Why Synopsys Stock Bounced Higher Today
In case you haven't heard, (NASDAQ: SNPS) stock got destroyed yesterday. The software-for-semiconductor design company tumbled 36% in Wednesday trading after missing on fiscal Q3 2025 earnings and forecasting an even bigger miss for fiscal Q4.
Wall Street took Synopsys stock to the proverbial woodshed, with at least four separate investment banks downgrading the stock, and a half dozen others cutting price targets (according to data from The Fly). But after all the lamenting and gnashing of teeth, other analysts are giving Synopsys stock a second look today, and the stock is up 11.5% through 2:40 p.m. ET.
One analyst, it seems, thinks Synopsys stock is a buy.
Source Fool.com
Synopsys Inc. Stock
€385.95
-5.250%
The stock is one of the favorites of our community with 35 Buy predictions and 2 Sell predictions.
As a result the target price of 538 € shows a positive potential of 39.4% compared to the current price of 385.95 € for Synopsys Inc..
