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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 20% (49 out of 251)

Industry: Computer - Software

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Zacks News

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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.

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Markets Close Higher on Earnings, Job Revisions and Fed Minutes

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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.

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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.

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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.

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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.

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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.

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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.

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

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

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

by Zacks Equity Research

Synopsys (SNPS) closed the most recent trading day at $616.01, moving +0.32% from the previous trading session.