Latest news with #SNPS
Yahoo
02-08-2025
- Business
- Yahoo
Synopsys (SNPS) Falls More Steeply Than Broader Market: What Investors Need to Know
Synopsys (SNPS) closed the most recent trading day at $633.47, moving -1.84% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. At the same time, the Dow lost 0.74%, and the tech-heavy Nasdaq lost 0.03%. The maker of software used to test and develop chips's shares have seen an increase of 23.37% over the last month, surpassing the Computer and Technology sector's gain of 4.58% and the S&P 500's gain of 2.68%. Analysts and investors alike will be keeping a close eye on the performance of Synopsys in its upcoming earnings disclosure. The company's earnings report is set to go public on September 9, 2025. It is anticipated that the company will report an EPS of $3.84, marking a 11.95% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.77 billion, showing a 15.9% escalation compared to the year-ago quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $15.09 per share and revenue of $6.77 billion. These totals would mark changes of +14.32% and +8.03%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Synopsys. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.03% lower. Synopsys is currently sporting a Zacks Rank of #3 (Hold). With respect to valuation, Synopsys is currently being traded at a Forward P/E ratio of 42.77. This valuation marks a premium compared to its industry average Forward P/E of 25.14. It is also worth noting that SNPS currently has a PEG ratio of 3.06. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Computer - Software industry had an average PEG ratio of 2.33. The Computer - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 46, this industry ranks in the top 19% of all industries, numbering over 250. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Synopsys, Inc. (SNPS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
24-07-2025
- Business
- Yahoo
What You Need To Know Ahead of Synopsys' Earnings Release
Valued at more than $95.4 billion by market cap, Sunnyvale, California-based Synopsys, Inc. (SNPS) operates as a vendor of electronic design automation (EDA) software to the semiconductor and electronics industries. The tech giant is expected to announce its third-quarter results on Wednesday, Aug. 20. Ahead of the event, analysts expect SNPS to report an adjusted EPS of $2.76, marking an 8.7% increase from $2.54 reported in the year-ago quarter. Moreover, the company has a solid earnings surprise history and has surpassed the Street's bottom-line estimates in each of the past four quarters. More News from Barchart Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full fiscal 2025, Synopsys' earnings are expected to come in at $10.81, up 5.5% from $10.25 reported in fiscal 2024. In fiscal 2026, its earnings are expected to surge 13.7% year-over-year to $12.29 per share. SNPS stock has observed a 4.4% uptick over the past 52 weeks, notably underperforming the S&P 500 Index's ($SPX) 14.5% surge and the Technology Select Sector SPDR Fund's (XLK) 15.6% returns during the same time frame. Despite reporting solid financials, Synopsys' stock price dropped 1.6% in the trading session following the release of its Q2 results on May 28. The company's overall revenues for the quarter surged 10.3% year-over-year to $1.6 billion, exceeding the guidance midpoint. Further, its non-GAAP net income for the quarter soared 22.7% year-over-year to $572.7 million, exceeding expectations. Moreover, the company raised its full-year earnings outlook. Following the initial decline, SNPS stock prices rose nearly 2% in the subsequent trading session. The consensus view on SNPS remains extremely optimistic, with a 'Strong Buy' rating overall. Of the 19 analysts covering the stock, opinions include 16 'Strong Buys,' one 'Moderate Buy,' and two 'Holds.' As of writing, the stock is trading slightly below its mean price target of $620.53. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Business Insider
15-07-2025
- Business
- Business Insider
Synopsys Stock (SNPS) Surges 4% as China Clears $35B Ansys Acquisition
Shares in electronic design automation firm Synopsys (SNPS) were higher today after Chinese regulators gave the green light to its $35 billion takeover of peer Ansys (ANSS). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The decision from the Chinese State Administration for Market Regulations comes only a month after it postponed its approval of the deal between the two U.S. firms which was first announced in early 2024. $28 Billion Market The transaction had already entered the last stage of the Chinese regulator's approval process and was expected to be completed by the end of June. Synopsys hopes the deal will create a leader in silicon to systems design solutions and help it attack a $28 billion market. Ansys produces engineering simulation software used across industries such as automotive, construction, healthcare and defense. Synopsys will also aim to boost its revenue growth which trails its rivals in the sector, including CrowdStrike (CRWD). However, President Trump's decision to apply additional export controls on shipments of semiconductor design software from companies such as Synopsys back in May made China have second thoughts. Nvidia Supplier But, it is understood, according to a report in the Financial Times, that the Trump administration 'quietly relaxed' these rules at the beginning of July. It was also reported that the regulator had received the hurry up from China's commerce ministry to get the deal approved. The close relationship between semiconductor giant Nvidia (NVDA) and China, including the design of a Chinese specific chip, has also likely played a part. That's because Synopsys provides design tools and intellectual property used by chip giants like Nvidia and Intel (INTC) to help them design and test their processors. Is SNPS a Good Stock to Buy Now? Given the news today does that shift investor appetite for SNPS stock? On TipRanks, SNPS has a Strong Buy consensus based on 13 Buy and 1 Hold ratings. Its highest price target is $685. SNPS stock's consensus price target is $605.62 implying a 8.29% upside.
Yahoo
12-07-2025
- Business
- Yahoo
Synopsys (SNPS) Dips More Than Broader Market: What You Should Know
In the latest close session, Synopsys (SNPS) was down 1.22% at $559.28. The stock's change was less than the S&P 500's daily loss of 0.33%. Elsewhere, the Dow lost 0.63%, while the tech-heavy Nasdaq lost 0.22%. Shares of the maker of software used to test and develop chips have appreciated by 14.38% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.24%, and the S&P 500's gain of 4.07%. The upcoming earnings release of Synopsys will be of great interest to investors. The company's earnings per share (EPS) are projected to be $3.84, reflecting a 11.95% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.77 billion, up 16% from the prior-year quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $15.09 per share and revenue of $6.77 billion. These totals would mark changes of +14.32% and +8.08%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Synopsys. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Synopsys is carrying a Zacks Rank of #3 (Hold). In terms of valuation, Synopsys is currently trading at a Forward P/E ratio of 37.51. This expresses a premium compared to the average Forward P/E of 26.68 of its industry. We can additionally observe that SNPS currently boasts a PEG ratio of 2.68. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Computer - Software industry stood at 2.36 at the close of the market yesterday. The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 39, finds itself in the top 16% echelons of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Synopsys, Inc. (SNPS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Cadence Design Systems, Synopsys Jump as US Lifts Software Restrictions on China Exports
Shares of Cadence Design Systems (CDNS) and Synopsys (SNPS) advanced intraday Thursday after the com Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
