These Analysts Slash Their Forecasts On Synopsys Following Downbeat Q3 Results
1. SNPS reported weaker Q3 results, missing both earnings and revenue estimates. 2. Adjusted EPS guidance was lowered for fiscal 2025, now $12.76-$12.80. 3. Shares plummeted 21.4% in pre-market trading following the earnings release. 4. Several analysts lowered their price targets post-announcement, while some maintained ratings. 5. CEO highlighted AI product design as a critical business focus amid challenges.