Synopsys Stock Surges 5.98% in Five Days, Trading Volume Ranks 93rd

On June 5, 2025, Synopsys (SNPS) closed at $474.22, marking a 1.90% increase and extending its winning streak to five consecutive days, with a total gain of 5.98% over the past five days. The trading volume reached $810 million, placing it 93rd in the day's trading volume rankings.

Synopsys is a leading provider of electronic design automation (EDA) software, offering end-to-end solutions for low-power design, verification, and IP from silicon to software. The company's partnership with Keysight Technologies has resulted in an AI-powered RF design solution that accelerates RF circuit migration between TSMC process nodes, enabling faster chip design and improved performance.

On May 29, Synopsys announced the suspension of its financial guidance for the third quarter and full fiscal year 2025. This decision came after the company received new export controls on shipments to China, which may impact its revenue and earnings. The company's stock has a consensus rating of "Strong Buy" from 18 analysts, with a mean price target of $597.50. However, the stock is currently trading below this target.

Synopsys' integrated Synopsys C-PHY/D-PHY IP enables high-performance, low-power interfaces to SoCs, application processors, baseband processors, and peripherals. The company's stock has been underperforming the Nasdaq, with a consensus rating of "Strong Buy" from 18 analysts. The company's stock has a mean price target of $597.50, but it is currently trading below this target.