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Synopsys (SNPS)

(Delayed Data from NSDQ)

$546.38 USD

546.38
677,542

+7.66 (1.42%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $546.39 +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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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

F Value C 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

Bottom 37% (158 out of 251)

Industry: Computer - Software

Better trading starts here.

Zacks News

Generac (GNRC) Plans to Set Up a New Manufacturing Facility

Generac (GNRC) will begin construction of new facility later this year, subject to city approval of the project. The construction is likely to be concluded by early 2025.

The Zacks Analyst Blog Highlights Costco Wholesale, Equinor, Lam Research, Synopsys and PPG Industries

Costco Wholesale, Equinor, Lam Research, Synopsys and PPG Industries are included in this Analyst Blog.

Sheraz Mian headshot

Top Research Reports for Costco Wholesale, Equinor & Lam Research

Today's Research Daily features new research reports on 16 major stocks, including Costco Wholesale Corporation (COST), Equinor ASA (EQNR) and Lam Research Corporation (LRCX).

Lumen (LUMN) Adds New Enhancements to Its SASE Solution

The addition of new features to SASE product is a direct result of user feedback, highlights Lumen (LUMN).

Cadence (CDNS) Introduces New AI-Powered OrCAD X Platform

Cadence notes that OrCAD X platform is capable of reducing design turnaround time by 5X owing to its cloud scalability and AI-powered placement automation technology.

Why Synopsys (SNPS) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

3 Reasons Why Growth Investors Shouldn't Overlook Synopsys (SNPS)

Synopsys (SNPS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here's Why Synopsys (SNPS) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

SAP to Acquire LeanIX to Expand Business Solutions' Portfolio

SAP adds that LeanIX acquisition will aid in expanding its solutions' portfolio and provide customers with end-to-end solutions needed for uninterrupted business transformation.

Synopsys (SNPS) Adds New Extension to Its Synopsys.ai EDA

Synopsys (SNPS) introduces an extension to Synopsis.ai that provides insights to optimize exploration, design, manufacturing and testing processes in chip making.

GoPro (GPRO) Rolls Out New HERO12 Black Camera: Key Takeaways

GoPro (GPRO) notes that HERO12 Black camera features high dynamic range (HDR) video in 5.3K and 4K resolution coupled with enhanced HyperSmooth 6.0 video stabilization.

Sonos (SONO) Unveils Next-Generation Portable Move Speaker

Sonos (SONO) adds that the new speaker delivers up to 24 hours of battery life, which is double the playback time of the original Move speaker.

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Want to Buy the Dip? Check Out These 3 Top Ranked Stocks

With such a strong start to the year, it is possible that stocks will move higher unperturbed by the seasonal trends

Synopsys (SNPS) Upgraded to Strong Buy: Here's Why

Synopsys (SNPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Is Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) a Strong ETF Right Now?

Smart Beta ETF report for FLQM

Zacks Industry Outlook Highlights Adobe, Salesforce and Synopsys

Adobe, Salesforce and Synopsys are part of the Zacks Industry Outlook article.

Is Synopsys (SNPS) a Solid Growth Stock? 3 Reasons to Think "Yes"

Synopsys (SNPS) could produce exceptional returns because of its solid growth attributes.

Vaishali Doshi headshot

3 Software Stocks to Watch for in a Flourishing Industry

Computer Software industry participants like Adobe (ADBE), Salesforce (CRM) and Synopsys (SNPS) benefit from steady digital transformations and strong adoption of cloud computing despite macroeconomic turbulence.

Synopsys (SNPS) Q3 Earnings and Revenues Top Estimates, Up Y/Y

Synopsys' (SNPS) third-quarter results reflect the benefits of the solid demand for its products amid the rapid adoption of generative AI technology.

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

The headline numbers for Synopsys (SNPS) give insight into how the company performed in the quarter ended July 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Synopsys (SNPS) Beats Q3 Earnings and Revenue Estimates

Synopsys (SNPS) delivered earnings and revenue surprises of 5.49% and 0.36%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

Top Tech Stocks to Consider as Earnings Approach

The growth trajectory for these tech stocks has become enticing and their quarterly results could help reconfirm its time to buy.

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

The increasing demand for advanced technology, design, IP and security solutions is likely to have boosted Synopsys' (SNPS) Q3 performance.

Synopsys (SNPS) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Synopsys (SNPS) closed at $428.96, marking a -1.61% move from the previous day.