Synopsys to Report Q2 Earnings: What’s in Store for the Stock?
From Nasdaq: 2025-05-26 09:16:00
Synopsys (SNPS) is set to release its second-quarter fiscal 2025 results on May 28. Expected non-GAAP EPS is $3.37-$3.42, with revenue projected between $1.585 billion and $1.615 billion. Previous earnings beat estimates 3 out of 4 times. Factors like AI demand and new hardware products are expected to drive growth.
Synopsys’ Q2 performance may benefit from strong AI and high-performance computing market demand. Products like HAPS 200 prototyping systems and agent AI advancements are likely to boost revenue. IP development for global foundry ecosystem is expected to contribute positively. However, macroeconomic challenges and currency exchange rates may pose a challenge.
The earnings outlook for SNPS remains uncertain this season. While the company holds a Zacks Rank #3, its Earnings ESP stands at 0.00%. Other stocks with a favorable combination include Dell Technologies (DELL), Nutanix (NTNX), and Salesforce (CRM). Dell Technologies and Nutanix are set to report earnings on May 29 and May 28, respectively.
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