The video analyzes Synopsys (SNPS) stock after a 30% crash following disappointing quarterly financial results. The presenter aims to update his previous view on the stock, where he advised against buying it. He will revisit the company, providing a fair value calculation and a longer-term view based on revenue growth and profit margins. Net income declined by 41% to $243 million. Revenue increased by 13% to $1.7 billion, influenced by the Ansys acquisition completed recently. Looking at the longer term, revenue has almost tripled since 2015 from $2.2B to $6.4B. The operating profit margins has been in decline recently, most recently falling to 17.2% after peaking at 25.1% in 2022. Return on invested capital fell to 3.9% ending a trend of making improvements. The video infers a target price of $550 and a failure at $350. The current stock price is $450.