Synopsys, Inc. (NASDAQ:SNPS) Receives $553.57 Average Price Target from Brokerages

Synopsys, Inc. (NASDAQ:SNPSGet Free Report) has received an average rating of “Moderate Buy” from the sixteen brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $553.5714.

SNPS has been the topic of a number of recent analyst reports. Citigroup assumed coverage on Synopsys in a report on Monday, November 24th. They set a “buy” rating and a $580.00 price target on the stock. KeyCorp increased their target price on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Morgan Stanley boosted their price target on Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Rosenblatt Securities upgraded Synopsys from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $605.00 to $560.00 in a research note on Tuesday, December 9th. Finally, Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price objective for the company from $525.00 to $500.00 in a research report on Monday, December 8th.

Check Out Our Latest Research Report on SNPS

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $442.31 on Thursday. The company has a market capitalization of $84.62 billion, a P/E ratio of 55.36, a P/E/G ratio of 3.51 and a beta of 1.12. Synopsys has a 1-year low of $365.74 and a 1-year high of $651.73. The firm’s 50 day simple moving average is $475.01 and its two-hundred day simple moving average is $485.58. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the company posted $3.40 earnings per share. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Research analysts expect that Synopsys will post 10.64 EPS for the current fiscal year.

Insider Buying and Selling at Synopsys

In other news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider directly owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,157 shares of company stock valued at $1,945,036 over the last ninety days. 0.62% of the stock is currently owned by corporate insiders.

Institutional Trading of Synopsys

Several hedge funds have recently modified their holdings of SNPS. Alpine Bank Wealth Management grew its holdings in shares of Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. lifted its position in Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new position in shares of Synopsys in the 3rd quarter worth $27,000. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys in the 3rd quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Synopsys in the 3rd quarter worth about $29,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

About Synopsys

(Get Free Report)

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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Analyst Recommendations for Synopsys (NASDAQ:SNPS)

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