In the most recent trading session, Synopsys (SNPS) closed at $448, indicating a +2.07% shift from the previous trading day.
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 (SNPS) stock should be on your watchlist. Here is why.
In the closing of the recent trading day, Synopsys (SNPS) stood at $484.41, denoting a -1.01% move from the preceding trading day.
Synopsys (SNPS) reported earnings 30 days ago. What's next for the stock?
SNPS' record $10.1 billion backlog, fueled by AI-driven tools and the Ansys boost, signals strength amid rising EDA competition.
SNPS expands its TSMC partnership, advancing AI, SoC, and multi-die design with certified flows, IP, and 3DIC innovations.
Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store.
After the market closed on September 9th, Synposys (Nasdaq: SNPS) reported fiscal Q3 earnings that shocked Wall Street.
Synopsys ( SNPS ) is one among two leading companies in the field of Electronic Design Automation (EDA). Its partner in the "duopoly" is Cadence Design Systems ( CDNS ).
While stocks like Oracle NYSE: ORCL had an incredible day on Sept. 10, one name stuck out like a sore thumb.
Synopsys plunged over 30% post-earnings due to Design IP weakness, but current levels may present a buying opportunity for investors. SNPS remains a top EDA software and semiconductor IP player, benefiting from the AI boom and recent Ansys acquisition. The Design Automation segment showed strength, but Design IP revenue and margins contracted, raising concerns as peer Cadence outperformed in IP growth.