Synopsys (NASDAQ:SNPS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Synopsys (NASDAQ:SNPS) from a sell rating to a hold rating in a research report sent to investors on Saturday.

SNPS has been the subject of a number of other reports. Mizuho reduced their price objective on shares of Synopsys from $700.00 to $600.00 and set an “outperform” rating for the company in a research report on Thursday, September 11th. Morgan Stanley lifted their target price on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, The Goldman Sachs Group reduced their price objective on Synopsys from $700.00 to $600.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Synopsys has an average rating of “Moderate Buy” and an average target price of $562.13.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $454.67 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average price is $435.24 and its two-hundred day moving average price is $504.41. The company has a market cap of $84.45 billion, a PE ratio of 56.90, a price-to-earnings-growth ratio of 3.78 and a beta of 1.16. Synopsys has a twelve month low of $365.74 and a twelve month high of $651.73.

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

Insider Buying and Selling

In related news, CAO Sudhindra Kankanwadi sold 9,873 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $500.90, for a total value of $4,945,385.70. Following the completion of the transaction, the chief accounting officer owned 20,520 shares of the company’s stock, valued at $10,278,468. The trade was a 32.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.62% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Synopsys

Several hedge funds and other institutional investors have recently made changes to their positions in SNPS. Brighton Jones LLC increased its stake in Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after acquiring an additional 50 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Synopsys by 2.2% in the 1st quarter. HighTower Advisors LLC now owns 10,994 shares of the semiconductor company’s stock valued at $4,715,000 after purchasing an additional 240 shares during the last quarter. Horizon Investments LLC increased its stake in shares of Synopsys by 13.9% in the 1st quarter. Horizon Investments LLC now owns 7,596 shares of the semiconductor company’s stock valued at $3,258,000 after purchasing an additional 925 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Synopsys by 2.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 337,331 shares of the semiconductor company’s stock worth $144,670,000 after buying an additional 6,954 shares in the last quarter. Finally, Aberdeen Group plc lifted its position in shares of Synopsys by 79.4% during the 1st quarter. Aberdeen Group plc now owns 124,175 shares of the semiconductor company’s stock worth $53,130,000 after buying an additional 54,944 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.