Synopsys traded at $502.42 this Friday May 15th, decreasing $7.60 or 1.49 percent since the previous trading session. Looking back, over the last four weeks, Synopsys lost 13.89 percent. Over the last 12 months, its price fell by 2.33 percent. Looking ahead, we forecast Synopsys to be priced at 492.32 by the end of this quarter and at 463.23 in one year, according to Trading Economics global macro models projections and analysts expectations.
Synopsys, Inc. provides software products and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs), also known as chips. The Company also offer semiconductor intellectual property (IP) products, which are pre-designed circuits that engineers use as components of chip designs rather than designing those circuits themselves. It provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. It provides technical services and support to help its customers develop advanced chips and electronic systems. It is also a provider of software tools and services electronics, financial services, automotive, medicine, energy and industrials.