Brokerages Set Synopsys, Inc. (NASDAQ:SNPS) Price Target at $531.00

Synopsys, Inc. (NASDAQ:SNPSGet Free Report) has earned an average rating of “Hold” from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $531.00.

A number of equities research analysts recently issued reports on SNPS shares. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Wells Fargo & Company dropped their target price on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a research report on Friday, February 20th. Rosenblatt Securities dropped their target price on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th.

View Our Latest Research Report on Synopsys

Synopsys Trading Up 1.3%

NASDAQ SNPS opened at $489.02 on Tuesday. The firm has a market cap of $93.68 billion, a P/E ratio of 75.93, a P/E/G ratio of 3.99 and a beta of 1.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The stock’s 50-day moving average is $430.07 and its 200-day moving average is $445.70. Synopsys has a one year low of $376.18 and a one year high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same quarter last year, the firm posted $3.03 earnings per share. Synopsys’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Sell-side analysts anticipate that Synopsys will post 10.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Synopsys

A number of hedge funds and other institutional investors have recently bought and sold shares of SNPS. Brighton Jones LLC increased its position in shares of Synopsys by 5.7% during the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock worth $447,000 after purchasing an additional 50 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Synopsys by 11.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock worth $326,000 after purchasing an additional 79 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Synopsys by 15.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock worth $1,291,000 after purchasing an additional 395 shares during the last quarter. WINTON GROUP Ltd increased its position in shares of Synopsys by 9.2% during the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock worth $389,000 after purchasing an additional 64 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its position in shares of Synopsys by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock worth $36,962,000 after purchasing an additional 1,505 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

About Synopsys

(Get Free Report)

Synopsys, Inc is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) used to design, verify and manufacture integrated circuits and complex systems-on-chip (SoCs). Its product portfolio spans tools and technologies for front‑end design and synthesis, simulation and verification, physical implementation and signoff, and design-for-manufacturability, enabling chip designers to move from architecture through tape‑out.

In addition to core EDA offerings, Synopsys supplies a broad set of semiconductor IP building blocks — such as interface, memory and analog/mixed-signal cores — that customers integrate into SoCs to accelerate development.

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Analyst Recommendations for Synopsys (NASDAQ:SNPS)

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