This summary was created by AI, based on 5 opinions in the last 12 months.
Synopsys Inc (SNPS-Q) has received positive reviews from experts, with mentions of strong earnings, raised guidance, and a recent acquisition. The company is described as highly leveraged but profitable, with a focus on electronic design automation for semiconductor circuits. While the CEO's resignation may have a slight impact, overall, the stock seems to be performing well and showing potential for growth.
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
(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.
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
In the last year, 4 stock analysts published opinions about SNPS-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Synopsys Inc.
Synopsys Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Synopsys Inc.
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.
4 stock analysts on Stockchase covered Synopsys Inc In the last year. It is a trending stock that is worth watching.
On 2024-03-27, Synopsys Inc (SNPS-Q) stock closed at a price of $573.28.
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.