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Synopsys (SNPS)

(Delayed Data from NSDQ)

$561.55 USD

561.55
967,192

-12.04 (-2.10%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $561.71 +0.16 (0.03%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

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4-Sell of 5       4  

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

F Value D Growth D Momentum F 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 19% (47 out of 250)

Industry: Computer - Software

Zacks News

Nalak Das headshot

5 Must-Buy Stocks as Fed Sets the Stage for a Year-End Rally

We have narrowed our search to five U.S. corporate behemoth that have strong growth potential for the rest of 2023. These are: SNPS, EMR, JPM, NVDA, UBER.

Cirrus Logic (CRUS) Q2 Earnings Top Estimates, Decline Y/Y

Cirrus Logic's (CRUS) fiscal second-quarter performance is affected due to a reduction in components shipping of smartphones and lower general market sales.

Itron (ITRI) Q3 Earnings & Revenues Beat Estimates, Rise Y/Y

Itron's (ITRI) third-quarter performance gains from higher recurring services and easing of supply-chain issues.

Will Synopsys (SNPS) Beat Estimates Again in Its Next Earnings Report?

Synopsys (SNPS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

ANSYS (ANSS) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

ANSYS' (ANSS) third-quarter performance was affected by incremental restrictions for export to China.

CDW's Q3 Earnings Surpass Estimates, Revenues Decrease Y/Y

CDW's third-quarter performance is affected due to weakness across Corporate and Small Business segments.

Lumen (LUMN) Q3 Earnings Miss Estimates, Revenues Down Y/Y

Lumen's (LUMN) third-quarter performance is affected due to the completion of the sale of its Latin America business.

Generac (GNRC) Q3 Earnings & Revenues Beat Estimates, Fall Y/Y

Generac's (GNRC) Q3 performance is affected by softness in Residential products, partly offset by robust demand for Commercial & Industrial products.

Sensata (ST) Q3 Earnings Beat Estimates, Revenues Decline Y/Y

Sensata's (ST) third-quarter performance is affected by a weakness in Industrial revenue growth, which offset increases in Aerospace revenues.

Blackbaud (BLKB) Q3 Earnings Top Estimates, Revenues Up Y/Y

Blackbaud's (BLKB) third-quarter 2023 revenues benefit from increased recurring revenues.

Western Digital (WDC) to Separate HDD and Flash Businesses

Western Digital (WDC) plans to divide its HDD and Flash businesses to drive innovation and generate significant value for its shareholders.

How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Here's Why Synopsys (SNPS) Gained But Lagged the Market Today

Synopsys (SNPS) closed the most recent trading day at $460.94, moving +0.86% from the previous trading session.

Western Digital (WDC) Q1 Earnings Beat, Revenues Fall Y/Y

Western Digital's (WDC) fiscal first-quarter performance is affected due to weak performance across Cloud and Client end markets.

VeriSign (VRSN) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

VeriSign's (VRSN) third-quarter performance benefits from steady demand for .com and .net domain name registrations.

Is American Century U.S. Quality Growth ETF (QGRO) a Strong ETF Right Now?

Smart Beta ETF report for QGRO

Seagate (STX) Q1 Loss Wider Than Expected, Revenues Miss

Seagate's (STX) first-quarter fiscal 2024 performance is hit by weak economic recovery in China, soft demand in the legacy markets and continued inventory digestion by clients.

Plexus (PLXS) Q4 Earnings Top Estimates, Revenues Fall Y/Y

Plexus's (PLXS) fiscal fourth-quarter performance is affected by weakness in the Healthcare/Life Sciences and Industrial sectors.

FLEX Q2 Earnings Surpass Estimates, Revenues Decrease Y/Y

FLEX's fiscal second-quarter performance is affected by weakness across the Agility Solutions segment.

Fortive (FTV) Q3 Earnings & Revenues Miss Estimates, Rise Y/Y

Fortive's (FTV) third-quarter 2023 revenues increase year over year due to continued momentum in software and services businesses.

NETGEAR (NTGR) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

NETGEAR's (NTGR) third-quarter performance is affected by inventory reduction by SMB business partners amid a volatile macroeconomic environment.

Fortive (FTV) Plans to Acquire EA Holding GmbH for $1.45B

Fortive (FTV) is set to acquire EA Elektro-Automatik Holding GmbH for $1.45 billion in cash by early first-quarter 2024.

Itron's (ITRI) Distributed Intelligence Tech Used by Alectra

Itron's (ITRI) Gen5 Riva meters, multi-purpose industrial IoT (IIoT) network solution and Utility IQ solution will be implemented by Alectra Utilities.