$SNPS with a slight bullish outlook $SNPS released its earnings with the PEAD projecting a bullish outlook following a positive under reaction following the announcement placing the stock in A
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SNPS - November 29, 2020Synopsys, Inc is at the forefront of Smart Everything with the world’s most advanced technologies for chip design, verification, IP integration, and software security and quality testing.
SNPS recently saw a decent share price growth in the teens level on the NASDAQGS over the last few months with expected continuation due to a widespread analyst consensus points towards a growing Q4 and more fundamental wins through their strategic acquisitions (LIGHT TEC, Moortec) and award-winning IP (Design Space Optimization System Named "Innovative Product of the Year" and VC SpyGlass RTL Static Signoff Solution Honored as "Most Promising New Chip Life Technology").
SYNOPSYS StrategyHey traders, SYNOPSYS is in a historic day we may be on a new record, it is in a fake bearish surge with a large volume at the end of the session. We see a bearish continuity but it is just looking to be able to turn around again for a great potential rise to break the consolidation zone, in force to reach new highs and land on the top of the zone.
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BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY SNPS 215.16$Synopsys (SNPS) - Get Report shares rose Thursday, as analysts touted the software security company’s widening profit margin in its latest quarter.
Synopsys’ gross margin totaled $771.1 million in the quarter ended July 31, 16% wider than the $666.3 million of the year-earlier quarter.
The Mountain View, Calif., company’s shares recently traded at $215.90, up 8.9%, and have soared 54% so far this year.
Synopsys’s margin expansion should continue for years, said Berenberg analyst Joshua Tilton, according to Bloomberg. He maintained his buy rating on the stock.
The company’s operating-margin gain shows that management continues to “under-promise and over-deliver,” said Wells Fargo analyst Gary Mobley, according to Bloomberg.
He was impressed with Synopsys’s better-than-expected orders in the face of the coronavirus pandemic. The company’s sales rose 13% in the quarter ended July 31 from a year earlier. Mobley kept his overweight rating on Synopsys.
RBC analyst Mitch Steves was impressed with the increase in the company’s outlook for cash flow for the year ending Oct. 31, Bloomberg reports. He has an outperform rating on Synopsys.
Morningstar analyst Abhinav Davuluri is impressed with the company but not with its valuation.
“Despite the macroeconomic uncertainty, Synopsys continues to benefit from secular trends in artificial intelligence, 5G, and high-performance computing,” he wrote in a commentary Wednesday.
“Therefore, we are raising our fair-value estimate to $112 per share from $107 for the narrow-moat company.
"With shares trading at a premium to our estimate, we do not see an appropriate margin of safety for prospective investors.”
TAGSCYBERSECURITYTECHNOLOGYEARNINGSSOFTWARE & SERVICESEARNINGS PREVIEW
BY DAN WEIL
Dan is a freelance writer whose work has appeared in The Wall Street Journal, Barron's, Institutional Investor, The Washington Post and other publications.
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NET MARGIN ABOUT 13 %
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$SNPS Trading At Key SupportWe know it's hard to pick stocks in the current environment, but there are some bargains to be had. One worth playing is $SNPS. $SNPS has strong support around the $132 level. The company is out with news today:
Introducing Synopsys DSO.ai™: The world's first autonomous AI application for chip design
MOUNTAIN VIEW, Calif., March 11, 2020 /PRNewswire/ --
Highlights:
Inspired by DeepMind's AlphaZero AI that mastered complex games like chess and Go, Synopsys' DSO.ai™ solution is able to autonomously search for optimization targets in very large solution spaces of chip design
Synopsys' DSO.ai massively scales exploration of options in chip design workflows while automating less consequential decisions, significantly augmenting the throughput of chip design teams
Development partners have realized disruptive results with DSO.ai, achieving targets in a fraction of the time and with fewer resources
Synopsys, Inc. (Nasdaq: SNPS) today announced a major breakthrough in electronic design technology with the introduction of DSO.ai™ (Design Space Optimization AI), the industry's first autonomous artificial intelligence application for chip design. Inspired by DeepMind's AlphaZero that mastered complex games like chess or Go, Synopsys' DSO.ai solution is an artificial intelligence and reasoning engine capable of searching for optimization targets in very large solution spaces of chip design. DSO.ai revolutionizes chip design by massively scaling exploration of options in design workflows while automating less consequential decisions, allowing SoC teams to operate at expert levels and significantly amplifying overall throughput.
"As new silicon technologies are testing the limits of physics, our customers are looking for manufacturing solutions that enable their innovative products," said Jaehong Park, executive vice president of Foundry Design Platform Development at Samsung Electronics. "In our design environment, Synopsys' DSO.ai systematically found optimal solutions that exceeded our previously achieved power-performance-area results. Furthermore, DSO.ai was able to achieve these results in as few as 3 days; a process that typically takes multiple experts over a month of experimentation. This AI-driven design methodology will enable Samsung Foundry customers to fully utilize the benefits of our cutting-edge silicon technologies for their SOC designs."
Developed from the ground up at Synopsys, DSO.ai is part of a multiyear, company-wide initiative and strategic investment in AI-based design technology.
Chip Design: A Vast Search Space
Today, AI can interact with humans through natural language, identify bank fraud and protect computer networks, drive cars around city streets, and play intelligent games like chess and Go. Chip design too is a very large space of potential solutions, trillions of times larger than, for example, the game of Go.
Searching this vast space is a very labor-intensive effort, typically requiring many weeks of experimentation, and often guided by past experiences and tribal knowledge. A chip design workflow typically consumes and generates terabytes of highly dimensional data compartmentalized and fragmented across many separately optimized silos. To create an optimal design recipe, engineers have to ingest volumes of high-velocity data and make complex decisions on the fly with incomplete analysis, often leading to decision fatigue and over-constraining of their design.
With today's hypercompetitive markets and stringent silicon manufacturing requirements, the difference between a good recipe and an optimal recipe can be 100s of MHz of performance, hours of battery life, and millions of dollars in design costs.
The EDA Industry's First Autonomous AI Application for Chip Design
Synopsys' DSO.ai solution revolutionizes the process of searching for optimal solutions by enabling autonomous optimization of broad design spaces. DSO.ai engines ingest large data streams generated by chip design tools and use them to explore search spaces, observing how a design evolves over time and adjusting design choices, technology parameters, and workflows to guide the exploration process towards multi-dimensional optimization objectives. DSO.ai uses cutting-edge machine-learning technology invented by Synopsys R&D to execute searches at massive scale, autonomously operating tens-to-thousands of exploration vectors and ingesting gigabytes of high-velocity design analysis data – all in real-time.
At the same time, DSO.ai automates less consequential decisions, like tuning tool settings, relieving designers of menial tasks and allowing teams to operate at a near-expert level. Knowledge is shared and applied with high effectiveness across entire design teams. This level of productivity means that engineers are now available for more projects, apply more time on a given problem to achieve better results, handle larger parts of a project, and focus on creative and value-added tasks.
A Leap in Productivity
Better design solutions, every time: By massively scaling design workflows, Synopsys' DSO.ai brings immediate visibility into hard-to-explore design-process-technology solution spaces. Enhanced visibility means bringing to market more differentiated products with better performance and higher energy-efficiency – all within existing budgets and schedules. It means maximizing the benefits of silicon process technologies and pushing the limits of scaling.
Faster time to market: With Synopsys' DSO.ai solution, the throughput of engineering teams is significantly amplified, and less consequential tasks are completely automated. DSO.ai means slashing lead times to creating products for new markets while accelerating derivatives of existing products to a fraction of current schedules. It means effortlessly retargeting products to different markets with different feature sets.
Reduced cost through automation: DSO.ai can mean making the best of the most valuable resource – engineering creativity. Relieved from manual, time consuming tasks, engineers can now become available to take on new projects; new hires can be ramped-up quickly to operate at the level of experienced veterans; and overall support overhead for design and manufacturing is minimized.
"Ever since the introduction of Design Compiler in the late '80s, Synopsys has been enabling silicon innovators with tools and technologies across the design spectrum," said Sassine Ghazi, general manager, Design Group at Synopsys. "With DSO.ai, once again, Synopsys is starting a new chapter in semiconductor design. More than two years ago we set out on a fascinating journey to bring AI to chip design, partnering with academic researchers, industry thought leaders, and AI technology pioneers. Today's announcement marks a very important milestone, and our journey in AI is only just beginning."
Synopsys' DSO.ai solution is currently in select deployments with industry-leading partners with broader availability planned for the second half of 2020.
About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.
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Synopsys Inc a long over $139Entry level $139 = Price target $150
P/E ratio 33.61
Average analysts price target $136 | BUY
Company profile
Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It provides intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs, as well as software and hardware that are used to develop the electronic systems that incorporate chips and the software that runs on the circuits. It also offers technical services to support the customers in industries such as electronics, financial services, energy, and industrials for developing chips and electronic systems. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.
SYNOPSYS needs direction. LONG TRADE ENTRY POINTS $131 OR ON BREAKOUT ABOVE $139.
AVERAGE ANALYSTS PRICE TARGET $136
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 1.2%
COMPANY PROFILE
Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It provides intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs, as well as software and hardware that are used to develop the electronic systems that incorporate chips and the software that runs on the circuits. It also offers technical services to support the customers in industries such as electronics, financial services, energy, and industrials for developing chips and electronic systems. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.
SNPS: Slowing down after huge momentum gainsSNPS stock has been moving with intermittent momentum runs and easily broke through the highs resistance from September 2018. It is now slowing down after huge gains. The stock is currently shifting sideways with a rising risk of heavy profit taking from the pro side.