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Sustainability Roundtable, Inc Announces Synopsys has Purchased 90 MW of Solar Energy through its Net Zero Consortium for Buyers
GlobeNewswire News Room· 2024-11-21 14:00
BOSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Today, Sustainability Roundtable, Inc.'s (SR Inc) Net Zero Consortium for Buyers (NZCB) announces Synopsys, Inc. has purchased 90 MW of solar energy from the Millers Branch Solar Facility in Haskell County, Texas. The purchase was facilitated by NZCB, whose prior aggregated procurement negotiations with the Millers Branch project made for a highly efficient contracting process that took less than three months to complete. The agreement with Southern Power Company is ...
Is Synopsys Stock a Buy, Sell or Hold at a P/E Multiple of 37.76X?
ZACKS· 2024-11-15 14:15
Synopsys Inc. (SNPS) has long been a respected name in the electronic design automation (EDA) sector, providing essential tools and services to semiconductor design and manufacturing companies. However, with a forward 12-month price-to-earnings (P/E) ratio of 36.76 — significantly above the Zacks Computer - Software industry average of 33.22 — concerns are rising about whether Synopsys' premium valuation is justified in the current market.Image Source: Zacks Investment ResearchSynopsys’ Underwhelming Year-t ...
SEMIFIVE Collaborates with Synopsys to Develop Advanced Chiplet Platform for High-Performance Multi-Die Designs
Prnewswire· 2024-11-11 22:00
The Platform Helps Meet PPA Goals and Accelerate Time-to-MarketSEOUL, South Korea, Nov. 11, 2024 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon solutions, today announced their collaboration with Synopsys to develop a cutting-edge high-performance computing (HPC) platform integrating SEMIFIVE's CPU chiplet with a third-party I/O chiplet into a unified package. SEMIFIVE's HPC chiplet platform will offer notable advantages over traditional chiplet pla ...
Synopsys (SNPS) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-11-01 22:50
The most recent trading session ended with Synopsys (SNPS) standing at $518.40, reflecting a +0.93% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.Shares of the maker of software used to test and develop chips have appreciated by 3.67% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.01% ...
Synopsys Announces Earnings Release Date For Fourth Quarter and Fiscal Year 2024
Prnewswire· 2024-10-29 20:05
SUNNYVALE, Calif., Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 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.) Financial and other statistical information to be discussed on this confe ...
Why the Market Dipped But Synopsys (SNPS) Gained Today
ZACKS· 2024-10-25 22:51
In the latest market close, Synopsys (SNPS) reached $501.58, with a +1.28% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.03%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.56%.Coming into today, shares of the maker of software used to test and develop chips had lost 3.91% in the past month. In that same time, the Computer and Technology sector gained 1.65%, while the S&P 500 gained 1.39%.Analysts and ...
Synopsys (SNPS) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-24 22:56
Synopsys (SNPS) ended the recent trading session at $495.25, demonstrating a +0.37% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.22% gain on the day. Elsewhere, the Dow saw a downswing of 0.33%, while the tech-heavy Nasdaq appreciated by 0.76%.Shares of the maker of software used to test and develop chips witnessed a loss of 3.32% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.29% and the S&P 500's gain of 1.47 ...
Synopsys (SNPS) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-10-17 22:56
The latest trading session saw Synopsys (SNPS) ending at $504.86, denoting a +0.7% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.02%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.04%. Prior to today's trading, shares of the maker of software used to test and develop chips had gained 1.09% over the past month. This has lagged the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77% in that time. The investment communit ...
This Synopsys Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday
Benzinga· 2024-10-15 13:34
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. . BTIG analyst Gregory Lewis initiated coverage on DHT Holdings, Inc. DHT with a Buy rating and announced a price target of $16. DHT shares fell 3.2% to close at $11.34 on Monday. See how other analysts view this stock. · Berenberg analyst Nay Soe Naing initiated coverage on Synopsys, Inc. SNPS with a Buy rating and anno ...
Synopsys: We're Buying This Chip Design SaaS Juggernaut
Seeking Alpha· 2024-10-11 09:29
At PropNotes, we focus on finding top-notch, high-yield investment opportunities for individual investors. With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable advice to help you achieve better returns. Occasionally, we will also share exclusive options strategies to help you enhance your performance even further. Every piece of content we produce is designed to help you make smart decisions in the market, backed by expert research you won ...