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Synopsys (SNPS)

(Delayed Data from NSDQ)

$519.58 USD

519.58
1,233,542

+2.56 (0.50%)

Updated Aug 30, 2024 04:00 PM ET

After-Market: $519.59 +0.01 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value D Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 18% (45 out of 250)

Industry: Computer - Software

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Zacks News

Synopsys, Inc. (SNPS) Is a Trending Stock: Facts to Know Before Betting on It

by Zacks Equity Research

Zacks.com users have recently been watching Synopsys (SNPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Sheraz Mian headshot

Top Stock Reports for Toyota Motor, IBM & Stryker

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Toyota Motor Corporation (TM), International Business Machines Corporation (IBM) and Stryker Corporation (SYK), as well a micro-cap stock Fossil Group, Inc. (FOSL).

Vaishali Doshi headshot

Cadence (CDNS) Tanks 9% in 6 Months: How to Play the Stock?

by Vaishali Doshi

Tough competition, broader industry dynamics and significant exposure to the semiconductor vertical remain concerns for Cadence (CDNS).

Synopsys (SNPS) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

by Zacks Equity Research

Synopsys (SNPS) third-quarter fiscal 2024 results reflect the benefits of growth across multiple business segments and better cost management.

Mark Vickery headshot

Markets Close Higher on Earnings, Job Revisions and Fed Minutes

by Mark Vickery

BLS employment numbers are now -818K fewer than originally reported from April 2023 to March 2024.

Synopsys (SNPS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

by Zacks Equity Research

While the top- and bottom-line numbers for Synopsys (SNPS) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Synopsys (SNPS) Tops Q3 Earnings and Revenue Estimates

by Zacks Equity Research

Synopsys (SNPS) delivered earnings and revenue surprises of 4.57% and 0.04%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Ahead of Synopsys (SNPS) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

by Zacks Equity Research

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Synopsys (SNPS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.

Synopsys (SNPS) to Report Q3 Earnings: What's in Store?

by Zacks Equity Research

Synopsys' (SNPS) overall Q3 performance is likely to have benefited from the increasing demand for advanced technology, IP, design and security solutions.

Is It Worth Investing in Synopsys (SNPS) Based on Wall Street's Bullish Views?

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), 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?

Synopsys (SNPS) Rises Yet Lags Behind Market: Some Facts Worth Knowing

by Zacks Equity Research

In the closing of the recent trading day, Synopsys (SNPS) stood at $528.64, denoting a +1.5% change from the preceding trading day.

Shreya Majumder headshot

ANSYS' (ANSS) Takeover by Synopsys Reportedly Under Scrutiny

by Shreya Majumder

Ansys' (ANSS) $35 billion acquisition deal with Synopsys is reportedly under close regulatory examination in the United Kingdom.

Here's Why Synopsys (SNPS) Fell More Than Broader Market

by Zacks Equity Research

In the latest trading session, Synopsys (SNPS) closed at $489.97, marking a -1.89% move from the previous day.

ACI Worldwide (ACIW) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

ACI Worldwide (ACIW) delivered earnings and revenue surprises of 113.64% and 6.72%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Investors Heavily Search Synopsys, Inc. (SNPS): Here is What You Need to Know

by Zacks Equity Research

Synopsys (SNPS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Commvault Systems (CVLT) Beats Q1 Earnings and Revenue Estimates

by Zacks Equity Research

Commvault (CVLT) delivered earnings and revenue surprises of 13.33% and 4.79%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Is Synopsys (SNPS) a Buy as Wall Street Analysts Look Optimistic?

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), 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?

Why Synopsys (SNPS) Outpaced the Stock Market Today

by Zacks Equity Research

Synopsys (SNPS) reachead $546.38 at the closing of the latest trading day, reflecting a +1.42% change compared to its last close.

Vaishali Doshi headshot

How Should You Play Cadence (CDNS) Stock Post Q2 Earnings?

by Vaishali Doshi

Increasing design activity and opportunities from rapid AI proliferation bode well for Cadence (CDNS). However, competition and significant exposure to the semiconductor vertical is a concern.

Sheraz Mian headshot

Top Analyst Reports for SAP, Abbott Laboratories & Citigroup

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including SAP SE (SAP), Abbott Laboratories (ABT) and Citigroup Inc. (C), as well as two micro-cap stocks Team, Inc. (TISI) and Vaso Corporation (VASO).

Synopsys (SNPS) Ascends While Market Falls: Some Facts to Note

by Zacks Equity Research

Synopsys (SNPS) closed at $588.33 in the latest trading session, marking a +0.11% move from the prior day.

Manhattan Associates (MANH) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Manhattan Associates (MANH) delivered earnings and revenue surprises of 22.92% and 3.61%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Cadence Design Systems (CDNS) Tops Q2 Earnings and Revenue Estimates

by Zacks Equity Research

Cadence (CDNS) delivered earnings and revenue surprises of 4.07% and 1.17%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Synopsys' (SNPS) Automotive IP Gets SGS-TUV Saar Certification

by Zacks Equity Research

Synopsys' (SNPS) ARC HS4xFS Processor IP chip gets the ISO/SAE 21434 grade certification by Swiss-German testing, inspection and certifying organization, SGS-TUV Saar.

Vaishali Doshi headshot

Should You Buy Cadence (CDNS) Stock Ahead of Q2 Earnings?

by Vaishali Doshi

Cadence's (CDNS) Q2 performance is likely to have benefited from higher customer demand. Weak global macroeconomic conditions and stiff competition are concerning.