Back to top
more

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

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Zacks News

Microchip (MCHP) Expands Trust Portfolio With Latest Solution

by Zacks Equity Research

Microchip (MCHP) expands its Trust Platform portfolio with the addition of ECC608 TrustMANAGER, coupled with Kudelski IoT keySTREAM.

EchoStar's (SATS) New ESA Terminal Now Available on OneWeb LEO

by Zacks Equity Research

EchoStar's (SATS) new ESA terminal receives approval from Eutelsat OneWeb Network for operation in the latter's LEO satellite network.

WIX Stock Rises 38% in One Year: Will the Rally Continue?

by Zacks Equity Research

WIX benefits from frequent launch of products and strengthening momentum in Partners business.

Woodward (WWD) Gains 55% in the Past Year: Will the Rally Last?

by Zacks Equity Research

Woodward's (WWD) performance gains from continued momentum in the Aerospace and Industrial segments.

GOGO to Transform In-Flight Connectivity for Business Aviation

by Zacks Equity Research

GOGO announces the commercial launch of Gogo Galileo to transform in-flight connectivity for business aviation, particularly for small jets.

C3.ai (AI), Paradyme Extend Partnership to Deliver AI Solutions

by Zacks Equity Research

C3.ai (AI) expands partnership agreement with Paradyme that aims at accelerating the delivery of AI solutions tailored for the U.S. Intelligence Community.

Guidewire (GWRE) Cloud Continues to Witness Healthy Momentum

by Zacks Equity Research

Guidewire's (GWRE) focus on the cloud strategy seems to be paying off, as evidenced by increasing sales. Management announces securing 11 cloud deal wins in second-quarter 2024.

SAP Stock Gains 59% in a Year: Will the Rally Continue?

by Zacks Equity Research

SAP's performance is driven by continued strength in its cloud business. However, global macroeconomic weakness and tough competition in the cloud space remain concerning.

InterDigital (IDCC) Unveils Multiple Solutions at NAB 2024

by Zacks Equity Research

InterDigital (IDCC) to address sustainability in streaming solutions and showcase strategies to support the eco-friendly delivery of Ultra HD content.

Ansys (ANSS) & SynMatrix Partner to Improve RF Filter Design

by Zacks Equity Research

Ansys (ANSS) and SynMatrix ink deal to significantly reduce design time and enable faster design exploration.

Progress' (PRGS) Q1 Earnings Top Estimates, Revenues Up Y/Y

by Zacks Equity Research

Progress' (PRGS) first-quarter fiscal 2024 results benefit from robust demand for OpenEdge and MarkLogic offerings.

Eutelsat's (EUTLF) OneWeb LEO Services Utilized by Sat One

by Zacks Equity Research

Eutelsat (EUTLF) announces that Sat One is set to utilize its OneWeb LEO constellation for the first-time activation of land-based services across Australia's remote northern and southern regions.

GoPro (GPRO) Plans to Reduce its Global Workforce by 4%

by Zacks Equity Research

GoPro (GPRO) highlights that job cuts will result in cash expenditures of $2 million in the first quarter of 2024.

Orange (ORAN) & MASMOVIL to Transform Spain's Telecom Market

by Zacks Equity Research

Orange (ORAN) and MASMOVIL form a joint venture to generate synergies of more than 490 million euros per year by the fourth year of closing.

Lumen (LUMN) Concludes Debt Deal, Focuses on Transformation

by Zacks Equity Research

Lumen (LUMN) now has a robust liquidity position, including $1 billion in revolving credit facility, following the successful completion of the transactions contemplated by the TSA.

Guidewire (GWRE) Adds YASSI To Insurtech Vanguards Program

by Zacks Equity Research

Guidewire's (GWRE) Insurtech Vanguards program will assist YASSI to expand its reach and refine its technology.

Nalak Das headshot

Forget Overvaluation: Wall Street Bulls to Roar in 2024

by Nalak Das

Five stocks to gain from the Wall Street rally are NVDA, META, SMCI, SNPS and MU.

Synopsys (SNPS) Registers a Bigger Fall Than the Market: Important Facts to Note

by Zacks Equity Research

In the closing of the recent trading day, Synopsys (SNPS) stood at $594.20, denoting a -1.3% change from the preceding trading day.

Synopsys (SNPS) Up 3.6% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

Synopsys (SNPS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Fair Isaac (FICO) Rides on Solid Portfolio, Expanding Clientele

by Zacks Equity Research

Fair Isaac (FICO) has been benefiting from the strong adoption of the FICO Platform and FICO Score.

Pure Storage (PSTG) & NVIDIA Unite to Advance AI Solutions

by Zacks Equity Research

Pure Storage (PSTG) and NVIDIA are set to offer flexible storage reference architectures for enterprise customers and channel partners.

The Zacks Analyst Blog Highlights NVIDIA, Meta Platforms, Veeva Systems, Synopsys and Cadence Design

by Zacks Equity Research

NVIDIA, Meta Platforms, Veeva Systems, Synopsys and Cadence Design are included in this Analyst Blog.

ServiceNow (NOW) Expands Portfolio With Washington D.C. Launch

by Zacks Equity Research

ServiceNow (NOW) unveils revolutionary upgrades in Washington, D.C. platform release that will help in transforming enterprises with enhanced experiences and Generative AI.

Nalak Das headshot

Fed Reaffirms Three Rate Cuts This Year: 5 Technology Picks

by Nalak Das

We have narrowed our search to five technology behemoths that have provided double-digit returns year to date. These are META, NVDA, CDNS, SNPS and VEEV.

Axcelis' (ACLS) Purion Solution Continues to Witness Traction

by Zacks Equity Research

Axcelis (ACLS) top-line performance is driven by strong adoption of Purion family of products.