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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%.

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

Top 18% (45 out of 250)

Industry: Computer - Software

Better trading starts here.

Zacks News

Are Computer and Technology Stocks Lagging InterDigital (IDCC) This Year?

Here is how InterDigital (IDCC) and Synopsys (SNPS) have performed compared to their sector so far this year.

SAP Stock Jumps 49.4% YTD: Will the Upward Trend Continue?

SAP's performance is gaining from continued momentum in its cloud business. Also, opportunities presented by proliferation of generative AI bode well.

Watts Water (WTS) Surges 33% YTD: Will the Upward Trend Last?

Watts Water's (WTS) performance benefits from continued demand for its products as well as synergies from acquisitions.

Cerence (CRNC) to Report Q4 Earnings: What's in the Cards?

Cerence's (CRNC) fourth-quarter fiscal 2023 performance is likely to reflect benefits from robust product innovation, integrating large language models and generative AI into its offerings.

Woodward (WWD) Spikes 36.1% YTD: Will the Uptrend Persist?

Woodward's (WWD) performance benefits from continued momentum in the Aerospace and Industrial segments. Yet, lower Defense OEM sales owing to weak guided weapons sales remain a concern.

Synopsys (SNPS) Laps the Stock Market: Here's Why

In the most recent trading session, Synopsys (SNPS) closed at $541.52, indicating a +1.26% shift from the previous trading day.

Baidu (BIDU) to Post Q3 Earnings: What's in the Offing?

Baidu's (BIDU) third-quarter results are expected to reflect strength in AI and autonomous driving businesses amid uncertainties in China.

What's in the Offing for Analog Devices (ADI) in Q4 Earnings?

Analog Devices' (ADI) results for fourth-quarter fiscal 2023 are likely to reflect the impacts of the softness in the industrial, consumer and communication markets.

Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Cadence (CDNS) Stock Gains 67% YTD: Will the Uptrend Last?

Cadence (CDNS) is benefiting from strong demand for its diversified portfolio across all segments.

NICE Q3 Earnings Top Estimates, Cloud Revenues Drive Top Line

NICE's (NICE) third-quarter 2023 results reflect benefits from robust cloud revenues, driven by the increased migration to the cloud and an expanding customer base.

Synopsys (SNPS), Microsoft Develop New AI Tool for Chip Design

Synopsys (SNPS) launches Synopsys.ai Copilot in collaboration with Microsoft to enhance AI-based chip design by introducing generative features, including conversational intelligence.

Autodesk (ADSK) to Report Q3 Earnings: What's in Store?

Autodesk's (ADSK) fiscal third-quarter 2024 results are likely to reflect strength in demand for software products, higher subscription revenues, steady renewals and new customer billings.

Woodward (WWD) Q4 Earnings & Revenues Beat, Increase Y/Y

Woodward (WWD) fiscal fourth-quarter performance benefits from continued momentum in the Aerospace and Industrial segments.

What to Note Ahead of Agilent Technologies' (A) Q4 Earnings

Agilent's (A) results for the fiscal fourth quarter are expected to reflect strength across the ACG amid weakness in the LSAG segment.

Zoom Video (ZM) to Report Q3 Earnings: What's in the Cards?

Zoom Video's (ZM) fiscal third-quarter results are likely to reflect gains from steady user growth and strength in its partner base.

HP Inc. (HPQ) to Report Q4 Earnings: What's in the Offing?

The weak demand for PCs and high inventory levels are likely to have hurt HP Inc.'s (HPQ) Q4 top line, while favorable pricing and disciplined cost management may have aided the bottom line.

Itron (ITRI) Gains 30.8% YTD: Will the Upward Trend Last?

Itron (ITRI) is benefiting from robust operational execution, resulting in increased shipments to customers amid the easing of supply-chain issues.

What's in Store for Applied Materials (AMAT) in Q4 Earnings?

Applied Materials' (AMAT) fourth-quarter fiscal 2023 results are expected to reflect the strength of its ICAPS portfolio amid weakness in leading-edge foundry logic and NAND.

Sea Limited (SE) Q3 Earnings Miss Estimates, Revenues Up Y/Y

Sea Limited's (SE) third-quarter 2023 results benefit from a solid uptick in e-commerce and digital financial services businesses.

NVIDIA (NVDA) to Report Q3 Earnings: What's in the Offing?

NVIDIA's (NVDA) Q3 performance is likely to reflect the benefits of the strong demand for its generative AI and LLMs supportive GPUs from data center operators and a continued recovery in the Gaming end market.

DecisionPoint (DPSI) Q3 Earnings Top Estimates, Revenues Up Y/Y

DecisionPoint's (DPSI) third-quarter performance benefits from higher software and services revenues along with contributions from acquisitions.

What You Need to Know Ahead of Alibaba's (BABA) Q2 Earnings

Alibaba's (BABA) second-quarter fiscal 2024 results are expected to reflect strength in the e-commerce and cloud businesses despite macroeconomic concerns in China.

NICE to Report Q3 Earnings: Will Strong Portfolio Aid Growth?

Nice's (NICE) third-quarter 2023 performance is expected to benefit from strong CXone adoption, robust customer engagement and sustained cloud momentum.

Synopsys (SNPS) Advances While Market Declines: Some Information for Investors

Synopsys (SNPS) closed the most recent trading day at $522.88, moving +0.78% from the previous trading session.