Synopsys (SNPS) concluded the recent trading session at $495.82, signifying a -0.87% move from its prior day's close.
Synopsys (SNPS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
EU antitrust regulators are set to approve U.S. chip design software company Synopsys' $35 billion acquisition of the chip design software company Ansys based on the former's pledge to sell two assets, people with direct knowledge of the matter said on Monday.
UK's competition watchdog said on Friday it could approve chip design software maker Synopsys' $35 billion acquisition of Ansys if the regulator's concerns are resolved.
Despite near-term challenges in key markets, SNPS' AI-driven innovations and partnerships secure its long-term growth potential.
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.
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Major U.S. equities indexes hovered near record levels in Thursday trading before closing lower ahead of Friday morning's employment report.