Synopsys (NASDAQ:SNPS) Updates Q3 2026 Earnings Guidance

Synopsys (NASDAQ:SNPS) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.630-3.690 for the period, compared to the consensus earnings per share estimate of 3.420. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.4 billion. Synopsys also updated its FY 2026 guidance to 14.720-14.800 EPS.

Analysts Set New Price Targets

Several research firms have recently weighed in on SNPS. Wells Fargo & Company increased their price objective on Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a research report on Thursday, May 14th. HSBC downgraded Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research report on Friday, February 20th. Citigroup raised their price objective on Synopsys from $580.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Finally, Rosenblatt Securities upped their target price on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research note on Tuesday. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Synopsys presently has a consensus rating of “Hold” and an average price target of $544.88.

Synopsys Price Performance

Shares of Synopsys stock traded down $8.46 during trading on Wednesday, reaching $526.10. The company’s stock had a trading volume of 1,633,149 shares, compared to its average volume of 1,989,810. The stock has a 50-day moving average price of $455.56 and a two-hundred day moving average price of $452.78. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. Synopsys has a one year low of $376.18 and a one year high of $651.73. The stock has a market capitalization of $100.78 billion, a P/E ratio of 81.69, a price-to-earnings-growth ratio of 4.30 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period last year, the company earned $3.03 EPS. As a group, sell-side analysts anticipate that Synopsys will post 10.28 EPS for the current fiscal year.

Institutional Trading of Synopsys

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNPS. Caitong International Asset Management Co. Ltd bought a new stake in Synopsys during the 4th quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new position in Synopsys during the fourth quarter worth about $32,000. Kemnay Advisory Services Inc. bought a new position in Synopsys during the fourth quarter worth about $35,000. Greenline Wealth Management LLC acquired a new position in shares of Synopsys during the 4th quarter worth about $37,000. Finally, WealthCollab LLC grew its position in shares of Synopsys by 110.8% during the 3rd quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after buying an additional 41 shares during the period. 85.47% of the stock is owned by institutional investors.

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.