The technology giant Synopsys Inc. recently reported its third-quarter fiscal year 2024 results, which showed steady demand for its software to design complex and AI-compatible chips as businesses race to adopt the lucrative technology. The company's shares saw a decent share price increase in recent days.
According to analysts from various firms such as Bank of America Securities, Piper Sandler, Stifel Nicolaus, and Zacks.com users have maintained Buy ratings on Synopsys Inc. (SNPS), citing its AI-driven growth potential and strategic acquisitions. The stock has been one of the most watched by these analysts lately.
The company's revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the same period last year, representing a 13.2% increase. Excluding items, Synopsys reported adjusted earnings of $535.45 million or $3.43 per share.
In recent days, investors have been heavily searching for information on Synopsys Inc., with some analysts recommending the stock due to its potential growth and strategic acquisitions. However, it is worth noting that the company's shares saw a 6.2% decrease in value since their last earnings report, which may indicate market volatility.
1-Oct-2024 5:16 PM CST - Benzinga Synopsys (NASDAQ:SNPS) Stock Quotes, Forecast and News Summary It has been about a month since the last earnings report for Synopsys (NASDAQ: SNPS). Shares have lost about ... Zacks What's Going On With Taiwan Semiconductor Stock On Tuesday?
24-Sep-2024 8:30 AM CST - Yahoo Finance Should You Invest in Synopsys (SNPS) Based on Bullish Wall Street Views? Synopsys (SNPS) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
20-Sep-2024 9:31 AM CST - Yahoo Finance KEYS to Buy Synopsys OSG to Boost Software Solution: Stock to Gain? KEYS recently inked a definitive agreement with Synopsys, Inc. SNPS to acquire its Optical Solutions Group (OSG) division for an undisclosed amount. The deal is contingent on the successful closing of Synopsys' proposed acquisition of Ansys,
Latest SNPS Trades by Congress Members
24-SEP-2024 - Josh Gottheimer, NJ (District 5) sold some (partial sale) valued between $1,001 and $15,000.
The technology giant Synopsys Inc. recently reported its third-quarter fiscal year 2024 results, which showed steady demand for its software to design complex and AI-compatible chips as businesses race to adopt the lucrative technology. The company's shares saw a decent share price increase in recent days.
According to analysts from various firms such as Bank of America Securities, Piper Sandler, Stifel Nicolaus, and Zacks.com users have maintained Buy ratings on Synopsys Inc. (SNPS), citing its AI-driven growth potential and strategic acquisitions. The stock has been one of the most watched by these analysts lately.
The company's revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the same period last year, representing a 13.2% increase. Excluding items, Synopsys reported adjusted earnings of $535.45 million or $3.43 per share.
In recent days, investors have been heavily searching for information on Synopsys Inc., with some analysts recommending the stock due to its potential growth and strategic acquisitions. However, it is worth noting that the company's shares saw a 6.2% decrease in value since their last earnings report, which may indicate market volatility.
1-Oct-2024 5:16 PM CST - Benzinga Synopsys (NASDAQ:SNPS) Stock Quotes, Forecast and News Summary It has been about a month since the last earnings report for Synopsys (NASDAQ: SNPS). Shares have lost about ... Zacks What's Going On With Taiwan Semiconductor Stock On Tuesday?
24-Sep-2024 8:30 AM CST - Yahoo Finance Should You Invest in Synopsys (SNPS) Based on Bullish Wall Street Views? Synopsys (SNPS) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
20-Sep-2024 9:31 AM CST - Yahoo Finance KEYS to Buy Synopsys OSG to Boost Software Solution: Stock to Gain? KEYS recently inked a definitive agreement with Synopsys, Inc. SNPS to acquire its Optical Solutions Group (OSG) division for an undisclosed amount. The deal is contingent on the successful closing of Synopsys' proposed acquisition of Ansys,
