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Synopsys Inc (SNPS-Q)
NASDAQ:SNPS
511.72
0.34
(0.07%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 5 opinions in the last 12 months.
Synopsys Inc (SNPS-Q) is a company that provides electronic design automation products for designing and testing integrated semiconductor circuits. Recent reviews indicate that the company's software is powering Nvidia's GPU chips, leading to a surge in share price. The company's strong performance in February 21 earnings, combined with a positive outlook on AI growth, has contributed to a bullish sentiment. The stock is considered profitable but highly leveraged, with analysts recommending buying at around $518 and $500, and avoiding going under $470.
$487.000
Unknown
Their software is powering Nvidia to make GPU chips. SNPS shares have run up as a result, though weakened in the past month. Price-to-cash flow is estimated to fall between 2025 and 2026, so the street expects the company to grow a lot. He believes AI will continue to grow. SNPS's valuation isn't extreme like others in AI.
February 21 earnings banged it out of the park. Raised guidance, a rare event. 12-month target of $648, still decent runway left. If looking to buy in, try in stages at $570-575, and $525.
Might want to write some calls. For quite a pretty penny, bought a company that does visualizations and simulations. You can own it here around $550, more at $520, and just south of $500.
(Analysts’ price target is $610.00)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)They do electronic design automation for all the chips, including Nvidia's. They report in two weeks. Is up 50% since breaking out in June.
Today they reported strong: in-line revenue, an earnings beat, and raised revenue and earnings guidance. Shares rallied after hours. That said, they said the CEO will resign to become the chair of the board.
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
Synopsys Inc(SNPS-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 4
Synopsys Inc(SNPS-Q) Frequently Asked Questions
What is Synopsys Inc stock symbol?
Synopsys Inc is a American stock, trading under the symbol SNPS-Q on the NASDAQ (SNPS). It is usually referred to as NASDAQ:SNPS or SNPS-Q
Is Synopsys Inc a buy or a sell?
In the last year, 4 stock analysts published opinions about SNPS-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Synopsys Inc.
Is Synopsys Inc a good investment or a top pick?
Synopsys Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Synopsys Inc.
Why is Synopsys Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Synopsys Inc worth watching?
4 stock analysts on Stockchase covered Synopsys Inc In the last year. It is a trending stock that is worth watching.
What is Synopsys Inc stock price?
On 2024-12-12, Synopsys Inc (SNPS-Q) stock closed at a price of $511.72.
It trades in line with NVDA, which is going down (though he likes it).