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 ...

Earnings Estimate Revisions For the current fiscal year, the consensus earnings estimate of $13.03 points to a change of +16.4% from the prior year. Over the last 30 days, this estimate has remained unchanged. 12 Month EPS Last Reported Results and Surprise History Valuation is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Over the past month, shares of this maker of software used to test and develop chips have returned ...

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 ...

For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.03 per share and a revenue of $6.19 billion, signifying shifts of +16.44% and +5.91%, respectively, from the last year. The Computer - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 38% of all 250+ industries. Prior to today's trading, shares of the maker of software used to test and develop chips had lost 1.32% over the p ...

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 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 organization, SGSTÜV Saar. Synopsys Gains From Improving IP Portfolio SNPS also undertook multiple steps to advance its IP portfolio in 2024. It rolled out industry's first complete 1.6T Ethernet IP solution. This followed the certification of Synopsys' IP on Samsung Advanced SF2 GAA Process. In the domain of IP ch ...