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Tag: Microsoft News

  • Synopsys (SNPS) Partners with Microsoft in RAMP Program as it nears Q1 FY21 results

    Synopsys (SNPS) Partners with Microsoft in RAMP Program as it nears Q1 FY21 results

    Synopsys is set to announce its fiscal year first-quarter results on Feb. 17, 2021.

    Synopsys, Inc. (SNPS) shares have been trading on a higher side in the past few days, crossing the average analyst 12-month price target of $264.82. The bullish sentiment is probably driven by Synopsys’ collaboration with Microsoft for the RAMP program.

    SNPS stock closed the trading at $270.09 on Feb. 4. As we write this, the stock is soaring by 0.45% trading at $271.30 in the pre-market session.

    There are some exciting projects for the company under progress. Moreover, the company had significant outcomes from the past year, with an increase in full-year revenue by 9.6% to $3.685 billion. So, the first quarter of 2021 is expected to report continuous growth in revenue—with increasing demand.

    What’s Next?

    The US-tech firm, Synopsys (SNPS) works on silicon design and verification, silicon intellectual property, and software security and quality. The company has seen notable growth in a tough period of a pandemic. Thanks to the continuous growing demand. Moreover, the company’s innovation engine is delivering highly advanced capabilities throughout the portfolio.

    Recently, the company announced a new project that’s underway. In collaboration with Microsoft, Synopsys would be working in the Rapid Assured Microelectronics Prototypes (RAMP) program. The motive is to support the development of workflow prototypes and integrated circuit hardware, using Synopsys’ assured design and manufacturing flows into Microsoft Azure.

    The RAMP program is to empower Synopsys’ trusted design, verification, and silicon IP solutions on Microsoft Azure. Through this, the designers would be able to build state-of-the-art silicon devices with much security—via a confidential cloud environment.

    The aim to commercialize this ecosystem and accelerate the progress of semiconductors for government bodies. Synopsys would be expanding its network to achieve the target and provide its best services to Silicon Valley.

    Furthermore, the company just announced another milestone. Synopsys has launched its silicon proof of DesignWare® 112G Ethernet PHY IP in a 5nm FinFET process that would provide a much better performance, power, and area advantages. This is a big step forward that would allow designers to significantly reduce their integration risk for a faster path to silicon success.

    Conclusion

    Synopsys, Inc. (SNPS) is on the right way to success. The new developments would play a big part in the long-term. On the other side, the company has provided the outlook for this year. The expected revenue target is to surpass $4 million, higher than that of 2020. While the company has projected a continued non-GAAP operating margin expansion, with more than $1 billion in operating cash flow. So, the long-term prospect sounds pretty solid.

  • 15 Software – Infrastructure Stocks to Watch

    15 Software – Infrastructure Stocks to Watch

    “IT Infrastructure Software Market” Research Report 2020-2025, published on Oct 15, 2020, is a detailed analysis of the current state of the market for the IT Infrastructure Software industry based on historical trends and forecasts. This report tackles the IT Infrastructure Software market segment from a basic overview to a detailed description of the IT Infrastructure Software market. Furthermore, it offers a detailed look at the key vendors, top regions, product types, and end industries of the IT Infrastructure Software marketplace. It provides historical data on the IT Infrastructure Software market trends, growth, revenue, capacity, cost structure, and key driver’s analysis.

    Besides, market dynamics (such as driver factors, restraining factors) and industry news (like mergers, acquisitions, and investments) are also considered in the report. The increase in technological innovations and advancements will enhance the product’s performance, making it more widely used in downstream applications. Furthermore, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, and industry competitors) provides essential information for understanding the IT Infrastructure Software market.

    Palantir Technologies Inc. (NYSE:PLTR) shares were trading down -1.93% at $25.92 at the time of writing on Wednesday. The company recently declared that it was awarded a $44.4m, three-year contract with the U.S. Food and Drug Administration (FDA).

    Palantir Technologies Inc. (NYSE:PLTR) share price went from a low point around $8.90 to briefly over $33.50 in past 52 weeks, though shares have since pulled back to $25.92. PLTR market cap has remained high, hitting $44.89B at the time of writing, giving it price-to-sales ratio of more than 40.

    If we look at the recent analyst rating PLTR, Morgan Stanley downgraded coverage on PLTR shares with an Underweight rating and a $14.33 price target, which implies room for -11.59% downside momentum this year.

    Microsoft Corporation (MSFT) last closed at $219.28, in a 52-week range of $132.52 to $232.86. Microsoft Corp. and Warner Bros. reported an epic partnership to celebrate the release of the new movie “Space Jam: A New Legacy,” coming in 2021. Analysts have a consensus price target of $239.71.

    Oracle Corporation (ORCL) stock soar by 1.49% to $62.78. The firm recently revealed fiscal 2021 Q2 results. Total quarterly revenues were up 2% year-over-year to $9.8 billion. C The most recent rating by BofA Securities, on December 16, 2020, is at a Neutral.

    Square Inc. (NYSE:SQ) Shares headed rising, higher as much as 3.22%. Lately, the company declared that its commerce platform now powers payments, e-commerce, and point of sale at nearly a dozen renowned ski resorts across the U.S. and Canada in partnership with POWDR. The most recent rating by Seaport Global Securities, on December 07, 2020, is at a Buy.

    Dropbox Inc. (NASDAQ:DBX) rose 1.73% after gaining more than $0.4 on Wednesday after reporting that it has been positioned by Aragon Research, Inc. in the Leader section of the Globe for Digital Work Hubs, 2021 for the second year in a row.

    BlackBerry Limited (BB) last closed at $8.24, in a 52-week range of $2.70 to $9.69. Today, the company will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET. Analysts have a consensus price target of $6.07.

    NortonLifeLock Inc. (NLOK) stock soar by 2.10% to $20.38. The company on December 7, 2020 revealed that it has agreed to acquire Avira in an all-cash transaction for approximately $360 million from Investcorp Technology Partners. The most recent rating by Argus, on August 21, 2020, is at a Buy.

    FireEye Inc. (NASDAQ:FEYE) Shares headed rising, higher as much as 2.77%. The company on December 11, 2020 reported that the $400 million strategic investment led by funds managed by Blackstone Tactical Opportunities has closed. The most recent rating by Barclays, on November 20, 2020, is at an Underweight.

    CrowdStrike Holdings Inc. (NASDAQ:CRWD) rose 2.78% after gaining more than $4.86 on Wednesday. On December 8, 2020, the firm released the annual CrowdStrike Services Cyber Front Lines Report, which brings together the insights and observations of CrowdStrike’s global incident response (IR) and proactive services teams in 2020.

    Cloudflare Inc. (NET) last closed at $81.81, in a 52-week range of $15.05 to $86.21. On December 7, 2020 released Data Localization Suite to give businesses across the globe tools to address their data locality, privacy, and compliance needs. Analysts have a consensus price target of $69.06.

    Box Inc. (BOX) stock soar by 3.17% to $18.85 after the defense contract management agency selected Box for cloud content management. The most recent rating by Craig Hallum, on May 28, 2020, is at a Buy.

    SolarWinds Corporation (NYSE:SWI) Shares headed falling, lower as much as -0.17%. The most recent rating by Berenberg, on October 07, 2020, is at a Buy.

    Adobe Inc. (NASDAQ:ADBE) rose 1.50% after gaining more than $7.26 on Wednesday. The company on December 10, 2020 declared financial results for its fourth quarter and fiscal year ended Nov. 27, 2020.

    Nutanix Inc. (NTNX) last closed at $30.98, in a 52-week range of $11.31 to $37.86. On December 10, 2020, the firm revealed that it has been named a Leader by Gartner, Inc. in the December 2020 Magic Quadrant for Hyperconverged Infrastructure Software. Analysts have a consensus price target of $33.64.

    Okta Inc. (OKTA) stock soar by 1.87% to $259.93. The most recent rating by JP Morgan, on December 09, 2020, is at a Neutral.