Synopsys, Inc. $SNPS Position Decreased by Huntington National Bank

Huntington National Bank decreased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 25.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,725 shares of the semiconductor company’s stock after selling 1,254 shares during the period. Huntington National Bank’s holdings in Synopsys were worth $1,750,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. IPG Investment Advisors LLC acquired a new stake in shares of Synopsys during the fourth quarter worth $520,000. Eaton Financial Holdings Company LLC raised its position in shares of Synopsys by 15.4% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 935 shares of the semiconductor company’s stock worth $439,000 after purchasing an additional 125 shares during the period. Geode Capital Management LLC raised its position in shares of Synopsys by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock worth $2,017,256,000 after purchasing an additional 54,329 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Synopsys by 82.4% in the fourth quarter. Harbour Investments Inc. now owns 631 shares of the semiconductor company’s stock worth $296,000 after buying an additional 285 shares during the period. Finally, Allstate Corp boosted its holdings in shares of Synopsys by 104.9% in the fourth quarter. Allstate Corp now owns 14,000 shares of the semiconductor company’s stock worth $6,576,000 after buying an additional 7,169 shares during the period. Institutional investors own 85.47% of the company’s stock.

Synopsys News Summary

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys said demand for AI chip design software is driving stronger business momentum, and it raised its annual forecast as a result. Synopsys raises annual forecast on demand for AI chip design software
• Positive Sentiment: The CFO highlighted that AI companies are increasingly using custom computer designs, a trend that could expand demand for Synopsys’ chip-design tools. AI Computer Design Diversity A Boon For Synopsys, Says CFO
• Positive Sentiment: Analysts raised price targets after the earnings report, signaling confidence in Synopsys’ longer-term growth outlook despite the stock’s recent weakness. Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
• Positive Sentiment: Synopsys also showcased new AI and multi-die design capabilities with Samsung Foundry, underscoring its role in advanced chip development. Synopsys Advances Power and Performance for AI and Multi-Die Designs on Latest Samsung Foundry Processes at SAFE Forum 2026
• Neutral Sentiment: The company beat fiscal Q2 estimates, with revenue up 41.9% year over year and EPS above expectations, but the market still sold the stock after the report. Synopsys Was the Worst S&P 500 Stock Thursday Despite Earnings Beat With AI and Merger in Focus
• Negative Sentiment: Investors appear wary about the company’s chip-IP business and the broader impact of integrating Ansys, which may be weighing on sentiment even after strong results. Synopsys slides even as Q2 results, guidance top estimates; adds activist to board

Synopsys Price Performance

NASDAQ SNPS opened at $475.62 on Friday. The company has a 50 day simple moving average of $459.53 and a 200-day simple moving average of $454.45. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.26. The firm has a market capitalization of $91.07 billion, a price-to-earnings ratio of 110.10, a price-to-earnings-growth ratio of 3.94 and a beta of 1.25. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s revenue was up 41.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 research analysts predict that Synopsys, Inc. will post 10.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on SNPS. Berenberg Bank set a $633.00 target price on shares of Synopsys in a report on Wednesday. Bank of America raised their target price on shares of Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday. Piper Sandler raised their target price on shares of Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Thursday. Wells Fargo & Company raised their target price on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, KeyCorp reiterated an “overweight” rating on shares of Synopsys in a report on Thursday. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $563.81.

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.