On September 25, Synopsys rose 4% in regular trading, trading at approximately $442.42 per share, with turnover of $48.81 million.

On the news front, BNP Paribas upgraded Synopsys from underperform to neutral with a price target of $420, the latest in a series of bullish analyst actions. Earlier, Morgan Stanley had upgraded the stock to overweight with a $500 price target, while Baird raised its rating to outperform with a $560 target. The convergence of multiple upgrades has formed a strong bullish resonance, significantly easing market concerns about AI disrupting the traditional EDA industry.

On the fundamental side, Synopsys reported fiscal Q3 revenue of $2.48 billion, up 42% year-over-year, with adjusted EPS of $3.91, both exceeding consensus estimates. The company also raised its full-year revenue guidance to $9.69 billion to $9.74 billion. Management emphasized that EDA growth is accelerating toward double digits, and design IP has returned to a growth trajectory, with Ansys integration synergies beginning to materialize.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)