
NASDAQ:SNPS
This summary was created by AI, based on 7 opinions in the last 12 months.
Synopsys Inc (SNPS-Q) is viewed as an indispensable player in the electronic design automation software industry, often described as the 'ultimate AI play'. While the company has encountered challenges, such as missed earnings expectations and revenue, particularly from its Design IP business significantly affected by external factors like China export restrictions, analysts believe the stock still offers solid growth potential. Notably, Synopsys' acquisition of a major designer software firm has contributed to recent volatility in its stock price, which has been down by 35% from last summer's high. Experts highlight the company's strong position alongside a key partner in Nvidia and note the appeal of the stock as a buying opportunity after the recent dip. There is an overall expectation for improved earnings growth in the future, despite current market skittishness due to their recent debt level resulting from acquisitions.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They saw some decline today but recouped somewhat. Sales missed estimates and they announced a small per share loss. Margins remain stable and they saw an analyst upgrade. Strong growth is expected for the next few years and their financial position remains healthy. Unlock Premium - Try 5i Free
(A Top Pick Jun 06/19, Up 23%) A maker of computer software for chip manufacturing. They are benefiting from the trend of more AI, cloud and autonomous driving. Chips are getting more complex and the need for software is increasing. He liked their recent earnings report. A time to add to a position.
A past Top Pick. He likes how they are positioned for their software integrity and testing. As semi-conductor chips are becoming more complex their software is growing in demand. They are insulated from any shocks like in China as he expects companies to continue to funnel money into R&D. Yield 0% (Analysts’ price target is $175.17)
An electronic design automation company. He likes it because it is not super cyclical. Companies like AAPL-Q are designing their own chips and this gives them a barrier to entry. He has liked it over the long term.
Took off once the US 10-year rate came down. Profitable, but highly leveraged. Electronic design automation products to design and test integrated semiconductor circuits. Lots of horses. Leader in EDA, which will help semi industry with labour shortages. Buy here around $518, again just shy of $500. Shouldn't go under $470, and definitely not under $450. No dividend.
(Analysts’ price target is $611.38)