10 Stocks Investors Are Gobbling Up

7. Synopsys, Inc. (NASDAQ:SNPS)

Synopsys snapped a two-day losing streak on Thursday, jumping 12.98 percent to close at $438.10  apiece as investors took heart from four investment firms’ “buy” recommendation, while bargain-hunting on the previous day’s five-month low.

In separate market reports, Morgan Stanley, HSBC, Mizuho, and Deutsche Bank all lowered their price targets for the stock, but maintained a “buy” recommendation.

Mizuho set the highest target of $600, albeit down from $700 previously, while Deutsche Bank cut its forecast to $580 from $600.

HSBC, for its part, lowered its estimate to $520 from $645, while Morgan Stanley gave the steepest drop, slashing its target to $510 from $715 prior.

Still, the price targets marked a 16 to 37 percent upside from Synopsys, Inc.’s (NASDAQ:SNPS) latest closing price.

On Wednesday, Synopsys, Inc. (NASDAQ:SNPS) reported a disappointing earnings performance in the third quarter of fiscal year 2025. Net income declined by 40.56 percent to $242.5 million from $408 million in the same period last year, despite total revenues growing by 13 percent to $1.7 billion from $1.5 billion year-on-year.

“Q3 was a transformational quarter. Against a challenging geo-political backdrop, we closed the Ansys acquisition—expanding our portfolio, customer base, and opportunity. Now more than ever, Synopsys is the mission-critical partner technology R&D needs to design and deliver AI-powered products,” said Synopsys Inc. (NASDAQ:SNPS) President and CEO Sassine Ghazi.

“While I’m proud of how our team navigated external challenges in the quarter, our IP business underperformed expectations. We are taking action to enhance our competitive advantage and drive resilient, long-term growth,” he added.