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Synopsys (SNPS) Gains But Lags Market: What You Should KnowIn the latest market close, Synopsys (SNPS) reached $459.36, with a +0.08% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.63% for the day.
Synopsys (SNPS) closed the latest trading day at $517.66, indicating a +0.38% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.1%.
Synopsys is a market leader in EDA with significant market share gains and a strong IP portfolio. The company's revenue grew 15% in FY2023, slightly higher than its 10-year average growth of 11.6%.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $360.0 and $610.0 for Synopsys, spanning the last three months.
In the latest quarter, 9 analysts provided ratings for Synopsys SNPS, showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing ...
On Wednesday, the stock dropped 9.6%, its biggest one-day selloff this year, in reaction to the Financial Times report. "On May 29, 2025, following the announcement of Synopsys' financial results ...
In the latest market close, Synopsys (SNPS) reached $494.95, with a +0.99% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.43%.
Synopsys SNPS-0.61%decrease ... An acquisition of Ansys, which has a market value of nearly $30 billion, could be struck early in 2024, according to people familiar with the matter.
Synopsys increased its adjusted EPS guidance for FY25 to $15.11-$15.19, from the previous outlook of $14.88-$14.96. This new range surpasses the analyst consensus estimate of $14.89 .
Challenges persist in the Design IP Segment and China market. Synopsys demonstrated robust financial performance in Q1 FY2025, driven by strong results in its Design Automation Segment ...
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