SNPS Stock Recent News

Synopsys (SNPS) closed at $504.86 in the latest trading session, marking a +0.7% move from the prior day.

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.

The latest trading day saw Synopsys (SNPS) settling at $533.08, representing a +0.77% change from its previous close.

Synopsys (SNPS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Synopsys Inc (SNPS, Financial) has recently captured the attention of investors and financial analysts with its strong financial performance. Currently trading at $522.9 per share, Synopsys Inc has experienced a daily increase of 0.99%, despite a three-month decline of -13.74%.

Synopsys is a high-quality company with a competitive advantage in the semiconductor industry, offering potential low-double digit returns over the next decade. SNPS's moat is built on high switching costs and a vast IP library, ensuring a loyal customer base and steady profitability. The potential acquisition of Ansys could significantly boost Synopsys's TAM and competitive strength, despite the associated risks and debt.

Synopsys shares face a dip due to rising costs and market competition. However, revenue growth and strategic acquisitions may drive a turnaround.

Synopsys (SNPS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Optimized EDA and IP Solutions Deliver Enhanced Compute Performance, Power and Engineering Productivity for TSMC N2 and A16 Processes  Highlights Production-ready AI-driven EDA flows, powered by Synopsys.ai, on N2 deliver exceptional quality of results and accelerate design node migration for industry leaders Developing new backside power delivery capabilities on TSMC's A16 to enable efficient power distribution and system performance Joint TSMC, Synopsys and Ansys multi-physics flow supporting CoWoS interposer packaging addresses thermal and power integrity challenges Synopsys 3DSO.ai delivers AI-driven system analysis for maximum quality of results with support for TSMC's 3DFabric New development of 40G UCIe, HBM4 and 3DIO IP on advanced TSMC nodes optimizes latency, power, performance and area SUNNYVALE, Calif. , Sept. 25, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced its continued, close collaboration with TSMC to deliver advanced EDA and IP solutions on TSM

Recently, Zacks.com users have been paying close attention to Synopsys (SNPS). This makes it worthwhile to examine what the stock has in store.