BNP Paribas Exane Issues Positive Forecast for Synopsys (NASDAQ:SNPS) Stock Price

Synopsys (NASDAQ:SNPS) had its price target increased by BNP Paribas Exane from $425.00 to $450.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “underperform” rating on the semiconductor company’s stock. BNP Paribas Exane’s price target would indicate a potential downside of 6.08% from the stock’s current price.

SNPS has been the topic of a number of other research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 price target on shares of Synopsys in a research report on Thursday. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a research report on Wednesday. Rosenblatt Securities increased their price objective on shares of Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday. Wells Fargo & Company increased their price objective on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Piper Sandler increased their price objective on shares of Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a research report on Thursday. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Synopsys has a consensus rating of “Hold” and a consensus price target of $563.19.

Synopsys Trading Down 8.9%

SNPS traded down $46.78 during trading on Thursday, reaching $479.14. 2,771,818 shares of the stock traded hands, compared to its average volume of 2,007,367. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $91.79 billion, a PE ratio of 74.55, a P/E/G ratio of 4.38 and a beta of 1.25. The stock’s 50-day moving average is $457.56 and its 200 day moving average is $453.69. Synopsys has a 12 month low of $376.18 and a 12 month high of $651.73.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities analysts anticipate that Synopsys will post 10.28 earnings per share for the current year.

Institutional Investors Weigh In On Synopsys

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empirical Asset Management LLC bought a new position in Synopsys in the third quarter worth approximately $773,000. Strategic Advisors LLC increased its stake in shares of Synopsys by 76.3% in the third quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock worth $3,739,000 after purchasing an additional 3,279 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its stake in shares of Synopsys by 31.8% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock worth $6,957,000 after purchasing an additional 3,575 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Synopsys by 57.7% in the third quarter. Principal Financial Group Inc. now owns 412,766 shares of the semiconductor company’s stock worth $203,654,000 after purchasing an additional 150,973 shares in the last quarter. Finally, SeaTown Holdings Pte. Ltd. increased its stake in shares of Synopsys by 55.9% in the fourth quarter. SeaTown Holdings Pte. Ltd. now owns 22,300 shares of the semiconductor company’s stock worth $10,475,000 after purchasing an additional 8,000 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

More Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys reported fiscal Q2 results that topped Wall Street expectations, with adjusted EPS of $3.35 versus $3.15 expected and revenue of $2.28 billion, up 41.9% year over year. Synopsys Posts Financial Results for Second Quarter Fiscal Year 2026
• Positive Sentiment: The company raised full-year guidance, pointing to continued demand for AI-related chip design software and stronger operating margins, which supports the longer-term earnings outlook. Synopsys raises annual forecast on demand for AI chip design software
• Positive Sentiment: Synopsys also announced a governance agreement with Elliott Investment Management, adding Jesse Cohn to the board, which could improve capital allocation and margin discipline. Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
• Positive Sentiment: Synopsys highlighted new AI-powered design flows and certified IP for Samsung Foundry’s latest 2nm processes, reinforcing its position in advanced chip design and AI infrastructure. Synopsys Advances Power and Performance for AI and Multi-Die Designs on Latest Samsung Foundry Processes at SAFE Forum 2026
• Neutral Sentiment: Several analysts reiterated or raised price targets after the report, signaling continued confidence, but not enough to offset the day’s caution. Analyst rating updates on Synopsys
• Negative Sentiment: Despite the beat-and-raise results, shares fell as investors worried about weakness in the chip IP business and the market’s focus shifted to integration and margin questions around the Ansys deal. Synopsys Stock Falls After Earnings Beat With AI and Merger in Focus

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.