Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store.
Chip design software company Synopsys has offered to sell an Ansys unit on top of one of its own in a bid to win EU approval for its $35 billion acquisition of the chip design software company, three people with direct knowledge of the matter said.
Indisputably, one of the most important companies in the world of semiconductors is Synopsys NASDAQ: SNPS. The company has established an ironclad position as one of the key providers of semiconductor design software.
Chip design software company Synopsys has offered remedies to address EU antitrust concerns about its $35 billion cash-and-stock acquisition of engineering software maker Ansys , according to a European Commission filing on Tuesday.
Synopsys' recent stock price drop is justified due to lower-than-expected FY25 guidance, impacting the 5-year outlook and reducing upside potential. Synopsys remains a dominant player in the EDA and IP markets, but a high multiple and shareholder dilution pose risks to future returns. I have downgraded Synopsys to Hold due to weaker guidance, economic uncertainties, and the potential for better entry points.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Major U.S. equities indexes hovered near record levels in Thursday trading before closing lower ahead of Friday morning's employment report.
Synopsys, Inc.'s stock remains overvalued despite 11% revenue growth and weak guidance, reiterating a “Sell” rating with a fair value of $394 per share. The acquisition of Ansys for $35 billion is strategically favorable, promising synergies and integration benefits in the semiconductor design and simulation markets. Weak end-market demands and a pessimistic outlook for China's semiconductor industry are expected to hinder Synopsys's growth in FY25.
Synopsys (SNPS) shares tumbled after the chip design software maker posted a disappointing forecast for its coming fiscal year late Wednesday.
Synopsys stock plunged after the chip design company guided low on revenue, though some analysts remain upbeat. The post Synopsys Stock Dives On Outlook.
Shelagh Glaser, CFO of Synopsys (SNPS), discusses the direction she aims to take the company after investors traded the stock down. She explains part of the reason Synopsys cut guidance was due to the setup of the calendar year, reiterating that revenue growth shows promise in its outlook.
SNPS' Q4 results reflect an impressive rise in top and bottom lines, driven by strong growth across multiple business segments.