SNPS shares rallied on Thursday after upbeat Q3 results. Analysts maintain Buy ratings on strength in Ansys acquisition, AI.
Shares of Synopsys Inc (NASDAQ:SNPS) rallied in early trading on Thursday, after the company reported upbeat fiscal third-quarter results.
Here are some key analyst takeaways:
Rosenblatt Securities analyst Blair Abernethy reiterated a Buy rating and price target of $410.
Needham analyst Charles Shi reiterated a Buy rating and price target of $580.
Benchmark analyst Gary Mobley maintained a Buy rating and price target of $570.
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Synopsys reported strong third-quarter results, with revenue up 42%, AI-driven demand accelerating and FY2026 revenue and EPS…
Synopsys, Inc. (NASDAQ: SNPS) stock fell on Friday amid a broader tech sell-off, despite a new Buy rating and price forecast from…
Here's a look at the details inside Synopsys' Q2 earnings report.
Synopsys shares edged higher in premarket trading as improving market sentiment and an oversold RSI encouraged dip-buying despite…
Synopsys handily beat estimates for its fiscal second quarter and with its outlook for the current quarter. But SNPS stock fell.
Synopsys shares have reached an important price level. Sometimes stocks make large moves after reaching important levels.
