to analyze the potential of SNPS Stock in the long term.
But beforeSNPS Stock's future price forecast, let us have a look at the Synopsys Company's business model and financial datiles.
About of Synopsys Inc.
Synopsys Inc. works in the field of provision of electronic design automation software that engineers use to design and test integrated circuits. It also provides semiconductor intellectual property products. It operates through the following segments: Semiconductor and System Design, and Software Integrity.
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.
Synopsys Inc. Total Revenue and Net Profit Growth?
There has been a good jump in the revenue of SNPS Company in the last ten years. Ten years ago, the total revenue of the companies was $1.7 billion, which has increased to $5.2 billion this year.
And the best thing is that the gross profit margin of the company is 80%. But the company's operating expenses (R&D and SG&A expenses) are very high, so even after having a good gross profit margin, the company is not able to make that much good net profit.
By the way, this year's net profit for the company is around $1 billion. The company manufactures electronic design automation software for the semiconductor and electronics industries.
And we all know that device and chip makers for semiconductors can do very well in the future. Due to this, a good jump can also be seen in the stock price of the company. In this article, we will try to predict what SNPS stock price predictions can be for the future. But before that, let us have a look at the past performance of SPNS stock.
SNPS Stock Price Past Performance?
SNPS stock is amultibagger stock. SNPS Stock was launched in the stock market on April 3, 1992. The stock price at the time of listing was $7.50. The stock has given nearly 600% returns to its investors since its listing.
If we look at the performance of the stock in the last five years, then in the last five years there has been a tremendous growth of 340% in the stock. SNPSStock has made its investors rich by consistently giving tremendous returns.
SNPS Stock Price Prediction 2025
SNPS stock is a strong stock, both fundamentally and financially. Good growth has been seen in the sales of the company year after year. Because of which Stoke is performing well even in adverse conditions. If we talk aboutSNPSstock price prediction for 2025, then according to the Walletinvestor website, SNPSstock price can reach $545 to $560 by the end of the year 2025.
SNPS Stock Price Prediction 2030
In the future, a lot of good growth can be seen in the companies making semiconductor products. If we talk aboutSNPSStock Price Prediction 2030, then there has been a good boom in the stock for a long time, and therefore the P/E Ratio of SNPSStock is trading around 70, which shows that this stock is costlier than its valuation. Trading on price.
But if the stock maintains its past performance, SNPSStock can give good returns to its investors until the year 2030. According to Stock Market Expert and our analysis, in the year 2030, the average price of SNPSstock can reach $1150 and the maximum price $1300.
SNPS Stock Price Prediction 2040
Is SNPSStock a good investment for long-term?
Due to the increasing demand for the company's products, good growth in the company's sales is being predicted in the future. Due to the increasing revenue and good net profit of the company, its EPS has also seen steady growth.
If we talk aboutSNPSStock Price Prediction 2040, due to the increasing revenue and good net profit of the company, by the year 2040, the price of SNPS stock can cross $3000.
Frequently asked questions
Is SNPSStock a good buy right now?
In the last five years, SNPS's stock price has gained more than 300%. Due to which the P/E ratio of the stock has reached 66.80. Which shows that the stock is trading at an expensive price, but the future growth potential of the company's business cannot be ignored. So according to stock market experts and our analysis, it would be a good time to buy stock at a 10-15% decline from its upper levels.
