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.
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.
Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store.
Despite SNPS stock's price drop, the company's AI-driven growth potential and strategic acquisitions make a compelling case for holding it for now.
In the video clip below from a recent episode of The AI Investor Podcast from 24/7 Wall St.
Zacks.com users have recently been watching Synopsys (SNPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CNBC's Jim Cramer explains why he is keeping an eye on shares of Synopsys Inc.
One of the most outstanding companies would probably result from a combination of Ansys and Synopsys. But there is always the question of whether one also gets these companies at a good price, so that one has a large upside potential. And this is where the shortcoming that I believe exists comes into play.
Synopsys NASDAQ: SNPS is a firm in the semiconductor industry that provides key software to chip designers. So far this year, the company has underperformed its industry with a total return of 10%.
Synopsys (SNPS) third-quarter fiscal 2024 results reflect the benefits of growth across multiple business segments and better cost management.
Synopsys (NASDAQ: SNPS ) just reported results for the third quarter of 2024. Synopsys reported earnings per share of $3.43.
Synopsys, Inc. (NASDAQ:SNPS ) Q3 2024 Earnings Call Transcript August 21, 2024 5:00 PM ET Company Participants Trey Campbell - SVP, IR Sassine Ghazi - President and CEO Shelagh Glaser - CFO Conference Call Participants Harlan Sur - JPMorgan Vivek Arya - Bank of America Joe Vruwink - Baird Jason Celino - KeyBanc Lee Simpson - Morgan Stanley Ruben Roy - Stifel Charles Shi - Needham & Company Joshua Tilton - Wolfe Research Jay Vleeschhouwer - Griffin Securities Operator Ladies and gentlemen, welcome to the Synopsys Earnings Conference Call for the Third Quarter Fiscal Year 2024. At this time, all participants are in a listen-only mode.