Synopsys Inc. ($SNPS) Stock Forecast: Up 6.0% Today

What is Synopsys Inc.?

Synopsys Inc. (NASDAQ: SNPS) is a leading provider of electronic design automation software and services for the semiconductor industry. Today, the stock had a strong bullish movement in the market.

Why is Synopsys Inc. going up?

SNPS stock is up 6.0% on Apr 23, 2025 14:59

• Despite a slight drop in the current session, there was an overall bullish movement for Synopsys Inc.
• The recent decline in the stock price over the past month and year may have attracted value investors interested in the company's price-to-earnings ratio.
• Investors show optimism about Synopsys' future prospects, possibly due to strong financial performance or positive industry trends.
• The bullish movement could also be attributed to market speculation or anticipated product launches or partnerships by Synopsys.

SNPS Price Chart

SNPS Technical Analysis

SNPS News

Price Over Earnings Overview: Synopsys - Synopsys ( NASDAQ:SNPS )

In the current session, Synopsys Inc. SNPS is trading at $415.50, after a 0.04% drop. Over the past month, the stock fell by 7.86%, and in the past year, by 19.82%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio.

https://www.benzinga.com/insights/news/25/04/44887362/price-over-earnings-overview-synopsys

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Synopsys Inc. Price History

15.10.2024 - SNPS Stock was down 5.3%

• Unusual bearish options activity indicates that deep-pocketed investors have a negative outlook on Synopsys, reflecting a lack of confidence in the stock's performance.
• The high P/E multiple of 37.76X, along with concerns about slowing growth and increased competition, are likely contributing to the bearish movement in Synopsys stock.
• Despite the broader market gains, Synopsys stock saw a notable -0.94% decline, highlighting investors' apprehensions and potential profit-taking amid the negative outlook on the company's future prospects.

15.10.2024 - SNPS Stock was down 5.1%

• The bearish movement in SNPS stock today can be attributed to concerns over its premium valuation at a P/E multiple of 37.76X, especially with slowing growth and increasing competition.
• The overall market gains might have shifted investor focus towards other opportunities, leading to a slight sell-off in SNPS stock.
• Investors may be cautious about the future prospects of Synopsys, considering negative sentiment, which could have contributed to the downward pressure on the stock price.

06.10.2024 - SNPS Stock was up 5.1%

• The bullish movement in SNPS today can be attributed to the positive sentiment from brokers who consider it a good investment, leading to increased investor confidence.
• The stock exceeding market returns further fueled the bullish trend, attracting more buyers and driving up the price.
• The optimistic recommendations from Wall Street analysts may have influenced traders to buy SNPS, contributing to its strong performance today.

04.02.2025 - SNPS Stock was down 5.2%

• Despite surpassing earnings estimates and demonstrating strong demand for AI-driven chip design, the stock encountered significant bearish activity.
• Investors in options trading took a pessimistic approach, noted by a decline in Design IP revenues, potentially impacting SNPS stock negatively.
• Valuation pressures and macroeconomic uncertainties may have contributed to the bearish trend, overshadowing the company's solid fundamentals and positive future projections.

29.09.2024 - SNPS Stock was up 5.2%

• Despite a dip in the overall market, Synopsys (SNPS) managed to gain, showcasing its resilience and investor confidence in the company.
• The UK's antitrust review of Synopsys' $34 billion acquisition of Ansys might have initially caused some uncertainty in the market, but investors seem to be optimistic about the deal's potential benefits for Synopsys.
• Synopsys surpassing market returns indicates that the company is outperforming expectations, possibly due to strong financial performance or positive industry developments.
• Overall, Synopsys' bullish movement today could be attributed to a combination of market confidence, strategic acquisitions, and solid financial performance.

03.03.2025 - SNPS Stock was down 6.4%

• The bearish movement in SNPS stock today might be due to profit-taking after a recent bullish run.
• Despite Wall Street analysts' positive outlook on SNPS, the stock could be facing a short-term pullback.
• The focus on acquisitions by competitor Cadence (CDNS) might be pressuring SNPS stock as investors analyze the competitive landscape.
• Mixed signals from the options market, with some investors showing bullish sentiment towards SNPS, could be contributing to the stock price volatility.

23.03.2025 - SNPS Stock was up 6.0%

• Despite a slight drop in the current session, there was an overall bullish movement for Synopsys Inc.
• The recent decline in the stock price over the past month and year may have attracted value investors interested in the company's price-to-earnings ratio.
• Investors show optimism about Synopsys' future prospects, possibly due to strong financial performance or positive industry trends.
• The bullish movement could also be attributed to market speculation or anticipated product launches or partnerships by Synopsys.

05.11.2024 - SNPS Stock was down 6.3%

• Despite outperforming revenue and EPS expectations, the stock faced a downturn, potentially linked to the company's conservative guidance.
• The market's response to the reserved outlook may have overshadowed the positive earnings results.
• Noteworthy activity from well-capitalized investors in the options market could indicate optimism towards the stock over the long term, despite recent bearish movements.
• External factors such as overall market conditions and industry trends might also influence the stock's performance and investor sentiment.

05.11.2024 - SNPS Stock was down 10.8%

• Despite surpassing revenue and earnings expectations in Q4, Synopsys (SNPS) encountered a significant 7% decrease in its stock price because of weak future guidance.
• The market's negative response to Synopsys's weak guidance suggests concerns about its future growth.
• Bullish sentiment in the options market towards Synopsys implies that despite short-term fluctuations, long-term investors retain optimism about the company's outlook.
• Emphasis on advanced technology innovations and robust solutions in IP, designs, and security may be influencing investor sentiment, counterbalancing the short-term stock price decline.

04.03.2025 - SNPS Stock was down 5.3%

• Over the past month, Synopsys has observed a 7% decline, yet its AI advancements and robust network of partners suggest its stocks are worthwhile for long-term holding.
• Industry experts express positivity towards SNPS, recommending investment in the company.
• The growth strategy of Cadence (CDNS) through acquisitions may have had an indirect effect on SNPS today, with investor attention shifting towards potential competitors.
• Various market sentiments and broader economic conditions likely contributed to the bearish performance of SNPS in today's trading.

19.01.2025 - SNPS Stock was down 5.1%

• SNPS experienced a strong bearish movement, closing at $522.53, down -1.09% from the previous day.
• The bearish trend could be attributed to the notable bearish moves made by financial giants in the options market, with 54% of traders showing bearish tendencies.
• This negative sentiment from institutional investors might have influenced the broader market perception of Synopsys, leading to the more significant decline compared to the overall market.
• Investors should closely monitor any further developments in the options market and institutional trading activity to gauge the future direction of SNPS.

08.03.2025 - SNPS Stock was up 5.5%

• In contrast to a recent 7% decline in the stock price within the last month, Synopsys (SNPS) displayed resilience today through a notable bullish surge.
• The market's favorable response to Synopsys' AI advancements and strong network of partners, recognized as core strengths in the face of larger economic and regulatory obstacles, likely contributed to this positive momentum.
• Cautionary remarks from analysts regarding the potential downsides for chip stocks, including Synopsys, linked to demand uncertainties stemming from escalating product costs appeared to have no immediate effect on SNPS today.
• Investor confidence in Synopsys' future growth opportunities may have propelled the bullish trend, despite prevailing apprehensions within the broader market landscape.