Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Synopsys (SNPS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2025.
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.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Synopsys (SNPS) closed at $517.66 in the latest trading session, marking a +0.38% move from the prior day.
Synopsys (SNPS) reachead $480.54 at the closing of the latest trading day, reflecting a +1.48% change compared to its last close.
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.
Cadence Design Systems has a strong product portfolio, robust R&D investment, and market share gains despite Synopsys' lead. Cadence's market share rose to 35.1% in 2024, narrowing the gap with Synopsys, driven by functional verification platforms like Palladium Z3 and Protium X3. Synopsys' aggressive acquisition strategy and larger R&D spending support its market leadership, but Cadence's partnerships and geographic growth in the US and Asia remain strong.
The latest trading day saw Synopsys (SNPS) settling at $447.07, representing a +1.86% change from its previous close.
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) concluded the recent trading session at $421.88, signifying a +0.16% move from its prior day's close.
Synopsys (SNPS) reachead $380.90 at the closing of the latest trading day, reflecting a -1.86% change compared to its last close.
Synopsys' AI innovations and strong partner base make the stock worth holding amid the macroeconomic and regulatory challenges.