Synopsys(SNPS)

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Synopsys (SNPS) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-08-13 22:45
The most recent trading session ended with Synopsys (SNPS) standing at $528.64, reflecting a +1.5% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 1.69%. At the same time, the Dow added 1.04%, and the tech-heavy Nasdaq gained 2.43%. The maker of software used to test and develop chips's stock has dropped by 15.45% in the past month, falling short of the Computer and Technology sector's loss of 9.75% and the S&P 500's loss of 4.78%. The investment community will b ...
Synopsys's plans to buy Ansys for $35B falls on UK regulatory radar
TechCrunch· 2024-08-12 12:45
The U.K. antitrust regulator has confirmed that it's carrying out an early-stage inquiry into Synopsys's plans to buy Ansys. The Competition and Markets Authority (CMA) has opened an "invitation to comment," meaning any stakeholders or interested parties can file their objections to the transaction, after which the regulator will decide whether to progress the investigation to a formal merger inquiry. The CMA hasn't provided any deadline for comment submissions. Chip design software maker Synopsys revealed ...
Here's Why Synopsys (SNPS) Fell More Than Broader Market
ZACKS· 2024-08-07 22:50
In the latest market close, Synopsys (SNPS) reached $489.97, with a -1.89% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.77%. Meanwhile, the Dow experienced a drop of 0.6%, and the technology-dominated Nasdaq saw a decrease of 1.05%. The the stock of maker of software used to test and develop chips has fallen by 17.86% in the past month, lagging the Computer and Technology sector's loss of 12.91% and the S&P 500's loss of 5.85%. The investment commu ...
Investors Heavily Search Synopsys, Inc. (SNPS): Here is What You Need to Know
ZACKS· 2024-07-31 14:06
Earnings Estimate Revisions For the current fiscal year, the consensus earnings estimate of $13.03 points to a change of +16.4% from the prior year. Over the last 30 days, this estimate has remained unchanged. 12 Month EPS Last Reported Results and Surprise History Valuation is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Over the past month, shares of this maker of software used to test and develop chips have returned ...
Synopsys (SNPS) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-23 22:56
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.03 per share and a revenue of $6.19 billion, signifying shifts of +16.44% and +5.91%, respectively, from the last year. The Computer - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 38% of all 250+ industries. Prior to today's trading, shares of the maker of software used to test and develop chips had lost 1.32% over the p ...
Synopsys Announces Earnings Release Date For Third Quarter Fiscal Year 2024
Prnewswire· 2024-07-22 20:05
SUNNYVALE, Calif., July 22, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the third quarter fiscal year 2024 on Wednesday, August 21, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.)Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) Financial and ...
Synopsys' (SNPS) Automotive IP Gets SGS-TUV Saar Certification
ZACKS· 2024-07-19 15:15
Synopsys recently announced that its ARC HS4xFS Processor Intellectual Property (IP) chip has been awarded the ISO/SAE 21434 grade certification by Swiss-German testing, inspection and certifying organization, SGSTÜV Saar. Synopsys Gains From Improving IP Portfolio SNPS also undertook multiple steps to advance its IP portfolio in 2024. It rolled out industry's first complete 1.6T Ethernet IP solution. This followed the certification of Synopsys' IP on Samsung Advanced SF2 GAA Process. In the domain of IP ch ...
Synopsys Advances Automotive Security with Industry's First IP Product to Achieve Third-Party Certification for ISO/SAE 21434 Cybersecurity Compliance
Prnewswire· 2024-07-17 13:25
Synopsys ARC HS4xFS Processor IP and Synopsys IP development process both certified ISO/SAE 21434 compliant by accredited, independent auditor SGS-TṺV Saar Achieving ISO/SAE 21434 certification addresses evolving cybersecurity threats and helps provide longterm security and reliability of automotive systems throughout the lifecycle Certified Synopsys ARC HS4xFS Processor IP with the Security Risk Analysis (SRA) enables designers to integrate the IP into their system in a secure manner to meet ISO/SAE 21434 ...
Synopsys (SNPS) Laps the Stock Market: Here's Why
ZACKS· 2024-07-15 22:56
Synopsys (SNPS) closed the latest trading day at $616.01, indicating a +0.32% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.53%, and the tech-heavy Nasdaq gained 0.4%. Shares of the maker of software used to test and develop chips have appreciated by 4.04% over the course of the past month, underperforming the Computer and Technology sector's gain of 4.22% and outperforming the S&P 500's gain of 3.78%. The upcoming earnings re ...
Synopsys Innovation, Earnings Draw Big Money Investors
FX Empire· 2024-07-12 15:05
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