Synopsys Inc. (SNPS)
Information Technology7 articles
Price chart
Why is SNPS moving today?
-2.9%SNPS is -2.9% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
Synopsys Inc. (SNPS) overview
Synopsys makes electronic-design-automation software used to design chips.
SNPS is a member of the S&P 500. It sits in the Information Technology sector. That sector covers hardware, software and semiconductor companies driving the digital economy.
Synopsys Inc. trades on the NasdaqGS under the ticker symbol SNPS. The most recent market data puts the share price at about $454.63. That is down 2.88% on the session. At that price the company is worth roughly $87.12B.
Over the past 52 weeks, SNPS has traded between $362.55 and $539.48. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 80.3. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch SNPS
SNPS is one of the larger names in the Information Technology sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each SNPS story as it breaks, and tags it bullish, bearish or neutral.
What moves SNPS
- Earnings. SNPS reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from SNPS.
- Sector news. Information Technology stocks often move together, so a rival's news can move SNPS too.
Market Mood
Latest SNPS news
Synopsys Stock Analysis: Key Insights for Investors Today
The article discusses recent developments regarding Synopsys, which included updates on their financial performance and market strategy. Specific financial metrics and figures were not provided in the article. These insights are important as they help investors gauge how Synopsys may perform in the market moving forward. Understanding this context can influence trading decisions based on market reactions to the news. Investors should closely monitor Synopsys (SNPS) as these factors could affect their revenue and stock performance.
Read More: Synopsys Stock Analysis: Key Insights for Investors Today
Nike (NKE) Stock Moves Premarket with Key Updates and Moves
Stocks making notable moves premarket include Nike (NKE), Akamai, and Synopsys. The article highlights upcoming earnings reports and trading activity that typically influence market sentiment. Key figures or metrics regarding stock price changes or trading volumes were not detailed in the article. This is relevant for investors as it reflects potential volatility and market interest in prominent stocks like Nike (NKE).
Read More: Nike (NKE) Stock Moves Premarket with Key Updates and Moves
Synopsys (SNPS) Stock Price Predicted to Reach $1,100 by 2030
Synopsys (SNPS) stock fell 19% over the past year despite a 42% increase in revenue. The company reported a 95% decline in GAAP net income to $17.1 million in Q2 FY2026, primarily due to high amortization charges of $403.6 million. Analysts project a target price range of $511.48 to $1,100 for 2030, necessitating a gain of 148% from the current price of $443.37. This information is significant for investors as it highlights potential growth opportunities in the semiconductor sector amidst evolving AI technology demands.
Read More: Synopsys (SNPS) Stock Price Predicted to Reach $1,100 by 2030
Synopsys (SNPS) Upgraded to Overweight by Piper Sandler with $550 Target
On June 23, Piper Sandler upgraded Synopsys, Inc. (SNPS) to 'Overweight' from Neutral, raising the price target from $450 to $550. Analyst Clarke Jeffries highlighted expectations of a faster recovery in Synopsys' intellectual property business, influenced by Intel's improvements in manufacturing. Synopsys recently settled with Elliott Investment Management, which led to the appointment of Jesse Cohn to its board. This shift aims to enhance margins and financial execution while positioning Synopsys to benefit from rising AI investments.
Read More: Synopsys (SNPS) Upgraded to Overweight by Piper Sandler with $550 Target
Synopsys (SNPS) Raises Annual Forecast After AI Demand Increase
Synopsys (SNPS) upgraded its annual forecast, attributing this to increased demand for its AI chip design software. The company noted that this demand is significant for both their revenue growth and overall market position. Specific figures regarding the expected revenue increase or percentage growth were not disclosed in the announcement. This development is indicative of the growing market for AI-related technologies, which may positively impact investor sentiment toward SNPS shares.
Read More: Synopsys (SNPS) Raises Annual Forecast After AI Demand Increase
Elliott Management Acquires Multibillion-Dollar Stake in Synopsys
Elliott Management has acquired a multibillion-dollar stake in Synopsys, according to a report by the Wall Street Journal. This investment is significant as it indicates Elliott's confidence in Synopsys' potential for growth and may lead to strategic changes within the company. The exact financial details of the stake have not been disclosed, but Elliott's involvement typically signals an intention to enhance shareholder value. This move could affect Synopsys' stock performance and overall market sentiment towards the tech sector.
Read More: Elliott Management Acquires Multibillion-Dollar Stake in Synopsys
Elliott Management Acquires Significant Stake in Synopsys Inc.
Elliott Management has purchased a major stake in Synopsys Inc., a company specializing in chip design software. This acquisition raises questions about potential strategic changes or influence in the firm's direction. Synopsys is a key player in the semiconductor industry, and such investments could impact market confidence in technology stocks. The exact percentage of Elliott's stake has not been disclosed.
Read More: Elliott Management Acquires Significant Stake in Synopsys Inc.More Information Technology stocks
Frequently asked questions
Is Synopsys Inc. in the S&P 500?
Yes. Synopsys Inc. trades as SNPS and is a member of the S&P 500. The index lists it in the Information Technology sector.
What sector is SNPS in?
SNPS sits in the Information Technology sector of the S&P 500.
Where can I find the latest SNPS news?
Right here. This page collects recent SNPS news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Synopsys Inc.'s stock price?
SNPS last traded at about $454.63. Prices move all through the session, so this is the latest quote rather than a live one.
What is Synopsys Inc.'s market cap?
SNPS is worth roughly $87.12B. Market cap is the share price times the number of shares outstanding.
What is SNPS's P/E ratio?
SNPS trades at a trailing P/E ratio of about 80.3. The ratio compares the share price with earnings per share over the past year.