Synopsys Surges to 224th in Trading Volume with $553 Million Turnover

On May 12, 2025, Synopsys (SNPS) saw a significant surge in trading volume, with a total turnover of $553 million, marking a 100.26% increase from the previous day. This substantial rise placed Synopsys at the 224th position in terms of trading volume for the day. The stock price of Synopsys also experienced a notable increase, rising by 4.70%.

Analysts have provided varied insights into Synopsys' future performance. The average one-year price target for Synopsys, as estimated by 21 analysts, stands at $595.36, with the highest estimate reaching $707. This optimistic outlook suggests a potential upside for investors considering Synopsys stock.

In recent trading, Synopsys' shares crossed above their 200-day moving average of $497.67, reaching a high of $506.66. This technical indicator often signals a bullish trend, as it suggests that the stock's price is trending above its long-term average, which could be an encouraging sign for investors.

Synopsys is anticipated to report earnings of $2.81 per share for the current quarter, reflecting a year-over-year decrease of 21.1%. This earnings forecast is crucial for investors as it provides insights into the company's financial health and future prospects. Additionally, Synopsys has been identified as a large-cap growth stock within the Software & Programming industry, with a fundamental analysis rating of 77%.

Morgan Stanley recently adjusted its price target for Synopsys, lowering it from $625.00 to $590.00 while maintaining an "overweight" rating. This adjustment reflects the firm's ongoing evaluation of Synopsys' market position and potential for growth. Investors should consider these factors when making investment decisions regarding Synopsys stock.