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Bank of America Calls Synopsys (SNPS) a Lower-Beta AI Play With Catch-Up Potential [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
neutral and raised its price target to $560.00 from $500.00. The bank said that following latest results, shares of Synopsys are attractive at current levels. “We believe the relative derisking of China and Intel sales along with strong growth at Ansys clears the decks for Synopsys to provide attractive stock catch-up potential and EPS beats for the next year.” According to analysts led by Vivek Arya, the company's non-GAAP EPS guidance for the full fiscal year 2026, at $14.36 midpoint, is well ahead of consensus ($14.11). The team raised its fiscal year 2026/2027 non-GAAP EPS estimates to $ 14.37 and $17, respectively. “While the stock could consolidate at current-levels after the ~20% recent run, we believe it provides an attractive lower-beta, AI-levered/adjacent candidate with recurring sales tied to more resilient chip design R & D spending.” Synopsys, Inc. (NASDAQ:SNPS) is a technology company that provides software and services for silicon-to-systems design, including e Show less Read more
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