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.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Synopsys , which makes software used to design semiconductors, on Wednesday introduced a technology it said will pave the way toward computers taking over many of the tasks in creating new computer chips.
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.
Despite the near-term challenges, SNPS' strong positioning in AI-driven semiconductor design makes the stock worth holding.
Ansys and Synopsys continue to await final clearances for their merger, with China's approval likely being the most challenging sticking point. Ansys continues to deliver strong standalone performance with 11% revenue growth and 15% annual contract value growth in Q4, with robust (and growing) long-term opportunities in the CAE/simulation market. The Synopsys deal offers strategic benefits, including enhanced semiconductor design capabilities and potential revenue synergies, though cost synergies may be modestly overstated.
Electronic Design Automation software is critical to semiconductor development, and the sector is highly concentrated and dominated by two companies. Synopsys and Cadence, beyond EDA software, provide Intellectual Property and collect licensing and royalty fees. Both companies have extraordinarily wide moats supported by high switching costs, proprietary intellectual property, and a strong network effect. I expect both to have decade-long growth runways.
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.
Britain's competition regulator said on Wednesday it would not refer chip design software maker Synopsys' SNPS.O $35 billion acquisition of Ansys ANSS.O to an in-depth phase-2 probe after accepting remedies from the firms.
Chip design software firm Synopsys is benefiting from a surge of design activity around semiconductors for AI applications. But SNPS stock so far has not benefited.
Synopsys suffers from valuation pressures and macroeconomic uncertainties. However, its strong fundamentals make the stock worth retaining.
Sassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk quarterly results, China tariffs impact, AI demand, and more.