Synopsys Future Growth

Future criteria checks 3/6

Synopsys is forecast to grow earnings and revenue by 14% and 10.8% per annum respectively. EPS is expected to grow by 14.3% per annum. Return on equity is forecast to be 30.8% in 3 years.

Key information

14.0%

Earnings growth rate

14.3%

EPS growth rate

Software earnings growth	16.5%
Revenue growth rate	10.8%
Future return on equity	30.8%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Synopsys Q1 Earnings Preview: Why The ANSYS Acquisition May Destroy Shareholder Value

Feb 21

With Synopsys, Inc. (NASDAQ:SNPS) It Looks Like You'll Get What You Pay For

Jan 23

What Is Synopsys, Inc.'s (NASDAQ:SNPS) Share Price Doing?

Jan 09

Here's Why Synopsys (NASDAQ:SNPS) Has Caught The Eye Of Investors

Dec 28

Charting the Course: Unlocking Potential in Tech

Dec 15

Charting the Course: Unlocking Potential in Tech

Dec 15

Calculating The Intrinsic Value Of Synopsys, Inc. (NASDAQ:SNPS)

Dec 13

There's Been No Shortage Of Growth Recently For Synopsys' (NASDAQ:SNPS) Returns On Capital

Oct 25

We Think Synopsys (NASDAQ:SNPS) Can Manage Its Debt With Ease

Oct 12

Is It Time To Consider Buying Synopsys, Inc. (NASDAQ:SNPS)?

Sep 29

A Look At The Intrinsic Value Of Synopsys, Inc. (NASDAQ:SNPS)

Aug 16

Is Synopsys (NASDAQ:SNPS) Using Too Much Debt?

Jul 03

Is It Time To Consider Buying Synopsys, Inc. (NASDAQ:SNPS)?

Jun 19

Returns Are Gaining Momentum At Synopsys (NASDAQ:SNPS)

May 18

Synopsys, Inc. (NASDAQ:SNPS) Shares Could Be 24% Above Their Intrinsic Value Estimate

Apr 19

We Take A Look At Why Synopsys, Inc.'s (NASDAQ:SNPS) CEO Has Earned Their Pay Packet

Apr 06

Why Synopsys, Inc. (NASDAQ:SNPS) Could Be Worth Watching

Mar 13

Synopsys (NASDAQ:SNPS) Is Experiencing Growth In Returns On Capital

Feb 13

Synopsys (NASDAQ:SNPS) Seems To Use Debt Rather Sparingly

Jan 22

Calculating The Fair Value Of Synopsys, Inc. (NASDAQ:SNPS)

Jan 10

Here's Why Synopsys (NASDAQ:SNPS) Has Caught The Eye Of Investors

Dec 19

Earnings and Revenue Growth Forecasts

NasdaqGS:SNPS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	8,519	2,088	2,157	2,438	7
10/31/2025	7,333	1,692	1,818	2,162	16
10/31/2024	6,494	1,489	1,262	1,410	17
1/31/2024	6,131	1,407	1,313	1,501	N/A
10/31/2023	5,843	1,230	1,511	1,703	N/A
7/31/2023	5,528	1,034	1,598	1,771	N/A
4/30/2023	5,288	921	1,488	1,651	N/A
1/31/2023	5,173	942	1,557	1,698	N/A
10/31/2022	5,082	985	1,600	1,739	N/A
7/31/2022	4,950	1,033	1,584	1,716	N/A
4/30/2022	4,759	1,009	1,579	1,698	N/A
1/31/2022	4,504	909	1,365	1,474	N/A
10/31/2021	4,204	758	1,397	1,493	N/A
7/31/2021	4,077	754	1,220	1,324	N/A
4/30/2021	3,984	808	1,181	1,302	N/A
1/31/2021	3,821	723	1,024	1,155	N/A
10/31/2020	3,685	664	833	991	N/A
7/31/2020	3,511	628	809	1,010	N/A
4/30/2020	3,400	475	767	981	N/A
1/31/2020	3,375	483	726	954	N/A
10/31/2019	3,361	532	598	801	N/A
7/31/2019	3,305	626	557	710	N/A
4/30/2019	3,231	605	507	629	N/A
1/31/2019	3,172	590	237	339	N/A
10/31/2018	3,121	433	322	424	N/A
7/31/2018	3,023	58	385	478	N/A
4/30/2018	2,938	95	378	469	N/A
1/31/2018	2,842	46	445	529	N/A
10/31/2017	2,725	137	N/A	632	N/A
7/31/2017	2,662	329	N/A	597	N/A
4/30/2017	2,582	277	N/A	569	N/A
1/31/2017	2,507	293	N/A	669	N/A
10/31/2016	2,423	267	N/A	587	N/A
7/31/2016	2,376	244	N/A	591	N/A
4/30/2016	2,317	235	N/A	615	N/A
1/31/2016	2,269	221	N/A	547	N/A
10/31/2015	2,242	226	N/A	495	N/A
7/31/2015	2,194	239	N/A	516	N/A
4/30/2015	2,160	249	N/A	581	N/A
1/31/2015	2,121	257	N/A	538	N/A
10/31/2014	2,057	259	N/A	551	N/A
7/31/2014	2,023	254	N/A	569	N/A
4/30/2014	1,984	240	N/A	492	N/A
1/31/2014	1,966	246	N/A	514	N/A
10/31/2013	1,962	248	N/A	497	N/A
7/31/2013	1,912	220	N/A	408	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNPS's forecast earnings growth (14% per year) is above the savings rate (2.4%).

Earnings vs Market: SNPS's earnings (14% per year) are forecast to grow slower than the US market (14.2% per year).

High Growth Earnings: SNPS's earnings are forecast to grow, but not significantly.

Revenue vs Market: SNPS's revenue (10.8% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: SNPS's revenue (10.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SNPS's Return on Equity is forecast to be high in 3 years time (30.8%)

Synopsys Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Synopsys, Inc. Provides Earnings Guidance for the Second Quarter Ending May 4, 2024 and Fiscal Year Ending November 2, 2024

Synopsys, Inc. Provides Earnings Guidance for the Three Months and Fiscal Year Ending October 31, 2023

Synopsys, Inc. Revises Revenue Guidance for Full Year of 2023

Synopsys, Inc. Provides Consolidated Financial Guidance for the Second Quarter Ending April 30, 2023 and Full Fiscal Year Ending October 31, 2023

Recent updates

Synopsys, Inc. Adds AI-Powered Application Security Assistant to Polaris Software Integrity Platform

Synopsys, Inc. to Report Q2, 2024 Results on May 22, 2024

Is Now The Time To Put Synopsys (NASDAQ:SNPS) On Your Watchlist?

Synopsys, Inc. Launches New Offering for Comprehensive Software Supply Chain Security

General Counsel & Corporate Secretary recently sold US$3.1m worth of stock

General Counsel & Corporate Secretary notifies of intention to sell stock

Synopsys: Potential Further Upside For Compounding Machine

Synopsys (NASDAQ:SNPS) Has A Rock Solid Balance Sheet

Synopsys: A Quality Compounder With A Stretched Valuation

Synopsys, Inc. (NasdaqGS:SNPS) acquired Intrinsic-ID Inc.

Synopsys (NASDAQ:SNPS) Might Have The Makings Of A Multi-Bagger

Lead Independent Director recently sold US$5.7m worth of stock

CEO, President & Director notifies of intention to sell stock

First quarter 2024 earnings: EPS exceeds analyst expectations

Synopsys, Inc. Provides Earnings Guidance for the Second Quarter Ending May 4, 2024 and Fiscal Year Ending November 2, 2024

Synopsys Q1 Earnings Preview: Why The ANSYS Acquisition May Destroy Shareholder Value

Synopsys, Inc., Annual General Meeting, Apr 10, 2024

Synopsys, Inc. to Report Q1, 2024 Results on Feb 21, 2024

With Synopsys, Inc. (NASDAQ:SNPS) It Looks Like You'll Get What You Pay For

Synopsys, Inc. (NasdaqGS:SNPS) entered into a definitive agreement to acquire ANSYS, Inc. (NasdaqGS:ANSS) for $32.4 billion.

Synopsys, Inc. (NasdaqGS:SNPS) entered into a definitive agreement to acquire ANSYS, Inc. (NasdaqGS:ANSS) for $32.4 billion.

Synopsys, Inc. (NasdaqGS:SNPS) entered into a definitive agreement to acquire ANSYS, Inc. (NasdaqGS:ANSS) for $32.4 billion.

What Is Synopsys, Inc.'s (NASDAQ:SNPS) Share Price Doing?

Insider recently sold US$2.3m worth of stock

Synopsys Reportedly in Advanced Talks to Acquire Ansys

Independent Director notifies of intention to sell stock

Here's Why Synopsys (NASDAQ:SNPS) Has Caught The Eye Of Investors

Charting the Course: Unlocking Potential in Tech

Charting the Course: Unlocking Potential in Tech

Co-Founder exercised options and sold US$2.9m worth of stock

Calculating The Intrinsic Value Of Synopsys, Inc. (NASDAQ:SNPS)

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Synopsys, Inc. Announces Synopsys.ai Copilot, Breakthrough GenAI Capability to Accelerate Chip Design

Synopsys Expands Its ARC Processor IP Portfolio with New RISC-V Family

Synopsys, Inc. to Report Q4, 2023 Results on Nov 29, 2023

There's Been No Shortage Of Growth Recently For Synopsys' (NASDAQ:SNPS) Returns On Capital

Senior VP of Finance exercised options and sold US$4.9m worth of stock

We Think Synopsys (NASDAQ:SNPS) Can Manage Its Debt With Ease

Synopsys, Inc. Appoints Ann Minooka as Chief Marketing Officer

Is It Time To Consider Buying Synopsys, Inc. (NASDAQ:SNPS)?

Synopsys Unveils Industry's Broadest Portfolio of Automotive-Grade IP on Tsmc's N5a Process Technology

Synopsys, Inc. Demonstrates Industry's First Interoperability of PCI Express 6.0 IP with Intel's Pcie 6.0 Test Chip

General Counsel & Corporate Secretary notifies of intention to sell stock

Synopsys Extends Synopsys.ai EDA Suite with Industry's First Full-Stack Big Data Analytics Solution

General Counsel & Corporate Secretary notifies of intention to sell stock

Synopsys, Inc. (NasdaqGS:SNPS) acquired PikeTec GmbH.

Insufficient new directors

Third quarter 2023 earnings: EPS exceeds analyst expectations

Synopsys, Inc. Provides Earnings Guidance for the Three Months and Fiscal Year Ending October 31, 2023

A Look At The Intrinsic Value Of Synopsys, Inc. (NASDAQ:SNPS)

Synopsys, Inc. Launches Software Risk Manager to Simplify Enterprise-Scale Application Security Testing

Synopsys, Inc. Accelerates Advanced Chip Design with First-Pass Silicon Success of IP Portfolio on TSMC 3nm Process

Synopsys, Inc. to Report Q3, 2023 Results on Aug 16, 2023

Synopsys, Inc. Delivers Certified Eda Flows and High-Quality Ip for Intel 16 Process

Is Synopsys (NASDAQ:SNPS) Using Too Much Debt?

Synopsys and Samsung Foundry Deepen Collaboration to Accelerate Multi-Die System Design for Advanced Samsung Processes

Insider recently sold US$1.2m worth of stock

Is It Time To Consider Buying Synopsys, Inc. (NASDAQ:SNPS)?

Co-Founder exercised options and sold US$14m worth of stock

Co-Founder notifies of intention to sell stock

Investor sentiment improves as stock rises 18%

Senior VP of Finance notifies of intention to sell stock

General Counsel & Corporate Secretary notifies of intention to sell stock

Synopsys, Inc. Revises Revenue Guidance for Full Year of 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Returns Are Gaining Momentum At Synopsys (NASDAQ:SNPS)

Synopsys, Inc. to Report Q2, 2023 Results on May 17, 2023

Synopsys, Inc. (NASDAQ:SNPS) Shares Could Be 24% Above Their Intrinsic Value Estimate

Senior VP of Finance exercised options and sold US$1.3m worth of stock

We Take A Look At Why Synopsys, Inc.'s (NASDAQ:SNPS) CEO Has Earned Their Pay Packet

Why Synopsys, Inc. (NASDAQ:SNPS) Could Be Worth Watching