Goldman Sachs Group Inc. Cuts Holdings in Synopsys, Inc. $SNPS

Goldman Sachs Group Inc. trimmed its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 10.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 790,173 shares of the semiconductor company’s stock after selling 89,962 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Synopsys were worth $371,160,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SNPS. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys during the fourth quarter valued at approximately $28,000. Oakworth Capital Inc. increased its holdings in Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 74 shares during the period. WealthCollab LLC increased its holdings in Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 41 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in Synopsys during the third quarter valued at approximately $38,000. Finally, N.E.W. Advisory Services LLC increased its holdings in Synopsys by 128.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 45 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Price Performance

Shares of SNPS opened at $464.85 on Friday. The company has a market cap of $89.01 billion, a price-to-earnings ratio of 107.60, a price-to-earnings-growth ratio of 3.01 and a beta of 1.22. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The company has a 50 day moving average of $466.55 and a two-hundred day moving average of $457.80.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a report on Wednesday, May 27th. BNP Paribas Exane lifted their price objective on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a report on Thursday, May 28th. HSBC downgraded shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research note on Friday, February 20th. Finally, Morgan Stanley raised their target price on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $563.81.

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.