Why Synopsys Stock Soared on Thursday
Should you use GAAP or non-GAAP earnings to value Synopsys stock?
Overview
Synopsys (NASDAQ:SNPS) stock, which makes design and simulation software for pre-production work on semiconductors, jumped 12.5% through 10:20 a.m. Thursday, after telling investors at its Investor Day that it expects to grow revenue as much as 15%, to $11.2 billion, in 2027.
Analysts polled by S&P Global Market Intelligence forecast only $9.7 billion in 2026 revenue and $11 billion in 2027.
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Originally published at www.fool.com.
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