State Street Corp Grows Stock Position in Synopsys, Inc. $SNPS

State Street Corp raised its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,788,890 shares of the semiconductor company’s stock after acquiring an additional 28,532 shares during the quarter. State Street Corp’s holdings in Synopsys were worth $4,128,317,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Synopsys by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after buying an additional 283,677 shares during the last quarter. Geode Capital Management LLC raised its stake in Synopsys by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock valued at $2,017,256,000 after buying an additional 54,329 shares during the last quarter. Victory Capital Management Inc. raised its stake in Synopsys by 238.8% in the third 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. Van ECK Associates Corp raised its stake in Synopsys by 17.0% in the fourth quarter. Van ECK Associates Corp now owns 2,593,619 shares of the semiconductor company’s stock valued at $1,218,275,000 after buying an additional 376,711 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in Synopsys by 226.6% in the third 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. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNPS. Stifel Nicolaus increased their price target on Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Synopsys in a research note on Monday. Citigroup increased their price objective on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Bank of America increased their price objective on Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Synopsys presently has a consensus rating of “Hold” and an average price target of $563.81.

Synopsys Stock Down 0.5%

Shares of SNPS stock opened at $453.89 on Friday. The stock’s 50-day simple moving average is $473.57 and its 200-day simple moving average is $460.43. 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 market capitalization of $86.91 billion, a PE ratio of 105.07, a P/E/G ratio of 2.68 and a beta of 1.22. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share 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 analyst estimates of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The company’s revenue was up 41.9% on a year-over-year basis. During the same period in the prior year, the company 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 analysts expect that Synopsys, Inc. will post 10.65 earnings per share for the current year.

About Synopsys

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.