Synopsys (NASDAQ:SNPS – Get Free Report)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a research report issued on Friday,Benzinga reports. They presently have a $560.00 price objective on the semiconductor company’s stock. Rosenblatt Securities’ price objective would indicate a potential upside of 26.57% from the company’s current price.
SNPS has been the topic of a number of other research reports. Needham & Company LLC boosted their target price on shares of Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Wells Fargo & Company boosted their price objective on Synopsys from $445.00 to $500.00 and gave the company an “equal weight” rating in a research note on Thursday, December 11th. Piper Sandler downgraded Synopsys from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $602.00 to $520.00 in a research note on Tuesday, January 13th. Finally, KeyCorp lifted their target price on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $553.57.
Read Our Latest Report on SNPS
Synopsys Price Performance
Synopsys (NASDAQ:SNPS – Get Free Report) last posted its earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $2.25 billion. During the same quarter last year, the company earned $3.40 earnings per share. The company’s revenue was up 37.8% on a year-over-year basis. 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 predict that Synopsys will post 10.64 earnings per share for the current year.
Insider Transactions at Synopsys
In other news, 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 transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the sale, the insider directly owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 4,157 shares of company stock valued at $1,945,036. Corporate insiders own 0.62% of the company’s stock.
Institutional Trading of Synopsys
A number of hedge funds have recently made changes to their positions in the stock. Alpine Bank Wealth Management raised its position in Synopsys by 89.3% during 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. boosted its holdings in shares of Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of Synopsys during the 3rd quarter valued at about $27,000. SOA Wealth Advisors LLC. purchased a new position in shares of Synopsys during the 3rd quarter valued at about $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Synopsys in the 4th quarter worth approximately $28,000. 85.47% of the stock is owned by institutional investors.
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.
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