Piper Sandler initiated coverage on Synopsys with a new price target
$SNPS
Computer Software: Prepackaged Software
Technology
Piper Sandler initiated coverage of Synopsys with a rating of Overweight and set a new price target of $665.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/12/2024 | $675.00 | Buy | Loop Capital |
| 10/22/2024 | $650.00 | Outperform | Mizuho |
| 10/15/2024 | $660.00 | Buy | Berenberg |
| 4/4/2024 | $665.00 | Overweight | Piper Sandler |
| 11/30/2023 | $500.00 → $660.00 | Buy | Needham |
| 11/10/2023 | $600.00 | Overweight | Morgan Stanley |
| 9/29/2023 | $551.00 | Buy | HSBC Securities |
| 12/16/2022 | $410.00 | Neutral → Buy | BofA Securities |
SUNNYVALE, Calif., Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 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. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be availabl
Results Summary1 Record quarterly revenue of $1.526 billion, up approximately 13% year over year.Quarterly GAAP earnings per diluted share of $2.73; non-GAAP earnings per diluted share of $3.43, up approximately 27% year over year and exceeding guidance.Expecting record full-year revenue with growth of approximately 15% driven by continued, strong execution and business momentum.SUNNYVALE, Calif., Aug. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023.
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. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be available on t
SUNNYVALE, Calif., Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (NASDAQ:SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 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. Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.investor.synopsys.com immediately before the call. A live webcast will also be availabl
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation SANTA MONICA, Calif. and SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Fr
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Francisco Partners achieving a specified rate of return in connection
SC 13G/A - SYNOPSYS INC (0000883241) (Subject)
SC 13G/A - SYNOPSYS INC (0000883241) (Subject)
SC 13G/A - SYNOPSYS INC (0000883241) (Subject)
Loop Capital initiated coverage of Synopsys with a rating of Buy and set a new price target of $675.00
Mizuho initiated coverage of Synopsys with a rating of Outperform and set a new price target of $650.00
Berenberg initiated coverage of Synopsys with a rating of Buy and set a new price target of $660.00
8-K - SYNOPSYS INC (0000883241) (Filer)
10-Q - SYNOPSYS INC (0000883241) (Filer)
8-K - SYNOPSYS INC (0000883241) (Filer)
4 - SYNOPSYS INC (0000883241) (Issuer)
4 - SYNOPSYS INC (0000883241) (Issuer)
4 - SYNOPSYS INC (0000883241) (Issuer)
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation SANTA MONICA, Calif. and SAN FRANCISCO, Oct. 1, 2024 /PRNewswire/ -- Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Fr
The standalone application security company continues its mission to help organizations build trust in their software to support innovation and business transformation Clearlake Capital Group ("Clearlake") and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. ("Black Duck"). The transaction with Synopsys, Inc. (NASDAQ:SNPS), which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Francisco Partners achieving a specified rate of return in connection
Oversubscribed $70M round led by Maverick Capital increases SiMa.ai's total amount raised to $270M; funding will speed release of next generation AI/ML chip to power multimodal generative AI at the edge SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has raised an additional $70M of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors Amplify Partners, Dell Technologies Capital, Lip-Bu Tan and others. SiMa.ai will utilize the $270M raised to date to continue meeting customer demand for edge AI/ML with its first-generation Machine Learning System-on-Chip (MLSoC) while acceleratin
4 - SYNOPSYS INC (0000883241) (Issuer)
Synopsys (NASDAQ:SNPS) has outperformed the market over the past 15 years by 12.93% on an annualized basis producing an average annual return of 25.07%. Currently, Synopsys has a market capitalization of $86.90 billion. Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 15 years ago, it would be worth $2,859.61 today based on a price of $567.16 for SNPS at the time of writing. Synopsys's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and