A month has gone by since the last earnings report for Synopsys (SNPS). Shares have lost about 1.9% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Synopsys due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

VGM Scores

At this time, Synopsys has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Synopsys has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Synopsys belongs to the Zacks Computer - Software industry. Another stock from the same industry, Intuit (INTU), has gained 2.5% over the past month. More than a month has passed since the company reported results for the quarter ended January 2025.

Intuit reported revenues of $3.96 billion in the last reported quarter, representing a year-over-year change of +17%. EPS of $3.32 for the same period compares with $2.63 a year ago.

For the current quarter, Intuit is expected to post earnings of $11.01 per share, indicating a change of +11.4% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.1% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Intuit. Also, the stock has a VGM Score of F.

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Synopsys, Inc. (SNPS) : Free Stock Analysis Report

Intuit Inc. (INTU) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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