Fairtree Asset Management Pty Ltd raised its stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 83.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,675 shares of the semiconductor company’s stock after purchasing an additional 1,673 shares during the period. Fairtree Asset Management Pty Ltd’s holdings in Synopsys were worth $1,726,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Synopsys by 20.7% during the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after buying an additional 3,120,401 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after buying an additional 1,990,608 shares during the last quarter. Coatue Management LLC bought a new stake in shares of Synopsys during the 3rd quarter valued at about $892,605,000. Capital Research Global Investors grew its position in shares of Synopsys by 226.6% during the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after buying an additional 1,751,432 shares during the last quarter. Finally, State Street Corp grew its position in shares of Synopsys by 20.6% during the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after buying an additional 1,493,912 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.
Synopsys Price Performance
NASDAQ SNPS opened at $493.87 on Wednesday. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The stock has a market cap of $94.61 billion, a price-to-earnings ratio of 76.69, a price-to-earnings-growth ratio of 4.07 and a beta of 1.25. The company has a 50-day moving average price of $446.51 and a two-hundred day moving average price of $449.82.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on SNPS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Wells Fargo & Company boosted their price objective on shares of Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a research report on Thursday, May 14th. Piper Sandler lowered their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Finally, Citigroup boosted their price objective on shares of Synopsys from $580.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $536.00.
Get Our Latest Report on Synopsys
More Synopsys News
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Synopsys continues to draw support from its strong Q1 FY26 report, which showed about 65% year-over-year revenue growth and higher non-GAAP EPS, reinforcing confidence in demand for its chip-design software. A Look At Synopsys (SNPS) Valuation After Strong Q1 FY26 Results And Ansys Acquisition
- Positive Sentiment: Investors are also focusing on the Ansys acquisition, which expands Synopsys’ addressable market and could support longer-term revenue growth and cross-selling opportunities. A Look At Synopsys (SNPS) Valuation After Strong Q1 FY26 Results And Ansys Acquisition
- Positive Sentiment: Some recent commentary argues SNPS could have further upside over the next 12 months, citing AI-driven chip-design demand and the integration of Ansys as key drivers. Prediction: Synopsys Could Hit $600+ in 12 Months and Here’s Why
- Neutral Sentiment: Synopsys is also being discussed in valuation-versus-peers pieces, including comparisons with Progress Software and Simulations Plus, which may influence investor sentiment but do not point to a clear near-term catalyst. PRGS or SNPS: Which Is the Better Value Stock Right Now? Synopsys (NASDAQ:SNPS) vs. Simulations Plus (NASDAQ:SLP) Critical Review
- Negative Sentiment: On the cautious side, some articles argue SNPS may be expensive below $500 and say the stock’s AI narrative may be richer than the fundamentals justify, which could weigh on sentiment. Buy, Sell or Hold Synopsis Below $500?
- Neutral Sentiment: Coverage noting that Synopsys is projected to report earnings soon may keep traders focused on the upcoming print, but it is more of a watch item than a direct catalyst today. Synopsys (SNPS) Projected to Post Earnings on Wednesday
Synopsys Company Profile
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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