Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2021

Go back to Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2021

Synopsys (SNPS) PT Raised to $370 at Needham & Company

December 2, 2021 6:43 AM EST

Needham & Company analyst Charles Shi raised the price target on Synopsys (NASDAQ: SNPS) to $370.00 (from $360.00) while maintaining a Buy rating.

The analyst commented, "Synopsys reported in-line results for F4Q21 (Oct) and guided F1Q22 (Jan) and FY22 meaningfully higher than respective consensus... More

Synopsys (SNPS) Tops Q4 EPS by 4c; Guides Above

December 1, 2021 4:13 PM EST

Synopsys (NASDAQ: SNPS) reported Q4 EPS of $1.82, $0.04 better than the analyst estimate of $1.78. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.14 billion.

GUIDANCE:

Synopsys sees Q1 2022 EPS of $2.35-$2.40, versus the consensus of $1.76. Synopsys sees Q1... More