Synopsys, Inc. (NASDAQ:SNPS) Receives $563.81 Average PT from Brokerages

Shares of Synopsys, Inc. (NASDAQ:SNPSGet Free Report) have earned a consensus rating of “Hold” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $563.8125.

SNPS has been the subject of several analyst reports. Berenberg Bank set a $633.00 price target on shares of Synopsys in a report on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and set a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. Stifel Nicolaus boosted their price target on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. KeyCorp reissued an “overweight” rating on shares of Synopsys in a report on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 price target on shares of Synopsys in a report on Thursday, May 28th.

Check Out Our Latest Research Report on SNPS

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the sale, the chief financial officer directly owned 14,358 shares in the company, valued at $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is owned by insiders.

Institutional Investors Weigh In On Synopsys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sankala Group LLC bought a new stake in shares of Synopsys during the fourth quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Synopsys during the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Synopsys during the fourth quarter valued at about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Synopsys during the fourth quarter valued at about $32,000. Finally, Phillip James Consulting Co. bought a new stake in shares of Synopsys during the fourth quarter valued at about $36,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys Stock Performance

Shares of SNPS opened at $455.51 on Wednesday. Synopsys has a 1 year low of $376.18 and a 1 year high of $651.73. The company has a market cap of $87.22 billion, a price-to-earnings ratio of 105.44, a price-to-earnings-growth ratio of 2.68 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The firm has a fifty day moving average of $479.14 and a 200-day moving average of $462.21.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the company posted $3.67 earnings per share. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, equities analysts anticipate that Synopsys will post 10.65 earnings per share for the current year.

Synopsys Company Profile

(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.

Further Reading

Analyst Recommendations for Synopsys (NASDAQ:SNPS)

Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.