Synopsys: Looking to Stay Ahead of Industry Trends after Solid Q3
SNPSSynopsys(SNPS) MarketBeat·2024-08-23 19:30

Synopsys TodaySNPSSynopsys548.0616.62 (2.94548.06 -16.62 (-2.94%) 52-Week Range434.14▼629.38P/ERatio59.57PriceTarget629.38P/E Ratio59.57Price Target630.09Add to WatchlistSynopsys  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%. In contrast, the Invesco PHLX Semiconductor ETF NASDAQ: SOXQ has returned over 26%. It tracks the PHLX Semiconductor Index.Let's dive into Synopsys' business and market presence. Next, w ...