1. SNPS to report Q4 earnings on Dec. 10, expected $2.88 per share. 2. Consensus revenue estimate is $2.24 billion, up from $1.64 billion last year. 3. NVIDIA and Synopsys expand partnership to enhance engineering and development. 4. Analysts show mixed sentiment with several target price reductions recently. 5. Stock closed at $465.85, reflecting marginal movement.
FAQ
Why Bearish?
Earnings cut expectations and target price reductions suggest concerns about profitability.
How important is it?
Earnings expectations and analyst sentiments directly influence stock performance.
Why Short Term?
Upcoming earnings report likely to influence immediate stock price reactions.