Synopsys (SNPS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Synopsys is the EDA industry leader, expanding into AI and multichip systems, with a strategic $35B Ansys acquisition to create a broader design platform. The Ansys deal offers synergy potential but brings significant debt and execution risk; management targets rapid deleveraging to maintain investment grade. Recent financials are robust, with double-digit revenue growth and strong margins, but valuation is high and upside is limited at current prices.
Shares of Synopsys Inc. took a sharp U-turn into the red on Thursday after the provider of semiconductor-design software withdrew its financial guidance given the uncertainties created by new restrictions on exports to China.
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Software - Infrastructure Industry | Technology Sector | Mr. Sassine Ghazi CEO | XSTU Exchange | US8716071076 ISIN |
US Country | 20,000 Employees | - Last Dividend | 24 Sep 2003 Last Split | 26 Feb 1992 IPO Date |
Synopsys, Inc., founded in 1986 and headquartered in Sunnyvale, California, has established itself as a pivotal player in the realm of electronic design automation (EDA) software products. These products are instrumental in the design and testing of integrated circuits, securing the company a vital role in the technological fabric of several industries. Synopsys operates across three primary segments: Design Automation, Design IP, and Software Integrity. Each segment showcases the company's dedication to innovation and its ability to adapt to the ever-evolving needs of the electronics, financial services, automotive, medicine, energy, and industrial sectors.