Synopsys, Inc. (SNPS) is slated to report third-quarter fiscal 2024 results on Aug 21 after market close. The company anticipates revenues between $1.51 billion and $1.54 billion for the fiscal third quarter. The Zacks Consensus Estimate is pegged at $1.53 billion, which suggests growth of 2.6% from the year-ago period's reported figure. Synopsys expects non-GAAP earnings per share between $3.25 and $3.30. The Zacks Consensus Estimate for third-quarter earnings has remained unchanged at $3.26 per share over ...

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 sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Synopsys (SNPS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Synopsys currently has an average brokera ...

The most recent trading session ended with Synopsys (SNPS) standing at $528.64, reflecting a +1.5% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.69%. At the same time, the Dow added 1.04%, and the tech-heavy Nasdaq gained 2.43%. The maker of software used to test and develop chips's stock has dropped by 15.45% in the past month, falling short of the Computer and Technology sector's loss of 9.75% and the S&P 500's loss of 4.78%. The investment community will b ...

The U.K. antitrust regulator has confirmed that it's carrying out an early-stage inquiry into Synopsys's plans to buy Ansys. The Competition and Markets Authority (CMA) has opened an "invitation to comment," meaning any stakeholders or interested parties can file their objections to the transaction, after which the regulator will decide whether to progress the investigation to a formal merger inquiry. The CMA hasn't provided any deadline for comment submissions. Chip design software maker Synopsys revealed ...

In the latest market close, Synopsys (SNPS) reached $489.97, with a -1.89% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.77%. Meanwhile, the Dow experienced a drop of 0.6%, and the technology-dominated Nasdaq saw a decrease of 1.05%. The the stock of maker of software used to test and develop chips has fallen by 17.86% in the past month, lagging the Computer and Technology sector's loss of 12.91% and the S&P 500's loss of 5.85%. The investment commu ...

Synopsys (SNPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of software used to test and develop chips have returned -13.7%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Computer - Software industry, which Synopsys falls in, has lost 6.9%. The key question now is: What could be the stock's future dir ...

Synopsys (SNPS) closed at $546.38 in the latest trading session, marking a +1.42% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow gained 1.64%, and the Nasdaq, a tech-heavy index, added 1.03%.The the stock of maker of software used to test and develop chips has fallen by 9.46% in the past month, lagging the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 1.16%.The upcoming earnings release of Synopsys will be of ...

In the latest trading session, Synopsys (SNPS) closed at $588.33, marking a +0.11% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.16% for the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.06%.Prior to today's trading, shares of the maker of software used to test and develop chips had lost 1.32% over the past month. This has lagged the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96% in that time.Investors will b ...

SUNNYVALE, Calif., July 22, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the third quarter fiscal year 2024 on Wednesday, August 21, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.)Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) Financial and ...

Synopsys’ (SNPS Quick Quote - ’ ( Free Report ) shares have gained 22.6% in the year-to-date period compared with the Zacks Computer - Software industry’s growth of 21.9%. This growth reflects investors’ strong confidence in the company’s robust portfolio strength, which is driving its financial revenues. Synopsys recently announced that its ARC HS4xFS Processor Intellectual Property (IP) chip has been awarded the ISO/SAE 21434 grade certification by Swiss-German testing, inspection and certifying organiz ...